Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 2.8 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Lakshmi Electrical Control Systems reported FY2026 revenue of Rs. 2,375.8 million, up 11.9% from Rs. 2,123.1 million in FY2025. However, profit after tax dropped significantly to Rs. 11.87 million from Rs. 34.72 million in the prior year - a decline of about 66%. The Plastics segment continued operating at a loss of Rs. 271.97 lakhs for the full year. The Board recommended a dividend of Rs. 3 per share (30%). Statutory auditors M/s. Subbachar & Srinivasan completed their two terms of five years each, and the Board recommended M/s. NRD Associates as new statutory auditors for 5 years. The AGM is scheduled for July 31, 2026, with record date July 24, 2026. The auditors provided an unmodified (clean) opinion.
The stock may face pressure due to steep PAT decline of 66% despite moderate revenue growth, indicating margin compression. The plastics segment loss is a concern. Positive dividend payout and clean audit opinion provide some support.