FLUIDOMAT LTD.

Manufactures fluid couplings at its plant in Indore, operating as a single business segment. Revenue in FY26 was Rs 72.46 crore, with an EBITDA margin of 38.7% and net profit of Rs 20.06 crore on total assets of Rs 109.91 crore. The installed base of fluid couplings exceeds 60,000 units across 15 or more export countries, reflecting an export-tilted industrial product business. A Rs 35 crore capex plan approved in February 2026 is intended to lift annual capacity from 1,500 to 3,500 units over 2-3 years and is eligible for a 40% capital subsidy; a separate deal to buy a 2,000 sq. mt. tin shed in Dewas was cancelled by mutual consent. Materials are the largest cost at 31.9% of revenue, followed by employee costs at 19.9% and other operating expenses at 14.3%. The company is debt-free with a 30% ROCE and 53.45% promoter holding, and the board has recommended a Rs 7.50 per share dividend for FY26.