THEJONSEThejo Engineering LimitedHighNeutral
Announced Wed, 27 May · 16:09 IST

Thejo Engineering Limited has submitted to the Exchange, the financial results for the quarter and year ended March 31, 2026.

Pat Growth 25pctRevenue Growth 20pctExceptional ItemEmphasis Of MatterResults View source PDF

THEJO · price

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AI summary

Thejo Engineering Limited reported strong Q4 FY26 standalone revenue of Rs. 14,457.16 lakhs, up 17% from Rs. 12,329.01 lakhs in Q4 FY25. Standalone PAT grew 27% to Rs. 1,770.52 lakhs from Rs. 1,389.30 lakhs year-on-year. Consolidated revenue for Q4 stood at Rs. 18,116.80 lakhs with PAT of Rs. 1,659.15 lakhs. The Board recommended a dividend of Rs. 5 per share (50%). Auditors Brahmayya & Co. gave an unmodified (clean) opinion on both standalone and consolidated results. Key accounting note: effective April 1, 2025, the company changed depreciation method from WDV to Straight Line Method, reducing depreciation charge by Rs. 737.02 lakhs for the full year with Rs. 551.51 lakhs positive impact on PAT. An exceptional item of Rs. 273.11 lakhs was recorded for one-time past service cost due to new labour codes. Re-appointments of V.A. George (Executive Chairman) and Manoj Joseph (Managing Director) were approved.

Likely market impact

Strong financial performance with 27% PAT growth and clean audit opinion. The depreciation method change boosted profitability this year but is a one-time benefit. Dividend announcement is positive for shareholders. No going concern or audit qualification issues.