AFFORDABLE - Affordable Robo.
📢 Recent Corporate Announcements
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
Affordable Robotic & Automation Limited has announced an extension of its trading window closure for designated persons until 48 hours after the board meeting scheduled for February 18, 2026. The extension is necessitated by the upcoming board meeting where the company will consider a proposal for fundraising. The trading window was already closed since January 1, 2026, for the quarter ended December 31, 2025. This is a standard regulatory compliance measure under SEBI (Prohibition of Insider Trading) Regulations, 2015.
- Trading window closure extended until 48 hours after the February 18, 2026, board meeting.
- The board meeting is scheduled to discuss and consider a potential fundraising proposal.
- The window was previously closed effective January 1, 2026, for Q3 financial results.
- The notice applies to all designated persons and their immediate relatives as per SEBI regulations.
Affordable Robotic & Automation Limited (ARAPL) has achieved a significant financial turnaround in the nine months ending December 2025, posting a consolidated PAT of ₹2.19 crore compared to a loss of ₹13.95 crore in the previous year. Although consolidated revenue dipped to ₹66.74 crore from ₹78.14 crore, the company successfully expanded its EBITDA margin to 10.7% through aggressive cost-cutting measures. The standalone order book remains robust at ₹189+ crore, offering strong revenue visibility for the future. Additionally, its US-based subsidiary has started generating revenue from Fortune 500 clients in the autonomous mobility sector.
- Consolidated PAT turned positive at ₹2.19 Cr for 9M FY26, recovering from a loss of ₹13.95 Cr in 9M FY25.
- Consolidated EBITDA margin expanded to 10.7% from -12.6% YoY, driven by a 28% reduction in total expenses.
- Standalone order book stands at ₹189+ Cr, with approximately ₹130 Cr yet to be executed.
- Material costs and employee benefits expenses were reduced by 30% and 31% respectively on a standalone basis.
- Subsidiary ARAPL RaaS secured a new ₹4.13 Cr order for six mobile robots under a two-year lease agreement.
Affordable Robotic & Automation Limited (ARAPL) has approved its unaudited financial results for the quarter and nine months ended December 31, 2025. The consolidated results incorporate performance from key subsidiaries including ARAPL RaaS Private Limited and Masterji.AI Private Limited. The statutory auditors, M/s. Vijay Moondra & Co., issued a clean limited review report, indicating no material misstatements in the reported figures. While the company has formed ARAPL North America LLC, it reported no investments or transactions for that entity during this period.
- Board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
- Consolidated results include ARAPL RaaS Private Limited, ARAPL RaaS International LLC, and Masterji.AI Private Limited.
- Statutory auditors M/s. Vijay Moondra & Co. provided a clean Limited Review Report with no qualifications.
- Management confirmed that no investment has been made in the newly formed ARAPL North America LLC as of the reporting date.
Affordable Robotic & Automation Limited (ARAPL) held a board meeting on February 11, 2026, to approve the unaudited financial results for the quarter and nine months ended December 31, 2025. The consolidated results include performance from subsidiaries ARAPL RaaS Private Limited, ARAPL RaaS International LLC, and Masterji.AI Private Limited. The statutory auditors, M/s. Vijay Moondra & Co., issued a limited review report with no material misstatements or qualifications. Notably, the company has formed ARAPL North America LLC, though no investment or transactions have occurred in that entity to date.
- Board approved unaudited standalone and consolidated financial results for the period ended December 31, 2025.
- Consolidated results encompass ARAPL RaaS Private Limited, ARAPL RaaS International LLC, and Masterji.AI Private Limited.
- Statutory auditors provided a clean limited review report for both standalone and consolidated statements.
- Management confirmed that no capital investment has been made yet in the newly formed ARAPL North America LLC.
- The board meeting was conducted between 4:00 PM and 5:30 PM IST at the company's registered office.
Affordable Robotic & Automation Limited (ARAPL) has scheduled an investor and analyst conference call for Friday, February 13, 2026, at 4:00 p.m. IST. The call will focus on the company's financial performance for the quarter and nine-month period ended December 31, 2025. Managing Director Milind Padole and Director Rahul Padole will lead the discussion, covering product categories and future growth strategies. The session includes a management presentation followed by an interactive Q&A for participants.
- Conference call scheduled for February 13, 2026, from 04:00 p.m. to 05:00 p.m. IST.
- Discussion to cover financial results for the quarter and nine months ended December 31, 2025.
- Management will provide updates on future plans and various product categories.
- Interactive Q&A session to follow management commentary with MD Milind Padole.
- Investors can submit questions in advance to info@arapl.co.in.
Affordable Robotic & Automation Limited (ARAPL) has announced a refresh of its official website's layout and visual presentation. The company clarified that the update is strictly limited to the user interface and design elements. There are no changes to the statutory disclosures, financial information, or compliance-related content required under the Companies Act or SEBI regulations. This notification was made to ensure transparency for all stakeholders regarding the company's digital presence.
- Updated the layout and visual presentation of the official website www.arapl.co.in
- Confirmed no changes to statutory disclosures or financial information
- Update is limited to design, layout, and user interface improvements
- Intimation provided under Regulation 30 of SEBI (LODR) Regulations, 2015
Affordable Robotic & Automation Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by MUFG Intime India Private Limited, confirms the processing of dematerialization requests for the quarter ended December 31, 2025. It verifies that security certificates were mutilated and cancelled after due verification and that the depositories' names were updated in the register of members. This is a standard procedural filing ensuring regulatory adherence regarding share registry management.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Issued by Registrar and Share Transfer Agent (RTA) MUFG Intime India Private Limited
- Confirms that dematerialization requests were processed within prescribed SEBI timelines
- Verification and cancellation of physical certificates completed as per regulatory requirements
Affordable Robotic & Automation Limited has announced the closure of its trading window effective January 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the declaration of the company's un-audited financial results for the quarter ending December 31, 2025. The restriction applies to all designated persons, including directors and key managerial personnel, and their immediate relatives. The window will remain closed until 48 hours after the financial results are officially announced to the exchanges.
- Trading window closure begins on January 1, 2026, for the Q3 FY26 reporting period.
- The restriction covers all Designated Persons, Employees, and Key Managerial Personnel.
- Window will reopen 48 hours after the declaration of financial results for the quarter ended December 31, 2025.
- The specific date for the Board Meeting to approve results will be communicated at a later date.
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.