Automobile Corporation of Goa Ltd

Financial highlights

• Total income Rs 25,271.20 Lakhs; QoQ down 3.08%.
• Total revenue from operations Rs 24,894.40 Lakhs.
• EBITDA Rs 16.92 Crore; margin 6.69%.
• PBT after exceptional items Rs 15.19 Crore; QoQ -50.84%; margin 6.01%.
• Profit after tax Rs 11.22 Crore; EPS Rs 18.42.

Operational mix

• Bus bodies produced: 2,712 in Q1 FY27 vs 2,784 year-ago quarter.
• Domestic business stable; international volumes impacted by Middle East geopolitics.

Segment mix

• Segments: Pressing and Bus body.
• Pressing external revenue Rs 1,936.50 Lakhs; Bus body external Rs 22,950.00 Lakhs.
• Inter-segment revenue Rs 7.90 Lakhs; Total segment revenue Rs 24,894.40 Lakhs.

Dividend & audit

• Final dividend Rs 22.50 per equity share.
• Payable 20 Aug 2026; cash outflow Rs 1,369.94 Lakhs.
• Auditor: unmodified opinion from B S R & Co. LLP.

Outlook & guidance

• Volatility in commodity prices and international volumes expected to persist.
• Focus on operational excellence, cost optimization and long-term growth.

Key counterparty note

• Tata Motors contributed Rs 23,335.54 Lakhs in the quarter; >10% of revenue.

Business model & segments

• Two operating segments: Pressing and Bus body.
• Primary revenue driver remains Bus body; pressing components contribute smaller share.

Dividend declaration & TDS framework

• Board recommended final dividend of Rs 22.50 per equity share (225%) for FY2026.
• AGM to approve dividend on 22 July 2026; record date 15 July 2026.
• Dividend payout expected on or before 20 August 2026, subject to AGM approval.
• TDS framework: resident PAN 10%, non-PAN 20%; exemptions for certain resident individuals.
• Non-resident withholding at 20%; DTAA options available with certificates.
• Deadline for tax documents: 15 July 2026; submissions via MUFG portal or designated emails.
• Lower withholding certificates under Section 395 may be considered if valid.
• Bank account details must be updated for electronic dividend payments.
• Physical shareholding dividends to be paid electronically per SEBI circulars.
• Record date and payment window contingent on AGM outcome.