Windsor Machines Ltd

Windsor Machines Ltd: FY26 Financial Update & Strategic Shifts 📊🏭

- Auditors issued an unmodified opinion on Windsor Machines Limited's consolidated financial results for the quarter and year ended March 31, 2026.

- Revenue from operations for the year ended March 31, 2026 was Rs. 57,049.57 lakhs, compared to Rs. 36,872.11 lakhs in the previous year.

- Net profit after tax for the year was Rs. 64.23 lakhs, a significant improvement from a loss of Rs. 322.55 lakhs in the prior year.

- The company completed the acquisition of Unitech Workholding Systems Private Limited on February 10, 2026, for Rs. 4,200 lakhs, recognizing goodwill of Rs. 3,715.37 lakhs.

- A scheme of amalgamation with wholly-owned subsidiary Global CNC Private Limited was approved effective April 1, 2025, and implemented in the financial statements.

- The company shifted manufacturing plants to a new facility in Chibhda, Rajkot, incurring one-time costs of Rs. 215 lakhs for Injection machinery and Rs. 266.64 lakhs for Extrusion machinery, along with worker settlements totaling Rs. 1,161.61 lakhs.

- Wintal Machines SRL, Italy (100% subsidiary), entered judicial liquidation as of December 30, 2024, with no expected proceeds; full provisions were made in prior periods.

- Auditors did not audit one subsidiary with total assets of Rs. 1,594.45 lakhs and revenue of Rs. 503.11 lakhs for the period; reliance was placed on another auditor's report.

- Mr. Dharmendra Becharbhai Varasada was appointed as an Additional Executive Director, and Mr. Vinit Dharamshibhai Bediya resigned as Non-Executive Director due to personal commitments.

- Approved audited standalone and consolidated financial results for Q4 and FY ending March 31, 2026, with unmodified audit opinion.

- Appointed Mr. Dharmendra Becharbhai Varasada (DIN: 09176580) as Executive Director effective May 9, 2026.

- Accepted resignation of Mr. Vinit Dharamshibhai Bediya (DIN: 07915192) as Non-Executive Director and committee member effective May 9, 2026.

- Reappointed Moore Singhi Advisors LLP as Internal Auditor and Ashish Bhavsar & Associates as Cost Auditor for FY 2026-27.

- Approved sale of industrial plots at Wagale Thane, Maharashtra (Plot E-6 and E-6A, total 21,912 sq. meters), with no impact on business operations.

- Revenue from operations for Q4 FY26 was ₹18,066.77 lakhs, and for FY26 was ₹56,651.86 lakhs.

- Net profit after tax for Q4 FY26 was ₹215.12 lakhs, while FY26 saw a net loss of ₹443.35 lakhs.

- Earnings per share (EPS) for FY26 was negative ₹0.52 (basic and diluted).

- Completed acquisition of Unitech Workholding Systems Private Limited on February 10, 2026, for ₹4,200 lakhs, recognizing goodwill of ₹3,715.37 lakhs.

- Shifted manufacturing plants to Chibhda, Rajkot, with one-time costs of ₹266.64 lakhs (extrusion) and ₹215 lakhs (injection), and worker settlements totaling ₹1,161.61 lakhs.

- Received NCLT approval for amalgamation of Global CNC Private Limited with Windsor Machines effective April 1, 2025, restating financials accordingly.