Storage Technologies and Automation Ltd (544171)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Storage Technologies' revenue was ₹37.8 Cr (-25.9% year on year, -20.0% on the previous half-year), and net profit ₹-1.8 Cr (against a profit a year earlier); the operating margin was -3.8%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹37.8 | -25.9% | -20.0% |
| Operating profit | ₹-1.4 | to loss | to loss |
| Net profit | ₹-1.8 | to loss | loss widened |
| EPS (₹) | -1.39 | to loss | loss widened |
| Operating margin | -3.8% | — | — |
📢 Recent Corporate Announcements
Storage Technologies and Automation has announced board appointments and reappointments approved at its 16th AGM on September 26, 2026. Managing Director Mohammad Arif Abdul Gaffar Dor and Chairman Hanif Abdul Gaffar Khatri have both been reappointed for a 2-year term from November 2, 2026, to November 1, 2028. Additionally, four Whole Time Directors were reappointed for 2-year tenures, and three Independent Directors were appointed for 3-year terms. The leadership continuity comes as the company navigates weak earnings, posting an annual net loss of Rs 3.28 Cr on revenue of Rs 84.97 Cr in FY26.
- Reappointment of Managing Director Mohammad Arif Abdul Gaffar Dor for 2 years (Nov 2, 2026 to Nov 1, 2028)
- Reappointment of Executive Director and Chairman Hanif Abdul Gaffar Khatri for 2 years (Nov 2, 2026 to Nov 1, 2028)
- Induction of 3 Independent Directors (Ms. Bhagya M.G., Ms. A. Harsha, Mr. Mizar Udaya Bhandary) for 3-year terms ending September 25, 2029
- Reappointment of 4 Whole Time Directors for 2-year tenures starting November 2, 2026
Storage Technologies and Automation Limited submitted the voting results and scrutinizer's report for its 16th AGM held on September 26, 2026. All 12 proposed resolutions were approved by shareholders with the requisite majority, with overall voter approval exceeding 99.9% on polled votes. Resolutions included adoption of FY26 financial statements, the appointment of Ms. Bhagya M.G. as Independent Director, and the re-appointment of executive directors Syed Azeem and Hanif Abdul Gaffar Khatri. Total voter participation stood at 70.67% of outstanding shares for standard resolutions.
- All 12 resolutions passed at the 16th AGM held on September 26, 2026
- Overall approval stood at 99.99% of polled votes for adoption of FY26 financial statements (90,72,800 votes in favour vs 800 against)
- Re-appointment of Mr. Syed Azeem as Whole-time Director and Mr. Hanif Abdul Gaffar Khatri as Executive Director and Chairman approved
- Total shareholder count on the record date (September 19, 2026) was 1,156
Storage Technologies and Automation Limited informed the exchange regarding the elevation of its Company Secretary and Compliance Officer, Ms. Cauveramma B B, from Associate Member (ACS) to Fellow Member (FCS) of the Institute of Company Secretaries of India (ICSI). The change is effective from August 25, 2026, updating her ICSI membership number to FCS 14273 from ACS 46064. This is a purely administrative regulatory intimation under Regulation 30 of SEBI LODR with zero financial or operational impact.
- Company Secretary & Compliance Officer Ms. Cauveramma B B elevated to Fellow Member of ICSI
- New ICSI membership number updated to FCS 14273 from previous membership ACS 46064
- Status elevation effective from August 25, 2026
Financial Performance
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