ALFA Filings
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Innomet Advanced Materials has completed the acquisition of a 57.50% stake in Swastik Tungsten Private Limited for ₹1.5018 Crore, making it a subsidiary.
Innomet Advanced Materials appointed Ms. Sanjna Chowdary Chilakapati as Non-Executive Non-Independent Director. It also re-appointed Mr. Venkata Sai Kiran Chakravadhanula as Non-Executive Independent Director.
Innomet Advanced Materials received a purchase order worth ₹0.97 Crore from Enar Weld Braze Pvt. Ltd. for the supply of copper powder.
Innomet Advanced Materials issued a corrigendum to its 7th AGM notice, providing corrections to the Explanatory Statement regarding share warrant pricing and shareholding patterns.
Innomet reports FY26 revenue of ₹53.86cr (up 66% YoY) driven by metals and exports. Transitioning from capability creation to monetization with a 57.5% stake in Swastik Tungsten.
Innomet posted massive 66% revenue growth in FY26, yet EBITDA margins collapsed from 15.6% to 10.4% due to extreme raw material inflation and non-recurring accounting reversals.
Innomet reports 66% YoY revenue growth in FY26, driven by tripling exports and expansion in metal powders and tungsten heavy alloys.
Innomet Advanced Materials Ltd reported revenue from operations of ₹30.3 Cr (+69.3% YoY) and a net loss of ₹0.4 Cr for H2 FY26.