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Austin Engineering Co. Ltd. Interim / Quarterly Report 2026
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Interim / Quarterly Report
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AGC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patia, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones: (02873) 252223, 252267, 252268 Fax: (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
Aec/sec/BSE/2026-27/12
BSE Code : AUSTENG | 522005 | INE759F01012
27th May,2026
To,
BSE Limited
Photoze Jeejeebhoy Tower,
Dalal Street, Fort,
MUMBAI 400 023
Sub. : Outcome of Board Meeting held on Wednesday, 27th May, 2026 and submission of Audited Financial Results (Standalone & Consolidated) for the Fourth Quarter and year ended on 31st March, 2026.
Pursuant to Regulation 30, 33 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of Austin Engineering Company Limited ["the Company"] at its meeting held today, i.e. Wednesday, 27th May, 2026 has inter alia discussed, approved, and taken on record the following matter:
-
The Company has approved Audited Financial Results (Standalone & Consolidated) for the Fourth Quarter and Financial Year ended on 31st March, 2026.
-
The Company has also approved Auditors' Report on the Audited Financial (Standalone & Consolidated) for the Fourth Quarter and Financial Year ended on 31st March, 2026.
-
The Company has also approved the Report of the Board of Directors, along with the annexure /enclosures, for the Financial Year ended on 31st March, 2026, including approval of the draft annual Report for the financial year 2025-26
-
The Company's Declaration in respect of Unmodified Opinion on Audited Standalone and Consolidated Financial Results for the Quarter & year ended on 31st March, 2026.
-
The Company noted the resignation of Mr. Jagdishchandra B. Jagani DIN.: 07645671 an independent director and the Chairperson of all the committees, and relieved him from the office due to his preoccupancy, with effect from 20th May, 2026.
-
The Company noted the reconstitution of the Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee of the Company along with chairperson.
Manufacturers of : ALL KINDS OF BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AGC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patia, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
- The Company has fixed the date, time and venue of the forthcoming 48th Annual General Meeting (AGM) detailed as under:
Date: Monday, 28th September, 2026
Time: 11:00 A.M.
Venue: At the Registered Office of the Company
- The Company has fixed the Book closure dates from Tuesday, 22nd September, 2026 to Monday, 28th September, 2026 (Both days inclusive).
A copy of the approved Audited Financial Results along with Audit Report and declaration in respect of Unmodified Opinion on Audited Standalone and Consolidated Financial Results for the Quarter and year ended on 31st March, 2026 are enclosed herewith.
The meeting commenced at 02:00 P.M. and concluded at 03:15 P.M. at the Registered Office of the Company situated at Junagadh.
You are requested to kindly take the same on record.
Yours faithfully,
Per AUSTIN ENGINEERING CO. LTD.
Kiran H. Shah
Executive Officer (Secretarial)
Manufacturers of :
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh' (India)
Phones : (02873) 252223. 252267. 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31,2026
Rs. in Lakhs
| Particulars | Quarter Ended | Year Ended | ||||
|---|---|---|---|---|---|---|
| 31 March 2026 | 31 December 2025 | 31 March 2025 | 31 March 2026 | 31 March 2025 | ||
| Audited | Unaudited | Audited | Audited | Audited | ||
| I | Income | |||||
| Revenue From Operations | 2,974.50 | 2,634.94 | 2,839.64 | 11,933.61 | 10,292.40 | |
| Other Income | 125.99 | 60.49 | 104.14 | 299.25 | 205.60 | |
| Total Income (I) | 3,100.49 | 2,695.43 | 2,943.78 | 12,232.86 | 10,498.00 | |
| II | Expenses | |||||
| Cost of materials consumed | 1,195.09 | 1,014.78 | 1,106.16 | 4,305.23 | 3,169.69 | |
| Purchases of Stock-in-Trade | 185.68 | 230.27 | 230.50 | 1,088.58 | 1,072.59 | |
| Changes in inventories of finished goods, Stock in Employee benefits expense | -109.63 | -179.29 | -178.89 | -114.24 | -244.11 | |
| Finance costs | 518.47 | 535.28 | 518.07 | 2,068.45 | 1,970.83 | |
| Depreciation and amortization expense | 10.88 | 10.73 | 8.53 | 42.33 | 29.87 | |
| Other expenses | 39.31 | 39.21 | 50.49 | 155.61 | 155.06 | |
| Total expenses (II) | 1,069.60 | 889.85 | 1,129.14 | 4,048.83 | 3,897.91 | |
| Total expenses (II) | 2,909.40 | 2,540.83 | 2,864.00 | 11,594.79 | 10,051.84 | |
| III | Profit/(loss) before tax (I-II) | 191.09 | 154.60 | 79.78 | 638.07 | 446.16 |
| IV | Tax expenses | |||||
| Current tax | 28.87 | 41.21 | 3.70 | 153.60 | 106.65 | |
| Deferred tax | 67.15 | 21.40 | 5.10 | 38.01 | -18.20 | |
| Prior period tax | - | 2.38 | -0.01 | 2.38 | 5.04 | |
| Total Tax expense (IV) | 96.02 | 64.99 | 8.79 | 193.99 | 93.49 | |
| V | Profit/(loss) after tax for the period (III-IV). | 95.07 | 89.61 | 70.99 | 444.08 | 352.67 |
| VI | Other Comprehensive Income | |||||
| OCI that will not be reclassified to P&L | -2.71 | 14.25 | -3.30 | 72.63 | 98.69 | |
| OCI Income tax of items that will not be reclassified to P&L | 0.75 | -3.97 | 0.91 | -20.21 | -27.46 | |
| Total Other Comprehensive Income (VI) | -1.96 | 10.28 | -2.39 | 52.42 | 71.23 | |
| VII | Total Comprehensive Income for the period (V+VI) | 93.11 | 99.89 | 68.60 | 496.50 | 423.90 |
| VIII | Details of Equity Share Capital | |||||
| Paid up Equity Share Capital | 347.78 | 347.78 | 347.78 | 347.78 | 347.78 | |
| (FV of Rs. 10/- Each) | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| VIII | Other Equity | 6,517.80 | 6,058.86 | |||
| Earnings per equity share* | ||||||
| Basic | 2.73 | 2.58 | 2.04 | 12.77 | 10.14 | |
| Diluted | 2.73 | 2.58 | 2.04 | 12.77 | 10.14 |
*Not annualised except for the year ended on 31 March 2026 & 31 March 2025
Place: Village patla, Tal. Bheshan, Dist. Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadgama
Chairman
DIN: 00145992
Manufacturers of:
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
Rk. in Lakhs
STANDALONE SEGMENT INFORMATION FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| 31 March 2026 | 31 December 2025 | 31 March 2025 | 31 March 2026 | 31 March 2025 | |
| Audited | Unaudited | Unaudited | Audited | Audited | |
| Segment revenue | |||||
| Bearing | 3,112.10 | 2,684.08 | 2,914.12 | 12,184.95 | 10,409.06 |
| Wind Turbine Power Generation | -11.61 | 11.35 | 29.67 | 47.91 | 88.94 |
| Total segment revenue | 3,100.49 | 2,695.43 | 2,943.79 | 12,232.86 | 10,498.00 |
| Less: Inter-segment revenue | -11.61 | 11.35 | 29.67 | 47.91 | 88.94 |
| Income from operations | 3,112.10 | 2,684.08 | 2,914.12 | 12,184.95 | 10,409.06 |
| Segment results | |||||
| Bearing | 222.74 | 159.73 | 69.11 | 658.75 | 408.18 |
| Wind Turbine Power Generation | -20.77 | 5.61 | 19.19 | 21.65 | 67.85 |
| Total segment results | 201.97 | 165.34 | 88.30 | 680.40 | 476.03 |
| Finance costs | 10.88 | 10.73 | 8.53 | 42.33 | 29.87 |
| Profit/(loss) before tax | 191.09 | 154.61 | 79.77 | 638.07 | 446.16 |
| Segment assets | |||||
| Bearing | 10,467.94 | 9,968.29 | 9,170.84 | 10,467.94 | 9,170.84 |
| Wind Turbine Power Generation | 42.57 | 45.36 | 60.18 | 42.57 | 60.18 |
| Unallocated | 77.29 | 232.60 | 224.42 | 77.29 | 224.42 |
| Total segment assets | 10,587.80 | 10,246.25 | 9,455.44 | 10,587.80 | 9,455.44 |
| Unallocable corporate assets | - | - | - | - | - |
| Total assets | 10,587.80 | 10,246.25 | 9,455.44 | 10,587.80 | 9,455.44 |
| Segment liabilities | |||||
| Bearing | 3,713.23 | 3,410.03 | 3,041.74 | 3,713.23 | 3,041.74 |
| Wind Turbine Power Generation | 8.69 | 7.53 | 7.07 | 8.69 | 7.07 |
| Total segment liabilities | 3,721.92 | 3,417.56 | 3,048.81 | 3,721.92 | 3,048.81 |
| Unallocable corporate liabilities | - | - | - | - | - |
| Total liabilities | 3,721.92 | 3,417.56 | 3,048.81 | 3,721.92 | 3,048.81 |
Place: Village patla,Tal.Bheshan,Dist.Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadagatna
Chairman
DIN: 00145992
Manufacturers of:
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail: [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2026
Rs. in Lakhd
| Particulars | As at
31 March 2026
Audited | As at
31 March 2025
Audited |
| --- | --- | --- |
| ASSETS | | |
| Non-current assets | | |
| Property, Plant and Equipment | 1,374.05 | 1,231.06 |
| Capital work in progress | | 13.45 |
| Other Intangible assets | 166.99 | 178.76 |
| Financial Assets | | |
| -Investments | 11.43 | 22.72 |
| -Other financial assets | 77.40 | 91.21 |
| Deferred tax assets, net | 77.29 | 224.42 |
| Other non current assets | 8.00 | 8.00 |
| Total Non-current Assets (A) | 1,715.16 | 1,769.62 |
| Current assets | | |
| Inventories | 3,420.18 | 3,059.34 |
| Financial Assets | | |
| Investments | 2,180.29 | 1,896.41 |
| Trade receivables | 2,196.09 | 1,626.13 |
| Cash and cash equivalents | 701.55 | 732.22 |
| Loans | 8.65 | 17.75 |
| Other financial assets | 223.46 | 196.72 |
| Current Tax Assets, net | - | 13.26 |
| Other current assets | 142.12 | 143.99 |
| Total Current Assets (B) | 8,872.34 | 7,685.82 |
| Total Assets (A+B) | 10,587.50 | 9,455.44 |
| EQUITY and LIABILITIES | | |
| Equity Share Capital | 347.78 | 347.78 |
| Other Equity | 6,517.80 | 6,058.86 |
| Total Equity (A) | 6,865.58 | 6,406.64 |
| Non-current liabilities | | |
| Financial Liabilities | | |
| Lease liabilities | 56.68 | 6.36 |
| Provisions | 645.95 | 819.71 |
| Other non current liabilities | 7.69 | 7.06 |
| Total Non-current liabilities (B) | 710.32 | 833.13 |
| Current liabilities | | |
| Financial Liabilities | | |
| Borrowings | - | 130.00 |
| Trade Payables | | |
| - total outstanding dues of micro and small enterprises | 481.68 | 309.04 |
| - total outstanding dues of others | 1,840.90 | 1,134.72 |
| Other financial liabilities | 0.75 | 0.85 |
| Other current liabilities | 82.97 | 155.41 |
| Provisions - current | 590.47 | 485.65 |
| Current Tax Liabilities, net | 14.83 | - |
| Total Current liabilities © | 3,011.60 | 2,215.67 |
| Total liabilities (B+C) | 3,721.92 | 3,048.80 |
| Total Equity and Liabilities (A+B+C) | 10,587.50 | 9,455.44 |
Place : Village patla,Tal.Bheshan,Dist.Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadgama
Chairman
DIN: 00145992
Manufacturers of :
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] , Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd: Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones: (02873) 252223, 252267, 252268 Fax: (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
STANDALONE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31,2026
Rs. in Lakhs
| Particulars | For Year ended 31 March 2026 | For Year ended 31 March 2025 | |
|---|---|---|---|
| Audited | Audited | ||
| A | CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Profit for the year | 444.07 | 352.66 | |
| Adjustments for: | |||
| Depreciation and amortisation | 155.61 | 155.06 | |
| (Gain)/Loss on disposal of property, plant and equipment | - | -4.76 | |
| (Gain)/Loss on disposal of Investments | -2.16 | -1.63 | |
| (Gain)/Loss on investments measured at fair value through profit and loss | -12.15 | - | |
| Provision for Income tax | 194.00 | 93.50 | |
| Provision for Expected Credit Loss(ECL) | 5.76 | -6.59 | |
| Notional Interest on Leased Liabilities | 3.30 | 1.27 | |
| Asset write off and Amortisation | - | 6.33 | |
| Finance Cost | 39.03 | 29.87 | |
| Interest Income | -19.73 | -22.02 | |
| Unrealised foreign exchange loss (net) | -33.84 | -8.91 | |
| Operating profit before working capital changes | 773.89 | 594.78 | |
| Adjustment for (increase) / decrease in operating assets | |||
| Trade receivables | -541.87 | 748.51 | |
| Loans & Advances | 9.10 | -2.80 | |
| Other financial assets | -12.93 | 49.50 | |
| Inventories | -360.85 | -253.34 | |
| Other assets | 1.87 | -18.51 | |
| Adjustment for (Increase) / decrease in operating liabilities | |||
| Trade payables | 878.81 | 31.26 | |
| Other financial liabilities | -0.11 | -0.02 | |
| Other Liabilities | -71.80 | -97.05 | |
| Provisions | -86.26 | -25.64 | |
| Cash generated from operations | 589.85 | 1,026.69 | |
| Income tax paid (net) | -127.89 | -119.42 | |
| Net cash generated by operating activities | 461.96 | 907.27 | |
| B | CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase of property, plant and equipment | -210.75 | -302.84 | |
| Purchase of intangible assets | - | -3.96 | |
| Purchase of other Investment | -499.97 | -449.98 | |
| Proceeds from sale of investments carried at fair value through OCI | 382.99 | 150.00 | |
| Proceeds from disposal of property, plant and equipment | - | 15.08 | |
| Interest received | 19.73 | 22.02 | |
| Net cash (used in) / generated by investing activities | -308.00 | -569.68 | |
| C | CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Repayment of lease liabilities | -15.60 | -15.60 | |
| Proceeds from short term borrowings | -130.00 | 17.00 | |
| Finance cost | -39.03 | -29.87 | |
| Net cash used in financing activities | -184.63 | -28.47 | |
| Net increase / (decrease) in cash and cash equivalents | -30.67 | 309.12 | |
| Cash and cash equivalents at the beginning of the year | 732.22 | 423.12 | |
| Exchange gain loss on Cash and cash equivalents | - | - | |
| Cash and cash equivalents at the end of the year | 701.55 | 732.24 |
Place: Village patla, Tal. Bheshan, Dist. Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Manufacturers of
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: (91-285) 2660069
e-mail: [email protected] Visit us at http://www.aec.com
Hiren N. Vadgama
Chairman
DIN: 00145992
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AGC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones: (02873) 252223, 252267, 252268 Fax: (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
Notes to Standalone Financial Results:
-
The above standalone financial results for the quarter and year ended 31st March, 2026 of Austin Engineering Company Limited (“the company”) were reviewed by the Audit Committee at their meeting held on May 25, 2026 and Subsequently Approved by the Board of Directors of the Company at their meeting held on May 27, 2026.
-
The Statutory Auditor of the company have carried out audit of the standalone annual financial results for the year ended 31st March 2026 and have issued an unmodified opinion.
-
These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) rules 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI).
-
The Company has two reportable segments viz. "Bearing" and "Wind Turbine Power Generation".
-
In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the above audited standalone financial results of the company are posted on Company's website and website of stock exchange viz. www.bseindia.com.
-
The figures for the quarter ended 31st March, 2026 and 31st March, 2025 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2026 and 31st March, 2025 and unaudited year to date figures up to end of nine months of the current financial year and previous financial year respectively, as approved by the Board of Directors of the Company.
-
The figures of the previous period/year have been regrouped/re-classified, wherever necessary, to correspond with the current period’s classification/disclosure. The impact of such regrouping/reclassification have been considered and found to be not material to the financial results.
Place : Village patla,Tal.Bheshan,Dist.Junagadh
Date : 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadgama
Chairman
DIN: 00145992
Manufacturers of:
ALL KINDS OF BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: (91-285) 2660069
e-mail: [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 10549:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31,2026
Rs. in Lakhs
| Particulars | Quarter Ended | Year Ended | ||||
|---|---|---|---|---|---|---|
| 31 March 2026 | 31 December 2025 | 31 March 2026 | 31 March 2026 | 31 March 2025 | ||
| Audited | Unaudited | Audited | Audited | Audited | ||
| I | Income | |||||
| Revenue From Operations | 3,079.44 | 2,867.43 | 2,956.89 | 12,513.23 | 10,666.99 | |
| Other Income | 87.05 | -6.33 | 104.66 | 194.14 | 211.06 | |
| Total Income (I) | 3,186.49 | 2,861.10 | 3,061.55 | 12,707.37 | 10,878.05 | |
| II | Expenses | |||||
| Cost of materials consumed | 1,195.09 | 1,014.78 | 1,105.46 | 4,305.23 | 3,169.69 | |
| Purchases of Stock-in-Trade | 185.68 | 230.26 | 230.50 | 1,088.58 | 1,072.59 | |
| Changes in inventories of finished goods, Stock in Trade and work in progress | -109.63 | -179.29 | -178.89 | -114.24 | -244.11 | |
| Employee benefits expense | 556.42 | 560.83 | 542.97 | 2,181.52 | 2,087.54 | |
| Finance costs | 10.88 | 10.73 | 8.53 | 42.33 | 29.87 | |
| Depreciation and amortization expense | 39.83 | 39.48 | 50.98 | 156.72 | 156.97 | |
| Other expenses | 1,072.52 | 1,021.99 | 1,204.40 | 4,367.90 | 4,127.28 | |
| Total expenses (II) | 2,950.59 | 2,698.78 | 2,963.95 | 12,028.04 | 10,399.83 | |
| III | Profit/(loss) before tax (I-II) | 215.90 | 162.32 | 97.60 | 679.33 | 478.22 |
| IV | Tax expenses | |||||
| Current tax | 28.89 | 41.19 | 3.71 | 154.50 | 107.03 | |
| Deferred tax | 67.15 | 21.40 | 5.10 | 38.01 | -18.20 | |
| Prior period tax | - | 2.38 | -0.01 | 2.38 | 5.04 | |
| Total Tax expense (IV) | 96.04 | 64.97 | 8.80 | 194.89 | 93.87 | |
| V | Profit/(loss) after tax for the period (III-IV) | 119.86 | 97.35 | 88.80 | 484.44 | 384.35 |
| VI | Other Comprehensive Income | |||||
| OCI that will not be reclassified to P&L | -2.71 | 14.25 | -3.30 | 72.63 | 98.69 | |
| OCI Income tax of items that will not be reclassified to P&L | 0.75 | -3.97 | 0.91 | -20.21 | -27.46 | |
| Total Other Comprehensive Income (VI) | -1.96 | 10.28 | -2.39 | 52.42 | 71.23 | |
| VII | Total Comprehensive Income for the period (V+VI) | 117.90 | 107.63 | 86.41 | 536.86 | 455.58 |
| VIII | Profit/(loss) after tax for the period (III-IV) | |||||
| - Attributable to Owners of the company | 119.86 | 97.35 | 88.78 | 484.43 | 384.34 | |
| IX | - Attributable to Non-Controlling Interests | -119.86 | 97.35 | 88.78 | 484.43 | 384.34 |
| Total Other Comprehensive Income (VI) | ||||||
| X | - Attributable to owners of the company | -1.96 | 10.29 | -2.38 | 52.43 | 71.24 |
| - Attributable to Non-Controlling Interests | -1.96 | 10.29 | -2.38 | 52.43 | 71.24 | |
| XI | Total Comprehensive Income for the period (V+VI) | |||||
| - Attributable to owners of the company | 117.90 | 107.64 | 86.41 | 536.86 | 455.58 | |
| - Attributable to Non-Controlling Interests* | 117.90 | 107.64 | 86.41 | 536.86 | 455.58 | |
| XII | Details of Equity Share Capital | |||||
| Paid-Up Equity Share Capital | 347.78 | 347.78 | 347.78 | 347.78 | 347.78 | |
| Face Value of Equity Share Capital (Per Value) | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| Other Equity | 6,715.59 | 6,209.95 | ||||
| XIII | Earnings per equity share* | |||||
| Basic | 3.45 | 2.80 | 2.55 | 13.93 | 11.05 | |
| Diluted | 3.45 | 2.80 | 2.55 | 13.93 | 11.05 |
*Not annualised except for the year ended on 31 March 2026 & 31 March 2025
Place: Village patla, Tal. Bheshan, Dist. Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadgama
Chairman
DIN: 00185992
A
Manufacturers of :
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vaddi Road, Junagadh - 362 003. (India) Tel.: (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TUV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones: (02873) 252223, 252267, 252268 Fax: (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
CONSOLIDATED SEGMENT INFORMATION FOR THE QUARTER AND YEAR ENDED MARCH 31, 2026
Rs. in Lakhs
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| 31 March 2026 | 31 December 2025 | 31 March 2025 | 31 March 2026 | 31 March 2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| Segment revenue | |||||
| Bearing | 3,178.10 | 2,849.75 | 3,031.88 | 12,659.46 | 10,789.11 |
| Wind Turbine Power Generation | -11.61 | 11.35 | 29.67 | 47.91 | 88.94 |
| Total segment revenue | 3,166.49 | 2,861.10 | 3,061.55 | 12,707.37 | 10,878.05 |
| Less: Inter-segment revenue | -11.61 | 11.35 | 29.67 | 47.91 | 88.94 |
| Income from operations | 3,178.10 | 2,849.75 | 3,031.88 | 12,659.46 | 10,789.11 |
| Segment results | |||||
| Bearing | 247.55 | 167.44 | 86.94 | 700.01 | 440.24 |
| Wind Turbine Power Generation | -20.77 | 5.61 | 19.19 | 21.65 | 67.85 |
| Total segment results | 226.78 | 173.05 | 106.13 | 721.66 | 508.09 |
| Finance costs | 10.88 | 10.73 | 8.53 | 42.33 | 29.87 |
| Profit/(loss) before tax | 215.90 | 162.32 | 97.60 | 679.33 | 478.22 |
| Segment assets | |||||
| Bearing | 10,852.02 | 10,129.78 | 9,529.20 | 10,852.02 | 9,529.20 |
| Wind Turbine Power Generation | 42.57 | 45.36 | 60.18 | 42.57 | 60.18 |
| Unallocated | 83.34 | 238.95 | 230.46 | 83.34 | 230.46 |
| Total segment assets | 10,977.93 | 10,414.09 | 9,819.84 | 10,977.93 | 9,819.84 |
| Unallocable corporate assets | - | - | - | - | - |
| Total assets | 10,977.93 | 10,414.09 | 9,819.84 | 10,977.93 | 9,819.84 |
| Segment liabilities | |||||
| Bearing | 3,905.87 | 3,406.83 | 3,255.04 | 3,905.87 | 3,255.04 |
| Wind Turbine Power Generation | 8.69 | 7.53 | 7.07 | 8.69 | 7.07 |
| Total segment liabilities | 3,914.56 | 3,414.36 | 3,262.11 | 3,914.56 | 3,262.11 |
| Unallocable corporate liabilities | - | - | - | - | - |
| Total liabilities | 3,914.56 | 3,414.36 | 3,262.11 | 3,914.56 | 3,262.11 |
Place: Village patla, Tal. Bheshan, Dist. Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vadagama
Chairman
DIN: 00145992
Manufacturers of :
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail: [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16948:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
aec
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2026
Rs. in Lakhs
| Particulars | As at 31 March 2026 | As at 31 March 2025. |
|---|---|---|
| Audited | Audited | |
| ASSETS | ||
| Non-current assets | ||
| Property, Plant and Equipment | 1,375.56 | 1,233.48 |
| Capital work in progress | - | 13.45 |
| Other Intangible assets | 166.99 | 178.76 |
| Financial Assets | ||
| -Other financial assets | 77.40 | 91.21 |
| Deferred tax assets, net | 83.34 | 230.46 |
| Other non current assets | 8.00 | 8.00 |
| Total Non-current Assets (A) | 1,711.29 | 1,755.36 |
| Current assets | ||
| Inventories | 3,420.18 | 3,059.34 |
| Financial Assets | ||
| Investments | 2,180.29 | 1,896.42 |
| Trade receivables | 2,322.92 | 1,887.44 |
| Cash and cash equivalents | 965.58 | 849.55 |
| Loans | 8.65 | 17.75 |
| Other financial assets | 226.90 | 196.73 |
| Current Tax Assets, net | - | 13.26 |
| Other current assets | 142.12 | 143.99 |
| Total Current Assets (B) | 9,266.64 | 8,064.48 |
| Total Assets (A+B) | 10,977.93 | 9,819.84 |
| EQUITY and LIABILITIES | ||
| Equity Share Capital | 347.78 | 347.78 |
| Other Equity | 6,715.59 | 6,209.95 |
| Total Equity (A) | 7,063.37 | 6,557.73 |
| Non-current liabilities | ||
| Financial Liabilities | ||
| -Lease liabilities | 56.68 | 6.36 |
| Provisions | 645.95 | 819.71 |
| Other non current liabilities | 7.69 | 7.06 |
| Total Non-current liabilities (B) | 710.32 | 833.13 |
| Current liabilities | ||
| Financial Liabilities | ||
| Borrowings | 3.03 | 131.41 |
| Trade Payables | ||
| - total outstanding dues of micro and small enterprises | 481.68 | 309.04 |
| - total outstanding dues of others | 1,885.64 | 1,215.64 |
| Other financial liabilities | 0.75 | 0.85 |
| Other current liabilities | 227.84 | 286.39 |
| Provisions - current | 590.47 | 485.65 |
| Current Tax Liabilities, net | 14.83 | - |
| Total Current liabilities(C) | 3,204.24 | 2,428.98 |
| Total liabilities (B+C) | 3,914.56 | 3,262.11 |
| Total Equity and Liabilities (A+B+C) | 10,977.93 | 9,819.84 |
Place: Village patla,Tal.Bheshan,Dist.Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Hiren N. Vaidpema
Chairman
DIN: 00145992
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
Manufacturers of :
ALL KINDS OF
BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
AGC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31,2026
Rs. in Lakhs
| Particulars | For Year ended 31 March 2026 | For Year ended 31 March 2025 | |
|---|---|---|---|
| Audited | Audited | ||
| A | CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Profit for the year | 484.43 | 384.34 | |
| Adjustments for: | |||
| Depreciation and amortisation | 156.72 | 156.97 | |
| (Gain)/Loss on disposal of property, plant and equipment | - | -4.76 | |
| (Gain)/Loss on disposal of Investments | -2.16 | -1.63 | |
| Provision for Income tax | 194.90 | 93.87 | |
| Other adjustment for non cash items | - | 8.26 | |
| Provision for Expected Credit Loss(ECL) | 3.63 | - | |
| Notional Interest on Leased Liabilities | 3.30 | - | |
| Finance Cost | 39.03 | 29.87 | |
| Interest Income | -21.96 | -22.02 | |
| Unrealised foreign exchange loss (net) | -10.29 | -8.91 | |
| Operating profit before working capital changes | 847.60 | 635.99 | |
| Adjustment for (increase) / decrease in operating assets | |||
| Trade receivables | -422.48 | 411.33 | |
| Loans & Advances | 9.10 | -2.80 | |
| Other financial assets | -16.36 | 29.05 | |
| Inventories | -360.85 | -253.34 | |
| Other assets | 1.87 | 70.67 | |
| Adjustment for (Increase) / decrease in operating liabilities | |||
| Trade payables | 842.63 | 33.46 | |
| Other financial liabilities | -0.11 | -0.02 | |
| Other Liabilities | -57.92 | -109.43 | |
| Provisions | -86.26 | -26.91 | |
| Cash generated from operations | 757.22 | 788.00 | |
| Income tax paid (net) | -128.79 | -119.96 | |
| Net cash generated by operating activities | 628.43 | 668.04 | |
| B | CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase of property, plant and equipment | -210.94 | -304.69 | |
| Purchase of intangible assets | - | -3.96 | |
| Purchase of other Investment | -499.97 | -449.98 | |
| Proceeds from sale of investments carried at fair value through OCI | 359.56 | 150.00 | |
| Proceeds from disposal of property, plant and equipment | - | 15.08 | |
| Interest received | 21.96 | 22.02 | |
| Net cash (used in) / generated by investing activities | -329.39 | -571.53 | |
| C | CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Repayment of lease liabilities | -15.60 | -15.60 | |
| Proceeds from short term borrowings | -128.38 | 17.99 | |
| Finance cost | -39.03 | -29.87 | |
| Net cash used in financing activities | -183.01 | -27.48 | |
| Net increase / (decrease) in cash and cash equivalents (A+B+C) | 116.03 | 69.03 | |
| Cash and cash equivalents at the beginning of the year | 849.55 | 780.51 | |
| Exchange gain loss on Cash and cash equivalents | |||
| Cash and cash equivalents at the end of the year | 965.58 | 849.54 |
Place : Village patla,Tal.Bheshan,Dist.Junagadh
Date: 27.05.2026
For & behalf of the Board
Austin Engineering Company Limited
Manufacturers of :
ALL KINDS OF
BEARINGS
Hiren N. Vaegama
Chairman
DIN: 00145992
TÜV Rheinland
CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
Junagadh off.: 101. G.I.D.C. Estate, Vadāl Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath), Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
Notes to Consolidated Financial Results:
-
The above consolidated financial results for the quarter and year ended 31st March, 2026 of Austin Engineering Company Limited (“the company”) were reviewed by the Audit Committee at their meeting held on May 25, 2026 and Subsequently Approved by the Board of Directors of the Company at their meeting held on May 27, 2026. The Statutory Auditor of the company have carried out audit of the consolidated annual financial results for the year ended 31st March 2026 and have issued an unmodified opinion.
-
These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) rules 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI).
-
The Consolidated Financial Statements include result of Subsidiary Company. The Name, Country of incorporation, Proportion of ownership interest and reporting dates are as under:
| Name of the Subsidiary Company | Country of Incorporation | Parent’s ultimate holding as on 31.03.2026 | Quarter Ends on |
|---|---|---|---|
| Austin Engineering Company | U.S.A. | 100% | 31-March-2026 |
-
The Company has two reportable segments viz. "Bearing" and "Wind Turbine Power Generation".
-
In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the above audited consolidated financial results of the company are posted on Company’s website and website of stock exchange viz. www.bseindia.com.
-
The figures of the previous period/year have been regrouped/re-classified, wherever necessary, to correspond with the current period’s classification/disclosure. The impact of such regrouping/reclassification have been considered and found to be not material to the financial results.
Place : Village patla,Tal.Bheshan,Dist.Junagadh
Date : 27.05.2026
For & behalf of the Board,
Austin Engineering Company Limited
Hiren N. Vargama
Chairman
DIN: 00145992
Manufacturers of : ALL KINDS OF BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16943:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
AEC
AUSTIN ENGINEERING COMPANY LIMITED
Regd. Office & Works.
Patla, Ta. Bhesan, Via Ranpur (Sorath). Post Hadmatiya - 362 030. Dist. Junagadh (India)
Phones : (02873) 252223, 252267, 252268 Fax : (02873) 252225
CIN. L27259GJ1978PLC003179 .GSTIN:-24AABCA8189N1Z6
Aec/sec/BSE/2026-27/13
BSE Code : AUSTENG | 522005 | INE759F01012
27th May,2026
To,
BSE Limited
Phiroze Jeejeebhoy Tower,
Dalal Street, Fort,
MUMBAI 400 023
Sub. : Declaration in respect of Unmodified Opinion on Audited Standalone and Consolidated Financial Result for the Quarter & Year ended on 31st March, 2026.
Ref. : Regulation 33(3)(d) of (Listing Obligation & Disclosure Requirements) Reg. 2015.
Dear Sir,
We hereby declare that the Statutory Auditors of the Company M/s. J. C. Ranpura & Co. Chartered Accountants, Rajkot (Firm Reg. No.108647W) have issued an Audit Report with Unmodified Opinion on Audited Standalone and Consolidated Financial Result of the Company for the Quarter and Year both ended on 31st March, 2026
The declaration is given in compliance to second proviso of Reg. 33(3)(d) of SEBI (Listing Obligation & Disclosure Requirements)Reg. 2015, as amended by the SEBI (Listing Obligation & Disclosure Requirements)(Amendment) Regulations 2016, vide notification No. SEBI/LAD-NRO-GN/2016-17/001, dated 25th May, 2016.
Yours faithfully,
For, Austin Engineering Co. Ltd
Raan R Bambhania
Managing Director & CEO
Siddik A Kotal
Chief Financial Officer
Manufacturers of : ALL KINDS OF BEARINGS
Junagadh off.: 101. G.I.D.C. Estate, Vadal Road, Junagadh - 362 003. (India) Tel.: : (91-285) 2660069
e-mail : [email protected] Visit us at http://www.aec.com
TÜV Rheinland CERTIFIED
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
ISO 45001:2018
www.tuv.com
JCRanpura & Co
Chartered Accountants
INDEPENDENT AUDITOR'S REPORT ON THE QUARTERLY CONSOLIDATED IND AS FINANCIAL RESULTS & YEAR TO DATE AUDITED IND AS FINANCIAL RESULT OF THE COMPANY PURSUANT TO THE REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED.
To,
the Board of Directors,
M/s. AUSTIN ENGINEERING COMPANY LIMITED,
Village: Patla, Taluka: Bhesan,
Dist. Junagadh.
Report on the Audit of Consolidated Financial Results Opinion
Opinion
-
We have audited the accompanying statement of consolidated annual financial results of Austin Engineering Company Limited, Village: Patla, Taluka: Bhesan, Dist. JUNAGADH - 362030 (hereinafter referred to as the “Holding Company”) and its subsidiary (Holding Company and its subsidiary together referred to as “The Group”) for the quarter ended 31 March, 2026 and the year-to-date results for the period from 1 April, 2025 to 31 March, 2026 attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘LODR Regulations’).
-
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the reports of the other auditors on separate financial statements of the Subsidiaries Company, the statement:
[1] Include the financial results for the year ended 31 March, 2026 of wholly owned subsidiary, Austin Engineering Company - U.S.A. in consolidation.
[2] are presented in accordance with the requirements of Regulation 33 of the LODR Regulations in this regard; and
[3] give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended 31 March, 2026 as well as the year-to-date results for the period from 1 April, 2025 to 31 March, 2026.
Basis for Opinion
- We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the “Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group, its associates and jointly controlled entities in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements
Star Avenue, First Floor, Dr. Radhakrishnan, P.O. Box 100, New Delhi-110 099, India
Phone: 91 34 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44
P.O. Box 100, New Delhi-110 099, India
Phone: 91 34 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44 44
P.O. Box 100, New Delhi-110 099, India
E-mail: cranpura.com | web: www.jcranpura.com |
JCRanpura & Co
Chartered Accountants
under the provisions of the Companies Act, 2013 and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in “Other Matter” paragraph below, is sufficient and appropriate to provide a basis for our opinion.
Board of Directors’ Responsibilities for the Consolidated Financial Results
4 These Consolidated financial results have been prepared on the basis of the consolidated annual financial statements. The Holding Company’s Board of Directors are responsible for the preparation and presentation of these consolidated financial results that give a true and fair view of the net profit and other comprehensive income and other financial information of the Group including its associates and jointly controlled entities in accordance with the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. The respective Board of Directors of the companies included in the Group and of its associates and jointly controlled entities are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and its associates and jointly controlled entities and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated financial results by the Directors of the Holding Company, as aforesaid.
5 In preparing the consolidated financial results, the respective Board of Directors of the companies included in the Group and of its associates and jointly controlled entities are responsible for assessing the ability of the Group and its associates and jointly controlled entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
6 The respective Board of Directors of the companies included in the Group and of its associates and jointly controlled entities are responsible for overseeing the financial reporting process of the Group and of its associates and jointly controlled entities.
Auditor’s Responsibilities for the Audit of the Consolidated Financial Results
7 Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial results.
8 As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
Star Avenue, First Floor, Dr. Radhakrishnan Road, Opp. Manager College, Rajkot - 360 001. | Ph. No 0281-2480035 to 2480037 | email: [email protected] | web: www.jcranpura.com |
JCRanpura & Co
Chartered Accountants
-
Identify and assess the risks of material misstatement of the consolidated financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
-
Conclude on the appropriateness of the Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its associates and jointly controlled entities to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group and its associates and jointly controlled entities to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the consolidated financial results, including the disclosures, and whether the consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group and its associates and jointly controlled entities to express an opinion on the consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated Financial Results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
9 We communicate with those charged with governance of the Holding Company and such other entities included in the consolidated financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
10 We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Star Avenue, First Floor, Dr. Radhakrishnan, P.O. Box 1000, New Delhi 110001
Tel: 91 222 4444 | Fax: 91 222 4455 | E-mail: [email protected] | www.jrcanpura.com | www.jcranpura.com | C
J C Rampura & Co. Chartered Accountants
11 We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the LODR Regulations, as amended, to the extent applicable.
Other Matters
12 The consolidated Financial Results include the audited Financial Results of 01 subsidiary, Nil associates and Nil jointly controlled entities, whose financial statements / financial Results reflect Group’s share of total assets of Rs. 1,197.27 Lakhs as at 31 March, 2026, Group’s share of total revenue of Rs. 908.71 Lakhs and Rs. 4,319.60 Lakhs and Group’s share of total net profit after tax of Rs. 4.97 Lakhs and Rs. 20.54 Lakhs for the quarter ended 31 March, 2026 and for the period from 1 April, 2025 to 31 March, 2026 respectively, as considered in the consolidated Financial Results, which have been audited by their respective independent auditor. These audited annual financial statements have been furnished to us by the Board of Directors and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included in respect of 01 subsidiary, associates and jointly controlled entities is based solely on such audited financial Statements.
13 Our opinion on the consolidated Financial Results is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the Financial Results certified by the Board of Directors.
14 The Financial Results include the results for the quarter ended 31 March, 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the first nine months of the current financial year which were subject to limited review by us.
For J C Rampura & Co.
Chartered Accountants
Firm Registration No.: 108647W
Ketan Y. Sheth
Partner
Membership No. 118411
UDIN: 25118411G ZELHA4601
Place: Rajkot
Date: 27 May, 2026
Star Avenue, First Floor, Dr. Radhakrishnan Road, Opp. Rajkumar College, Rajkot - 360 001.
Ph. No. 0281-2480035 to 2480037 | email : [email protected] | web: www.jcranpura.com |
JCRanpura & Co
Chartered Accountants
INDEPENDENT AUDITOR'S REPORT ON THE QUARTERLY FINANCIAL RESULTS AND YEAR TO DATE AUDITED RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED.
To,
the Board of Directors,
AUSTIN ENGINEERING COMPANY LIMITED,
Village: Patla, Taluka: Bhesan,
Dist. Junagadh.
Report on the audit of the Standalone Financial Results Opinion
Opinion
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We have audited the accompanying standalone quarterly financial results of Austin Engineering Company Limited, Village: Patla, Taluka: Bhesan, Dist. JUNAGADH - 362030 (the “company”) for the quarter ended 31 March, 2026 and the year-to-date results for the period from 1 April, 2025 to 31 March, 2026, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘LODR Regulations’).
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In our opinion and to the best of our information and according to the explanations given to us, these standalone financial results:
[1] are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
[2] give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended 31 March, 2026 as well as the year-to-date results for the period from 1 April, 2025 to 31 March, 2026.
Basis for Opinion
- We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (the “Act”). Our responsibilities under those Standards are further described in the ‘Auditor’s Responsibilities for the Audit of the Standalone Financial Results’ section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act and the Rules framed thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
JCRANPURA & CO
Chartered Accountants
24JED2
Star Avenue, First Floor, Dr. Radhakrishnan Road, 12000, New Delhi - 11000, India. Phone: 911-248-0035 or E-mail: [email protected] | web: www.jcranpura.com | Star Avenue, JCRANPURA & Co. India
JCRanpura & Co
Chartered Accountants
Management’s Responsibilities for the Standalone Financial Results
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These quarterly financial results as well as the year-to-date standalone financial results have been prepared on the basis of the interim financial statements. The Company’s Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, ‘Interim Financial Reporting’ prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
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In preparing the financial results, the Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
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The Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Standalone Financial Results
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Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.
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As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
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Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
1
Star Avenue, First Floor, Dr. Radhakrishnan Road, 1000, Rajkomar College, Rajkot - 360 001
Ph No 0281-2480035 to 2480037 | email : [email protected] | web: www.jcranpura.com |
J C Rampura & Co.
Chartered Accountants
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Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
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Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
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Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.
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Evaluate the overall presentation, structure, and content of the standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
9 We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
10 We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matter
11 The Statement includes the standalone financial results for the quarter ended 31 March, 2026 being the balancing figure between the audited figures in respect of the full financial year ended 31 March, 2026 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
For J C Rampura & Co.
Chartered Accountants
Firm No.: 108647W
Place : Rajkot
Date : 27 May, 2026
Star Avenue, First Floor, Dr. Radhakrishnan Road, Opp. Rajkumar College, Rajkot - 360 001.
Ph. No. 0281-2480035 to 2480037 | email : [email protected] | web: www.jcranpura.com |