Outcome of Board Meeting held on 26th May, 2026
PENIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pennar Industries Board approved FY26 audited results with clean audit opinion (unmodified). Consolidated total income grew 12.35% to ₹3,666.32 crore, with PAT up 16.22% to ₹138.83 crore and EBITDA up 15.51% to ₹401.32 crore. The company appointed new Internal Auditors (R Krishna & Associates) and Cost Auditors (Kandikonda & Associates) for FY27. Board also approved investment in ZAP91 Solar India Private Limited (joint venture). Shareholders approved ₹5,040 lakh warrant issuance to a promoter at ₹168 per warrant, pending exchange approval. The company recently divested its 51% stake in Enertech Pennar Defence and Engineering Systems for ₹1,120 lakh, recording a net profit of ₹119 lakh on standalone books.
Strong financial performance with double-digit revenue and profit growth. Clean audit opinion and positive operating cash flow of ₹20,212 lakh signal financial health. The promoter warrant issuance, if completed, will bring additional capital. Growing borrowings warrant monitoring.