Austin Engineering Company Ltd (522005)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Austin Engineering's revenue was ₹32.3 Cr (-10.7% year on year, +4.8% on the previous quarter), and net profit ₹0.9 Cr (-38.6% year on year); the operating margin was 4.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹32.3 | -10.7% | +4.8% |
| Operating profit | ₹1.6 | -15.7% | -13.3% |
| Net profit | ₹0.9 | -38.6% | -21.7% |
| EPS (₹) | 2.70 | -38.6% | -21.7% |
| Operating margin | 4.8% | — | — |
📢 Recent Corporate Announcements
Austin Engineering Company Ltd has submitted its 48th Annual Report for FY 2025-26 pursuant to Regulation 34(1) of SEBI LODR. The 48th Annual General Meeting is scheduled for Monday, September 28, 2026, at 11:00 AM IST at its registered office in Junagadh. Key agenda items include the adoption of FY26 audited accounts, re-appointment of director Mr. Hiren Narottam Vadgama, and ratification of cost auditor remuneration of Rs 50,000 per annum. The register of members and share transfer books will remain closed from September 22 to September 28, 2026.
- 48th Annual General Meeting scheduled for September 28, 2026, at 11:00 AM IST
- Book closure period set from September 22, 2026 to September 28, 2026 (both days inclusive)
- Ratification of cost auditor remuneration of Rs 50,000 per annum plus applicable taxes for FY 2026-27
- Re-appointment of retiring director Mr. Hiren Narottam Vadgama proposed at the AGM
Austin Engineering Company Ltd has announced its 48th Annual General Meeting (AGM) will be held on September 28, 2026. The company has established September 18, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. Additionally, the register of members and share transfer books will be closed from September 22 to September 28, 2026. This follows a board decision originally made on May 27, 2026.
- 48th Annual General Meeting scheduled for Monday, September 28, 2026, at 11:00 A.M.
- Cut-off date for remote e-voting eligibility is Friday, September 18, 2026.
- Book closure period fixed from September 22, 2026, to September 28, 2026 (7 days).
- Meeting to be held physically at the registered office in Junagadh, Gujarat.
Austin Engineering reported a weak Q1 FY27 with standalone revenue declining 7.8% YoY to ₹31.20 Cr. Net profit (PAT) saw a sharper decline of 34%, falling to ₹1.00 Cr from ₹1.52 Cr in the year-ago period. In a strategic move, the board approved acquiring a 15-20% minority stake in a European bearing trading company, a long-term client, to expand its international footprint. The acquisition is expected to close within 6 months for an undisclosed cash consideration.
- Standalone Revenue from Operations fell to ₹31.20 Cr in Q1 FY27 from ₹33.83 Cr in Q1 FY26.
- Standalone Net Profit dropped 34% YoY to ₹1.00 Cr compared to ₹1.52 Cr.
- Board approved a minority equity stake acquisition of 15% to 20% in a foreign private limited company.
- Consolidated Total Income for the quarter stood at ₹32.76 Cr.
- The acquisition is targeted for completion within a 6-month indicative timeline.
Austin Engineering reported a standalone net profit of ₹1.00 Cr for Q1 FY27, a 34% decline from ₹1.52 Cr in the same quarter last year. Revenue from operations decreased by 7.8% YoY to ₹31.20 Cr. The board has also approved a strategic acquisition of a 15-20% minority stake in a European bearing trading company, which is a long-standing customer. This acquisition is intended to strengthen the company's international presence and is expected to be completed within 6 months.
- Standalone Revenue for Q1 FY27 decreased to ₹31.20 Cr from ₹33.83 Cr in Q1 FY26
- Standalone Net Profit for the quarter ended June 30, 2026, stood at ₹1.00 Cr vs ₹1.52 Cr YoY
- Proposed acquisition of 15% to 20% minority equity stake in a foreign private limited company in Europe
- Indicative timeline for the completion of the acquisition is within 6 months
- Consolidated Revenue for Q1 FY27 was reported at ₹32.24 Cr
Austin Engineering Company Ltd (Market Cap: ₹47 Cr) has scheduled a board meeting for August 11, 2026, to approve its Q1 FY27 financial results and a strategic acquisition. The company proposes to acquire a minority equity stake between 15% and 20% in a foreign private limited company that has been a long-term customer. This move represents a significant strategic shift toward equity-based partnerships with international clients. Given the company's small size and TTM revenue of ₹125 Cr, the financial terms of this acquisition will be critical for its balance sheet.
- Proposed acquisition of a 15% to 20% minority equity stake in a foreign private company.
- Target entity is a long-term customer of the company's bearing products.
- Board meeting scheduled for August 11, 2026, to finalize terms and approve Q1 results.
- Company reported a TTM PAT of ₹5 Cr and maintains a low debt-to-equity ratio of 0.01.
- The acquisition includes negotiation of price per share, valuation, and mode of payment.
Austin Engineering Company Ltd has scheduled a board meeting for August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the date and venue for the 48th Annual General Meeting (AGM) and approve the Annual Report for FY 2025-26. This follows a fiscal year where the company achieved a revenue of Rs 125 Cr and a net profit of Rs 5 Cr. Investors will be looking for consistency in margins, which stood at 5.5% on a TTM basis.
- Board meeting scheduled for August 11, 2026, at 2:00 p.m. to approve Q1 FY27 results
- Agenda includes finalizing the 48th Annual General Meeting (AGM) date and e-voting cut-off
- Board to approve the draft Annual Report for the financial year ended March 31, 2026
- Company reported a TTM revenue of Rs 125 Cr and a net profit of Rs 5 Cr as of the latest full year
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