At the Board Meeting held on May 28, 2026 the Board Apporved the appointment of: 1. Mr. Abhay Golwalkar, Chartered Accountant as Internal Auditor for the Financial Year 2026 - 27. 2. ....
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Menon Pistons Ltd reported audited FY2026 results with standalone revenue of Rs 24,443 Lakhs (up 15% from Rs 21,235 Lakhs) and consolidated revenue of Rs 30,416 Lakhs (up 20% from Rs 25,366 Lakhs). Standalone PAT grew marginally to Rs 1,764 Lakhs while consolidated PAT improved to Rs 2,558 Lakhs. The Board recommended a 100% dividend (Re.1 per share) worth Rs 510 Lakhs. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financials. The company reappointed Mr. Abhay Golwalkar as Internal Auditor and appointed M/s. C S Adawadkar & Co. as Cost Auditor for FY 2026-27. Net cash from operations remained positive at Rs 4,524 Lakhs (standalone) and Rs 5,100 Lakhs (consolidated).
Positive for shareholders: strong revenue growth, clean audit opinion, and consistent dividend payout indicate financial stability. Near-20% revenue growth at consolidated level reflects healthy business expansion.