AFFORDABLE - Affordable Robo.
📢 Recent Corporate Announcements
Affordable Robotic & Automation Limited (ARAPL) has issued a postal ballot notice seeking shareholder approval to dilute its stake in its material subsidiary, ARAPL Raas Private Limited, to 50% or less. This dilution will occur through the issuance of securities to a new investor, Sai Green Projects Private Limited. Furthermore, the company is seeking approval for material related party transactions with the subsidiary up to ₹100 crore and borrowings from promoters up to ₹50 crore for FY 2026-27. The e-voting process concludes on May 29, 2026, with results expected by June 02, 2026.
- Proposed reduction of shareholding in material subsidiary ARAPL Raas Private Limited to less than or equal to 50%
- New investor Sai Green Projects Private Limited to be inducted into the subsidiary via fresh issuance of securities
- Approval sought for related party transactions with ARAPL Raas up to ₹100 crore for the financial year 2026-27
- Approval sought for borrowings/loans from promoter group companies up to ₹50 crore for FY 2026-27
- E-voting period scheduled from April 30, 2026, to May 29, 2026
Affordable Robotic & Automation Limited (ARAPL) has announced that its material subsidiary, ARAPL Raas Private Limited, will raise up to ₹48 Crore from Sai Green Projects Private Limited. This fundraise will result in ARAPL's stake diluting from 74.56% to 42.50% on a fully diluted basis, reclassifying the subsidiary as an associate company. To support operations, the board also approved receiving up to ₹50 Crore in interest-free loans from promoters and providing up to ₹100 Crore in working capital support to ARAPL Raas for FY 2026-27. These steps indicate a major capital restructuring to fuel the growth of the robotics division.
- Subsidiary ARAPL Raas to raise up to ₹48 Crore from Sai Green Projects Private Limited in multiple tranches.
- Parent company's shareholding in ARAPL Raas to drop from 83.54% (74.56% diluted) to 42.50% (diluted).
- Approval for interest-free loans from Promoter/Promoter Group up to ₹50 Crore for FY 2026-27.
- Approved related party transactions with ARAPL Raas up to ₹100 Crore for working capital and contracts.
- ARAPL Raas currently contributes 27.40% to the consolidated net worth of the company.
Affordable Robotic & Automation Limited has completed a preferential allotment of 6,04,839 equity shares to ATRI Energy Transition Private Limited, a non-promoter entity. The allotment was priced at Rs. 248 per share, resulting in a total capital infusion of approximately Rs. 15 crore. This move increases the company's total paid-up equity share capital to Rs. 11.85 crore, comprising 1,18,51,105 shares. The capital raise indicates external investor confidence and provides liquidity for the company's operations or expansion.
- Allotment of 6,04,839 equity shares at an issue price of Rs. 248 per share
- Total fundraise amount of Rs. 15,00,00,072 from ATRI Energy Transition Private Limited
- Post-allotment paid-up capital increased to Rs. 11,85,11,050
- The allottee is a non-promoter entity, indicating external institutional interest
Affordable Robotic & Automation Limited (ARAPL) has announced that its subsidiary, ARAPL RaaS Private Limited, has signed a term sheet for a fundraise of up to ₹48 crore. The investment will be provided by Sai Green Projects Private Limited through the subscription of equity shares in multiple tranches. This capital infusion is aimed at strengthening the subsidiary's capital base and supporting its future growth initiatives. The transaction is currently subject to satisfactory due diligence and the execution of definitive agreements.
- Subsidiary ARAPL RaaS Private Limited to raise up to ₹48 crore in capital
- Investment to be made by Sai Green Projects Private Limited via equity subscription
- Funding will be released in multiple tranches subject to due diligence
- Capital intended to strengthen the balance sheet and support expansion plans
Affordable Robotic & Automation Limited (ARAPL) has responded to clarification requests from BSE and NSE regarding recent significant movements in its share price. The company stated that it is in full compliance with SEBI regulations and has disclosed all price-sensitive information. A key recent development mentioned is the in-principle approval received on March 30, 2026, for a preferential issue of 6,04,839 equity shares. This issue is priced at Rs. 248 per share, aiming to raise approximately Rs. 15 crore from non-promoters.
- Responded to exchange queries regarding significant share price movement on April 10, 2026
- Confirmed in-principle approval for a preferential issue of up to 6,04,839 equity shares
- Preferential issue price fixed at Rs. 248 per share, including a premium of Rs. 238
- Total fundraise amount through the preferential issue is approximately Rs. 15,00,00,072
- Management maintains that price movements are purely market-driven with no undisclosed material events
Affordable Robotic & Automation Limited (ARAPL) has secured in-principle approval from both BSE and NSE for its proposed preferential issue of equity shares. The company intends to issue up to 6,04,839 shares at a price of Rs. 248 per share, which includes a premium of Rs. 238. This move will result in a capital infusion of approximately Rs. 15 crore. The approval follows the initial board decision made on February 18, 2026, moving the fundraising process toward completion.
- Received in-principle approval from BSE and NSE for preferential share issuance on March 30, 2026.
- Proposed issuance of up to 6,04,839 equity shares at an issue price of Rs. 248 each.
- Total aggregate amount to be raised is approximately Rs. 15,00,00,072.
- The issue price includes a face value of Rs. 10 and a premium of Rs. 238 per share.
Affordable Robotic & Automation Limited has announced the closure of its trading window effective April 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is a standard procedure ahead of the declaration of the company's audited financial results for the fiscal year ending March 31, 2026. The restriction applies to all designated persons, including directors and key managerial personnel, and their immediate relatives. The trading window will remain closed until 48 hours after the financial results are officially declared to the exchanges.
- Trading window closure starts from Wednesday, April 1, 2026
- Closure is related to the Audited Financial Results for the year ending March 31, 2026
- Restriction applies to all Designated Persons and their immediate relatives
- Window will reopen 48 hours after the announcement of the financial results
- The date for the Board Meeting to approve results will be announced in due course
Affordable Robotic & Automation Limited (ARAPL) has revised its Valuation Report for a proposed preferential issue of up to 6,04,839 equity shares to a non-promoter entity. This revision was prompted by observations from Stock Exchanges during the in-principle approval process. The company confirmed that despite the revisions to the report, the fair value of the equity shares remains unchanged. Additionally, ARAPL committed to utilizing the raised funds within 30 days of receipt from the allottees.
- Proposed preferential issue of up to 6,04,839 equity shares to a non-promoter category entity.
- Valuation Report revised following Stock Exchange observations with no change in share fair value.
- Company committed to utilizing the raised funds within 30 days of receipt.
- The update is a procedural step toward completing the previously announced fundraise.
Shareholders of Affordable Robotic & Automation Limited (ARAPL) have approved the issuance of up to 6,04,839 equity shares to a non-promoter entity on a preferential basis. The company also received approval to increase its authorized share capital and alter its Memorandum of Association to accommodate future growth. Additionally, material related party transactions for the financial year 2025-26 were sanctioned by the members. All resolutions were passed with an overwhelming majority, indicating strong shareholder support for the management's expansion and funding plans.
- Approved issuance of up to 6,04,839 equity shares to a non-promoter entity on a preferential basis.
- Resolution to increase Authorized Share Capital passed with 4,867,361 votes in favor and only 3 against.
- Material Related Party Transactions for FY 2025-26 approved by minority shareholders with 6,627 votes in favor.
- All resolutions deemed approved as of March 22, 2026, following the conclusion of the remote e-voting process.
Affordable Robotic & Automation Limited (ARAPL) reported a sharp decline in its Q3 FY26 performance, with standalone revenue falling 53.7% YoY to ₹1,606.99 Lakhs. Standalone Net Profit plummeted by 91.9% YoY to ₹36.07 Lakhs, compared to ₹446.78 Lakhs in the same quarter last year. On a sequential basis, PAT also saw a massive drop from ₹418.55 Lakhs in the September 2025 quarter. However, for the nine-month period ending December 2025, the company turned profitable with a PAT of ₹94.15 Lakhs, recovering from a loss of ₹344.43 Lakhs in the previous year.
- Standalone Revenue from Operations decreased by 53.7% YoY to ₹1,606.99 Lakhs in Q3 FY26.
- Standalone Net Profit (PAT) witnessed a sharp decline of 91.9% YoY, falling to ₹36.07 Lakhs from ₹446.78 Lakhs.
- Quarter-on-Quarter (QoQ) PAT dropped significantly from ₹418.55 Lakhs in Sep 2025 to ₹36.07 Lakhs in Dec 2025.
- For the 9-month period (9M FY26), the company reported a PAT of ₹94.15 Lakhs compared to a loss of ₹344.43 Lakhs in 9M FY25.
- Basic EPS for the quarter fell to ₹0.32 from ₹3.97 in the year-ago period.
Affordable Robotic & Automation Limited (ARAPL) has issued a postal ballot notice to seek shareholder approval for a ₹15 crore fundraise. The company proposes to issue 6,04,839 equity shares at ₹248 per share to Atri Energy Transition Private Limited on a preferential basis. To facilitate this, the company is also seeking to increase its authorized share capital from ₹12 crore to ₹20 crore. The voting period for these resolutions runs from February 21 to March 22, 2026.
- Preferential allotment of up to 6,04,839 equity shares to Atri Energy Transition Private Limited
- Issue price set at ₹248 per share, including a premium of ₹238 per share
- Total fundraise amount capped at approximately ₹15,00,00,072
- Increase in authorized share capital from ₹12 crore to ₹20 crore
- Approval sought for material related party transactions as part of the postal ballot
Affordable Robotic & Automation Limited (ARAPL) has approved a preferential issue of 6,04,839 equity shares to Atri Energy Transition Private Limited, a non-promoter entity. The company aims to raise approximately ₹15 crore at an issue price of ₹248 per share, which includes a premium of ₹238. To facilitate this issuance, the board has also proposed increasing the authorized share capital from ₹12 crore to ₹20 crore. Post-allotment, the new investor will hold a 5.10% stake in the company, providing a strategic capital infusion for growth.
- Preferential allotment of 6,04,839 equity shares to raise approximately ₹15.00 crore
- Issue price fixed at ₹248 per share, including a share premium of ₹238
- Authorized share capital increased from ₹12 crore to ₹20 crore to accommodate the issue
- Atri Energy Transition Private Limited to hold a 5.10% stake post-issue
- Shareholder approval to be sought via an Extra-Ordinary General Meeting
Affordable Robotic & Automation Limited has signed a Memorandum of Understanding with ATRI Energy Transition Private Limited for a strategic fundraise of INR 15 Crore. The capital will be raised through a preferential issue of securities at an approximate price of Rs. 248 per share. This move is intended to strengthen the company's capital base and accelerate its growth trajectory. The proposal is subject to board and shareholder approvals, as well as successful due diligence.
- Proposed fundraise of INR 15 Crore from ATRI Energy Transition Private Limited
- Securities to be issued at an approximate price of Rs. 248 per share
- Capital infusion aimed at strengthening the balance sheet and accelerating growth
- Board meeting scheduled for February 18, 2026, to approve the preferential issue
- Previous MoU with Sai Green deferred for consideration at a later date
Affordable Robotic & Automation Limited (ARAPL) achieved a significant financial turnaround in 9M FY26, reporting a consolidated PAT of ₹2.19 crore compared to a loss of ₹13.95 crore in the previous year. While total income saw a slight decline to ₹68.38 crore, EBITDA margins expanded to 10.72% from a negative 12.57% due to aggressive cost-cutting measures. The company's order book remains healthy at ₹130.12 crore, supported by ₹131.87 crore in new bookings during the nine-month period. Furthermore, its subsidiary ARAPL RaaS has successfully commenced revenue generation in the US market with its autonomous forklift solutions.
- Consolidated PAT turned positive at ₹218.68 lakhs in 9M FY26 from a loss of ₹1394.54 lakhs in 9M FY25.
- EBITDA margins expanded significantly to 10.72% from -12.57% year-on-year.
- Material costs were reduced by over ₹15.30 crore (~30%) and employee costs by ₹4.82 crore (~31%).
- Total order book stands at ₹130.12 crore as of December 31, 2025, with ₹131.87 crore in new bookings.
- Subsidiary ARAPL RaaS secured a ₹4.13 crore lease order for mobile robots and started US revenue generation.
Affordable Robotic & Automation Limited (ARAPL) has signed a Memorandum of Understanding with Sai Green Mobility Private Limited for a strategic fundraise. The company intends to raise INR 15 Crore through a proposed preferential issue of securities. The transaction is priced at approximately Rs. 248 per share, aimed at strengthening the capital base for growth. The investment remains subject to due diligence, board approvals, and shareholder consent.
- Proposed capital infusion of INR 15 Crore from Sai Green Mobility Private Limited
- Securities to be issued at a price of approximately Rs. 248 per share
- Funds intended to strengthen the company's capital base and accelerate growth plans
- Investment is subject to satisfactory due diligence and regulatory approvals
- Preferential issue requires final board and shareholder authorization
Financial Performance
Revenue Growth by Segment
Standalone revenue grew 7.00% YoY to reach INR 160.69 Cr in FY25, up from INR 150.18 Cr. In H1 FY26, standalone income reached INR 44.58 Cr compared to INR 41.46 Cr in H1 FY25. The company operates in three segments: Welding Automation, Car Parking, and Warehouse Automation (Humro), with the latter providing additional RaaS revenue of INR 2-3 Cr in H1 FY26.
Geographic Revenue Split
The first two verticals (Welding Automation and Car Parking) are 100% domestic (India), while the third vertical (Warehouse Automation) is 100% export-oriented, primarily targeting the US market with future plans for Europe and Brazil.
Profitability Margins
Gross margins vary significantly by segment: Automation at ~35%, Car Parking at 20-25%, and the Warehouse vertical at 40-50%. Standalone Net Profit Margin was 3.73% in FY25, a slight decrease from 4.04% in FY24 due to a 3.45% increase in production costs. However, Q2 FY26 saw a major turnaround with a PAT margin of 16%.
EBITDA Margin
Standalone EBITDA margin for FY25 was 8.96% (INR 14.39 Cr). The company achieved a significant profit turnaround in Q2 FY26, with EBITDA margins reaching 23% (INR 5.96 Cr) compared to a negative margin in Q2 FY25, driven by cost optimization and design re-engineering.
Capital Expenditure
The company is executing an INR 80 Cr investment in its subsidiary. This includes INR 8-9 Cr for product sharpening/development, INR 24-25 Cr for inventory, and the remainder for customer acquisition and marketing in the US and India.
Credit Rating & Borrowing
The Debt-Equity ratio stood at 0.50 in FY25, a 14% increase from 0.44 in FY24. This increase supports the company's growth and working capital requirements as it scales its international operations.
Operational Drivers
Raw Materials
Raw materials and direct costs represent 68.95% of total revenue as of FY25. Specific materials include steel, electronic components for automation, and welding equipment, though individual % splits per material are not disclosed.
Import Sources
Not specifically disclosed, though the company is actively re-engineering products to use different materials to reduce primary cost factors.
Capacity Expansion
The company has an order book of INR 140 Cr as of September 2025 to be delivered by the end of FY26. Expansion is focused on the US market through the Humro subsidiary to reach a billion-dollar valuation target within 4-5 years.
Raw Material Costs
Raw material and direct costs increased by 3.45% to 68.95% of revenue in FY25. To mitigate this, the management is focusing on design optimization and cost negotiations to improve gross margins.
Manufacturing Efficiency
The company is focusing on 'design optimization' and 'material re-engineering' to reduce the primary cost factors of its automation products, which led to the EBITDA turnaround in H1 FY26.
Strategic Growth
Expected Growth Rate
20%
Growth Strategy
The company aims for a billion-dollar valuation in 4-5 years by focusing on the high-margin (40-50%) warehouse automation export market, investing INR 80 Cr in US customer acquisition, and maintaining a robust domestic order book of INR 140 Cr.
Products & Services
Welding automation systems, automated car parking solutions, and warehouse automation robots (Humro) including Robotics-as-a-Service (RaaS).
Brand Portfolio
ARAPL, Humro.
New Products/Services
Expansion of the 'Humro' product line in the US and introduction of Robotics-as-a-Service (RaaS), which contributed INR 2-3 Cr in H1 FY26.
Market Expansion
Targeting the US market for warehouse automation, with subsequent plans to explore Europe and Brazil once US revenue reaches a critical threshold.
External Factors
Industry Trends
The industry is shifting toward high-efficiency warehouse robotics and automated urban parking. ARAPL is positioning itself as a high-margin product company rather than just a service provider to capture this shift.
Competitive Landscape
Competes in the specialized automation space; key advantage is the ability to offer both domestic welding/parking solutions and high-tech export robots.
Competitive Moat
Moat is built on deep integration with automotive OEMs (Tata, Mahindra) and high-margin proprietary technology in the Humro vertical. Sustainability is driven by the shift from 20% customization to standardized high-margin products.
Macro Economic Sensitivity
The business is highly sensitive to the real estate cycle (for car parking) and industrial CAPEX cycles (for welding automation).
Consumer Behavior
Increasing demand for automated parking in Indian 'Smart Cities' and real estate projects (Lodha, Rustamji) is driving the domestic order book.
Geopolitical Risks
Expansion into the US and potentially Europe/Brazil makes the company sensitive to international trade relations and local regulatory standards for robotics.
Regulatory & Governance
Industry Regulations
Operations comply with Indian accounting principles and general corporate governance; the US subsidiary must adhere to US OPEX and marketing regulations.
Environmental Compliance
The company has established a Risk Management and Sustainability Committee to oversee ESG and operational risks.
Taxation Policy Impact
Tax expense for FY25 was INR 2.23 Cr, including deferred tax charges.
Legal Contingencies
The company maintains internal control systems to prevent fraud and errors; no specific pending litigation values were disclosed in the provided documents.
Risk Analysis
Key Uncertainties
The primary uncertainty is the successful scaling of the US subsidiary, where INR 80 Cr is being deployed. Failure to acquire customers at the expected rate could impact consolidated profitability.
Geographic Concentration Risk
Domestic revenue is concentrated in India, while the growth vertical is heavily concentrated on the US market.
Third Party Dependencies
Dependency on repeat automotive and real estate clients like Tata, Mahindra, and Lodha for the majority of the current standalone order book.
Technology Obsolescence Risk
The company mitigates technology risk through continuous 'product sharpening' and an INR 8-9 Cr R&D-focused investment in the warehouse vertical.
Credit & Counterparty Risk
High credit risk indicated by 193 days of sales tied up in trade receivables (INR 85.13 Cr), which could lead to cash flow constraints.