BSECoastal Roadways LtdMediumNeutral
Announced Tue, 26 May · 16:20 IST

Change in Management

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹31.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.8-9.5-14.0+3.0
Up moveDown movePending
AI summary

Coastal Roadways Limited reported audited financial results for Q4 and FY ended March 31, 2026. The company posted net profit of Rs. 208 lakhs for FY26 compared to Rs. 158 lakhs in FY25. Total income stood at Rs. 4,152 lakhs with EPS of Rs. 3.81 (basic and diluted). Total assets grew to Rs. 2,780 lakhs from Rs. 2,648 lakhs. The Board approved re-appointment of Mr. Kanhaiya Kumar Todi as Chairman, Managing Director & CEO for 3 years, re-appointment of Mr. Sushil Kumar Todi as Whole-time Director (effective August 5, 2026), and elevation of Mr. Udit Todi from Non-Executive Director to Whole-time Director effective May 26, 2026. Statutory auditors Patanjali & Co. issued an unmodified audit opinion.

Likely market impact

Positive signals from steady profit growth and asset expansion. The elevation of Udit Todi (promoter family member) to executive role suggests continuity of family control in management, which may appeal to long-term investors but offers no major near-term stock catalyst.