Outcome of Board meeting held today and: 1. Approved and taken on record the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on 31st ....
MENNPIS · price
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Menon Pistons Limited reported audited standalone revenue of Rs 24,443.32 Lakhs for FY2026, up 15% from Rs 21,235.47 Lakhs in FY2025. Standalone PAT grew modestly from Rs 1,732.09 Lakhs to Rs 1,763.73 Lakhs. On a consolidated basis (including subsidiaries Rapid Machining Technologies and Lunar Enterprise), revenue increased significantly by ~20% to Rs 30,415.72 Lakhs from Rs 25,365.96 Lakhs, with consolidated PAT rising 7.3% to Rs 2,557.84 Lakhs. The Board recommended a 100% dividend (Rs 1 per share) subject to shareholder approval. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The company also appointed new internal and cost auditors for FY2026-27.
The approximately 20% consolidated revenue growth is positive for the stock, signaling strong operational recovery. However, the modest standalone PAT growth despite higher revenue suggests margin pressure. The clean audit opinion and dividend declaration are reassuring for shareholders.