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Autoriders International Ltd (512277)

📊 BSE: 512277 🏢 Logistics Solution Provider 📢 Latest filing: 20 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Autoriders International's revenue was ₹24.4 Cr, and net profit ₹1.0 Cr; the operating margin was 23.8%.

Q1 FY27 (₹ Cr)	Value	YoY	QoQ
Revenue	₹24.4	—	-14.7%
Operating profit	₹5.8	—	-32.6%
Net profit	₹1.0	—	-59.3%
EPS (₹)	2.94	—	-59.2%
Operating margin	23.8%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Autoriders Doubles Borrowing Limits to ₹200 Cr & Expands Objects Clause to Renewable Energy

🟡 NEUTRAL ⭐ 5/10

BOARD_MEETING 📅 20 Aug 2026, 08:09 PM

Autoriders International's Board has approved doubling its borrowing and charge-creation limits from ₹100 crore to ₹200 crore under Section 180 of the Companies Act, 2013, subject to shareholder approval. The Board also approved amending its Memorandum of Association (MOA) to diversify into renewable energy, including solar, wind, and hydro power generation, transmission, and trading. Additionally, Mrs. Maneka Vijay Mulchandani was re-designated as Executive/Whole-Time Director for 3 years at a remuneration of up to ₹50 lakh per annum, and M/s. HRU & Associates was appointed as Secretarial Auditor for 5 years.

Approved increase in borrowing and asset-charge limits from ₹100 crore to ₹200 crore (subject to AGM approval)
Object clause of MOA altered to permit foray into renewable energy (generation, trading, and supply of solar, wind, and hydro)
Re-designated Mrs. Maneka Vijay Mulchandani as Whole-Time Director for 3 years with annual remuneration up to ₹50,00,000
Appointed M/s. HRU & Associates as Secretarial Auditor for a 5-year term from 1st April 2026 to 31st March 2031

💡 Track voting outcomes at the upcoming Annual General Meeting and watch for specific project announcements, capital allocations, or tie-ups regarding the planned renewable energy diversification.

Autoriders International Hikes Borrowing Limit to ₹200 Cr; Re-designates WTD and Eyes Renewables

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 20 Aug 2026, 08:03 PM

Autoriders International's Board approved the re-designation of Mrs. Maneka Vijay Mulchandani as Whole-Time Director for a 3-year term ending August 19, 2029, with annual remuneration up to ₹50 Lakhs. The Board also approved doubling the company's borrowing and charge-creation limits from ₹100 Crores to ₹200 Crores, subject to shareholder approval. Additionally, the company proposed altering its Memorandum of Association (MOA) to diversify into renewable energy generation, transmission, and trading, alongside appointing M/s HRU & Associates as Secretarial Auditors for 5 years.

Borrowing and asset charge limits doubled from ₹100 Crores to ₹200 Crores, subject to AGM approval
Mrs. Maneka Vijay Mulchandani re-designated as Whole-Time Director for 3 years with remuneration up to ₹50,00,000 per annum
Proposed amendment to MOA Object Clause to enter renewable energy (solar, wind, hydro) business
M/s HRU & Associates appointed as Secretarial Auditors for a 5-year term (FY27-FY31)

💡 Track voting outcomes at the upcoming Annual General Meeting for the MOA amendment and borrowing limit increase, followed by announcements regarding capital expenditure in renewable energy.

Autoriders International Approves Doubling Borrowing Limit to ₹200 Cr, Plans Renewable Energy Entry

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 20 Aug 2026, 07:56 PM

Autoriders International's Board has approved an increase in borrowing limits and asset charge limits from ₹100 crore to ₹200 crore under Section 180 of the Companies Act, subject to shareholder approval. The company also amended its Memorandum of Association (MOA) to diversify into renewable energy activities, including solar, wind, and hydro power generation and trading. Additionally, Mrs. Maneka Vijay Mulchandani was re-designated as Whole-Time Director for 3 years with annual remuneration of up to ₹50 lakh, and M/s. HRU & Associates was appointed secretarial auditor for 5 years.

Board approved increasing borrowing limits from ₹100 crore to ₹200 crore (compared to existing debt of ₹33 crore and net worth of ₹58 crore).
Proposed amendment to MOA Object Clause to enter renewable energy generation, transmission, and supply (solar, wind, hydro).
Re-designated Mrs. Maneka Vijay Mulchandani as Executive / Whole-Time Director for 3 years at up to ₹50,00,000 per annum.
Appointed M/s. HRU & Associates as Secretarial Auditor for a 5-year term from April 1, 2026, to March 31, 2031.

💡 Track shareholder voting outcomes at the upcoming AGM for the borrowing limit hike and MOA alteration, alongside any concrete capex or project announcements in renewable energy.

Q1 PAT down 42% YoY to ₹1.04 Cr; ₹3 Cr loan to non-operational group company flagged

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 09:37 PM

Autoriders International reported a weak Q1 FY27 with net profit falling 41.8% YoY to ₹1.04 crore, despite a marginal 2.2% YoY revenue growth to ₹23.79 crore. Sequentially, performance was significantly lower, with revenue dropping 16.8% from ₹28.58 crore in March 2026. A critical 'Emphasis of Matter' was raised by the statutory auditor regarding a ₹3 crore loan to a group company that is no longer a going concern, which the management has not yet provided for. Additionally, the company's Secretarial Auditor resigned effective August 12, 2026, citing professional commitments.

Net Profit for Q1 FY27 declined to ₹1.04 crore from ₹1.78 crore in the same quarter last year.
Revenue from operations stood at ₹23.79 crore, down 16.8% from the preceding quarter's ₹28.58 crore.
Statutory auditors flagged a ₹300 lakh (₹3 crore) loan to a non-operational group company as a potential risk.
Secretarial Auditor Ms. Shilpa Shah resigned, replaced by M/s. HRU & Associates effective August 12, 2026.
Total expenses rose to ₹23.21 crore in Q1 FY27, impacting operating margins compared to previous quarters.

💡 Investors should monitor the recoverability of the ₹3 crore loan to the group company, as a write-off would impact ~5% of the company's net worth. Watch for stabilization in car hire and service charges which pressured margins this quarter.

Autoriders International Q1 Net Profit Drops 42% to ₹1.02 Cr; ₹3 Cr Group Loan Flagged

🔵 WATCH ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 08:44 PM

Autoriders International reported a 4.8% YoY increase in revenue to ₹24.38 Cr for Q1 FY27, but net profit declined 42.7% YoY to ₹1.02 Cr. A significant concern is the statutory auditor's 'Emphasis of Matter' regarding a ₹3 Cr loan to a group company that has ceased to be a going concern, for which no provision has been made. This loan represents approximately 5.2% of the company's net worth (₹58 Cr). Additionally, the company appointed M/s. HRU & Associates as the new Secretarial Auditor following the resignation of Ms. Shilpa Shah.

Net Sales grew to ₹2,437.86 lakhs in Q1 FY27 from ₹2,326.51 lakhs in Q1 FY26
Net Profit fell to ₹102.28 lakhs from ₹178.48 lakhs in the same period last year
Auditor flagged a ₹300 lakh (₹3 Cr) loan to a group company that has ceased to be a going concern
Total expenses increased to ₹2,331.52 lakhs, with car hire charges at ₹467.17 lakhs
Paid-up equity share capital stands at ₹348.08 lakhs as of June 30, 2026

💡 Monitor the recoverability of the ₹3 Cr group company loan and check for any future provisions that might impact the bottom line. Watch for margin recovery as service charges and depreciation remain high relative to revenue.

₹8.99 Cr Fund Utilization: Autoriders International Reports Zero Deviation for Q1 FY27

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 12 Aug 2026, 08:18 PM

Autoriders International Ltd has submitted its quarterly statement confirming zero deviation in the utilization of funds raised via preferential allotment. The company raised ₹8.99 crore on December 31, 2024, for the purposes of loan repayment, business expansion, and general corporate needs. The Audit Committee reviewed the status for the quarter ended June 30, 2026, and found no variation from the original objects. This filing is a routine regulatory requirement to ensure transparency in capital deployment.

Total funds raised via preferential allotment: ₹8,99,10,000
Funds were originally raised on December 31, 2024
Zero deviation or variation reported for the quarter ended June 30, 2026
Audit Committee reviewed and approved the statement on August 12, 2026

💡 Monitor future quarterly filings to ensure the remaining funds continue to be deployed toward the stated expansion and debt reduction goals as planned.

Q1 PAT drops 42.7% YoY to ₹1.02 Cr; Auditor flags ₹3 Cr loan to non-going concern group entity

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 08:00 PM

Autoriders International reported a weak Q1 FY27 with net profit declining 42.7% YoY to ₹1.02 cr, despite a modest 5.5% growth in total income to ₹24.66 cr. The bottom line was pressured by a significant rise in service charges (up 25.8% YoY to ₹10.30 cr) and higher depreciation. A major concern for investors is the Auditor's 'Emphasis of Matter' regarding a ₹300 lakh (₹3 cr) loan granted to a group company that has ceased to be a going concern, for which no provision has been made. Sequentially, the performance was even softer, with PAT falling 59.4% from ₹2.51 cr in the preceding March quarter.

Total Income for Q1 FY27 stood at ₹24.66 cr, a 5.5% increase from ₹23.36 cr in Q1 FY26.
Net Profit declined sharply to ₹1.02 cr from ₹1.78 cr in the year-ago period.
Auditor highlighted a ₹300 lakh loan to a group company that is no longer a going concern; no provision for doubtful recovery was made.
Service charges, a major expense, rose to ₹10.30 cr from ₹8.18 cr YoY.
Secretarial Auditor Ms. Shilpa Shah resigned effective August 12, 2026, replaced by M/s. HRU & Associates.

💡 Investors should closely monitor the status of the ₹3 cr loan to the group entity, as any future write-off would significantly impact the company's net worth (~5%). Additionally, the rising trend in service charges needs to be watched for its impact on operating margins.

Autoriders International Q1 Net Profit Falls 43% YoY to ₹1.02 Cr; Auditor Flags ₹3 Cr Group Loan

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 07:47 PM

Autoriders International reported a weak Q1 FY27 with net profit declining 42.7% YoY to ₹1.02 cr, despite a 4.7% increase in revenue to ₹24.38 cr. The decline was primarily driven by a sharp rise in service charges, which increased 25.8% YoY to ₹10.30 cr. A significant risk factor is the Auditor's Emphasis of Matter regarding a ₹3 cr loan to a group company that has ceased operations; management has not provided for this potential loss. The company also transitioned its Secretarial Auditor following the resignation of the previous incumbent.

Net Profit declined to ₹1.02 cr in Q1 FY27 from ₹1.78 cr in the same quarter last year.
Revenue from operations grew marginally by 4.7% YoY to ₹24.38 cr.
Auditor highlighted a ₹300 lakh (₹3 cr) loan to a defunct group company, representing ~33% of TTM PAT.
Service charges rose to ₹10.30 cr from ₹8.18 cr YoY, significantly impacting operating margins.
EPS for the quarter stood at ₹2.94, down from ₹30.77 YoY (adjusted for a 6x increase in share capital).

💡 Investors should monitor the recoverability of the ₹3 cr group loan and check for any future provisioning that could impact the bottom line. Watch the trend in service charges to see if the company can regain its previous margin profile.

Autoriders International Clarifies No Undisclosed Events Behind Recent Price Movement

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 06 Aug 2026, 04:49 PM

Autoriders International Ltd has responded to a BSE query dated August 5, 2026, regarding significant movement in its share price. The company clarified that there are no undisclosed material events or price-sensitive information that require disclosure under SEBI Regulation 30. Management attributed the recent price volatility entirely to market conditions and confirmed that all necessary disclosures have been made within prescribed timelines.

BSE query received via email Ref. No. L/SURV/ONL/PV/SJ/2026-2027/4111 on August 5, 2026
Company confirms no material information or impending announcements have been withheld
Share price has experienced a 12-month return of 80.0% despite a 6-month decline of 32.6%
Company maintains a market capitalization of approximately ₹119 Cr as of the announcement date

💡 Investors should focus on the company's fundamental performance in upcoming quarterly results rather than short-term price volatility, as the company has denied any undisclosed material developments.

Autoriders International Board Meeting on August 12, 2026, to Approve Q1 FY27 Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 04:42 PM

Autoriders International Ltd has scheduled a board meeting for August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company, a logistics solution provider with a market cap of ₹119 Cr, reported a TTM revenue of ₹101 Cr and a PAT of ₹9 Cr. The trading window for designated persons has been closed since July 1, 2026, and will remain so until after the results are declared. This is a routine regulatory filing ahead of the quarterly earnings release.

Board meeting scheduled for August 12, 2026, to review Q1 FY27 performance
Trading window for insiders closed from July 1, 2026, until 48 hours post-results
Company reported TTM revenue of ₹101 Cr and TTM PAT of ₹9 Cr as of FY26
Operating Profit Margin (OPM) stood at 27.9% for the trailing twelve months
Promoter holding remains stable at 62.43% as of June 2026

💡 Investors should monitor the results on August 12 to see if the company can sustain its TTM EPS of ₹25.88 and manage its debt-to-equity ratio of 0.57.

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