All E Technologies Approves Dividend, Reappointment, and Audited Financial Results for FY2026
All E Technologies Limited announced the outcomes of its Board of Directors meeting held on May 28, 2026. The company approved the audited Standalone and Consolidated Financial Results for the quarter (Q4), half year (H2), and financial year ended March 31, 2026.The Board of Directors recommended a final dividend of Rs. 1.5/- per Equity Share, corresponding to 15% of the face value of the equity share. This dividend is subject to the approval of the company's shareholders at the ensuing Annual General Meeting.
The Board also recommended the re-appointment of Dr. Suman Mian, who will retire by rotation at the upcoming Annual General Meeting.
Audited Financial Performance and Audit Opinion
The company's statutory auditors, M/s. Suresh & Associates, issued an unmodified opinion on the Standalone Annual Financial Results of All E Technologies Limited for the financial year ended March 31, 2026. Similarly, the auditors provided an unmodified opinion on the Consolidated Annual Financial Results of the Group for the same period.The board approved the presentation of the financial results, which include the Standalone and Consolidated Balance Sheets, Statements of Profit and Loss, and Cash Flow Statements for the period ending March 31, 2026.
Key Financial Highlights
The Standalone Balance Sheet of All E Technologies Limited saw significant changes between March 31, 2025, and March 31, 2026.| Particulars | As at 31st March 2026 (Audited) | As at 31st March 2025 (Audited) |
|---|---|---|
| TOTAL EQUITY AND LIABILITIES | ||
| Share Capital | 2019.42 | 2019.42 |
| Reserves and Surplus | 12453.05 | 10706.07 |
| Long Term Borrowings | 4422 | 5127 |
| Total Equity and Liabilities | 17562.03 | 15109.45 |
| TOTAL ASSETS | ||
| Non-Current Investments | 128191 | 413.36 |
| Other Non Current Assets | 23.83 | 181.66 |
| Total Assets | 17262.03 | 15109.43 |
The Consolidated Balance Sheet as at March 31, 2026, reported a total of 352377, compared to 2413.79 as at March 31, 2025.
Fund Utilization and Deviation Report
Regarding the utilization of proceeds from its Initial Public Offering (IPO) of Rs. 4,377.60 Lakh, the company confirmed that a deviation in the use of funds has occurred. This variation was approved by the shareholders on September 27, 2024.The management explained that the deviation allows the company to have additional funds available for future inorganic growth initiatives, as the originally allocated funds may be insufficient for sizable acquisitions.
The Statement of Deviation and Variation provided the following details of fund utilization for the half year (H2) ended March 31, 2026:
| Original Object | Original Allocation (Rs. lakh) | Modified Allocation | Amount utilized till March 31, 2026 (Rs. lakh) | Amount of deviation/ variation for H2 |
|---|---|---|---|---|
| Expansion of Business | 2,500 | Expansion of Business, AND Acquisitions of Businesses | 425.00 | N.A. |
| Acquisitions of Businesses | 1,000 | N.A. | Nil | N.A. |
| General Corporate Purposes | 435.38 | General Corporate Purposes, AND Acquisitions of Businesses | Nil | N.A. |
| Offer related expenses | 442.22 | Offer related expenses, AND Acquisitions of Businesses | 426.72 | N.A. |
***
Board Director Profile
Details were provided regarding the re-appointment of Dr. Suman Mian, who is the spouse of the Managing Director, Dr. Ajay Mian.| Detail | Information |
|---|---|
| Name of Director | Dr. Suman Mian |
| DIN | 00170357 |
| Date of Birth | April 24, 1958 |
| Date of First Appointment | June 17, 2000 |
| Qualification | M.S. and M.B.B.S. |
| Shareholding in the Company | 0.792% |
| Relationship | Spouse of Dr. Ajay Mian, Managing Director |
ALLETEC Stock Price Movement
Shares of All E Technologies Limited on Wednesday slipped by 2.45% to close at ₹163, shedding ₹4.10 from its previous trading level. The stock saw a relatively light session, moving on a total traded volume of 8,400 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: