Valecha Engineering Limited (VALECHAENG)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Valecha Engineering's revenue was ₹2.8 Cr (-64.9% year on year, -74.5% on the previous quarter), and net profit ₹-50.4 Cr (a bigger loss than a year earlier); the operating margin was -9.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2.8 | -64.9% | -74.5% |
| Operating profit | ₹-0.3 | loss narrowed | loss narrowed |
| Net profit | ₹-50.4 | loss widened | loss narrowed |
| EPS (₹) | -22.36 | loss widened | loss narrowed |
| Operating margin | -9.3% | — | — |
📢 Recent Corporate Announcements
Valecha Engineering Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate issued by Registrar and Share Transfer Agent Bigshare Services Private Limited confirms that securities received for dematerialization were processed, mutilated, cancelled, and substituted in the register within 15 days. This is a standard quarterly administrative filing confirming statutory share registry compliance.
- Compliance certificate pertains to the quarter ended September 30, 2026
- Issued by Registrar and Share Transfer Agent Bigshare Services Private Limited on October 12, 2026
- Confirms security certificates were verified and substituted in the register of members within 15 days of receipt
- Formal submission to BSE and NSE dated October 14, 2026
Valecha Engineering Limited has disclosed the scrutinizer report for its 49th Annual General Meeting held on September 30, 2026. All five ordinary resolutions, including the adoption of FY26 financial statements, reappointment of Director Pradeep Khandagale, and appointment of Independent Director Sheuli Sandeep Mukharjee, were approved with a 99.9993% majority. A total of 2,14,56,002 valid votes were cast, with 35 members attending physically. The voting outcomes represent standard statutory compliance with no extraordinary strategic developments announced.
- All 5 resolutions passed with 99.9993% assent (2,14,55,857 votes out of 2,14,56,002 valid votes)
- 35 members attended the 49th Annual General Meeting physically on September 30, 2026
- Approval granted for the adoption of audited financial statements for FY ended March 31, 2026
- Appointments of Independent Director Ms. Sheuli Sandeep Mukharjee and Secretarial Auditor approved
Valecha Engineering Limited has announced the closure of its trading window starting October 1, 2026, pursuant to SEBI Insider Trading Regulations. The window will remain shut until 48 hours following the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2026. This is a standard compliance procedure ahead of periodic earnings releases and contains no operational or commercial updates.
- Trading window closes effective October 1, 2026
- Closure applies until 48 hours post declaration of results for quarter and half year ending September 30, 2026
- Filing made pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Valecha Engineering Limited has announced that its 49th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 03:30 PM IST in Mumbai. The company has fixed the cut-off date as September 16, 2026, to determine shareholder eligibility for voting. The share transfer books and register of members will remain closed from September 23, 2026, to September 30, 2026. Remote e-voting will run from September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM).
- 49th Annual General Meeting scheduled for Wednesday, September 30, 2026, at 03:30 PM IST
- Book closure period set from September 23, 2026, to September 30, 2026 (both days inclusive)
- Cut-off date for e-voting eligibility fixed as September 16, 2026
- Remote e-voting window open from September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM)
Valecha Engineering Limited has submitted its Annual Report for FY 2025-26 along with the notice for its 49th Annual General Meeting (AGM) scheduled on September 30, 2026. Key agenda items include the adoption of FY26 financial statements, reappointment of director Mr. Pradeep Khandagale retiring by rotation, and the appointment of Ms. Sheuli Sandeep Mukharjee as an Independent Director. Additionally, the company is seeking approval for the reappointment of Statutory Auditors M/s Jain Jagawat Kamdar & Co. for FY 2026-27 and the appointment of Secretarial Auditors.
- 49th Annual General Meeting to be held on September 30, 2026 at 03:30 PM IST in Mumbai
- Remote e-voting window opens September 27, 2026 (09:00 AM) and closes September 29, 2026 (05:00 PM)
- Cut-off date for determining shareholder voting eligibility is set as September 16, 2026
- Share transfer books will remain closed from September 23, 2026 to September 30, 2026 (both days inclusive)
- Appointment of Ms. Sheuli Sandeep Mukharjee as Independent Director w.e.f. August 13, 2026 proposed for shareholder approval
Valecha Engineering Limited has announced that its 49th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 3:30 PM IST at the registered office. The Register of Members and Share Transfer Books will be closed from September 23, 2026, to September 30, 2026 (both days inclusive). The cut-off date for determining shareholder voting rights is September 16, 2026. Remote e-voting is scheduled to take place from September 27, 2026, to September 29, 2026.
- 49th Annual General Meeting scheduled for September 30, 2026, at 03:30 PM IST
- Share transfer book closure set from September 23, 2026, to September 30, 2026
- Cut-off date to establish voting eligibility fixed as September 16, 2026
- Remote e-voting window open from September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM)
Valecha Engineering Limited has announced the appointment of Ms. Sheuli Sandeep Mukharjee (DIN: 11862995) as an Additional Non-Executive Independent Director, effective August 13, 2026. The appointment was approved by the Board of Directors upon recommendation from the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming general meeting. Ms. Mukharjee holds an MBA in Finance and HR with 10 years of professional experience across service industries. This is a routine governance and compliance-related board addition with no immediate financial impact.
- Appointment of Ms. Sheuli Sandeep Mukharjee as Non-Executive Independent Director w.e.f. August 13, 2026
- Appointee brings 10 years of professional experience with MBA in Finance & HR
- Appointment is not liable to retire by rotation and requires shareholder approval at the next general meeting
- Company confirmed the director is not debarred by SEBI or any other regulatory authority
Valecha Engineering Limited has approved the appointment of Ms. Sheuli Sandeep Mukharjee (DIN: 11862995) as an Additional Non-Executive Independent Director, effective August 13, 2026. The appointment is subject to approval by the company's members at the next general meeting. Ms. Mukharjee holds an MBA in Finance & HR with 10 years of professional experience across service domains. The company confirmed she is not debarred by SEBI or related to any existing director.
- Appointment of Ms. Sheuli Sandeep Mukharjee (DIN: 11862995) as Non-Executive Independent Director.
- Effective date of appointment is 13.08.2026, not liable to retire by rotation.
- Appointee brings 10 years of professional experience with an MBA in Finance & HR.
- Appointment is subject to shareholder approval at the upcoming general meeting.
Valecha Engineering reported a standalone revenue of ₹2.80 crore for Q1 FY27, a sharp 62% decline from ₹7.36 crore in the same quarter last year. The company managed a marginal net profit of ₹0.18 crore, down from ₹0.39 crore YoY. A critical concern remains the ₹116.20 crore exposure to its subsidiary, Valecha Kachchh Toll Roads Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP). The board also approved the re-appointment of statutory auditors and new appointments for internal and secretarial audit functions for FY 2026-27.
- Standalone revenue for Q1 FY27 fell to ₹2.80 crore compared to ₹7.36 crore in Q1 FY26.
- Net profit for the quarter stood at ₹0.18 crore, a 54% decrease from the ₹0.39 crore reported in the previous year's quarter.
- The company maintains an investment and loan exposure of ₹116.20 crore in a subsidiary currently in NCLT, with no impairment recognized yet.
- Total loans and advances to four other subsidiaries and one step-down subsidiary aggregate to ₹169.04 crore.
- M/s PAMSP & Associate and M/s Rohit Periwal and Associates were appointed as Internal and Secretarial Auditors respectively for FY 2026-27.
Valecha Engineering reported a standalone net profit of ₹0.18 crore for Q1 FY27, down from ₹0.39 crore in the year-ago period. Revenue from operations saw a sharp decline to ₹2.80 crore from ₹7.36 crore YoY. The company appointed Ms. Sheuli Sandeep Mujharjee as an Independent Director and scheduled its 49th AGM for September 30, 2026. A critical concern remains the ₹116.20 crore exposure to its subsidiary, Valecha Kachchh Toll Roads Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP).
- Standalone Revenue from Operations fell to ₹2.80 crore in Q1 FY27 from ₹7.36 crore in Q1 FY26.
- Net Profit for the quarter stood at ₹0.18 crore, a decrease from ₹0.39 crore YoY.
- Total exposure to subsidiary Valecha Kachchh Toll Roads Limited (under CIRP) is ₹116.20 crore, currently carried at book value without impairment.
- Loans and advances to four other subsidiaries and one step-down subsidiary aggregate to ₹169.04 crore.
- The 49th Annual General Meeting is scheduled for September 30, 2026, with a book closure starting September 23, 2026.
Valecha Engineering reported a standalone revenue of ₹2.80 crore for Q1 FY27, down from ₹7.36 crore in the previous year's corresponding quarter. The company managed a small standalone net profit of ₹0.18 crore for the period. A critical concern remains the ₹116.20 crore exposure (investment and loans) to its subsidiary, Valecha Kachchh Toll Roads Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP). Management has not yet recognized impairment on these balances, pending the final NCLT adjudication of the resolution plan.
- Standalone revenue from operations decreased to ₹2.80 crore in Q1 FY27 from ₹7.36 crore in Q1 FY26.
- Standalone net profit for the quarter stood at ₹0.18 crore compared to ₹0.39 crore YoY.
- Total exposure to subsidiary VKTRL (under CIRP) remains at ₹116.20 crore, comprising ₹39.84 crore in investment and ₹76.36 crore in loans.
- Loans and advances to four other subsidiaries and one step-down subsidiary total ₹169.04 crore.
- Ms. Sheuli Sandeep Mujharjee appointed as Non-Executive Independent Director effective August 13, 2026.
Valecha Engineering reported a sharp decline in standalone revenue to ₹2.80 crore for Q1 FY27, down from ₹7.36 crore in the same period last year. While the company posted a marginal standalone net profit of ₹0.18 crore, its financial health is heavily tied to distressed subsidiaries. Specifically, it holds a ₹116.20 crore exposure to Valecha Kachchh Toll Roads Limited, which is currently in the Corporate Insolvency Resolution Process (CIRP). Furthermore, the company has ₹169.04 crore in loans and advances to other subsidiaries that have not yet been impaired, posing a significant valuation risk.
- Standalone revenue for Q1 FY27 decreased by 62% YoY to ₹2.80 crore.
- Standalone net profit for the quarter ended June 30, 2026, stood at ₹0.18 crore compared to ₹0.39 crore YoY.
- Total exposure to subsidiary Valecha Kachchh Toll Roads (under CIRP) remains at ₹116.20 crore without impairment.
- Loans and advances to four other subsidiaries and one step-down subsidiary total ₹169.04 crore.
- The 49th Annual General Meeting (AGM) is scheduled for September 30, 2026.
Valecha Engineering reported a standalone net profit of ‡0.18 crore for Q1 FY27, down from ‡0.39 crore in the previous year's corresponding quarter. Revenue from operations saw a sharp decline of 62% YoY, falling to ‡2.80 crore. The company continues to carry significant legacy risks, including a ‡116.20 crore exposure to its subsidiary, Valecha Kachchh Toll Roads, which is currently in the Corporate Insolvency Resolution Process (CIRP). Furthermore, ‡169.04 crore in loans and advances to other subsidiaries are being carried at book value pending a detailed recoverability assessment.
- Revenue from operations decreased 62% YoY to ‡2.80 crore for the quarter ended June 30, 2026.
- Standalone net profit for Q1 FY27 stood at ‡0.18 crore compared to ‡0.39 crore in Q1 FY26.
- Total exposure to subsidiary VKTRL (under CIRP) remains at ‡116.20 crore without impairment recognition pending NCLT approval of the resolution plan.
- Loans and advances to four other subsidiaries and one step-down subsidiary total ‡169.04 crore.
- The 49th Annual General Meeting (AGM) is scheduled for September 30, 2026.
Valecha Engineering reported a significant decline in standalone operations for Q1 FY27, with revenue falling to ₹2.80 cr from ₹7.36 cr YoY. While the standalone entity posted a marginal profit of ₹0.18 cr, the consolidated results show a heavy net loss of ₹50.55 cr attributed to subsidiaries. The company is currently under new management following a Corporate Insolvency Resolution Process (CIRP). Notably, the statutory auditors issued a qualified opinion as the consolidated results exclude the performance of 8 out of 15 Joint Ventures.
- Standalone revenue from operations decreased by 61.9% YoY to ₹2.80 cr in Q1 FY27.
- Consolidated net loss for the quarter reached ₹50.55 cr, primarily due to subsidiary performance.
- Auditors highlighted that 8 out of 15 Joint Ventures were not included in the consolidated financial results.
- The company continues to carry an investment of ₹39.84 cr in its subsidiary Valecha Kachchh Toll Roads, which is currently in CIRP.
- New management has taken over operations following the implementation of the approved Resolution Plan.
Valecha Engineering reported a standalone revenue of ₹2.80 crore for Q1 FY27, a sharp decline from ₹7.36 crore in the previous year's quarter. The company managed a marginal net profit of ₹0.18 crore, down from ₹0.39 crore YoY, primarily due to reduced construction expenses. A major concern for investors is the ₹116.20 crore exposure to its subsidiary, Valecha Kachchh Toll Roads Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP). Additionally, the company carries ₹169.04 crore in loans and advances to other subsidiaries, with recoverability assessments still pending.
- Revenue from operations declined by 61.9% YoY to ₹2.80 crore in the quarter ended June 30, 2026.
- Net profit stood at ₹0.18 crore for Q1 FY27 compared to ₹0.39 crore in Q1 FY26.
- Total exposure to subsidiary VKTRL (under CIRP) remains at ₹116.20 crore, carried at book value without impairment.
- Loans and advances to four other subsidiaries and one step-down subsidiary total ₹169.04 crore.
- The company has scheduled its 49th Annual General Meeting for September 30, 2026.
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