Cranex Ltd

Cranex Limited submitted to the Bombay Stock Exchange a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as confirmed by Beetal Financial & Computer Services (P) LTD., the company’s Registrar and Share Transfer Agent.

Cranex Ltd. is down 2.31% to Rs 94.4 today, after rising recently and jumping 19.48% over the last week. Cranex Limited announced it has received a Letter of Award from South Central Railway, Vijayawada, Andhra Pradesh, for the manufacture and supply of a 25/5T EOT Crane, valued at approximately Rs 1,06,81,360. The order, awarded domestically, requires product delivery by May 20th, 2027, and does not involve any related party transactions or promoter group interests. The company disclosed this information in compliance with SEBI’s Listing Obligations and Disclosure Requirements. Trading volume reached 8175 shares today, a surge of 520.26% compared to the average volume over the last one week. Cranex Ltd grew by 18.40% year-over-year, outperforming the 9.98% loss recorded by the NIFTY50 index.

Cranex Limited announced that shareholders at its 51st Annual General Meeting on September 29th, 2026, approved the re-appointment of Mr. Piyush Agrawal as Managing Director for five years, effective October 1st, 2026, through September 30th, 2031, and Mr. Chaitanya Agrawal as Whole-Time Director for the same period. The company also appointed M/s. Parveen Rastogi & Co. as Secretarial Auditors for a term of five years, from financial year 2026-27 to financial year 2030-31.

Cranex Limited informed the Bombay Stock Exchange that the trading window for its securities will be closed for directors and designated persons, and their immediate relatives, from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the second quarter ended September 30, 2026.

Cranex Ltd. currently trades at Rs 74.21, after declining 5.13% over the last week. Cranex Limited announced it has secured new orders totaling Rs 7,17,78,560 for the manufacture and supply of various products. These include a Rs 1,33,42,600 order from BHEL Chanjuji for Double Girder EOT Crane Package for the HPPCL CHANJU STAGE III HEP, and a Rs 5,84,35,960 purchase order from DEE VEE Projects Limited for materials handling systems. The orders, both awarded by domestic entities, are expected to be executed by February 14, 2027, and May 17, 2027, respectively, and do not involve related parties or promoter interests. Trading volume totaled 2919 shares today, a decrease of 7.13% from the one-week average volume. Cranex Ltd edged lower by 15.56% year-over-year, underperforming the 7.09% loss in the NIFTY50 index.

Cranex Limited announced it has received a Letter of Award for a new order valued at approximately Rs 1,87,44,300 from Eastern Railway, West Bengal, for the supply, installation, and commissioning of Traverser (Surface Type) - 80 TON. The order, awarded on 27th August 2026, requires the delivery of products by 25th May 2027 and does not involve any related party transactions; Cranex intends to fulfill the contract at arm’s length.

Cranex Limited announced it has received a Letter of Award for a new order valued at Rs 1,02,15,850 from North Central Railway, Jhansi, for the manufacture and supply of 50T EOT Cranes with accessories, with delivery expected by February 17, 2028. The order is considered a domestic contract and does not involve any related party transactions or interest from the company’s promoters or group entities.

Cranex Ltd share price declined by 2.40% to Rs 92.18 after the company's net profit tanked by 72.88% to Rs 0.32 crore, while revenue from operations dropped sharply 54.86% to Rs 9.89 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.7 lakh crore, gaining 3.63%. It has slipped by 0.28% over last one week and spiked sharply by 41.59% in last one month while the market capitalization of Cranex Ltd has eased by 0.90% and 36.83% in the same period respectively. Profit before tax (PBT) of Cranex Ltd stood at Rs 0.43 crore in Q2 FY26, jumping 38.71% year-on-year, and plunging by 73.78% quarter-on-quarter. EBITDA came in at Rs 1 crore, rising 3.45% YoY and tanking 65.91% sequentially. Total expenses slumped by 53.74% to Rs 9.28 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 8.98 crore, contracting by 16.39% YoY, while employee benefits expense was at Rs 1.64 crore, seeing a marginal contraction of 6.82% YoY. For the TTM ended FY26, revenue from operations fell 17.02% to Rs 51.54 crore, while net profit soared by 30% to Rs 1.95 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 93% to Rs 3.71 crore, and PBT expanded by 17.21% to Rs 2.52 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1.78 crore in FY26, as against Rs 1.12 crore in FY25. Cranex Ltd rallied 13.41% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.83% during the same period.

Cranex Limited will hold a meeting of its Board of Directors on Thursday, August 13, 2026, at 3:00 P.M. to consider and approve the unaudited financial results (standalone and consolidated) of the company along with a limited review report from auditors for the first quarter ended June 30, 2026, in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; the trading window for equity shares will remain closed for 48 hours after the declaration of the financial results.

Cranex has received fresh orders aggregating to approximately Rs. 18,52,38,040/- for manufacturing and supply of various EOT Cranes and related products. The fresh orders received by the Company include orders from BHEL and Indian Railways for workshop infrastructure projects. In addition, the Company's existing order book includes orders from BEML for railway projects including the Vande Bharat programme and orders for defence sector projects across India. With the addition of the aforesaid orders, the Company's total order book has crossed Rs. 100 crore.