Governance Negative

2026-05-30 17:24

CRITICAL RED FLAG DETECTED

Harig Crankshafts Limited's Annual Secretarial Compliance Report for FY26 highlights significant non-compliance issues. The company was fined ₹4,83,800 and faced BSE freezing action for failing to meet minimum public shareholding requirements in FY25. Additionally, there were delays in obtaining shareholder approvals for director appointments and in approving and submitting quarterly and annual financial results for FY24 and FY25.

Financials Negative

2026-05-28 18:26

CRITICAL RED FLAG DETECTED

Harig Crankshafts Limited reported Audited Standalone Total Income of ₹208.59 Crores for the year ended March 31, 2026, a significant increase from ₹1.14 Crores YoY. The company achieved a Net Profit of ₹103.28 Crores compared to a Net Loss of ₹543.34 Crores YoY. EBITDA improved to ₹160.07 Crores from a negative ₹471.55 Crores YoY, with an EBITDA Margin of 76.74%. The Statutory Auditor has issued a qualified opinion on these results.

Financials Negative

2026-05-28 18:23

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹20.86 Cr vs ₹0.11 Cr (▲18210% YoY), EBITDA ₹16.01 Cr vs -₹47.16 Cr (▲134% YoY), PAT ₹10.33 Cr vs -₹54.33 Cr (▲119% YoY). EBITDA Margin 76.74%.

Financials Negative

2026-05-28 18:13

CRITICAL RED FLAG DETECTED

Standalone Revenue from Operations for FY26 was ₹20.86 Crores (vs. Total Income of ₹0.11 Crores in FY25), EBITDA was ₹16.01 Crores (vs. loss of ₹47.16 Crores in FY25), and PAT was ₹10.33 Crores (vs. loss of ₹54.33 Crores in FY25). The statutory auditor issued a Disclaimer of Opinion due to non-filing of Income Tax Returns from AY 2012-13 to AY 2023-24, and the company previously underwent a Corporate Insolvency Resolution Process.

Governance Neutral

2026-05-25 12:56

Harig Crankshafts Limited announced that a Board Meeting will be held on Thursday, May 28, 2026, to consider and approve the Audited Financial Results and Audit Report for the last quarter and year ended March 31, 2026. The trading window remains closed from April 1, 2026, until 48 hours after the declaration of these results.

Business Update Negative

2026-05-06 14:14

Harig Crankshafts Limited announced that its Board of Directors, at a meeting held on May 6, 2026, considered and withdrew the in-principal approval for the proposed amalgamation of Ayushman Infratech Limited with Harig Crankshafts Limited.

Business Update Negative

2026-05-06 14:10

Harig Crankshafts Limited's Board of Directors, in a meeting held on May 6, 2026, considered and withdrew the in-principle approval for the proposed amalgamation of Ayushman Infratech Limited with Harig Crankshafts Limited.

Governance Neutral

2026-04-29 16:03

A Board Meeting is scheduled for May 6, 2026, to further discuss the proposed amalgamation of Ayushman Infratech Limited with Harig Crankshafts Limited. The trading window for insiders closed on April 1, 2026, and will reopen 48 hours after the declaration of Q4 and FY26 financial results.

Routine Neutral

2026-03-27 10:42

Harig Crankshafts Limited announced the closure of its trading window for designated persons and their immediate relatives from April 1, 2026. The window will remain closed until 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026.

Governance Positive

2026-03-13 16:47

Harig Crankshafts Limited's Board met on March 13, 2026, and in-principally approved the amalgamation of Ayushman Infratech Limited with Harig Crankshafts Limited. The company will obtain a valuation report and prepare a detailed scheme for future consideration.

Governance Positive

2026-03-13 16:22

The Board of Directors, at its meeting on March 13, 2026, in-principally approved the proposal for amalgamation of Ayushman Infratech Limited with Harig Crankshafts Limited. A detailed scheme will be presented for consideration in the next meeting.

Governance Neutral

2026-03-10 12:54

A Board Meeting is scheduled for March 13, 2026, to consider a restructuring proposal for the Company. The trading window closed on March 10, 2026, and will re-open 48 hours after the meeting's outcomes are declared.

Financials Positive

2026-02-13 11:42

Harig Crankshafts Limited reported Standalone Revenue of ₹897.43 Lacs vs ₹651.10 Lacs (▲37.8% YoY) for the quarter ended December 31, 2025. EBITDA improved from a loss of ₹0.40 Lacs to a profit of ₹0.43 Lacs. PAT also improved from a loss of ₹0.90 Lacs to a profit of ₹0.16 Lacs. EBITDA Margin was 0.048% vs -0.061% (▲10.9 bps).

Financials Negative

2026-02-11 18:17

CRITICAL RED FLAG DETECTED

Board approved Un-Audited Standalone Financial Results for Q3 FY2026. Auditors issued a qualified conclusion due to non-filing of income tax returns since AY 2012-13. The company also recently emerged from Corporate Insolvency Resolution Process (CIRP).

Financials Negative

2026-02-11 18:02

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹6,487.15 Cr (vs nil YoY), EBITDA ₹5,706.41 Cr (vs ₹597.69 Cr loss YoY), PAT ₹4,259.91 Cr (vs ₹2,671.40 Cr loss YoY). EBITDA Margin 87.97%.

Financials Neutral

2026-02-07 14:09

Harig Crankshafts Limited announced a Board Meeting on 11th February 2026 to consider and approve the un-audited financial results for the quarter ended 31st December 2025 and the related Limited Review report. The trading window will remain closed from 1st January 2026 until 48 hours after the declaration of these results.

500178

Harig Crankshafts Ltd

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