
Patil Automation Increases Stake in Mii Robotics to 70% to Strengthen Defence Automation Presence
Patil Automation Limited, a key provider of turnkey welding, assembly, and robotics-integrated automation solutions, has announced that its Board of Directors approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited. This transaction increases Patil Automation's shareholding in Mii Robotics from 60% to 70%.The increased ownership is intended to reinforce Patil Automation's strategic focus on expanding capabilities within the rapidly evolving defence automation segment. The acquisition is anticipated to be completed within 30 days, subject to customary closing formalities. This greater integration between the two companies aims to deepen collaboration in developing specialized automation solutions for defence applications and strengthen operational alignment.
Mii Robotics Private Limited, established in 2017, is a Pune-based company specializing in automation solutions for the defence and aerospace sectors. The company designs and manufactures standard machines for grinding and processing applications while providing automation consultancy and technical support services. Mii Robotics has significant expertise in executing specialized defence automation projects, including artillery shell handling manufacturing lines, shell nub welding lines, ultrasonic testing lines, and bullet manufacturing lines, maintaining a strong order book across these high-value segments.
Commenting on the development, Mr. Manoj Patil, Promoter and Managing Director of Patil Automation Limited, stated that increasing the stake reflects confidence in Mii Robotics' technological capabilities and commitment to strengthening their presence in this high-potential sector. He added that with greater integration, they aim to enhance automation offerings and leverage operational synergies to create sustainable value for customers and stakeholders.
Company Profiles and Operational Scope
Patil Automation Limited (PAL), founded in 2015 and headquartered in Pune, is a comprehensive automation solutions provider serving both automotive and non-automotive industries. The company offers end-to-end automation systems—including design, manufacturing, testing, installation, modification, and maintenance services—for sectors such as electric vehicles (EV), defence, construction equipment, renewable energy, white goods, and general engineering.PAL's diverse product range includes welding lines, assembly lines, special purpose machines (SPMs), and material handling systems engineered to improve precision, productivity, and scalability in modern manufacturing setups. The company operates three advanced manufacturing facilities at MIDC Chakan, Pune, covering approximately 2 lakh sq. Ft., with a combined annual production capacity of around 3,454 units. PAL has delivered automation projects across more than 10 countries and maintains a strong domestic presence in key manufacturing hubs including Maharashtra and Haryana.
Financial Performance Highlights for FY26
Patil Automation Limited reported consistent operational and financial growth in the fiscal year 2026. Key financial metrics are as follows:| Metric | Value (FY26) |
|---|---|
| Total Income | ₹172.79 crore |
| EBITDA | ₹30.65 crore |
| Net Profit | ₹19.07 crore |
PATILAUTOM Stock Price Movement
On Friday, Patil Automation Limited stock gained strongly, finishing at ₹210.75 after climbing 4.98%. This positive performance was achieved in a highly active session, which saw the equity trade within a range spanning from a low of ₹204.00 and involved a volume of 77,400 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.
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