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HomeResearchSchneider Electric President Systems Limited: Profit Up, CFO Exit, and a ₹4.5 Crore Surprise
17 Feb 2026 · Research

Schneider Electric President Systems Limited: Profit Up, CFO Exit, and a ₹4.5 Crore Surprise

Schneider Electric President Systems Limited: Profit Up, CFO Exit, and a ₹4.5 Crore Surprise

When companies release quarterly numbers, it’s usually about revenues and margins.

But this time, there was more — a leadership change, a large one-time charge, bonus shares, and a new product push.

Let’s break it down.

The Numbers First

For the nine months ended December 31, 2025 (9M FY26):

  • Revenue: ₹303 Cr

  • PAT: ₹29 Cr

  • EPS: ₹23.64

Compared to last year’s nine-month PAT of ₹316.3 million, profits are slightly lower year-on-year — but still healthy.

The ₹4.5 Crore “Exceptional” Twist

The company reported an exceptional item of ₹4.5 Cr

What happened?

The Government of India notified new labour codes. Based on management assessment, this led to an incremental gratuity-related charge, which the company booked as a one-time exceptional expense.

Translation: This is not part of regular operations. It’s regulatory-driven and non-recurring.

Without this charge, profits would have looked stronger.

CFO Exit. New CFO Enters.

Mr. Subhrendu Sarkar resigned as Whole-Time Director and CFO effective February 13, 2026.

The board moved quickly.

Ms. Mariamma Myloth has been appointed:

  • Whole-Time Director

  • Chief Financial Officer

  • Additional Director (3-year term, subject to shareholder approval)

She brings 20+ years of finance experience, including over a decade across global and India-focused roles within the Schneider ecosystem.

The leadership transition appears planned and structured — not abrupt.

Bonus Shares & Capital Expansion

In November 2025, the company:

  • Increased authorised capital

  • Issued 1:1 bonus shares (6,048,000 shares)

That effectively doubled the share count. EPS numbers for previous periods were restated accordingly.

This typically signals balance sheet comfort and capital confidence.

Capex Reallocation & New Product Launch

The Board approved reallocation of FY26 capital expenditure.

A key highlight:

  • Launch of APC IT Cabinet – SX+ / Open Compute Platform Cabinet

  • Category: Data Centre / Net Shelter Racks

  • Target Market: Domestic

  • Launch Timeline: Q2 2026

This positions the company deeper into the data centre infrastructure ecosystem — a sector benefiting from AI and cloud expansion.

UnlistedZone Takeaway

This wasn’t just a routine quarterly update.

It was a structural quarter.

A leadership reset, regulatory adjustment, capital restructuring, and strategic product positioning — all in one announcement.

The real question now:

Will the new CFO era drive margin expansion and scale in the fast-growing data centre segment?

Because the numbers are steady.
The strategy is evolving.