MosChip Technologies FY26 profit rises to ₹35.20 cr

Audited FY26 results: what the board cleared

MosChip Technologies said it has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial statements at a meeting held on May 20, 2026. The company’s statutory auditors, S.T. Mohite & Co., issued an unmodified opinion on the results. The update consolidates a year of higher revenue, a modest rise in full-year profit, and a one-time exceptional item linked to India’s new Labour Codes. Alongside the audited numbers, the company also highlighted overseas expansion and leadership hires as part of its growth efforts.

FY26 headline numbers: profit, income, and revenue

For FY26, MosChip reported a consolidated net profit of ₹35.20 crore, up from ₹33.36 crore in FY25. Consolidated total income rose to ₹590.63 crore from ₹470.70 crore a year earlier. Revenue from operations increased to ₹585.15 crore in FY26 from ₹466.84 crore in FY25. Basic earnings per share (EPS) for the year increased to ₹1.83 from ₹1.76. In a separate summary of the same audited results, the company also reported profit before tax (PBT) of ₹41.58 crore for FY26, up 23.97%.

Q4 FY26 snapshot: year-end quarter performance

For the quarter ended March 31, 2026 (Q4 FY26), MosChip reported consolidated net profit of ₹7.95 crore. Total income for the quarter stood at ₹155.55 crore. Another company summary of the quarter said Q4 FY26 revenue grew 2.57% sequentially to ₹153.23 crore, while PBT declined sequentially, without providing the quarter PBT number in the same note. The Q4 results complete the audited FY26 performance set that investors track for the full-year picture.

Key audited financials at a glance

Standalone performance: profit and total income

On a standalone basis for FY26, MosChip reported net profit of ₹23.63 crore. Standalone total income reached ₹526.13 crore for the year. The company’s disclosure separates standalone performance from the consolidated set, which includes subsidiaries. The audited approval covered both standalone and consolidated financial statements at the May 20, 2026 board meeting.

Exceptional item: labour codes hit employee benefit liabilities

MosChip recognised an exceptional item of ₹5.82 crore during FY26, representing the impact of new Labour Codes notified by the Government of India. The company said this amount relates to an increase in gratuity and leave liabilities arising from past service costs. In earlier FY26 reporting, the company had also linked the same ₹5.82 crore exceptional charge to adjustments that increased gratuity and leave liabilities. The disclosure positions this as a one-time, material event rather than a recurring operational cost.

Geography and leadership moves cited alongside the results

Alongside the FY26 numbers, MosChip attributed growth in revenue from operations to strategic expansion in Japan, Korea, and North America. It also pointed to leadership hires in Product Engineering Services. The company said it expanded geographically and increased headcount during the year. It also noted that an amalgamation of subsidiaries was approved, without detailing the entities or timelines in the same summary.

Governance and compliance: audit opinion and internal auditor appointment

The statutory auditors, S.T. Mohite & Co., issued an unmodified opinion on the audited results, according to the company’s disclosure. Separately, MosChip said it appointed M/s Gokhale & Co. as its internal auditors for FY27. The company also referenced compliance processes around results announcements under SEBI (LODR) regulations, including prior intimation of the board meeting.

Timeline of disclosures and trading window restrictions

Market impact: what the numbers change for investors

The audited filing confirms a sharp increase in FY26 operating revenue to ₹585.15 crore, up from ₹466.84 crore in FY25, and higher total income of ₹590.63 crore. Net profit increased to ₹35.20 crore, while EPS improved to ₹1.83, offering a cleaner basis for comparing profitability year-on-year. At the same time, the ₹5.82 crore exceptional item tied to labour-code-linked employee benefit liabilities is a key adjustment investors may separate from operating performance when reviewing FY26 margins and quarter-to-quarter volatility. For Q4 FY26, the company reported net profit of ₹7.95 crore on total income of ₹155.55 crore, giving a year-end reference point for how earnings looked after the exceptional adjustments recognised earlier in the year.

Why the FY26 update matters: context from earlier FY26 quarters

Earlier FY26 updates showed that revenue growth did not always translate into steady quarterly profit. For Q3 FY26, MosChip reported consolidated total income of ₹150.68 crore, while net profit fell to ₹4.34 crore, and the company attributed a significant part of the profit decline to the ₹5.82 crore exceptional item. In Q2 FY26, it reported revenue from operations of ₹146.94 crore and net profit of ₹12.15 crore. The company also disclosed segment revenue in Q2 FY26, with Silicon Engineering Solutions at ₹117.95 crore and Product Engineering Solutions at ₹28.99 crore. Balance sheet disclosures as of September 30, 2025, showed total assets of ₹538.05 crore, total equity of ₹367.79 crore, and cash and cash equivalents of ₹29.12 crore.

Conclusion

MosChip’s audited FY26 results show higher consolidated revenue and total income, with net profit rising to ₹35.20 crore and EPS improving to ₹1.83. The disclosures also highlight the one-time ₹5.82 crore exceptional impact from labour-code-related employee benefit liabilities and outline expansion plans across Japan, Korea, and North America. The next governance milestone flagged with the FY26 close is FY27 oversight, including the appointment of M/s Gokhale & Co. as internal auditors.