Sizemasters Technology Ltd (513496)
📢 Recent Corporate Announcements
Sizemasters Technology Limited has scheduled its 33rd Annual General Meeting (AGM) for the financial year 2025-26 on September 16, 2026, via Video Conference. The register of members and share transfer books will remain closed from September 04, 2026, to September 16, 2026. The cut-off date to determine e-voting eligibility has been fixed as September 04, 2026, with the e-voting period open from September 13 to September 15, 2026.
- 33rd Annual General Meeting scheduled for September 16, 2026 at 04:00 PM IST via VC/OAVM
- Book closure period fixed from September 04, 2026 to September 16, 2026
- Cut-off date for remote e-voting eligibility is September 04, 2026
- Remote e-voting window runs from September 13, 2026 (09:00 AM) to September 15, 2026 (05:00 PM)
Sizemasters Technology Limited has scheduled its 33rd Annual General Meeting (AGM) for Wednesday, September 16, 2026, at 4:00 PM IST via Video Conference. The cut-off date to determine shareholders eligible to vote through remote e-voting is set as September 04, 2026. Remote e-voting opens on September 13, 2026 (9:00 AM IST) and ends on September 15, 2026 (5:00 PM IST). Book closure will run from September 04, 2026, to September 16, 2026.
- 33rd AGM to be held via VC/OAVM on September 16, 2026 at 04:00 PM IST
- Cut-off date for remote e-voting is September 04, 2026
- Remote e-voting window runs from September 13, 2026 (09:00 AM) to September 15, 2026 (05:00 PM)
- Book closure period scheduled from September 04, 2026 to September 16, 2026
Sizemasters Technology Limited has submitted its Integrated Annual Report for FY 2025-26 along with the notice for its 33rd Annual General Meeting (AGM). The AGM is scheduled to take place on September 16, 2026, via Video Conferencing. The cut-off date for e-voting entitlement is fixed as September 04, 2026, with the remote e-voting period open from September 13 to September 15, 2026. Ordinary and special business resolutions include the adoption of FY26 financial statements and approval of related party transactions.
- 33rd Annual General Meeting scheduled for September 16, 2026, at 04:00 PM IST via VC/OAVM
- Cut-off date for e-voting set as September 04, 2026
- Remote e-voting window runs from September 13, 2026 (09:00 AM) to September 15, 2026 (05:00 PM)
- Book closure period declared from September 04, 2026, to September 16, 2026
- Meeting agenda includes adoption of FY26 standalone and consolidated financials and approval of related party transactions
Sizemasters Technology Limited has announced that its 33rd Annual General Meeting (AGM) will be held on Wednesday, September 16, 2026, at 04:00 PM IST via Video Conferencing/OAVM. The cut-off date for determining shareholder voting rights is September 04, 2026. Remote e-voting is scheduled from September 13, 2026 (09:00 AM) to September 15, 2026 (05:00 PM). The agenda includes the adoption of FY26 audited standalone and consolidated financial statements, director re-appointment, and approval of related-party transactions.
- 33rd Annual General Meeting scheduled for September 16, 2026, at 04:00 PM IST via VC/OAVM.
- Cut-off date for e-voting eligibility and book closure commencement is September 04, 2026.
- Remote e-voting window open from September 13, 2026 (09:00 AM IST) to September 15, 2026 (05:00 PM IST).
- Key agenda items include adoption of FY26 financial results and approval of related party transactions with M/s. Sizemasters Gauges and Tools.
Sizemasters Technology reported a standalone revenue of ₹6.04 Cr for Q1 FY27, a 33.4% increase over the ₹4.53 Cr reported in the same quarter last year. However, standalone PAT remained relatively flat at ₹0.84 Cr compared to ₹0.87 Cr YoY, as total expenses rose significantly to ₹5.02 Cr. A key development is the board's proposal for related party transaction limits totaling ₹30 Cr across three entities, which is highly material given the company's TTM revenue of ₹36 Cr. The company continues its operational focus on precision gauges following its transition from the zinc business.
- Standalone Revenue from operations increased 33.4% YoY to ₹6.04 Cr from ₹4.53 Cr.
- Standalone Net Profit for the quarter stood at ₹0.84 Cr, a slight decline from ₹0.87 Cr in June 2025.
- Proposed Related Party Transaction limits total ₹30 Cr, representing approximately 83% of TTM revenue.
- Total standalone expenses rose to ₹5.02 Cr in Q1 FY27 from ₹3.51 Cr in Q1 FY26.
- Basic and Diluted EPS for the quarter was ₹0.84, down from ₹0.87 YoY but up from ₹0.73 QoQ.
Sizemasters Technology reported a 33.5% YoY increase in standalone revenue to ₹6.04 Cr for Q1 FY27. Despite the top-line growth, standalone Net Profit (PAT) declined marginally by 4.3% YoY to ₹0.84 Cr, down from ₹0.87 Cr in the previous year's quarter. A significant development is the board's approval of Related Party Transaction (RPT) limits totaling ₹30 Cr across three entities, which represents approximately 83% of the company's TTM revenue. The company's 33rd Annual General Meeting is scheduled for September 16, 2026.
- Standalone Revenue from operations increased 33.5% YoY to ₹6.04 Cr from ₹4.53 Cr.
- Standalone Net Profit (PAT) decreased 4.3% YoY to ₹0.84 Cr from ₹0.87 Cr.
- Approved Related Party Transaction (RPT) limits of ₹10 Cr each for three entities, totaling ₹30 Cr.
- Total RPT limits (₹30 Cr) represent approximately 83% of the TTM Revenue (₹36 Cr).
- 33rd Annual General Meeting (AGM) scheduled for September 16, 2026, via video conferencing.
Sizemasters Technology Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board will also finalize the schedule for the 33rd Annual General Meeting (AGM) and appoint a scrutinizer. The company is coming off a strong FY26 where revenue reached Rs 35.99 Cr, a significant jump from Rs 16.85 Cr in FY25. Investors will be monitoring if the Q1 FY27 performance sustains the momentum seen in the previous year, where quarterly revenue peaked at Rs 12.72 Cr in Sep 2025.
- Board meeting scheduled for August 12, 2026, to approve Q1 results
- Results cover the three-month period ended June 30, 2026
- Board to finalize details for the 33rd Annual General Meeting
- Company reported a TTM revenue of Rs 36 Cr and PAT of Rs 4 Cr as of March 2026
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 32.56% YoY to INR 1,688.60 Lakhs in FY25 from INR 1,273.88 Lakhs in FY24. Specific segment-wise growth for thread vs. spline gauges is not provided.
Profitability Margins
Net Profit before tax margin was 18.88% in FY25 compared to 18.52% in FY24. Gross margin (Revenue minus RM) was 48.69% in FY25.
EBITDA Margin
EBITDA margin is approximately 20.33% (INR 343.26 Lakhs) for FY25, showing healthy core profitability.
Capital Expenditure
Total assets increased by INR 654.83 Lakhs YoY, reaching INR 3,409.93 Lakhs as of March 31, 2025, representing a 23.77% increase in the asset base.
Credit Rating & Borrowing
Not disclosed; however, finance costs increased by 244.96% to INR 14.04 Lakhs on borrowings of INR 1,299.06 Lakhs.
Operational Drivers
Raw Materials
Steel and alloys (implied by gauge manufacturing) representing 51.31% of total revenue.
Raw Material Costs
Raw material costs were INR 866.41 Lakhs in FY25, up 17.86% from INR 735.13 Lakhs in FY24, representing 51.31% of revenue.
Strategic Growth
Growth Strategy
Growth is achieved through a 32.56% YoY increase in revenue from operations (INR 1,688.60 Lakhs) by leveraging its specialized product portfolio of precision gauges and the operational capabilities of its subsidiaries including ProtoD Technology and Aurum Technology.
Products & Services
Thread Gauges, Plain Gauges, Multi Gauging, Taper Gauges, Spline Gauges, PCD & Relation Gauges.
Brand Portfolio
Sizemasters.
Strategic Alliances
The group includes subsidiaries ProtoD Technology Private Limited, Sizemaster Calibrations Services LLP, and Aurum Technology LLP.
External Factors
Industry Trends
The precision gauging industry is evolving with higher demand for complex gauges; the company is positioned as a specialized manufacturer with a 32.56% revenue growth rate.
Competitive Moat
Technical expertise in manufacturing a diverse range of precision gauges (Thread, Plain, Multi, Taper, Spline, PCD) and providing calibration services through its LLP subsidiary.
Macro Economic Sensitivity
Highly sensitive to industrial manufacturing cycles; PBT grew 35.15% YoY to INR 318.82 Lakhs, reflecting strong performance in a growing economy.
Consumer Behavior
Industrial customers are increasingly requiring specialized gauging solutions like Multi Gauging and Relation Gauges.
Regulatory & Governance
Industry Regulations
Compliance with Ind AS and the Companies Act 2013; adherence to precision manufacturing and calibration standards.
Taxation Policy Impact
Current tax expense of INR 88.47 Lakhs on PBT of INR 318.82 Lakhs results in an effective tax rate of 27.75%.
Legal Contingencies
Pending litigations are disclosed in Note 35.1; no material foreseeable losses on long-term contracts or derivatives were reported.
Risk Analysis
Key Uncertainties
Potential for improper management override of controls and the risk of internal controls becoming inadequate due to changing conditions.
Geographic Concentration Risk
100% of registered operations are based in Pune, Maharashtra (Registered Office: Ramtekdi Industrial Estate, Hadapsar).
Technology Obsolescence Risk
Risk of traditional gauges being replaced by digital metrology and non-contact measurement technologies.
