Storage Technologies and Autom

Designs, manufactures and installs storage racking, shelving, warehouse automation and structural steel solutions for industrial and commercial customers. Revenue is earned by executing project orders that combine fabricated steel products with on-site installation services. In FY26, consolidated revenue was ₹84.97 crore, down 15.4% from FY25, as a key customer cancelled orders and projects were deferred, with GCC (Gulf Cooperation Council) export markets also disrupted by geopolitical events. The H2 FY26 half was particularly weak, contributing to a consolidated EBITDA loss of ₹6.32 crore versus an ₹94.37 lakh profit the prior year and a consolidated net loss of ₹32.75 lakh. The business is materials-intensive: raw materials and components made up ₹50.78 crore or 59.8% of FY26 revenue, while employee costs were ₹11.70 crore (13.8%) and other operating expenses ₹19.95 crore (23.5%). The board has approved borrowing up to ₹16.50 crore to purchase land and build a new factory, signalling planned capacity expansion.