Gujarat Inject Announces Strong Q1 FY27 Results, Appoints New Managing Director and Advances Strategic Name Change

Gujarat Inject Announces Strong Q1 FY27 Results, Appoints New Managing Director and Advances Strategic Name Change​

Vadodara, Gujarat - July 15, 2026: Gujarat Inject (Kerala) Limited today announced its standalone un-audited financial results for the first quarter of fiscal year 2027 (Q1 FY27). The company reported a robust performance, highlighting significant growth as it transitions rapidly into the solar and clean energy sector.

The Board of Directors approved the Q1 FY27 financial results, reporting strong figures across revenue and profitability. Simultaneously, the company announced the appointment of Mr. Murli Shivshankaran Nair as Managing Director and advanced its strategic name change to REGENOVA RENEWTECH LIMITED, aligning with its focus on renewable energy solutions.

Financial Performance Highlights​

Gujarat Inject delivered a spectacular year-on-year rise in revenue. Revenue from Operations for Q1 FY27 stood at Rs. 12.45 Crore, representing a 414.4% growth compared to the Rs. 2.42 Crore recorded in Q1 FY26.

The standalone Net Profit (PAT) also saw a massive increase, reaching Rs. 1.25 Crore in Q1 FY27 from Rs. 0.07 Crore in the corresponding quarter of the previous fiscal year. While sequential revenue moderated to Rs. 12.45 Crore after the exceptional peak order-delivery quarter of Q4 FY26 (Rs. 30.70 Crore), the company's profitability remains highly resilient. The standalone PAT achieved in the first quarter of FY27 accounts for 69% of the total Standalone PAT recorded for the entire full year of FY26, which stood at Rs. 1.81 Crore.

Earnings Per Share (EPS) for Q1 FY27 was reported at Rs. 0.86 per share, up substantially from Rs. 0.05 in Q1 FY26.

The consolidated financial performance across key periods is detailed below:

Leadership and Strategic Transition​

The Board of Directors, during its meeting on July 6, 2026, approved the appointment of Mr. Murli Shivshankaran Nair as an Additional Director, designated as the Managing Director of the company. This appointment is effective from July 6, 2026, for a tenure of three years, pending approval by members at the forthcoming general meeting.

Mr. Nair brings extensive expertise in manufacturing, administration, and corporate development, making him qualified to guide the company’s growth roadmap within the clean tech sector.

Furthermore, the Board approved the proposal on July 14, 2026, to change the company name from "Gujarat Inject (Kerala) Limited" to "REGENOVA RENEWTECH LIMITED." This rebranding is intended to reflect the company's active diversification into the renewable energy segment and its expanding footprint in Solar PV module distribution.

This strategic transition is supported by the company’s involvement in executing major solar infrastructure orders and operating its own 5MW solar project located in Jakasana, Mehsana, Gujarat. Consequent to the name change, Clause I of the Memorandum of Association and corresponding Articles of Association will be altered.

Mr. Murli Shivshankaran Nair commented on the progress, stating that the robust financial results for Q1 FY27 reflect the inherent strength of the new strategic direction. He added that moving towards a unified brand under REGENOVA RENEWTECH LIMITED signals the company's commitment to clean energy and long-term value creation, maintaining a focus on execution and scaling its operational platform efficiently.

Stock Price Movement​

As of 12:53, shares of Gujarat Inject Kerala Ltd are ticking up at ₹13.80, representing a strong gain of 2.60%. The equity has shown movement during the session, trading between an intraday low of ₹13.45 and a high of ₹13.90.