Why did profit fall so sharply on flat revenue?

Yuken India cited incremental expenses from the new Labour Codes. The filing provides no further breakdown of these costs or how they compare to other margin pressures.

What were the full-year revenue and profit figures?

Revenue was ₹462.17 crore, up 1% from ₹457.36 crore. Net profit was ₹14.39 crore, down from ₹24.60 crore.

Did the board change the dividend?

No. The final dividend was maintained at ₹1.50 per share, the same as the prior year.

Is this a quarterly or annual result?

These are the audited consolidated results for the full financial year ended March 31, 2026.

Earnings · Engineering - Industrial Equipments · Small cap

Yuken India's profit halved on costs it won't quantify.

A 41% profit drop on 1% revenue growth exposes a margin squeeze. The company blames new labour laws but gives no numbers.

— 2 earlier stories on Yuken India Ltd. →

YUKEN By Tipsheet Editorial 26 May 2026 · 2:34 PM IST Verify on BSE · NSE

Mkt cap₹1,017 cr

P/E70.29×

ROE8.18%

Debt / eq.0.29

Div yld0.20%

41% Year-on-year drop in consolidated net profit.

What's new

Consolidated net profit fell 41% to ₹14.39 crore for FY2026.
Revenue grew just 1% to ₹462.17 crore.
Final dividend held at ₹1.50 per share.

Why this matters

A 41% profit decline on flat revenue is a severe margin event for a micro-cap. The company's explanation — new Labour Codes — is vague and unquantified, leaving the durability of the cost hit an open question.

What we're watching

Any detailed breakdown of the Labour Code cost impact.
Whether Q4 results show the squeeze is accelerating or stabilising.
Management commentary on pricing power to offset new costs.

The full read

Yuken India's year tells a simple story. Revenue barely moved. Costs did. The hydraulic-equipment maker posted 1% revenue growth to ₹462.17 crore. Consolidated net profit fell 41% to ₹14.39 crore. The company blames new Labour Codes but won't say how much they cost. For a micro-cap, that's a material hit to earnings power. The dividend stayed at ₹1.50. Hardly a bold move, but it signals the board isn't panicking about cash flow. The real question is whether this cost pressure is a one-time adjustment or the new baseline.

Questions answered

Why did profit fall so sharply on flat revenue?: Yuken India cited incremental expenses from the new Labour Codes. The filing provides no further breakdown of these costs or how they compare to other margin pressures.
What were the full-year revenue and profit figures?: Revenue was ₹462.17 crore, up 1% from ₹457.36 crore. Net profit was ₹14.39 crore, down from ₹24.60 crore.
Did the board change the dividend?: No. The final dividend was maintained at ₹1.50 per share, the same as the prior year.
Is this a quarterly or annual result?: These are the audited consolidated results for the full financial year ended March 31, 2026.

Mentioned: Yuken India Ltd. · ₹14.39 cr net profit · ₹462.17 cr revenue

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on YUKEN →

26 May 2026 · 2:34 PM IST Yuken India's profit halved on costs it won't quantify.
41d ago Yuken India profit falls 41% on flat revenue
41d ago Yuken India's net profit drops 41% in FY26