Pradeep Metals Ltd

Pradeep Metals Limited announced that at its 43rd Annual General Meeting on August 7, 2026, members re-appointed Dr. Kewal Krishan Nohria as a non-executive non-independent director liable to retire by rotation, and re-appointed Mr. Pradeep Goyal as Chairman & Managing Director for a period of three years, effective December 17, 2026.

Pradeep Metals Ltd share price inched up 1.90% to Rs 518.65 after the company's net profit fell 19.09% to Rs 8.35 crore, while revenue from operations improved marginally 3.02% to Rs 93.71 crore in Q2FY26 over Q1FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 11.11 lakh crore, easing 5.52%. It has marginally improved by 3.70% over last one week and heading higher by 12.05% in last one month while the market capitalization of Pradeep Metals Ltd has softened by 0.05% and 28.65% in the same period respectively. Profit before tax (PBT) of Pradeep Metals Ltd stood at Rs 10.69 crore in Q2 FY26, surging by 49.51% year-on-year, and nosediving by 18.21% quarter-on-quarter. EBITDA came in at Rs 12 crore, expanding by 36.50% YoY and tumbling by 24.41% sequentially. Total expenses grew marginally by 7.68% to Rs 82.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 44.38 crore, marginally falling by 0.74% YoY, while employee benefits expense was at Rs 12.9 crore, improving by 8.49% YoY. For the TTM ended FY26, revenue from operations inched higher 8.39% to Rs 338.03 crore, while net profit improved by 11.67% to Rs 30.34 crore, compared to previous TTM. EBITDA jumped by 4120% to Rs 51.54 crore, and PBT rose 13.57% to Rs 39.59 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 32.47 crore in FY26, as against Rs 33.22 crore in FY25. Pradeep Metals Ltd surged by 70.47% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.

Pradeep Metals Limited will hold a board meeting on Friday, August 7, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited. The trading window for the company will be closed from July 1, 2026, and will reopen 48 hours after the results are made public on August 7, 2026.

Pradeep Metals announced that the Annual General Meeting(AGM) of the company will be held on 7 August 2026.

Crisil Ratings stated that the ratings continue to reflect the extensive experience of the promoters in the forging industry and coupled with comfortable financial risk profile. These strengths are partially offset by working capital intensive nature of operations and exposure to project risk. Pradeep Metals manufactures intricate closed-die stainless, alloy, and carbon steel forgings as finished and semi-finished machined components for multiple sectors, such as oil and gas, petrochemicals, and general engineering. DMW, which is a step-down subsidiary of PML, is engaged in manufacturing precision machined components. The company's consolidated net profit increased by 45.56% to Rs 10.32 crore on a 4.52% rise in revenue to Rs 90.96 crore in Q4 FY26 over Q4 FY25. The scrip declined 3.08% to currently trade at Rs 571.95 on the BSE. Powered by Capital Market - Live

Pradeep Metals has received affirmation in credit ratings from CRISIL at CRISIL BBB; Stable / CRISIL A3+ for bank facilities aggregating to Rs 282 crore.

Net profit of Pradeep Metals rose 45.56% to Rs 10.32 crore in the quarter ended March 2026 as against Rs 7.09 crore during the previous quarter ended March 2025. Sales rose 4.52% to Rs 90.96 crore in the quarter ended March 2026 as against Rs 87.03 crore during the previous quarter ended March 2025. For the full year,net profit rose 11.67% to Rs 30.34 crore in the year ended March 2026 as against Rs 27.17 crore during the previous year ended March 2025. Sales rose 8.39% to Rs 338.03 crore in the year ended March 2026 as against Rs 311.86 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales90.9687.03 5 338.03311.86 8 OPM %18.4014.94 -16.0515.12 - PBDT15.4612.51 24 49.5544.56 11 PBT13.079.93 32 39.5934.86 14 NP10.327.09 46 30.3427.17 12 Powered by Capital Market - Live

Pradeep Metals announced that the Board of Directors of the Company at its meeting held on 16 May 2026, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Pradeep Metals will hold a meeting of the Board of Directors of the Company on 16 May 2026.

Pradeep Metals announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 June 2026.