Q1 PAT drops 44%, in-principle merger nod and new machining unit

Ebitda Margin CompressionRelated Party TransactionsResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹1321.00

prior close

₹1280.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.0% vs market

Castings & Forgings peers, median of 22sector-0.4%+2.6% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.6 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.3

10m

-2.3

15m

-0.3

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.2+2.0-0.4+2.6

Next day

+8.6+0.2+8.4+1.4+7.3

+7.1+0.4+6.8+0.6+6.5

+3.7+0.7+3.0+0.4+3.3

+2.8+0.1+2.7-0.3+3.1

+6.8+0.7+6.1+0.1+6.7

+2.2+1.2+1.0+2.4-0.2

15d

+6.0+0.7+5.2+6.1-0.2

+0.2-1.2+1.4+3.9-3.7

-4.7-1.1-3.6+5.9-10.6

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UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q1 FY27 revenue rose 4.7% to Rs 51.81 Cr but PAT fell 44% to Rs 3.73 Cr versus Rs 6.66 Cr year-ago, as depreciation doubled to Rs 2.61 Cr. Board gave in-principle approval for merger with related party Samrajyaa Precision Machining Pvt Ltd (machining business). Also approved a new in-house machining division with 7 CNC machines, about Rs 17 Cr investment funded via internal accruals, expected by January 2027.

Likely market impact

Sharp PAT fall despite revenue growth is a concern. Merger and capacity expansion signal long-term growth focus but bring execution and integration risk.