Schneider Electric President Systems Limited: Q3 FY26 Financial Review

17 February 2026

Financial Performance (Q3 FY26 vs Q3 FY25): Schneider Electric President Systems Limited reported a steady revenue performance in Q3 FY26, though bottom-line figures were impacted by a one-time regulatory charge. Total revenue from operations increased by 4.9% year-on-year (YoY) to ₹115.49 Crore, compared to ₹110.07 Crore in Q3 FY25. Total income (including other income) stood at ₹117.28 Crore for the quarter, slightly lower than the ₹120.73 Crore recorded in the corresponding period last year due to a dip in other income. Profit After Tax (PAT) declined by 13.2% YoY to ₹12.14 Crore, compared with ₹13.98 Crore in Q3 FY25. This decrease was primarily driven by a non-recurring exceptional item of ₹4.56 Crore related to new labor code provisions. Earnings Per Share (EPS), restated for the bonus issue, stood at ₹10.04 compared to ₹11.50 in the previous year's third quarter.

Operational Metrics (Q3 FY26 vs Q3 FY25): Operational results reflected significant shifts in cost structures and capital base during the quarter. Total expenses (excluding tax and exceptional items) were optimized at ₹96.09 Crore, down from ₹101.01 Crore a year ago, largely aided by a ₹7.50 Crore credit from changes in inventories. Cost of raw materials and components consumed rose to ₹80.10 Crore from ₹76.11 Crore YoY. The company's paid-up equity share capital doubled to ₹12.10 Crore from ₹6.05 Crore following a 1:1 bonus share allotment. Despite the exceptional charge, the company maintained a healthy Profit Before Tax (PBT) margin (before exceptional items) of approximately 18.3% of revenue from operations. 

Strategic Developments: During the quarter, Schneider Electric President Systems Limited reached a major corporate milestone by completing a 1:1 bonus issue, allotting 6,048,000 equity shares to eligible members. This move, funded through the Securities Premium Account, increased the total paid-up equity capital to ₹12.10 Crore. A significant strategic impact was the recognition of ₹4.56 Crore as an exceptional item. This charge represents the estimated incremental impact on gratuity following the Government of India's notification of four new Labour Codes on November 21, 2025. The management continues to monitor the finalization of state rules regarding these codes to provide further accounting treatments as required. Furthermore, the company maintains its focus on a single primary business segment involving products and systems for electricity distribution.