Affordable Robotic & Automation Limited Approves Authorized Share Capital Increase and Rs. 15 Crore Preferential Issue

Affordable robotic & automation Limited's board of directors has approved major capital restructuring initiatives during their meeting held on February 18, 2026. The decisions include a substantial increase in authorized share capital and a significant preferential equity issuance to strengthen the company's financial position. Authorized Share Capital Enhancement The board approved increasing the company's authorized share capital from Rs. 12,00,00,000 to Rs. 20,00,00,000. This expansion involves creating additional 80,00,000 equity shares of Rs. 10 each, effectively increasing the total authorized equity shares from 1,20,00,000 to 2,00,00,000. Parameter: Current Structure Proposed Structure Authorized Capital: Rs. 12,00,00,000 Rs. 20,00,00,000 Number of Shares: 1,20,00,000 2,00,00,000 Face Value per Share: Rs. 10 Rs. 10 Additional Shares: - 80,00,000 The capital increase requires consequent alteration in the Memorandum of Association and is subject to member approval. Preferential Equity Issuance Details The company's board approved a preferential issuance of up to 6,04,839 equity shares to Atri Energy Transition Private Limited, a non-promoter entity. The issuance parameters demonstrate the company's strategic fundraising approach. Issuance Details: Specifications Number of Shares: Up to 6,04,839 Face Value: Rs. 10 per share Issue Price: Rs. 248 per share Share Premium: Rs. 238 per share Total Amount: Rs. 15,00,00,072 Investor Category: Non-Promoter Post-Allotment Shareholding Structure Upon completion of the preferential issuance, Atri Energy Transition Private Limited will acquire a meaningful stake in the company. The investor, currently holding no shares in the company, will obtain 6,04,839 equity shares representing 5.10% of the post-issue capital. Investor Details: Pre-Issue Post-Issue Atri Energy Transition Pvt Ltd: NIL 6,04,839 shares Percentage Holding: 0% 5.10% Investment Category: - Non-Promoter Public Regulatory Compliance and Next Steps The board meeting, which commenced at 4:20 p.m. and concluded at 6:00 p.m., was conducted at the company's registered office. The decisions comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also approved the draft notice for convening an Extra-Ordinary General Meeting through postal ballot or video conferencing to seek shareholder approval for the proposed resolutions. The issue price determination will follow SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 guidelines. Both the authorized share capital increase and preferential issuance require shareholder approval before implementation, ensuring proper corporate governance protocols are maintained throughout the capital restructuring process. Affordable Robotic & Automation Limited conducted its earnings conference call on February 13, 2026, with investors and analysts to discuss Q3 FY26 financial results and strategic developments. The complete transcript was officially filed with BSE and NSE on February 18, 2026, under SEBI Regulation 30. Management Team and Call Overview The earnings call was led by key management personnel including Mr. Milind Padole (Promoter and Managing Director), Mr. Rahul Padole (Executive Director - Marketing), Mr. Sengunthar Dakshnamurthy Kalidas (Chief Financial Officer), and Mr. Robinson Philipose (Co-founder and CEO, RaaS/Humro). Parameter Details Call Date February 13, 2026 Transcript Filed February 18, 2026 Regulation SEBI Regulation 30 Current Order Book ₹130.00 crores Humro Lease Orders ₹8.00 crores Nine-Month Financial Turnaround Performance The management emphasized the company's historic turnaround to profitability during the nine-month period, marking a significant operational milestone. Metric 9M FY26 9M FY25 Change Standalone Revenue ₹60.66 crores ₹76.21 crores -20.40% Standalone EBITDA ₹5.96 crores ₹0.58 crores +935.50% Standalone PAT ₹0.94 crores (₹3.44 crores) +127.00% Consolidated Revenue ₹68.38 crores ₹78.70 crores -13.10% Consolidated EBITDA ₹7.33 crores (₹9.89 crores) Loss to Profit Consolidated PAT ₹2.19 crores (₹13.95 crores) +116.00% Cost Optimization and Operational Efficiency During the call, CFO Murthy detailed significant cost reduction initiatives that drove the profitability turnaround, with total expenses reduced by approximately 28.00%. Cost Category Reduction Achieved Material Costs ~30.00% reduction Employee Costs ~31.00% reduction Total Expense Reduction ~28.00% Employee Structure Change 200 on roll, 200 on contract Order Book Performance and Business Development The management provided detailed order book analysis showing strong booking performance across both automation and car parking verticals. Vertical Opening Orders New Bookings Delivered Closing Orders Automation ₹32.59 crores ₹59.86 crores ₹39.28 crores ₹53.17 crores Car Parking ₹24.73 crores ₹72.01 crores ₹19.79 crores ₹76.95 crores Total ₹57.32 crores ₹131.87 crores ₹59.07 crores ₹130.12 crores Humro (RaaS) US Operations and Expansion Plans Co-founder Robinson Philipose detailed ambitious expansion plans for the US subsidiary, targeting significant robot deployment by March 2027. Parameter Details Target Deployment 225 robots by March 2027 Monthly Revenue per Robot $2,500.00 Projected Monthly Revenue $562,500.00 (at full deployment) Current US Dealers 3 partners IRR on Lease Model 71.00% POC Success Rate 90.00%+ (technical criteria) POC to Order Conversion 20.00-25.00% (improving to 50.00%) Strategic Partnerships and Fund Raising The management discussed the Sai Green investment of ₹15.00 crores and potential for autonomy stack monetization across various applications. Investment Details Information Sai Green Investment ₹15.00 crores Investment Route Preferential allotment Target Market Share 1.00-2.00% of US forklift market US Annual Forklift Sales 750,000 units Autonomy Stack Applications 7 layers for monetization Key Investor Q&A Highlights During the extensive Q&A session, management addressed concerns about revenue guidance, operational challenges, and growth prospects. Key points included: Q4 FY26 revenue expected to match historical levels of ₹74.00-76.00 crores standalone Indian business growth target of 20.00-30.00% for next year Humro lease model generating ₹8.00 crores over two years from 13 deployed equipments Focus on profitability over top-line growth in current restructuring phase Future Outlook and Strategic Direction Managing Director Milind Padole emphasized the company's positioning for a "J-curve" growth trajectory, leveraging four years of technology development and strategic partnerships for scaled deployment. Strategic Focus Details Technology Monetization Autonomy stack licensing Market Expansion Europe entry post-US success Revenue Model Shift from POC to guaranteed adoption Operational Efficiency Maintained cost optimization Source: Official earnings call transcript filed with BSE and NSE under SEBI Regulation 30 We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. 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