MV Electrosystems Limited (MVELECTRO)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, MV Electrosystems' revenue was ₹12.8 Cr (-5.0% year on year, -14.5% on the previous quarter), and net profit ₹-6.9 Cr (a bigger loss than a year earlier); the operating margin was -42.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹12.8 | -5.0% | -14.5% |
| Operating profit | ₹-5.4 | loss widened | loss narrowed |
| Net profit | ₹-6.9 | loss widened | loss widened |
| EPS (₹) | -3.38 | loss narrowed | loss widened |
| Operating margin | -42.1% | — | — |
MVELECTRO delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 9.74% of the MVELECTRO shares traded on NSE were taken to delivery, against the stock's own 20-session average of 13.9%. That is close to its usual level. It closed at a price band (circuit) on 2 sessions in about the last 20. 96 bulk or block deals were reported in MVELECTRO in the last 60 days: ₹1,197 Cr bought and ₹1,169 Cr sold.
Delivery in the last 5 sessions: 18.7% · 20.3% · 6.2% · 7.1% · 9.7%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 16 Oct | Sell | Qe Securities Llp | ₹19.81 Cr | ₹950.79 | 208,313 | Bulk |
| 16 Oct | Buy | Qe Securities Llp | ₹19.75 Cr | ₹952.56 | 207,388 | Bulk |
| 16 Oct | Sell | Hrti Private Limited | ₹15.51 Cr | ₹950.40 | 163,219 | Bulk |
| 16 Oct | Buy | Hrti Private Limited | ₹14.79 Cr | ₹948.00 | 155,961 | Bulk |
| 15 Oct | Buy | Qe Securities Llp | ₹54.37 Cr | ₹983.39 | 552,870 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
MV Electrosystems Limited has submitted voting results and the Scrutinizer's Report for its 17th Annual General Meeting held on September 29, 2026. Shareholders approved all 5 ordinary resolutions, including the adoption of FY26 financial statements and director re-appointments, with over 99.9% votes in favor. For the resolution approving related-party transactions, 10,367,288 votes from interested promoter directors were marked invalid, yet the resolution passed with 99.999% support from remaining polled votes. Overall voter turnout on non-related items stood at 68.14% of the 27,282,728 total shares.
- All 5 ordinary resolutions passed with over 99.9% votes in favor
- Overall voter turnout was 68.14% (18,590,946 votes polled out of 27,282,728 shares)
- Related-party transaction resolution approved with 8,223,648 votes in favor after 10,367,288 interested promoter votes were invalidated
- Total shareholder count on the record date (September 22, 2026) was 29,162
MV Electrosystems held its 17th Annual General Meeting on September 29, 2026, via Video Conferencing. Remote e-voting was conducted between September 26, 2026, and September 28, 2026, alongside an e-voting facility during the meeting. The meeting commenced at 11:00 AM and concluded at 11:35 AM IST under the chairmanship of Sanjeev Mehta. Detailed voting results and the scrutinizer's report under Regulation 44 will be submitted separately within the prescribed timelines.
- 17th Annual General Meeting conducted on September 29, 2026, from 11:00 AM to 11:35 AM IST
- Remote e-voting held from September 26, 2026 (10:00 AM) to September 28, 2026 (5:00 PM IST)
- M/s Taruna Kalra & Associates appointed as Scrutinizer for remote and meeting e-voting
- Voting results under Regulation 44 to be declared separately within prescribed timelines
MV Electrosystems Limited has announced the closure of its trading window for Designated Persons and their immediate relatives starting Thursday, October 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, for the quarter and half-year ending September 30, 2026. The window will reopen 48 hours after the declaration of the un-audited financial results. The specific date of the Board Meeting to consider the results will be intimated in due course.
- Trading window closes on Thursday, October 1, 2026
- Applies to Designated Persons and their immediate relatives
- Pertains to un-audited financial results for the quarter and half-year ended September 30, 2026
- Trading window reopens 48 hours after the declaration of financial results
MV Electrosystems has submitted its Annual Report for FY 2025-26 following its listing on BSE and NSE on August 6, 2026. The company highlighted that its IPO was subscribed 188.32 times and reported an order book of ₹9,216.40 million (excluding GST) at listing. The notice includes shareholder approvals for multiple related party transactions capped at ₹14.5 crore each for FY 2026-27 across six entities.
- Order book stood at ₹9,216.40 million (excluding GST) at the time of listing on August 6, 2026
- IPO was subscribed 188.32 times prior to listing
- Seeking shareholder approval for related party transactions capped at ₹14.5 crore each for FY 2026-27 across six entities
- Completed 50,000 km trial run for 3-Phase Propulsion Equipment supplied to CLW, receiving prototype clearance
MV Electrosystems has published its Annual Report for FY 2025-26 following its stock exchange listing on August 6, 2026. The company highlighted an order book of ₹921.64 crore (₹9,216.40 million, excl. GST) at the time of listing and an IPO subscription rate of 188.32 times. The accompanying AGM notice seeks approval for related-party transactions for FY 2026-27 with limits of up to ₹14.5 crore each across six related entities. For Q1 FY27 (ended June 2026), the company posted revenue of ₹12.77 crore with a net loss of ₹6.89 crore.
- Order book stood at ₹9,216.40 million (excl. GST) at the time of exchange listing.
- IPO achieved a subscription of 188.32 times prior to listing on BSE and NSE on August 6, 2026.
- Proposed related-party transaction limits of ₹14.5 crore each for FY 2026-27 across 6 promoter/director-linked entities.
- Secured CLW prototype clearance following completion of a 50,000 km trial run for 3-Phase Propulsion Equipment.
MV Electrosystems Limited has issued the notice for its 17th Annual General Meeting (AGM) scheduled on September 29, 2026, via video conferencing. Key resolutions include adopting the FY26 audited financial statements, re-appointing directors retiring by rotation, and appointing secretarial auditors for a five-year term (FY27–FY31). Additionally, the company seeks shareholder approval for FY27 related-party transactions (RPTs) with estimated caps of ₹14.5 crore each across multiple related entities, alongside a ₹1.00 crore buffer for unforeseen RPT exigencies.
- 17th Annual General Meeting scheduled for Tuesday, September 29, 2026, at 11:00 AM IST
- Cut-off date for e-voting set as September 22, 2026; remote e-voting window open from September 26 to September 28, 2026
- Approval sought for FY27 related-party transactions with maximum limits of ₹14.5 crore each for entities including MV Mobility Ltd, Prime Electronics, and Quadrant Future Tek Ltd
- Resolution proposed for unforeseen related-party transactions up to ₹1,00,00,000 (₹1.00 crore) per transaction in FY27
- Appointment of M/s Taruna Kalra & Associates as Secretarial Auditor from FY27 to FY31
MV Electrosystems released the transcript of its maiden post-IPO Q1 FY27 earnings conference call. The management highlighted an active order book exceeding ₹1,000 crore across 4 orders for locomotive and EMU propulsion systems. With working capital secured via IPO proceeds, the company expects manufacturing acceleration from September, reaching a capacity of 40-45 loco propulsion systems per month by January 2027. Additionally, R&D for distributed power MEMU/Vande Bharat propulsion systems is targeted for completion in approximately 10 months.
- Order book stands at over ₹1,000+ crore across 4 propulsion system orders
- Production targeting 40 to 45 loco propulsion systems per month by January 2027
- MEMU/EMU distributed propulsion system R&D completion targeted in ~10 months
- Post-development railway validation involves depot testing followed by 30,000 km or 4-month field trials
MV Electrosystems Limited has informed the exchanges that the audio recording of its investor and analyst conference call for Q1 FY26-27 results is now available on its official website. The call was held virtually on Thursday, August 27, 2026, at 11:00 AM IST. This filing is a routine post-earnings regulatory compliance under SEBI Listing Regulations.
- Audio recording uploaded for the Q1 FY26-27 investor conference call.
- Call was conducted virtually on August 27, 2026, at 11:00 AM IST.
- Web link provided in compliance with Regulation 30 of SEBI LODR.
MV Electrosystems released its Q1FY27 investor presentation, reporting net revenue from operations of ₹12.8 Cr (down from ₹13.4 Cr in Q1FY26) and a net loss of ₹6.9 Cr. Profitability was pressured by high-cost legacy R&D inventory, ~₹2 Cr in quarterly R&D expenditure, and under-absorbed fixed manpower costs. The company highlighted an executable order book of 564 propulsion systems valued at ₹989.32 Cr (including 3-year AMC, ex-GST). Post-IPO raw material orders have been placed to ramp up commercial production.
- Executable order book stands at 564 propulsion systems valued at ₹989.32 Cr (including 3-year AMC, excluding GST)
- Q1FY27 net revenue stood at ₹12.8 Cr with an EBITDA loss of ₹5.4 Cr and reported PAT loss of ₹6.9 Cr
- Incurred ~₹2 Cr in R&D spend during Q1FY27, with gross margin at 8.8%
- FY26 annual revenue stood at ₹49.4 Cr with a net loss of ₹12.6 Cr
MV Electrosystems reported its Q1 FY27 (quarter ended June 30, 2026) financial results with revenue from operations declining to INR 127.71 million (₹12.77 crore) compared to INR 134.48 million in Q1 FY26. The company posted a net loss of INR 68.86 million (₹6.89 crore), widening from a loss of INR 57.33 million in the year-ago quarter. Statutory auditors included an Emphasis of Matter regarding a cash loss of INR 66.68 million incurred during the quarter. Additionally, the Board approved the appointments of M/s Taruna Kalra & Associates as Secretarial Auditors (FY27 to FY31) and M/s G B S G & Associates as Internal Auditors for FY27.
- Revenue from operations stood at INR 127.71 million for Q1 ended June 30, 2026, down from INR 134.48 million in Q1 FY26
- Net loss widened to INR 68.86 million (basic EPS of INR -3.38) versus INR 57.33 million loss in Q1 FY26
- Auditor flagged an Emphasis of Matter for cash losses of INR 66.68 million incurred during the quarter
- Appointed M/s G B S G & Associates as Internal Auditors for FY 2026-27 and M/s Taruna Kalra & Associates as Secretarial Auditors through FY 2030-31
- 17th Annual General Meeting scheduled for September 29, 2026, with cut-off date on September 22, 2026
MV Electrosystems reported a revenue from operations of ₹127.71 million for the quarter ended June 30, 2026, down 5.0% YoY from ₹134.48 million and down 14.5% QoQ from ₹149.33 million. The company posted a net loss of ₹68.86 million compared to a net loss of ₹57.33 million in Q1 FY26 and ₹29.13 million in Q4 FY26. Statutory auditors included an Emphasis of Matter highlighting a cash loss of ₹66.68 million incurred during the quarter. The Board also approved the convening of its 17th AGM on September 29, 2026.
- Revenue from operations stood at ₹127.71 million, declining from ₹134.48 million in Q1 FY26 and ₹149.33 million in Q4 FY26
- Net loss widened to ₹68.86 million for Q1 FY27 compared to ₹57.33 million in the year-ago quarter
- Auditor flagged an Emphasis of Matter regarding a quarterly cash loss of ₹66.68 million (against ₹136.83 million in previous year)
- Basic and diluted EPS dropped to ₹(3.38) per share versus ₹(3.13) in Q1 FY26 and ₹(1.40) in Q4 FY26
- 17th Annual General Meeting scheduled for September 29, 2026, with cut-off date on September 22, 2026
MV Electrosystems Limited has scheduled an investors and analysts conference call on Thursday, August 27, 2026, at 11:00 AM IST. The call will discuss the unaudited financial results for the first quarter ended June 30, 2026 (Q1FY27). Key management representatives attending include Managing Director Pankaj Rastogi, Non-Executive Director Mohit Vohra, and CFO Ajay Kumar.
- Earnings conference call scheduled for August 27, 2026, at 11:00 AM IST
- Call organized to discuss unaudited financial results for the quarter ended June 30, 2026 (Q1FY27)
- Senior management including Managing Director Pankaj Rastogi and CFO Ajay Kumar will participate
MV Electrosystems Limited has announced the closure of its trading window for all designated persons and their relatives effective August 06, 2026. This closure is in compliance with SEBI Insider Trading regulations ahead of the approval of un-audited financial results for the quarter ended June 30, 2026. The trading restriction will remain in place until 48 hours after the results are officially declared to the public. The specific date for the board meeting to consider these results has not yet been finalized.
- Trading window closure effective from August 06, 2026
- Pertains to the un-audited financial results for the quarter ended June 30, 2026
- Restriction ends 48 hours after the public announcement of results
- Board meeting date for results approval to be intimated in due course
MV Electrosystems Limited has submitted its formal Code of Conduct for Prevention of Insider Trading and Code of Practices for Fair Disclosure of Price Sensitive Information (UPSI) as required by SEBI Regulations. The filing defines 'Connected Persons' as those associated with the company within the last 6 months and sets a 10% threshold for defining 'Material Subsidiaries'. It mandates that the Compliance Officer report to the Board and Audit Committee at quarterly intervals. The code also establishes a structured digital database to track the sharing of UPSI for legitimate business purposes.
- Compliance Officer mandated to report to the Audit Committee and Board at Quarterly Intervals
- Material Subsidiary defined as one exceeding 10% of consolidated income or net worth as of April 01, 2019
- Connected Person status applies to individuals associated with the company 6 months prior to a concerned act
- Material financial relationship defined by payments equivalent to at least 25% of a payer's annual income
- UPSI must be disseminated to stock exchanges at least 2 trading days prior to certain non-open offer transactions
MV Electrosystems Limited has officially designated two Key Managerial Personnel (KMP) to determine the materiality of events for stock exchange disclosures. This move complies with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The authorized officials are Mr. Ajay Kumar, Chief Financial Officer, and Mr. Sourabh Bansal, Company Secretary & Compliance Officer. This is a standard administrative filing required for listed entities to maintain transparent communication channels with the exchanges.
- Compliance with Regulation 30(5) of SEBI LODR Regulations 2015
- 2 Key Managerial Personnel authorized for materiality determination
- Authorized officials include the Chief Financial Officer and Company Secretary
- Intimation dated August 06, 2026, sent to both NSE and BSE
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