Mapro Industries Ltd (509762)
Q2 FY27 results
Mapro Industries Ltd reported Q2 FY27 results on 13 Oct 2026: revenue ₹0.3 Cr (+48.9% year on year, -24.4% on the previous quarter), and net profit ₹0.5 Cr (+449.6% year on year); the operating margin was 70.9%.
| Q2 FY27 (₹ Cr) | Value | YoY vs Q2 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.3 | +48.9% | -24.4% |
| Operating profit | ₹0.2 | +100.5% | -22.3% |
| Net profit | ₹0.5 | +449.6% | +113.0% |
| EPS (₹) | 0.66 | +450.0% | +112.9% |
| Operating margin | 70.9% | — | — |
- Profit +175% above its own trend
- Operating margin expanded 1824 bps YoY
- 64% of pre-tax profit came from other income and one-off items
- Profit grew faster than the core business (core profit +100%)
- FY26 operating cash flow was only 16% of profit
Quality of profit: of pre-tax profit of ₹0.5 Cr, ₹0.2 Cr (36%) came from the core business and the rest from other income and one-off items. Core profit (operating profit less interest and depreciation) moved +100.5% year on year.
Against its own trend: net profit of ₹0.5 Cr was +174.8% against the ₹0.2 Cr its recent growth pointed to (above trend). This is a statistical baseline, not an analyst estimate.
📢 Recent Corporate Announcements
Wealth Mine Networks has submitted the Draft Letter of Offer for an open offer to acquire up to 21,81,121 equity shares of Mapro Industries Limited, representing 26.00% of voting share capital. The acquirer, Arambhveer Limited, along with three PACs, has proposed an offer price of ₹60.13 per share payable in cash, totaling approximately ₹13.11 crore. The offer price represents an 17.7% premium over the recent market price of ₹51.10. The tendering period is scheduled to open on November 19, 2026, and close on December 03, 2026.
- Open offer to acquire up to 21,81,121 equity shares representing 26.00% voting capital
- Offer price fixed at ₹60.13 per share payable in cash (premium vs CMP of ₹51.10)
- Total open offer consideration stands at approximately ₹13.11 crore
- Offer opens on November 19, 2026, and closes on December 03, 2026
- Acquisition being made by Arambhveer Limited along with 3 Persons Acting in Concert (PACs)
Mapro Industries Ltd submitted its quarterly compliance filing under Regulation 32(1) of SEBI LODR Regulations for the period ending September 2026. The company confirmed that it has not raised any funds via public, rights, preferential issues, or QIPs. Consequently, the statement of deviation or variation is not applicable, and Annexure A was not submitted.
- Filing pertains to SEBI LODR Regulation 32(1) for the quarter ending September 2026
- Company reported no funds were raised via public issue, rights issue, preferential issue, or QIP
- Statement of deviation/variation (Annexure A) deemed not applicable
- Announcement submitted to BSE on 13-10-2026
Mapro Industries reported its un-audited standalone financial results for the quarter ended September 30, 2026, posting a total income of ₹63.20 lakhs compared to ₹19.29 lakhs in the year-ago period. Net profit for the quarter rose sharply to ₹54.96 lakhs from ₹9.65 lakhs in Q2 FY26. Revenue from operations stood at ₹28.29 lakhs, with the rest coming from other operating income of ₹34.91 lakhs. For H1 FY27, net profit reached ₹80.76 lakhs on a total income of ₹100.63 lakhs.
- Q2 FY27 total income grew to ₹63.20 lakhs from ₹19.29 lakhs in Q2 FY26
- Net profit for the quarter climbed to ₹54.96 lakhs vs ₹9.65 lakhs in the prior-year quarter
- Half-year (H1 FY27) net profit stood at ₹80.76 lakhs on total income of ₹100.63 lakhs
- Basic and diluted EPS for Q2 FY27 increased to ₹0.66 from ₹0.12 in Q2 FY26
Mapro Industries reported its un-audited standalone financial results for the quarter ended September 30, 2026, posting a total income of ₹63.20 lakhs compared to ₹19.29 lakhs in the year-ago period. Net profit for the quarter rose sharply to ₹54.96 lakhs from ₹9.65 lakhs in Q2 FY26. Revenue from operations stood at ₹28.29 lakhs, with the rest coming from other operating income of ₹34.91 lakhs. For H1 FY27, net profit reached ₹80.76 lakhs on a total income of ₹100.63 lakhs.
- Q2 FY27 total income grew to ₹63.20 lakhs from ₹19.29 lakhs in Q2 FY26
- Net profit for the quarter climbed to ₹54.96 lakhs vs ₹9.65 lakhs in the prior-year quarter
- Half-year (H1 FY27) net profit stood at ₹80.76 lakhs on total income of ₹100.63 lakhs
- Basic and diluted EPS for Q2 FY27 increased to ₹0.66 from ₹0.12 in Q2 FY26
Mapro Industries Ltd has scheduled a meeting of its Board of Directors on Tuesday, October 13, 2026. The board will consider, approve, and take on record the un-audited standalone financial results for the quarter ended September 30, 2026. This intimation is a standard compliance requirement under Regulation 29 of the SEBI (LODR) Regulations, 2015. The micro-cap company currently operates with TTM revenues of Rs 2 Cr and a market cap of approximately Rs 43 Cr.
- Board meeting date scheduled for October 13, 2026
- Agenda: Approve un-audited standalone financial results for the quarter ended September 30, 2026
- Filing submitted under Regulation 29 of SEBI (LODR) Regulations, 2015
- Notice issued on October 8, 2026
Wealth Mine Networks Ltd has released a Detailed Public Statement for an open offer to acquire up to 21,81,121 equity shares (26.00% of voting capital) of Mapro Industries Ltd by Arambhveer Ltd along with PACs. This follows a Share Purchase Agreement dated September 24, 2026, where the acquirers agreed to buy 21,85,430 shares (26.05% stake) from seller Sandeep Gupta at ₹30.00 per share. The open offer price of ₹30.00 is at a significant discount to the current market price of ₹51.10. If fully completed, the acquirer and PACs will gain majority control over the micro-cap civil construction company.
- Open offer for up to 21,81,121 equity shares representing 26.00% of voting share capital
- Underlying Share Purchase Agreement to acquire 21,85,430 equity shares representing 26.05% stake
- SPA acquisition price fixed at ₹30.00 per share
- Target company's total voting capital stands at 83,88,925 fully paid-up equity shares of ₹10 face value
Arambhveer Limited, along with persons acting in concert, has entered into a Share Purchase Agreement to acquire 21,85,430 shares (26.05% voting capital) of Mapro Industries from promoter Mr. Sandeep Gupta at ₹30.00 per share. This transaction triggers a mandatory open offer to acquire up to 21,81,121 shares (26.00% voting capital) from public shareholders at ₹60.13 per share, amounting to ₹13.12 crore in cash. The open offer price of ₹60.13 represents a 17.7% premium over the recent trading price of ₹51.10. Upon completion, the acquirer will assume control and become the new promoter, while the seller will be declassified.
- Open offer price set at ₹60.13 per share, totaling up to ₹13,11,50,806 for a 26.00% stake (21,81,121 shares)
- Underlying Share Purchase Agreement involves acquiring 21,85,430 shares (26.05%) at ₹30.00 per share from Sandeep Gupta
- Open offer price of ₹60.13 is roughly 17.7% above the last closing price of ₹51.10
- Full takeover implies total potential control of up to 52.05% of voting share capital by Arambhveer Limited and PACs
Arambhveer Limited, along with persons acting in concert, has entered into a Share Purchase Agreement to acquire 21,85,430 shares (26.05% voting capital) of Mapro Industries from promoter Mr. Sandeep Gupta at ₹30.00 per share. This transaction triggers a mandatory open offer to acquire up to 21,81,121 shares (26.00% voting capital) from public shareholders at ₹60.13 per share, amounting to ₹13.12 crore in cash. The open offer price of ₹60.13 represents a 17.7% premium over the recent trading price of ₹51.10. Upon completion, the acquirer will assume control and become the new promoter, while the seller will be declassified.
- Open offer price set at ₹60.13 per share, totaling up to ₹13,11,50,806 for a 26.00% stake (21,81,121 shares)
- Underlying Share Purchase Agreement involves acquiring 21,85,430 shares (26.05%) at ₹30.00 per share from Sandeep Gupta
- Open offer price of ₹60.13 is roughly 17.7% above the last closing price of ₹51.10
- Full takeover implies total potential control of up to 52.05% of voting share capital by Arambhveer Limited and PACs
Mapro Industries Ltd has informed the exchange that Regulation 32(1) regarding the Statement of Deviation or Variation is not applicable to the company. The company confirmed that it has not raised any funds through public issues, rights issues, preferential issues, or Qualified Institutions Placements (QIP). As no funds were raised, there is no requirement to report on the utilization of proceeds or any deviations from stated objectives. This is a routine compliance filing for the period ending August 1, 2026.
- Company confirmed 0 funds raised through public, rights, or preferential issues
- Regulation 32(1) of SEBI LODR declared as not applicable
- Statement filed with BSE on August 1, 2026
- Annexure A for fund utilization not submitted due to non-applicability
Mapro Industries reported a net profit of ₹25.80 lakhs for the quarter ended June 30, 2026, marking a recovery from a loss of ₹17.87 lakhs in the previous quarter (March 2026). Total income for the quarter stood at ₹37.43 lakhs, which is a 61% increase compared to ₹23.22 lakhs in the same period last year. The company significantly reduced its total expenses to ₹11.63 lakhs from ₹83.25 lakhs in the preceding quarter. Despite the profit, a substantial 57% of the total income was derived from 'Other Operating Income' rather than core operations.
- Net Profit of ₹25.80 lakhs in Q1 FY27 vs a loss of ₹17.87 lakhs in Q4 FY26.
- Total Income grew 61% year-on-year to ₹37.43 lakhs from ₹23.22 lakhs.
- Total Expenses decreased by 86% sequentially to ₹11.63 lakhs from ₹83.25 lakhs.
- Earnings Per Share (EPS) improved to ₹0.31 from ₹0.13 in the year-ago quarter.
- Revenue from operations contributed ₹15.95 lakhs, while other operating income contributed ₹21.48 lakhs.
Mapro Industries reported a total income of ₹37.43 Lakhs for the quarter ended June 30, 2026, representing a 61% increase from ₹23.22 Lakhs in the same period last year. The company achieved a net profit of ₹25.80 Lakhs, up from ₹11.00 Lakhs YoY, primarily due to the commencement of operational revenue which was nil in Q1 FY26. Total expenses remained controlled at ₹11.63 Lakhs compared to ₹12.22 Lakhs in the previous year. Despite the percentage growth, the absolute revenue remains very low at approximately ₹0.37 Cr for the quarter.
- Net Profit grew by 134.5% YoY to ₹25.80 Lakhs from ₹11.00 Lakhs.
- Revenue from operations reached ₹15.95 Lakhs, compared to zero in the corresponding quarter of the previous year.
- Total income for the quarter stood at ₹37.43 Lakhs, contributing approximately 18.7% of the TTM revenue.
- Earnings Per Share (EPS) increased to ₹0.31 from ₹0.13 in Q1 FY26.
- Other operating income contributed ₹21.48 Lakhs, accounting for 57% of the total income.
Mapro Industries Ltd has scheduled a board meeting on August 1, 2026, to approve unaudited standalone financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the company, which has a small market capitalization of Rs 41 Cr. Investors will be monitoring for a potential recovery after the company reported a net loss of Rs 0.18 Cr in the preceding March 2026 quarter. The company operates on a very small scale with TTM revenue of only Rs 2 Cr.
- Board meeting scheduled for August 1, 2026, to approve Q1 results
- Results pertain to the quarter ended June 30, 2026
- Company reported a TTM revenue of Rs 2 Cr as of the latest data
- Previous quarter (March 2026) saw a net loss of Rs 0.18 Cr
- Promoter holding has remained stagnant at 30.58% since June 2025
Mapro Industries Ltd has responded to a surveillance query from the BSE regarding significant recent movements in its share price. The company officially stated that it is not aware of any unpublished price-sensitive information (UPSI) or material events that have not been disclosed. Management characterized the price movement as purely market-driven and confirmed compliance with SEBI Listing Obligations and Disclosure Requirements (LODR). This clarification comes as the company operates on a very small financial base with TTM revenue of just ‡2 Cr.
- Company confirms 0 pending announcements or material events requiring disclosure under Regulation 30
- Management states price movement is purely market-driven and not based on internal developments
- TTM revenue remains low at ‡2 Cr relative to a market capitalization of ‡39 Cr
- Promoter holding has remained stagnant at 30.58% as of March 2026
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