GNA Axles Declares Audited FY26 Results: Standalone Net Profit Rises to Rs. 11,699.94 Lacs; Board Approves Rs. 25.00 Crore Investment in Subsidiary

GNA Axles Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, as approved by the Board of Directors at its meeting held on May 08, 2026. The statutory auditors, G.S. Syal & Co., Chartered Accountants, issued an unmodified opinion on both the standalone and consolidated financial statements prepared under the Companies Act, 2013 and SEBI Listing Regulations, 2015.

Standalone Financial Performance

On a standalone basis, GNA Axles reported revenue from operations of Rs. 1,47,841.83 lacs for FY26, compared to Rs. 1,53,974.07 lacs in FY25. Despite the moderation in revenue, the company improved its profitability, with net profit for the period rising to Rs. 11,699.94 lacs from Rs. 10,712.21 lacs in the previous year. Total income for FY26 stood at Rs. 1,48,140.83 lacs against Rs. 1,54,235.12 lacs in FY25. The following table summarises the key standalone financial metrics:

Metric: Q4 FY26 (31/03/2026) Q4 FY25 (31/03/2025) Q3 FY26 (31/12/2025) FY26 (Year Ended) FY25 (Year Ended) Revenue from Operations (Rs. lacs): 41,094.32 37,750.16 37,532.62 1,47,841.83 1,53,974.07 Other Income (Rs. lacs): 49.83 98.27 86.49 299.00 261.05 Total Income (Rs. lacs): 41,144.15 37,848.43 37,619.11 1,48,140.83 1,54,235.12 Total Expenses (Rs. lacs): 37,492.21 34,430.78 32,879.35 1,32,371.15 1,39,808.30 Profit Before Tax (Rs. lacs): 3,651.94 3,417.65 4,739.76 15,769.68 14,426.82 Net Profit for the Period (Rs. lacs): 3,081.54 2,544.80 3,196.23 11,699.94 10,712.21 Basic EPS (Rs.): 7.18 5.93 7.45 27.25 24.95 Diluted EPS (Rs.): 7.18 5.93 7.45 27.25 24.95

Standalone total expenses for FY26 were Rs. 1,32,371.15 lacs, down from Rs. 1,39,808.30 lacs in FY25. Cost of material consumed stood at Rs. 92,494.87 lacs, employee benefit expenses at Rs. 8,720.58 lacs, depreciation at Rs. 7,003.82 lacs, finance costs at Rs. 1,324.83 lacs, and other expenses at Rs. 24,832.98 lacs for FY26. Reserves excluding revaluation reserves stood at Rs. 96,161.63 lacs as at March 31, 2026, compared to Rs. 85,728.89 lacs as at March 31, 2025.

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries GNA Axles Inc. Michigan and G N A Mobility Limited, the company reported revenue from operations of Rs. 1,47,841.83 lacs for FY26 and total income of Rs. 1,48,140.83 lacs. Consolidated net profit for the period was Rs. 11,695.09 lacs for FY26, compared to Rs. 10,709.49 lacs in FY25. The consolidated profit before tax for FY26 stood at Rs. 15,764.83 lacs against Rs. 14,424.10 lacs in FY25. Consolidated basic and diluted EPS for FY26 were Rs. 27.24 each. The auditors noted that GNA Axles Inc. Michigan reported a net operating loss of $5,013.73, based on accounts reviewed by certified public accountant Alina Rits of RITS Accounting PC, Birmingham, Michigan, with no adverse remarks.

Balance Sheet Highlights

The standalone total assets of GNA Axles as at March 31, 2026 stood at Rs. 1,52,020.53 lacs, up from Rs. 1,36,512.38 lacs as at March 31, 2025. Key balance sheet items are presented below:

Parameter: Standalone 31.03.2026 (Rs. lacs) Standalone 31.03.2025 (Rs. lacs) Consolidated 31.03.2026 (Rs. lacs) Consolidated 31.03.2025 (Rs. lacs) Property, Plant and Equipment: 45,890.76 40,563.52 45,890.76 40,563.52 Capital Work in Progress: 3,465.92 15.03 3,465.92 15.03 Total Non-Current Assets: 52,236.83 45,572.20 52,231.87 45,567.24 Inventories: 24,774.06 19,364.23 24,774.06 19,364.23 Trade Receivables: 61,090.30 63,833.98 61,090.30 63,833.98 Total Current Assets: 99,783.70 90,940.18 99,789.17 90,946.03 Total Assets: 1,52,020.53 1,36,512.38 1,52,021.04 1,36,513.27 Total Equity: 1,00,454.71 90,021.98 1,00,411.34 89,992.00 Non-Current Borrowings: 9,563.92 10,060.21 9,563.92 10,060.21 Current Borrowings: 8,823.79 14,320.71 8,823.79 14,320.71

Dividend and Subsidiary Investment

The Board of Directors recommended a dividend of Rs. 3/- per equity share for the year ended March 31, 2026, subject to approval by shareholders at the next Annual General Meeting and payable within prescribed timelines. In a separate significant development, the Board approved an investment of Rs. 25.00 crores in G N A Mobility Limited, a wholly owned subsidiary, in the form of equity. The investment will be made in one or more tranches as per the financial requirements of G N A Mobility Limited to meet its capex, operational expenditure, and working capital needs. Key details of this investment are as follows:

Parameter: Details Target Entity: G N A Mobility Limited Industry: Automotive Components Investment Amount: Up to Rs. 25.00 Crores (Equity) Nature of Consideration: Cash Shareholding of GNA Axles in Entity: 99.99% Date of Incorporation: February 22, 2025 Regulatory Approvals Required: None Operational Status: Pre-revenue stage; expected to start operations in FY 2026-27

CSR and Compliance Highlights

The company's CSR budget for FY 2025-26 was Rs. 3,00,49,770/-, and the company spent Rs. 3,09,99,318/- on CSR activities during the financial year, with no unspent CSR amount as on March 31, 2026. The auditors confirmed that the company has not defaulted in repayment of loans or borrowings, has been regular in depositing statutory dues, and has not incurred cash losses during the financial year under audit or in the immediately preceding financial year. The company's accounting software maintained an audit trail (edit log) facility that operated throughout the year for all relevant transactions, with no instances of tampering detected. The entire operations of the company relate to a single segment, namely "Auto Components," and accordingly, segment reporting disclosures are not applicable.

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