Outcome of Board Meeting
MUNJALAU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Munjal Auto Industries reported Q4 and full year FY2026 results with standalone revenue of Rs. 1,43,858 lakhs, up 13.2% from Rs. 1,27,052 lakhs in FY2025. However, standalone profit after tax declined 10.3% to Rs. 2,755 lakhs from Rs. 3,071 lakhs, impacted by mark-to-market loss of Rs. 1,406 lakhs on mutual fund investments and one-time provisions for labour code changes. Consolidated PAT grew 18% to Rs. 4,615 lakhs. Exceptional items include Rs. 152 lakhs labour code provisions and Rs. 1,084 lakhs insurance claim income. The board recommended 50% dividend (Rs. 1 per share) and scheduled 41st AGM for August 31, 2026.
The standalone PAT decline and margin compression are concerning for standalone entity shareholders, though strong consolidated performance and clean audit opinion provide some comfort. The dividend offers a modest positive signal.