Batliboi Acquires Penta and PAtS, Expanding Footprint into Industrial Automation and Robotics

Batliboi Acquires Penta and PAtS, Expanding Footprint into Industrial Automation and Robotics

Batliboi Acquires Penta and PAtS, Expanding Footprint into Industrial Automation and Robotics​

Batliboi Limited, a reputed engineering company specializing in machine tools, air engineering, textile machinery, and environmental engineering, has announced the acquisition of specialized industrial automation firm Penta Automation Systems Private Limited. The deal establishes Batliboi’s presence in the rapidly growing segment of industrial automation and robotics integration services.

The combined transaction, valued at INR 20 crore, sees Batliboi take over Penta, which is a provider of customized industrial automation solutions. Through this acquisition, Batliboi will also indirectly gain control of Pats Robotics Private Limited (PAtS), a group company of Penta operating in the same industry space.

Transaction and Financial Structure​

The acquisition of Penta is valued at INR 19.8 crore. Batliboi will acquire 100% of Penta’s equity share capital, comprising 10,94,200 equity shares, which have a face value of Rs. 10 each, translating to an implied per-share value of INR 180.98.

The acquisition structure involves two stages of consideration:

  • Upfront Consideration: Batliboi will acquire an 80% stake in Penta immediately for an upfront cash payment of INR 15.84 crores.
  • Deferred Consideration: The remaining 20% equity stake, valued at INR 3.96 crores, will be acquired via a deferred consideration mechanism. This amount is scheduled to be paid in five equal annual instalments starting April 1, 2027.

The shares are being acquired from two existing shareholder groups: Manders Industries B.V., Netherlands (which holds a 49% stake), and the Company’s founders, Mr. Dharmesh Mistry and Ms. Avani Mistry (who collectively hold the remaining 51% stake).

PAtS will become a wholly owned subsidiary of Penta before the final acquisition is completed. Batliboi will fund INR 0.2 crore for this prerequisite acquisition on Closing. Consequently, PAtS will become an indirect wholly owned subsidiary of Batliboi through Penta upon closing.

The acquisition is scheduled to be completed by July 31, 2026.

Performance and Operational Scope​

Penta and PAtS are headquartered in Umbergaon, Gujarat, and provide specialized industrial automation solutions and robotics integration services designed to boost productivity, efficiency, and operational reliability for manufacturing industries.

The financial history of Penta demonstrates consistent growth:
Financial YearRevenue from Operations (INR)
FY23-2420.31 crores
FY24-2519.93 crores
FY25-2625.17 crores

Regarding the combined business unit, PAtS reported revenue from operations of INR 3.61 crores in FY2025-26, and the combined revenue of the Penta Group for FY2025-26 was Rs. 25.17 crores.

Strategic Rationale and Management Commentary​

The acquisition significantly advances Batliboi's strategic roadmap by providing critical entry into the industrial automation and robotics segment. This move is viewed as a diversification effort that complements Batliboi’s existing business in capital goods and machine tools, adding deep automation expertise and proven execution capabilities.

Management expressed enthusiasm for the combined entity. According to the company, Penta has developed strong capabilities in customized solutions and established a reputation for technical excellence with major blue-chip clients such as SKF, Tenneco, Schaeffler, and Siemens.

Founders Mr. Dharmesh Mistry and Ms. Avani Mistry will continue to lead operations of Penta under the management and control of Batliboi Limited through employment by Penta for a period of five years. The company anticipates that this acquisition will create long-term value for customers and shareholders within a high-growth market.

BATLIBOI Stock Price Movement​

Today, shares of Batliboi Limited surged, settling at ₹90.13 after the equity rallied a robust 10.35%. The trade closed on heavy volume, with the stock having achieved its 52-week high while trading within an intraday range from ₹80.82 to ₹97.45.
 

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