45th AGM scheduled on 31st July 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lakshmi Electrical Control Systems reported FY 2025-26 revenue of Rs 237.58 crores, up 11.9% from Rs 212.31 crores in FY 2024-25. However, profit after tax declined sharply to Rs 1.19 crores from Rs 3.47 crores in the previous year, a drop of about 66%. Total comprehensive income turned negative at Rs -29.18 crores due to significant other comprehensive loss of Rs -30.36 crores (mainly from mark-to-market investments). The Board recommended a dividend of Rs 3 per share (30%) for shareholder approval at the 45th AGM on 31st July 2026. Statutory auditors M/s Subbachar & Srinivasan completed their 10-year term and will be replaced by M/s NRD Associates. The Plastics segment continued to report losses at Rs 2.72 crores for the year.
Despite revenue growth, the sharp 66% decline in PAT and negative comprehensive income due to investment mark-to-market losses are concerning for shareholders. The dividend payout at 30% is modest. The auditor rotation is routine and does not indicate any issues. The company's net worth declined from Rs 28.29 crores to Rs 25.52 crores.