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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Storage Technologies and Automation Ltd

Storage Technologies Q1/H1 FY27 Results: Net Profit Rs. 160.47 in Lakhs

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 11 Nov 2026, 08:17 PM IST  ·  BSE ID: b1c7f339-5934-421b-adba-f69e5152c8b1
View Original BSE Filing (PDF)
💡
In Simple Terms
Storage Technologies reported a profit for the half year and decided to close its Dubai subsidiary, Racks And Rollers FZ LLC.
🤖 AI Summary
  • Standalone net profit for H1 FY27 was Rs. 160.47 in Rupees, reversing a loss from the prior comparable period.
  • Revenue from operations for H1 FY27 reached Rs. 5,757.38 in Rupees, up from Rs. 4,705.33 in Rupees YoY.
  • Board approved the closure of subsidiary Racks And Rollers FZ LLC in Dubai due to regulatory challenges.
  • Related Party Transaction Policy and Policy on Materiality of Related Party Transaction were adopted.
  • Reconstitution of Audit, CSR, Stakeholders Relationship, and Nomination and Remuneration Committees was approved.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (H1 FY27)
Rs. 5,757.38 in Rupees
Net Profit (Loss) for the period (H1 FY27)
Rs. 160.47 in Rupees
Basic Earnings per equity share (H1 FY27)
Rs. 1.25 in Rupees
Total Revenue (H1 FY27)
Rs. 5,781.65 in Rupees
Total Expenses (H1 FY27)
Rs. 5,620.23 in Rupees
Cash and Cash Equivalents (as at Sep 30, 2026)
Rs. 362.69 in Rupees
Share Capital (as at Sep 30, 2026)
Rs. 1,284.00 in Lakhs
🏢 How This Affects the Company
📈
Business Impact
The closure of Racks And Rollers FZ LLC indicates a streamlining of international operations, potentially focusing resources on core markets or geographies with fewer regulatory hurdles. Revenue from operations increased, suggesting growth in primary business activities.
💰
Financial Impact
The company transitioned from a net loss of Rs. (155.23) in Rupees to a net profit of Rs. 160.47 in Rupees for the half year, improving overall profitability. Total revenue increased by Rs. 1,052.05 in Rupees, contributing to the positive financial performance.
⚙️
Operational Impact
The closure of the Dubai subsidiary will require winding down operations and compliance with local regulations, impacting international operational footprint. The approval of a related party transaction with Racks And Rollers Steel Manufacturing L.L.C clarifies operational relationships for sales of goods.
⚠️
Risk Impact
Closure of the Racks And Rollers FZ LLC subsidiary addresses 'certain regulatory challenges and difficulties,' potentially mitigating future compliance risks associated with that entity. Approval of new related party transaction policies aims to enhance governance and transparency.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the shift to profitability, and changes in its operational structure through the subsidiary closure and committee reconstitutions.
🔍
Management Signal
The decision to close a subsidiary and reconstitute committees signals management's intent to address operational challenges, enhance governance, and optimize business structure.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 results — monitor sustained profitability and revenue growth.
Updates on Racks And Rollers FZ LLC closure — track completion of process.
Details on Racks and Rollers Steel Manufacturing L.L.C transaction — observe volume and value.
MEDIUM RISK Closure of a subsidiary due to 'regulatory challenges' indicates operational risks in certain geographies.
💡 Investor Takeaway
Storage Technologies and Automation Limited reported a standalone net profit of Rs. 160.47 in Rupees for the half year ended September 30, 2026, compared to a net loss of Rs. (155.23) in Rupees in the prior comparable period. Revenue from operations for H1 FY27 increased to Rs. 5,757.38 in Rupees.
⚖️ Strengths & Concerns

✅ Positives

  • Net profit shifted from a loss of Rs. (155.23) in Rupees in H1 FY26 to a profit of Rs. 160.47 in Rupees in H1 FY27.
  • Revenue from operations increased to Rs. 5,757.38 in Rupees for H1 FY27, up from Rs. 4,705.33 in Rupees YoY.

⚠️ Concerns

  • Cash and cash equivalents decreased from Rs. 434.66 in Rupees as at March 31, 2026, to Rs. 362.69 in Rupees as at September 30, 2026.
  • The subsidiary Racks And Rollers FZ LLC is being closed due to 'certain regulatory challenges and difficulties in meeting applicable regulatory requirements'.
📅 Company Track Record
No previous filings found for Storage Technologies and Automation Ltd; therefore, limited public track record is available for comparative historical analysis.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Storage Technologies and Automation Limited's net profit for the half year ended September 30, 2026?
Storage Technologies and Automation Limited reported a standalone net profit of Rs. 160.47 in Rupees for the half year ended September 30, 2026.
What was Storage Technologies and Automation Limited's revenue from operations for H1 FY27?
Revenue from operations for Storage Technologies and Automation Limited was Rs. 5,757.38 in Rupees for the half year ended September 30, 2026.
Which subsidiary did Storage Technologies and Automation Limited approve for closure?
The Board approved the closure of Racks And Rollers FZ LLC, a subsidiary incorporated in Dubai, due to regulatory challenges.
What were the basic earnings per equity share for Storage Technologies and Automation Limited in H1 FY27?
Basic earnings per equity share for Storage Technologies and Automation Limited were Rs. 1.25 in Rupees for the half year ended September 30, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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