Winsol Engineers Approves FY26 Results and Recommends Rs 1 Dividend; Appoints New Independent Director

Winsol Engineers Approves FY26 Results and Recommends Rs 1 Dividend; Appoints New Independent Director

Winsol Engineers Approves FY26 Results and Recommends Rs 1 Dividend; Appoints New Independent Director​

Winsol Engineers Limited announced several key corporate developments following its Board Meeting held on May 30, 2026. The Board approved the company’s audited financial results for the half-year and the full year ended March 31, 2026, and recommended a final dividend of Rs 1 per equity share. Additionally, the company appointed Mr. Niranjan Mishra as an Additional Non-Executive Independent Director.

Financial Results and Dividend Recommendation​

At the board meeting, the directors considered and approved the Audited Standalone and Consolidated financial results for the half-year and the financial year ended March 31, 2026. The financial statements were accompanied by an Audit Report carrying an unmodified opinion.

The company’s Board of Directors recommended a final dividend of Rs 1 (Rupees One only) per Equity share, which has a face value of Rs 10 per equity share. This dividend is subject to the approval of the members at the ensuing Annual General Meeting.

The consolidated financial results for the half year and the year to date show the following key figures:

MetricHalf Year Ended March 31, 2026 (Rs in Lakh)Year to Date (Rs in Lakh)
Activities before tax1,068.571,618.35
From operations743.041,178.68
From other sources573.901439.40
Net Worth6,387.424,948.27
Basic & Diluted EPS6.4410.22
Debt Equity Ratio1.070.34

Governance and Board Appointments​

The Board also approved the appointment of Mr. Niranjan Mishra as an Additional Non-Executive Independent Director. His appointment is effective from May 30, 2026, or the date of obtaining a valid Director Identification Number (DIN) from the Ministry of Corporate Affairs, whichever is later. The terms of his appointment as an Independent Director will be for a period of five years, subject to the approval of the shareholders at the Annual General Meeting.

Mr. Niranjan Mishra is an Industrial Engineer with over 40 years of experience in project management, operations, quality management, and training. He has previously worked with leading organizations, including Larsen & Toubro, Suzlon Energy Limited, Reliance Communications, and Videocon Telecommunications.

Key Financial Statements Overview​

The company presented detailed audited statements for the period.

The Standalone Audited Statement of Assets and Liabilities as at March 31, 2026, indicated the following total values:

ComponentAmount (Rs in Lakh)
Total Equity and Liabilities15,760.60
Total Assets15,760.60
Share Capital1,153.52
Reserves and Surplus5,233.89
Property, Plant and Equipments4,061.35
Inventory3,772.84
Trade Receivables5,019.27

The audited Cash Flow Statement for the year ended March 31, 2026, showed the following details for cash generation and usage:

ActivityCurrent Year (Rs in Lakh)Previous Year (Rs in Lakh)
Net Cash Generated/Used in Operations2,002.621,558.91
Cash flow from Investing activities(5,090.71)N/A
Cash flow from Financing activities2,834.532,350.28
Net Increase/(Decrease) in Cash and Cash Equivalents12.1514.98

WINSOL Stock Price Movement​

Winsol Engineers Limited shares slipped by 1.45% on Friday, settling at ₹130.45. The equity experienced a total trading volume of 2,000 shares during the session.
 

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