Envair Electrodyne Ltd (500246)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Envair Electrodyne's revenue was ₹0.0 Cr, and net profit ₹-0.1 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.2 | loss narrowed | loss widened |
| Net profit | ₹-0.1 | loss narrowed | to loss |
| EPS (₹) | -0.24 | loss narrowed | to loss |
📢 Recent Corporate Announcements
Envair Electrodyne Ltd has announced the closure of its Register of Members and Share Transfer Books from September 23, 2026, to September 29, 2026, for its 44th Annual General Meeting (AGM). The AGM is scheduled to take place on September 29, 2026, at 11:30 AM via video conferencing. The cut-off date to determine shareholder eligibility for remote e-voting is fixed for September 22, 2026. This is a standard annual compliance requirement under Regulation 42 of SEBI LODR.
- 44th AGM scheduled for September 29, 2026, at 11:30 AM via video conferencing
- Share transfer books and register closed from September 23, 2026, to September 29, 2026
- E-voting cut-off date fixed for September 22, 2026
- Filing conducted under Regulation 42 of SEBI LODR Regulations, 2015
Envair Electrodyne Ltd has announced that its 44th Annual General Meeting (AGM) for FY 2025-26 will be held on Tuesday, September 29, 2026, via video conferencing. The register of members and share transfer books will remain closed from September 23 to September 29, 2026. The cut-off date to determine e-voting eligibility has been set for September 22, 2026, with the e-voting period spanning September 26 to September 28, 2026. The board has also appointed M/s Sanger & Associates as scrutinizer for the voting process.
- 44th Annual General Meeting scheduled for September 29, 2026, at 11:30 AM via video conferencing
- Cut-off date for e-voting eligibility fixed as September 22, 2026
- E-voting period set from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
- Book closure scheduled from September 23, 2026 to September 29, 2026
Envair Electrodyne continues to report zero operating revenue for the quarter ended June 30, 2026, as the company remains in a dormant state. The company posted a net loss of Rs 12.33 lakh for the quarter, a sharp reversal from the Rs 13 lakh profit recorded in the same period last year. Management explicitly stated in the filing that they are still exploring new opportunities to establish a manufacturing or trading business. With a market capitalization of only Rs 22 crore and no active business operations, the company's financial position remains highly speculative.
- Revenue from operations stood at Rs 0.00 for the quarter ended June 30, 2026.
- Net loss of Rs 12.33 lakh recorded for Q1 FY27 compared to a profit of Rs 13 lakh in Q1 FY26.
- Total expenses for the quarter were Rs 12.33 lakh, consisting entirely of administrative and other costs.
- Earnings Per Share (EPS) declined to -Rs 0.26 from Rs 0.28 in the year-ago quarter.
- Management confirmed they are currently searching for new manufacturing or trading business opportunities.
Envair Electrodyne has approved a revised plan to divest its 19.33% stake in Alliance Asia-Pac Pte. Ltd., Singapore, for a total consideration of $222,812.5 (approx. ₹1.87 Cr). The company will sell 143,750 shares at $1.55 per share to two corporate entities, Duratech Cements and Imperial Marketing Services, replacing a previous plan to sell to individual promoters. This transaction is highly material as it represents approximately 23% of the company's ₹8 Cr net worth, providing critical liquidity to a firm that reported zero operational revenue for Q1 FY27.
- Divestment of 143,750 equity shares representing a 19.33% stake in Alliance Asia-Pac Pte. Ltd.
- Total cash consideration of $222,812.5 at a fixed price of $1.55 per share.
- Company reported zero revenue from operations for the quarter ended June 30, 2026.
- Sale proceeds of ~₹1.87 Cr represent roughly 23% of the company's ₹8 Cr net worth.
- Revised buyers include Duratech Cements India Ltd (91,281 shares) and Imperial Marketing Services India Pvt Ltd (52,469 shares).
Envair Electrodyne Ltd has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 25 Cr and has reported zero revenue in the last four consecutive quarters. Despite the lack of revenue, the company maintained a positive TTM PAT of Rs 0.11 Cr in FY26, though it reported a loss of Rs 0.11 Cr in the most recent March 2026 quarter. This meeting is a routine regulatory requirement.
- Board meeting scheduled for August 13, 2026, to review Q1 FY27 results
- Company reported Rs 0.0 Cr revenue for the last four quarters (Jun 2025 - Mar 2026)
- Market capitalization stands at a small base of Rs 25 Cr
- Promoter holding remains stable at 57.52% as of June 2026
Envair Electrodyne has paid an outstanding Income Tax TDS demand of ₹18,47,440, which was originally raised on July 15, 2025. The demand related to TDS mismatches for various periods between FY 2007-08 and FY 2022-23. The payment was completed on July 25, 2026, following a reconciliation process of additional demands found on the tax portal. While the absolute amount is small, it represents approximately 2.3% of the company's ₹8 Cr net worth, given its current lack of operational revenue.
- Total TDS demand paid amounts to ₹18,47,440
- Demand covers multiple financial years from 2007-08 to 2022-23
- Payment was executed on July 25, 2026, after a year-long delay from the initial notice
- Company cited portal reconciliation and internal approvals for the 3-day delay in exchange notification
- Management states the payment has no material adverse impact on operations
Envair Electrodyne Ltd has settled an outstanding Income Tax TDS demand of Rs 18,47,440. The demand was originally issued on July 15, 2025, due to a TDS mismatch and was paid in full on July 25, 2026. While the company reported zero revenue in recent quarters, this payment represents approximately 2.3% of its Rs 8 crore net worth. The company maintains that this settlement has no material impact on its current operations.
- Payment of Rs 18,47,440 made to the Income Tax Department on July 25, 2026
- Demand was originally raised over a year ago on July 15, 2025
- The settlement amount accounts for ~2.3% of the company's total net worth of Rs 8 Cr
- The issue originated from a TDS mismatch under the Income Tax Act, 1961
Envair Electrodyne has officially withdrawn its application for the proposed Copper Clad Laminated (CCL) manufacturing project following a board meeting on July 17, 2026. The decision was driven by a massive 60.5% escalation in estimated project costs, which rose from ₹136.87 Crores to ₹219.67 Crores. The company intends to re-evaluate the project's scope and funding structure rather than abandoning the segment entirely. This withdrawal signals a significant delay in the company's primary growth initiative.
- Project cost estimate increased by ₹82.8 Crores, from ₹136.87 Crores to ₹219.67 Crores
- Board of Directors approved the withdrawal of the existing application on July 17, 2026
- Cost escalation represents a 60.5% jump over the initial planning estimates
- Company to re-evaluate financial viability and funding structure for the CCL segment
- The project was previously detailed in a communication dated May 5, 2026
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