Outcome Of Board Meeting For The Q4FY2026
HARSHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Harsha Engineers International reported strong FY2026 results with standalone revenue of Rs 1,22,820 lakhs, up 12.8% from Rs 1,08,930 lakhs in FY25. Profit After Tax surged nearly 400% to Rs 17,680 lakhs from Rs 3,536 lakhs, boosted by absence of exceptional items (FY25 had Rs 9,501 lakhs impairment charge). EBITDA expanded significantly to Rs 26,960 lakhs from Rs 11,294 lakhs. The Board recommended a final dividend of Rs 1.5 per share (15%). Statutory auditors issued unmodified (clean) opinions. The company proposed appointing M/s Mukesh M. Shah & Co as new statutory auditor for 5 years, replacing existing auditor post-AGM. A new ESOP 2026 scheme with 18 lakh options was approved, subject to shareholder consent. Four independent directors were reappointed for second 5-year terms.
The company delivered exceptional PAT growth driven by improved operational performance and absence of prior-year impairment charges. Clean audit opinions and strong EBITDA expansion signal financial health. The dividend and ESOP scheme are positive for shareholders and employee retention.