Mehul Telecom Ltd (544751)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Mehul Telecom's revenue was ₹106 Cr (+63.1% year on year), and net profit ₹5.0 Cr (+66.7% year on year); the operating margin was 6.6%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹106 | +63.1% | — |
| Operating profit | ₹7.0 | +75.0% | — |
| Net profit | ₹5.0 | +66.7% | — |
| EPS (₹) | 6.81 | +83.6% | — |
| Operating margin | 6.6% | — | — |
📢 Recent Corporate Announcements
Mehul Telecom Limited has announced the opening of 2 new franchise retail stores in Gir Somnath, Gujarat, on October 16, 2026. One store was opened under the name 'Mobile Daddy' in Pranchi, while the second was opened under 'Mehul Telecom' in Kodinar. The expansion supports the company's retail distribution footprint, adding to its business which generated Rs 200.0 Cr in FY26 revenue.
- Opened 2 new franchise retail stores on 16.10.2026
- Store 1 located at Ground Floor, Shop No 3, Veraval Kodinar Highway, Pranchi under the name 'Mobile Daddy'
- Store 2 located at Ground Floor, Shop No 6, Beside ST Bus Stand, Kodinar under the name 'Mehul Telecom'
- Both new locations are situated in the Gir Somnath district of Gujarat
Mehul Telecom Limited has submitted a clarification to BSE regarding recent significant movements in its share price pursuant to exchange query L/SURV/ONL/PV/SJ/2026-2027/4352 dated 14th October 2026. The company stated that it has adhered to all Regulation 30 disclosure requirements and has no undisclosed price-sensitive information or material announcements pending. Management attributed the recent price fluctuation purely to market forces and overall market conditions. The company previously reported FY26 revenue of Rs 200.0 Cr and net profit of Rs 10.0 Cr.
- Clarification submitted in response to BSE email reference L/SURV/ONL/PV/SJ/ 2026-2027 / 4352
- Company confirmed no undisclosed price-sensitive information exists under Regulation 30
- Movement in equity share price attributed purely to market forces and prevailing conditions
- Document dated 14th October, 2026 signed by Managing Director Mehul Vasantbhai Raymagia
Mehul Telecom Ltd has expanded its retail footprint by opening a new store under the brand name 'Mehul Telecom' in Mundra, Kachchh, Gujarat on August 23, 2026. The company noted that the disclosure to the exchange was delayed by 1 day due to the unavailability of the Managing Director. Against Mehul Telecom's FY26 revenue base of Rs 200.0 Cr, this single store opening represents incremental network expansion.
- 1 new retail store opened at Baroi Road, Mundra, Kachchh, Gujarat
- Store commenced operations on August 23, 2026
- Disclosure submitted with a 1-day delay due to Managing Director unavailability
- Company stated internal reporting mechanisms have been strengthened to prevent future delays
Mehul Telecom Limited has announced the opening of a new retail store in Mundra, Kachchh (Gujarat) under the brand name 'Mehul Telecom'. The store became operational on August 23, 2026. This addition expands the company's regional physical footprint in Gujarat following a strong FY26 where it reported ₹200.0 Cr in revenue and ₹10.0 Cr in net profit. Specific store size and capex figures were not disclosed in the filing.
- Opened 1 new retail store in Mundra, Kachchh, Gujarat
- Store opening date recorded as August 23, 2026
- Location: Shop No 4, Rajhans Tower, Vrushabhnagar, Baroi Road, Mundra
- Adds to the retail base supporting FY26 revenue of ₹200.0 Cr
Mehul Telecom has operationalized a new retail outlet in Gandhinagar, Gujarat, as of July 20, 2026. This expansion follows a previous regulatory intimation from May 2026, signaling a steady rollout of its physical footprint. Given the company's significant revenue growth (Mar 2026 quarter revenue of ₹106 Cr vs ₹65 Cr YoY) and a high ROCE of 57%, new store additions are critical for maintaining momentum. The store is located in a commercial hub, which should support footfall and local brand visibility.
- New retail store opened on July 20, 2026, in Gandhinagar, Gujarat
- Location situated at Shop No 88, Pramukh Mastana, Reliance Cross Road
- Follows a prior expansion announcement dated May 21, 2026
- Company maintains a high ROCE of 57.0% with a low Debt of ₹3 Cr
- Mar 2026 quarterly revenue reached ₹106.0 Cr, showing strong growth momentum
Mehul Telecom Ltd has informed the exchange that the SEBI requirement for an Escrow Payment Mechanism is not applicable to the company. This clarification pertains to the SEBI (Issue and Listing of Municipal Debt Securities) Regulations and a specific circular dated November 13, 2019. The company confirmed it has not issued any instruments or entered into arrangements that would trigger these specific reporting requirements. This is a routine procedural filing to ensure regulatory compliance.
- Clarification issued on July 16, 2026, regarding SEBI circular SEBI/HO/DDHS/CIR/P/134/2019
- Company confirms it has 0 instruments issued under Municipal Debt Securities regulations
- Formal statement that no disclosure or submission is required regarding escrow mechanisms
- Filing signed by Managing Director Mehul Vasantbhai Raymagia
Mehul Telecom Ltd has issued a clarification to the exchange regarding the non-applicability of the Escrow Payment Mechanism under SEBI (Issue and Listing of Municipal Debt Securities) Regulations. The company stated that it has not issued any instruments or entered into arrangements that would trigger this requirement under the SEBI circular dated November 13, 2019. This is a routine administrative filing intended to maintain compliance with continuous disclosure requirements. There is no impact on the company's financial health or business operations.
- Reference to SEBI circular number 2015SEBI/HO/DDHS/CIR/P/134/2019 dated November 13, 2019
- Official clarification submitted to BSE on July 16, 2026
- Company confirms zero instruments issued requiring an Escrow Payment Mechanism
- Filing made under Para 4 of Continuous disclosures for listed entities
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