Stovec Industries Ltd (STOVACQ) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Stovec Industries Ltd on NSE and BSE, with an AI summary of each filing.
The Unaudited Financial Results of the Company for the quarter and nine months ended on September 30, 2026
Financial Result · 04 Nov 2026, 12:19 am
Stovec Industries Reports Q3 CY26 Results with Net Profit at ₹10.62 Million For the quarter ended 30th Sep'26, Stovec Industries reported revenue from operations of ₹457.66 million, up 11.95% YoY from ₹408.82 million, but down 13.26% QoQ from ₹527.65 million. Total income stood at ₹463.41 million. Net profit declined 11.28% YoY and 56.69% QoQ to ₹10.62 million, with basic and diluted EPS at ₹5.08. Profit before tax reached ₹13.32 million, pressured by lower segment results in Textile Machinery and Consumables (₹10.08 million). For 9M ended 30th Sep'26, revenue stood at ₹1,452.21 million with net profit of ₹51.77 million.
The Unaudited Financial Results of the Company for the quarter and nine months ended on September 30, 2026
Financial Result · 04 Nov 2026, 12:19 am
Stovec Industries Reports Q3 CY26 Financial Results Stovec Industries reported Q3 CY26 (quarter ended 30th Sep'26) revenue from operations of ₹457.66 million, up 11.95% YoY from ₹408.82 million but down 13.26% QoQ from ₹527.65 million. Net profit stood at ₹10.62 million, down 11.28% YoY from ₹11.97 million and declining 56.69% QoQ from ₹24.52 million. Operating profit before tax declined to ₹13.32 million. Diluted EPS for the quarter was ₹5.08 compared to ₹5.73 in Q3 CY25. For 9M CY26, net profit reached ₹51.77 million on revenue of ₹1,452.21 million.
Board of Directors of the Company at their meeting held on November 03, 2026 have approved the Unaudited Financial Results of the Company for the quarter and nine months ended on September 30, 2026
Outcome · 03 Nov 2026, 11:55 pm
Stovec Industries Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Million) ■ Revenue: 458 (+11.9% YoY | -13.3% QoQ) ■ EBITDA: 20.9 (+12.4% YoY | -46.6% QoQ) ■ EBITDA Margin (%): 4.6 (+2 bps YoY | -285 bps QoQ) ■ PAT: 10.6 (-11.3% YoY | -56.7% QoQ) ■ EPS (INR): 5.08 (-11.3% YoY | -56.8% QoQ) Stovec Industries Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Million) Segmental Performance Textile Machinery and Consumables ■ Revenue: 431 (+12.5% YoY | -14.4% QoQ) ■ EBIT: 10.1 (-69.4% YoY | -82.2% QoQ) ■ EBIT Margin (%): 2.3 (-628 bps YoY | -893 bps QoQ) Graphics Consumables ■ Revenue: 27.0 (+3.6% YoY | +11.0% QoQ) ■ EBIT: 9.7 (-26.1% YoY | -4.4% QoQ) ■ EBIT Margin (%): 35.9 (-1444 bps YoY | -579 bps QoQ)
Stovec Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve inter alia, the unaudited ....
Intimation · 03 Nov 2026, 5:30 am
Stovec Industries Schedules Board Meeting for Q3 Results on 3rd Nov'26 Stovec Industries Limited has scheduled its Board of Directors meeting on 3rd Nov'26 to consider and approve the unaudited financial results for the quarter and nine months ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in the company's equity shares remains closed for designated persons until 48 hours following the results declaration, reopening on 5th Nov'26.
For Appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas (DIN: 11965979) as an additional director of the company.
Change in Management · 25 Sept 2026, 10:05 pm
Stovec Industries Appoints Theodorus Kortekaas as Additional Director The Board of Directors of Stovec Industries Ltd. approved the appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas as an Additional Director (Non-Executive Non-Independent) effective 25th Sep'26, subject to shareholder approval within three months. Mr. Kortekaas currently serves as Director and CFO of parent entity SPGPrints B.V., Netherlands, bringing over 16 years of financial and management experience within the SPGPrints Group alongside previous roles at Ernst & Young and Oce N.V. He holds no inter-se relationships with other company directors.
appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas (DIN: 11965979) and as an Additional Director of the Company
Others (Uncategorized) · 25 Sept 2026, 9:57 pm
Stovec Industries Appoints Theodorus Kortekaas as Additional Non-Executive Director Stovec Industries Limited approved the appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas as an Additional Director (Non-Executive Non-Independent) effective 25th Sep'26, subject to shareholder approval within three months. Mr. Kortekaas brings over 16 years of finance, controlling, and management experience within the SPGPrints Group, currently serving as CFO and Executive Board Member of parent entity SPGPrints B.V., Netherlands. He previously held senior finance positions at Ernst & Young and Oce N.V., and holds no inter-se relationship with any existing board directors.
The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 14, 2026 for Print I ....
Encumbered Shares - Invocation / Release · 15 Sept 2026, 3:49 pm
Stovec Industries Discloses Indirect Promoter Encumbrance Under Restructuring Agreement Print Holdings B.V. and Print I B.V. disclosed an indirect encumbrance over 14,83,777 shares (71.06% of total equity) of Stovec Industries Limited, created on 26th Feb'25. Pursuant to a Shareholders’ and Subscription Agreement executed during a debt restructuring, lenders converted debt into 647,059,000 shares of Print I B.V. held via Magenta Holding B.V. (a 44% stake). The agreement grants Magenta Holding transfer restrictions, drag/tag-along rights, and a potential full-control option over Print I B.V., with no direct encumbrance created on Stovec Industries' equity shares.
Resignation of Director w.e.f August 24, 2026, Letter of resignation is enclosed herewith
Change in Management · 25 Aug 2026, 12:43 am
Stovec Industries: Non-Executive Director Garrett Forde Resigns Mr. Garrett Forde, a Non-Executive Director, has resigned from the board of Stovec Industries Ltd., effective 24th Aug'26. The resignation follows his cessation as CEO of the holding company, SPGPrints B.V. The company has filed the required disclosure with the exchange. This change in leadership at the parent company level is now reflected in the board composition of its Indian subsidiary.
Unaudited Financial results of the Company for quarter and half yearly ended June 30, 2026
Financial Result · 13 Aug 2026, 1:49 am
Stovec Industries Q2FY27 Results Weaken; Board Appoints New Director Stovec Industries reported weak Q2FY27 results, with revenue declining 7.0% YoY to ₹527.65 mn. Net profit fell 17.1% YoY to ₹24.52 mn, with EPS at ₹11.75 versus ₹14.17 a year ago. Revenue was up 13.0% QoQ, while profit grew 47.4% QoQ. The Board approved the appointment of Mr. Marcos Marti Erfurt, CEO of parent SPGPrints B.V., as an Additional Non-Executive Director, effective from 12 Aug'26. The trading window re-opens on 15 Aug'26.
Appointment of Mr. Marcos Marti Erfurt (DIN: 11816181) as an additional director of the company
Change in Management · 13 Aug 2026, 1:22 am
Stovec Q2FY27 Results Weaken YoY; Board Appoints New Director Stovec Industries reported Q2FY27 (quarter ended Jun 30, '26) revenue of ₹527.65 mn, down 7.0% YoY, with profit after tax declining 17.1% YoY to ₹24.52 mn. QoQ, revenue rose 13.0% while profit grew 47.4%. EPS for the quarter was ₹11.75 versus ₹14.17 in Q2FY26. The board approved the appointment of Mr. Marcos Marti Erfurt as an Additional Non-Executive Non-Independent Director, effective Aug 12, '26. Mr. Erfurt is the CEO of the parent company, SPGPrints B.V.
1) Unaudited Financial Results of the Company for the quarter and half yearly ended June 30, 2026; and 2) the appointment of Mr. Marcos Marti Erfurt (DIN: 11816181) as an Additional Director ....
Outcome · 13 Aug 2026, 1:15 am
Stovec Industries Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Million) ■ Revenue: 528 (-7.0% YoY | +13.0% QoQ) ■ EBITDA: 39.1 (+7.3% YoY | +46.8% QoQ) ■ EBITDA Margin (%): 7.4 (+99 bps YoY | +170 bps QoQ) ■ PAT: 24.5 (-17.1% YoY | +47.4% QoQ) ■ EPS (INR): 11.8 (-17.1% YoY | +47.6% QoQ) Stovec Industries Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Million) Segmental Performance Textile Machinery and Consumables ■ Revenue: 503 (-7.0% YoY | +14.0% QoQ) ■ EBIT: 56.7 (-5.1% YoY | +41.7% QoQ) ■ EBIT Margin (%): 11.3 (+22 bps YoY | +221 bps QoQ) Graphics Consumables ■ Revenue: 24.3 (-7.5% YoY | -3.9% QoQ) ■ EBIT: 10.1 (-4.4% YoY | -14.1% QoQ) ■ EBIT Margin (%): 41.7 (+135 bps YoY | -499 bps QoQ)
The Company received an intimation under regulation 30 A from its promoter group entities.
Others (Uncategorized) · 10 Aug 2026, 9:00 pm
Stovec Industries Discloses Promoter Group's Restructuring and Shareholder Agreement Stovec Industries disclosed on 10 Aug'26 an agreement affecting its promoter group. The agreement, dated 26 Feb'25, is part of a corporate and debt restructuring at Print I B.V., an indirect holding company. Lenders converted debt into a 44% equity stake (46.3% voting rights) in Print I, now held by Magenta Holding. Promoter entity PHBV retains control with a 51% stake (53.7% voting rights). While there is no direct impact on Stovec's management, any related party transactions will now require Magenta Holding's consent.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on August ....
Encumbered Shares - Invocation / Release · 10 Aug 2026, 6:07 pm
Stovec Industries: Promoter Group Discloses Indirect Encumbrance of 71.06% Stake Promoter group entity Print I B.V. has disclosed an encumbrance over its indirect holding of 14,83,777 shares, representing 71.06% of Stovec Industries' total share capital. The encumbrance, created on 26 Feb'25, is in favour of Magenta Holding B.V. This action stems from a Shareholders' and Subscription Agreement related to debt restructuring at the holding company level. The agreement grants Magenta Holding certain rights, including transfer restrictions and an option to take full control of Print I B.V., which indirectly holds the promoter's stake.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 10, 2026 for Print I BV (the holding ....
Encumbered Shares - Invocation / Release · 10 Aug 2026, 6:04 pm
Stovec Industries Promoter Entity Discloses Indirect Share Encumbrance Stovec Industries’ ultimate promoter, Print Holdings B.V. (PHBV), disclosed an indirect encumbrance on its 71.06% stake. Effective 26 Feb '25, under a Shareholders' Agreement, PHBV granted certain rights to lender Magenta Holding B.V. concerning shares of Print I B.V., an intermediary holding company. These rights, arising from a debt restructuring, include transfer restrictions and an option for Magenta Holding to take full control of Print I B.V. This is considered an encumbrance under SEBI Takeover Regulations, though it doesn't directly encumber Stovec's shares.
Stovec Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve to consider and approve, ....
Intimation · 12 Aug 2026, 5:30 am
Stovec Industries Schedules Board Meeting for Q2 FY27 Results Stovec Industries (BSE: 504959) has scheduled a Board of Directors meeting on 12th Aug'26. The agenda includes the consideration and approval of the company's unaudited financial results for the second quarter ended Jun 30, 2026. In connection with this, the trading window for specified persons remains closed until 14th Aug'26, which is 48 hours after the results are declared.
Resignation of Director w.e.f 17.07.2026, Letter of Resignation is enclosed herewith
Change in Management · 17 Jul 2026, 11:46 pm
Stovec Industries: Non-Executive Director Arnout Rinze Otma Resigns Stovec Industries announced the resignation of Mr. Arnout Rinze Otma as Non-Executive Director, effective from the close of business on 17th Jul'26. His departure follows his cessation as Chief Financial Officer of SPGPrints B.V., Stovec's holding company, as he plans to pursue career opportunities outside the organization. Consequently, Mr. Otma has also resigned from all board committees he was a member of. This leadership change at the board level is a direct result of management restructuring at the parent company.
Intimation of resignation of Senior Management Personnel
Change in Management · 30 Jun 2026, 11:44 pm
Stovec Industries: GM Quality & Engineering Resigns Stovec Industries announced the resignation of Mr. Sandesh Kale, General Manager (Quality and Engineering), a senior management personnel. His departure is effective from the close of business hours on 30th Jun'26. The resignation letter, dated 01st Apr'26, cites personal and professional goals and the decision to allow for new leadership. Mr. Kale requested to be relieved by 24th May'26, though the official cessation date is confirmed as 30th Jun'26. No other details regarding relationships with directors were disclosed.
Scrutinizer''s Report
Annual General Meeting · 09 May 2026, 12:05 am
Stovec Shareholders Reject Related Party Transactions at 52nd AGM At its 52nd AGM on 07-May'26, Stovec Industries (BSE: 504959) shareholders rejected two ordinary resolutions. Resolution 7, for acquiring IPR from holding company SPGPrints B.V., failed with 93.85% votes against. Resolution 8, approving material related party transactions with SPGPrints B.V., also failed with 86.91% votes against. All other resolutions, including a Rs. 12/share dividend for FY25, were passed with requisite majority. The promoter group, deemed interested, abstained from voting on the rejected resolutions.
Proceeding of the AGM
Annual General Meeting · 08 May 2026, 2:07 am
Stovec Industries AGM Highlights Key Shareholder Resolutions Stovec Industries held its 52nd AGM on 7 May'26, seeking shareholder approval for key resolutions. These included adopting financial statements for the year ended 31 Dec'25 and approving a recommended dividend of Rs. 12 per share. Other proposals involved the re-appointment of director Garrett Forde, appointment of Arnout Otma as a director, and approval for the acquisition of intellectual property rights (IPR) from its holding company, SPGPrints B.V. Material related-party transactions with the holding company were also presented for shareholder approval.
Proceedings of the AGM of the Company
Annual General Meeting · 08 May 2026, 2:03 am
Stovec Industries Holds 52nd AGM, Approves Rs. 12/Share Dividend Stovec Industries held its 52nd AGM on 07 May'26 via video conference. Key resolutions included the adoption of financial statements for the year ended 31 Dec'25 and the approval of a Rs. 12 per share dividend. Members also voted on the re-appointment of director Mr. Garrett Forde and the appointment of Mr. Arnout Otma. Other special business items included the acquisition of IPR from holding company SPGPrints B.V. and approval of material-related party transactions. The meeting concluded with voting results to be announced later.
Results for the quarter ended March 31, 2026
Outcome · 08 May 2026, 1:15 am
Stovec Industries Limited - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Million) ■ Revenue: 467 (-4.8% YoY | -9.2% QoQ) ■ EBITDA: 26.7 (-28.5% YoY | +397.2% QoQ) ■ EBITDA Margin (%): 5.7 (-189 bps YoY | +467 bps QoQ) ■ PAT: 16.6 (-35.5% YoY | +914.0% QoQ) ■ EPS (INR): 7.96 (-35.5% YoY | +907.6% QoQ) Stovec Industries Limited - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Million) Segmental Performance Textile Machinery and Consumables ■ Revenue: 442 (-6.9% YoY | -9.9% QoQ) ■ EBIT: 46.0 (-20.1% YoY | +36.8% QoQ) ■ EBIT Margin (%): 10.4 (-171 bps YoY | +356 bps QoQ) Graphics Consumables ■ Revenue: 25.3 (+57.5% YoY | +5.7% QoQ) ■ EBIT: 11.8 (+32.5% YoY | +6.1% QoQ) ■ EBIT Margin (%): 46.7 (-880 bps YoY | +17 bps QoQ)
Unaudited Financial Results of the Company for the quarter ended 31st March, 2026
Financial Result · 08 May 2026, 1:11 am
Stovec Industries Limited - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Million) ■ Revenue: 467 (-4.8% YoY | -9.2% QoQ) ■ EBITDA: 26.7 (-28.5% YoY | +397.2% QoQ) ■ EBITDA Margin (%): 5.7 (-189 bps YoY | +467 bps QoQ) ■ PAT: 16.6 (-35.5% YoY | +914.0% QoQ) ■ EPS (INR): 7.96 (-35.5% YoY | +907.6% QoQ) Stovec Industries Limited - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Million) Segmental Performance Textile Machinery and Consumables ■ Revenue: 442 (-6.9% YoY | -9.9% QoQ) ■ EBIT: 46.0 (-20.1% YoY | +36.8% QoQ) ■ EBIT Margin (%): 10.4 (-171 bps YoY | +356 bps QoQ) Graphics Consumables ■ Revenue: 25.3 (+57.5% YoY | +5.7% QoQ) ■ EBIT: 11.8 (+32.5% YoY | +6.1% QoQ) ■ EBIT Margin (%): 46.7 (-880 bps YoY | +17 bps QoQ)
Stovec Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve , inter alia, the unaudited ....
Intimation · 07 May 2026, 5:30 am
Stovec Industries Board Meeting on May 7, 2026, for Q4 Results Stovec Industries (BSE: 504959) has scheduled a Board of Directors meeting on 7th May'26 to consider and approve the unaudited financial results for the quarter and period ended 31st Mar'26. The trading window for specified persons, which closed on 27th Mar'26, will remain shut until 48 hours after the results are declared, reopening on or after 9th May'26. This meeting is a key event for the upcoming Q4FY26 financial disclosure.
Business Responsibility and Sustainability Report for the FY2025
Others (Uncategorized) · 13 Apr 2026, 6:30 pm
Stovec Industries FY25 Business Responsibility & Sustainability Report Highlights Stovec Industries (BSE: 504959) submitted its Business Responsibility and Sustainability Report for FY25, ending 31st Dec'25. Key revenue drivers were Textile Consumables and Graphics Products (83.30%) and Textile Machineries (16.70%). Exports contributed 27.44% to total turnover. As of 31st Dec'25, the company employed 104 individuals and 175 workers. Permanent employee turnover rate was 9.48% in FY25, down from 12.38% in FY24. The company reported zero R&D or capex investment for environmental/social impact improvements in FY24-FY25.
Notice of AGM and Full Annual Report for the FY2025
Annual General Meeting · 13 Apr 2026, 6:27 pm
Stovec Industries Reports Significant Profit Decline for FY25 Amidst Weak Demand Stovec Industries reported a 15.5% YoY decline in Revenue from Operations to ₹1,981.11 million for FY ended 31 Dec'25, down from ₹2,345.70 million in FY24. Weak demand and lower sales led to a significant drop in profitability, with Profit After Tax (PAT) falling 46.8% YoY to ₹68.98 million from ₹129.61 million. Consequently, Earnings Per Share (EPS) decreased to ₹33.04 from ₹62.07. The Board has recommended a dividend of ₹12 per share. The company's 52nd AGM is scheduled for 7 May'26.