Synopsis: The shares of this company hit an upper circuit of 5 percent today after it announced the receipt of multiple purchase orders for 1,425 units of electric two-wheelers.
The shares of this company, which deals in a wide range of acids and chemicals for industries like textiles, steel, agriculture, etc, are in focus after receipt of multiple orders by its associate company A-1 Sureja Industries.
With a market capitalization of Rs 1,545 crore, A-1 Ltd’s shares on Monday made an intraday high of Rs 33.6 per share, up 5 percent from its previous day’s close price of Rs 32 per share. The shares have given a return of 2,181 percent over the last five years.
Multiple order details
A-1 Sureja Industries, an associate of the company under its electric mobility initiative, has secured two new purchase orders for low-speed electric two-wheelers. These wins strengthen its order book and highlight growing market acceptance of its EV offerings across different regions.
The orders include 525 units from Zipnova Enterprise LLP, Ahmedabad, and 900 units from Aayushman Engineering, Noida, totalling 1,425 vehicles. Deliveries will follow mutually agreed timelines. The transactions are on an arm’s-length basis, with no related-party involvement.
This associate company’s financials are shown in the consolidated results of A-1 Ltd. Where the company mentioned that as of Q2 FY26, it operates in the trading of acids and chemicals, and, in accordance with Ind AS 108 on Operating Segments, this activity is treated as a single reporting segment.
The company has recently issued a bonus issue of 3:1 with an ex-date of December 31, 2025 and a stock split from Rs 10 per share to Rs 1 per share with an ex-date of January 8, 2026.
About the company
Incorporated in 2004, A-1 Ltd is an Indian company established in 1975, specialising in the wholesale trading and transportation of industrial acids and chemicals like Nitric Acid, Sulphuric Acid, and Methanol, serving diverse sectors across India.
The company uses its own fleet of tankers for logistics, focusing on high customer satisfaction, transparency, and strong corporate governance, while also expanding into the EV sector.
Promoter shareholding remained unchanged at 70.03 percent across quarters, while institutional ownership (FII and DII) rose to 6.8 percent. Public shareholding declined to 23.20 percent as of January 2026.
Financial Highlights: The revenue from operations declined by 18 percent to Rs 63.14 crore in Q2 FY26, corresponding to the same quarter in the last financial year. Accompanied by a net profit decline of 93 percent to Rs 0.07 crore, resulting in an ROCE of 10.3 percent and ROE of 7.49 percent.
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