Fluidomat Ltd (522017)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Fluidomat's revenue was ₹11.8 Cr (-1.3% year on year, -59.1% on the previous quarter), and net profit ₹2.2 Cr (-25.8% year on year); the operating margin was 20.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹11.8 | -1.3% | -59.1% |
| Operating profit | ₹2.4 | -18.7% | -81.2% |
| Net profit | ₹2.2 | -25.8% | -77.7% |
| EPS (₹) | 4.52 | -16.9% | -78.3% |
| Operating margin | 20.6% | — | — |
📢 Recent Corporate Announcements
Fluidomat Ltd has approved significant leadership realignments at its board meeting on October 24, 2026. Mrs. Radhica Sharma has been elevated from Joint Managing Director to Managing Director for the remainder of her term until February 9, 2028. Additionally, Mr. Kunal Jain has been redesignated as Joint Managing Director until April 30, 2029, and Mrs. Pramila Jain has been inducted as an Additional Whole-time Director (Executive Director) for a 3-year term ending October 23, 2029. The changes signify formal succession and continuity within the promoter-led executive team for the Rs 368 Cr market cap company.
- Mrs. Radhica Sharma redesignated as Managing Director effective October 24, 2026, until February 9, 2028
- Mr. Kunal Jain redesignated from Executive Director to Joint Managing Director with tenure ending April 30, 2029
- Mrs. Pramila Jain appointed as Additional Whole-time Director for a 3-year term from October 24, 2026, to October 23, 2029
- Pramila Jain appointment is subject to member approval within 3 months
Fluidomat Limited announced major leadership changes following its Board meeting on 24th October 2026. Mrs. Radhica Sharma has been elevated from Joint MD to Managing Director until 9th February 2028, while Mr. Kunal Jain was redesignated from Executive Director to Joint Managing Director through 30th April 2029. Additionally, Mrs. Pramila Jain was appointed as an Additional Director, Whole-time Director (Executive Director) for 3 years, and designated as the Chairperson of the company. These appointments remain subject to shareholder approval within 3 months.
- Mrs. Radhica Sharma redesignated as Managing Director effective 24th October 2026 till 9th February 2028
- Mr. Kunal Jain redesignated as Joint Managing Director effective 24th October 2026 till 30th April 2029
- Mrs. Pramila Jain appointed as Whole-time Director/Executive Director for 3 years (24th October 2026 to 23rd October 2029) and designated Chairperson
- Shareholder approval for Mrs. Pramila Jain's appointment required within a 3-month window
Fluidomat Ltd has informed the exchanges of the sudden demise of its Promoter, Chairman, and Managing Director Shri Ashok Jain on October 9, 2026. The company currently has a market cap of approximately Rs 368 Cr with TTM revenue of Rs 46 Cr and promoter holding of 53.45%. As the principal promoter-leader of this niche industrial coupling manufacturer, his passing creates a key leadership vacancy that requires board action for succession.
- Sudden passing away of Shri Ashok Jain (DIN: 00007813) occurred on 9th October, 2026
- Shri Ashok Jain served both as Promoter and Chairman & Managing Director of the company
- Date of cessation of his directorship is recorded as 9th October, 2026
Fluidomat Ltd shareholders approved a final dividend of ₹7.50 per share (75% on face value of ₹10) at the 50th AGM on September 26, 2026. The dividend applies to 49,27,000 equity shares, representing a total cash outflow of approximately ₹3.70 crore. The record date for dividend entitlement was set as September 19, 2026, and payments will be credited within the prescribed statutory timeframe. This payout represents about 37% of the company's TTM net profit of ₹10 crore.
- Final dividend of ₹7.50 (75%) per equity share approved at the 50th AGM
- Applicable to 49,27,000 equity shares of face value ₹10 each
- Total dividend payout amounts to ₹3.70 crore
- Record date for shareholder eligibility was 19th September, 2026
Fluidomat Ltd shareholders approved a final dividend of ₹7.50 per share (75% on face value of ₹10) at the 50th AGM on September 26, 2026. The dividend applies to 49,27,000 equity shares, representing a total cash outflow of approximately ₹3.70 crore. The record date for dividend entitlement was set as September 19, 2026, and payments will be credited within the prescribed statutory timeframe. This payout represents about 37% of the company's TTM net profit of ₹10 crore.
- Final dividend of ₹7.50 (75%) per equity share approved at the 50th AGM
- Applicable to 49,27,000 equity shares of face value ₹10 each
- Total dividend payout amounts to ₹3.70 crore
- Record date for shareholder eligibility was 19th September, 2026
Fluidomat Limited concluded its 50th Annual General Meeting, highlighting FY 2025-26 performance with revenue of ₹7,661.17 lakhs (₹76.61 Cr) and PAT of ₹2,006.18 lakhs (₹20.06 Cr). The company remains debt-free with free reserves of ₹9,144.19 lakhs (₹91.44 Cr) and proposed a dividend of ₹7.50 per equity share. To drive export growth and target coal-based power projects, management outlined modernisation initiatives including foundry upgrades, additional CNC machines, and approx. 65,000 sq. ft. of new production sheds.
- Reported FY26 revenue of ₹7661.17 lakhs and Profit After Tax of ₹2006.18 lakhs
- Carried free reserves of ₹9144.19 lakhs as of March 31, 2026, while remaining debt-free
- Proposed a dividend of ₹7.50 per equity share on 49,27,000 equity shares
- Undertaking expansion with new production sheds of approx. 6,041 m² (65,000 sq. ft.) and modernised foundry
Fluidomat Ltd has issued its soft copy Annual Report for FY 2025-26 along with the notice for its 50th Annual General Meeting (AGM). The AGM is scheduled to be held on September 26, 2026, at 2:00 PM via Video Conferencing/OAVM. The intimation fulfills compliance under Regulation 36(1) of SEBI LODR Regulations, with physical intimation letters containing web-links dispatched to shareholders whose email IDs are not registered.
- Dispatched Annual Report for FY 2025-26 and 50th AGM notice to shareholders
- 50th AGM scheduled to be conducted on September 26, 2026, at 2:00 PM via Video Conferencing
- Letters with download links sent to shareholders without registered email addresses under SEBI LODR Regulation 36(1)
Fluidomat Ltd has issued the notice for its 50th Annual General Meeting scheduled for September 26, 2026. Key agenda items include dividend declaration on 49,27,000 equity shares and the re-appointment of promoter Shri Ashok Jain (aged over 75) as Chairman and Managing Director for a 3-year term starting July 1, 2027. The proposed remuneration is capped at Rs 84.00 Lakhs per annum (Rs 7.00 Lakhs/month plus perks), compared to Rs 102.77 Lakhs paid in FY26. The filing also reports FY26 turnover of Rs 72.46 Cr and Profit Before Tax of Rs 26.87 Cr.
- 50th AGM scheduled for September 26, 2026, via Video Conferencing
- Proposed re-appointment of CMD Ashok Jain for 3 years from July 1, 2027, with remuneration up to Rs 84.00 Lakhs per annum
- Past remuneration of CMD in FY25-26 was Rs 102.77 Lakhs
- Promoter group holding includes Ashok Jain and relatives holding 51.71% equity stake
- Disclosed FY26 revenue of Rs 72.46 Cr and PBT of Rs 26.87 Cr in AGM explanatory statement
Fluidomat Ltd has announced the schedule and e-voting timeline for its upcoming 50th Annual General Meeting (AGM) to be held on Saturday, September 26, 2026 via VC/OAVM. The cut-off date to determine voting entitlement for shareholders is September 19, 2026. Remote e-voting on the CDSL platform will open on September 23, 2026 at 9:00 AM and conclude on September 25, 2026 at 5:00 PM. CS Ishan Jain has been appointed as the scrutinizer to oversee the voting process.
- 50th Annual General Meeting scheduled for Saturday, September 26, 2026
- Cut-off date for e-voting eligibility set as September 19, 2026
- Remote e-voting window open from September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)
- E-voting platform and VC/OAVM facility provided through CDSL
- CS Ishan Jain appointed as the scrutinizer for the e-voting process
Fluidomat Ltd's Board has approved the re-appointment of Shri Ashok Jain as Chairman & Managing Director for a further period of 3 years effective from 1st July, 2027. Shri Ashok Jain holds a BE in Mechanical engineering with over 53 years of industry experience. The proposal is subject to shareholder approval at the ensuing Annual General Meeting scheduled for 26th September, 2026. This move ensures leadership stability for the micro-cap industrial couplings manufacturer (TTM revenue of Rs 46 Cr).
- Re-appointment of Shri Ashok Jain as CMD for a 3-year term
- Term takes effect from 1st July, 2027
- Shareholder approval to be sought at the AGM on 26th September, 2026
- Appointee brings more than 53 years of relevant product experience
Fluidomat Ltd has fixed Saturday, September 19, 2026, as the record date to determine shareholder entitlement for a final dividend of Rs 7.50 (75%) per equity share of face value Rs 10 for FY 2025-26. The dividend payout is subject to shareholder approval at the company's 50th Annual General Meeting (AGM), scheduled for September 26, 2026. Against the current share price of Rs 894.1, the dividend corresponds to an indicated yield of approximately 0.84%.
- Proposed final dividend of Rs 7.50 per equity share (75% on Rs 10 face value)
- Record date fixed as Saturday, September 19, 2026
- 50th Annual General Meeting scheduled for Saturday, September 26, 2026 at 2:00 PM via VC/OAVM
Fluidomat Ltd's Board of Directors approved the un-audited financial results for the quarter ended June 30, 2026. The Board recommended the re-appointment of Shri Ashok Jain as Chairman and Managing Director for a 3-year term starting July 1, 2027. Additionally, the company scheduled its 50th Annual General Meeting (AGM) for September 26, 2026, and approved the record date for AGM and dividend eligibility.
- Approved un-audited financial results for the quarter ended June 30, 2026
- Recommended re-appointment of Shri Ashok Jain as CMD for a 3-year term w.e.f. July 1, 2027
- Convened 50th Annual General Meeting on Saturday, September 26, 2026 at 2:00 PM via VC/OAVM
- Approved record date and cut-off date for 50th AGM and dividend purposes
Fluidomat reported a strong 33.2% YoY growth in revenue from operations to ₹11.84 Cr for Q1 FY27. However, Net Profit fell by 16.8% YoY to ₹2.23 Cr, as total expenses surged by 74.4% to ₹9.70 Cr. The margin contraction was primarily driven by a significant increase in the cost of materials consumed, which rose to ₹4.93 Cr from ₹3.19 Cr in the previous year. Consequently, EPS for the quarter dropped to ₹4.52 from ₹5.43 in Q1 FY26.
- Revenue from operations increased 33.2% YoY to ₹11.84 Cr.
- Net Profit for the quarter declined 16.8% YoY to ₹2.23 Cr.
- Total expenses jumped 74.4% YoY to ₹9.70 Cr, outpacing revenue growth.
- Cost of materials consumed rose to ₹4.93 Cr, accounting for 41.6% of revenue vs 35.9% YoY.
- Earnings Per Share (EPS) decreased to ₹4.52 from ₹5.43 in the year-ago period.
Fluidomat Ltd has scheduled a board meeting on August 14, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board will also consider the re-appointment of Shri Ashok Jain as Chairman and Managing Director for a three-year term starting July 1, 2027. Additionally, the meeting will finalize the record date for the FY 2025-26 dividend and the 50th Annual General Meeting. This is a routine but significant meeting for leadership continuity and shareholder payouts for the Rs 442 Cr market cap company.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 financial results
- Proposed re-appointment of CMD Ashok Jain for a 3-year term effective from July 1, 2027
- Approval of the Record Date for the FY 2025-26 dividend and the 50th AGM
- Meeting to be held at 1:30 P.M. at Hotel Shreemaya Residency, Indore
- TTM revenue stands at Rs 46 Cr with a high operating profit margin of 26.7%
Fluidomat Ltd has mutually terminated an agreement with Gajra Bevel Gears Limited for the purchase of a 2,000 sq. mt. semi-built-up tin shed in Dewas, M.P. The cancellation is attributed to prolonged regulatory delays from the Department of Trade and Industries, which made the project commercially unviable. The company has received a full refund of the Rs 21 lakh advance payment. Management confirmed that this will not impact operations as a separate expansion on 2 acres of company-owned land is already underway.
- Termination of agreement for a 2,000 sq. mt. semi-built-up tin shed originally signed on 09.01.2025
- Full refund of Rs 21,00,000 (Rs 21 Lakhs) advance payment received from the counterparty
- Expansion activities have already commenced on 2 acres of existing company-owned land as an alternative
- Cancellation caused by exceptional regulatory delays from the Department of Trade and Industries, Dewas
Financial Performance
Revenue Growth by Segment
The company operates in a single segment (Fluid Couplings) which achieved a revenue growth of 28% over the previous financial year.
Geographic Revenue Split
Domestic sales dominate the revenue mix, while export sales and services contributed INR 2.19 Cr (INR 219.05 Lakhs) during the 2024-25 period, a decrease from INR 2.79 Cr in the previous year.
Profitability Margins
The company reported a Profit Before Tax (PBT) margin of 39.40%, reflecting strong operational resilience and cost efficiency.
EBITDA Margin
EBITDA margin stood at 40.64% for the financial year 2024-25, driven by a disciplined approach to cost management despite broad-based cost pressures.
Capital Expenditure
The company is actively investing in modernizing its production and design capabilities; however, specific INR Cr values for planned CAPEX were not disclosed in the available documents.
Operational Drivers
Raw Materials
General engineering materials for 'Fluid Couplings' and 'Flexible Couplings' (typically steel and aluminum castings), though specific material cost percentages were not disclosed.
Capacity Expansion
The company is modernizing production and design capabilities to support growth; current and planned capacity in units/MT was not specified.
Raw Material Costs
The company noted broad-based cost pressures in raw materials, managing them through operational excellence to maintain a 40.64% EBITDA margin.
Manufacturing Efficiency
Efficiency is maintained through ISO 9001:2015 (Quality), ISO 14001:2015 (Environment), and ISO 45001:2018 (Health & Safety) certifications.
Strategic Growth
Expected Growth Rate
28%
Growth Strategy
Growth is targeted through the modernization of production/design, R&D for new coupling types, and deeper penetration into the Oil and Petroleum refinery sector. The company is also leveraging the Indian Government's focus on infrastructure growth to secure more capital goods orders.
Products & Services
Fluid Couplings and Flexible Couplings used in industrial applications.
Brand Portfolio
Fluidomat.
New Products/Services
Development of new types of couplings and ongoing R&D for market penetration; specific revenue contribution percentages for new products were not disclosed.
Market Expansion
Successful penetration into the Oil and Petroleum refinery sector and booking 7 new projects through tenders.
External Factors
Industry Trends
The capital goods industry is currently benefiting from a broad-based recovery and government infrastructure spending, with the company positioning itself through technological innovation and sector diversification.
Competitive Landscape
The company faces competition in the general engineering and fluid coupling market; competitor strategies are listed as a primary business risk.
Competitive Moat
The moat is built on specialized technological capabilities in hi-tech fluid couplings and deep customer relationships across diverse industries, which are sustainable due to high switching costs and technical requirements.
Macro Economic Sensitivity
Highly sensitive to Indian infrastructure growth and industrial CAPEX cycles in sectors like Power, Steel, and Mining.
Consumer Behavior
Industrial customers are increasingly prioritizing health, safety, and environmental standards (ISO certifications) and technological modernization.
Geopolitical Risks
Global economic developments are monitored as potential risks to export demand and raw material supply chains.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act 2013 and SEBI (LODR) Regulations; no specific industry-specific restrictive acts were noted for general engineering goods.
Environmental Compliance
The company is ISO 14001:2015 certified; it spent INR 19.95 Lakhs on CSR activities, with an unspent balance of INR 5.20 Lakhs to be transferred to the Prime Minister National Relief Fund.
Taxation Policy Impact
The company reported a PBT of 39.40%, with financial statements prepared in compliance with Indian Accounting Standards (IND-AS).
Legal Contingencies
The company settled an IBC Section 9 case against BGR Energy Systems Limited on 08.10.2024 and subsequently filed a withdrawal memo with the NCLT.
Risk Analysis
Key Uncertainties
Primary uncertainties include raw material price volatility and the impact of economic developments on industrial demand, potentially impacting margins by an unspecified percentage.
Geographic Concentration Risk
Revenue is primarily domestic, with exports representing a smaller portion (INR 2.19 Cr).
Technology Obsolescence Risk
The company manages technology risk through continuous modernization of design capabilities and R&D for new coupling types.
Credit & Counterparty Risk
The company faced credit risk with BGR Energy Systems Limited, which was resolved through a full and final settlement agreement.