Macfos Limited (ROBU) has received unanimous shareholder approval for a 1:10 bonus share issue, with record date fixed at March 10, 2026, board allotment on March 11, and trading commencement on March 12, 2026, capitalizing ₹94.16 lakh from securities premium account amid Q3FY26 revenue up 72% to ₹78.89 crore and PAT +103% to ₹5.63 crore.

Macfos Bonus Shares – Complete Timeline

Eligibility: Hold shares before March 10 market close. Ex-bonus trading starts March 10 morning.

Strong Q3FY26 Results Trigger Bonus

Financial Performance (Q3 FY26 vs Q3 FY25):

• Revenue: ₹78.89 Cr (+72%) vs ₹45.80 Cr
• Net Profit: ₹5.63 Cr (+103%) vs ₹2.76 Cr
• Order Volume: 1,30,850 (+31%) vs 99,566
• Avg Order Value: ₹6,029 (+31%) vs ₹4,600

E-commerce momentum: Macfos operates B2B e-commerce platform for industrial products, showing consistent growth trajectory supporting shareholder reward.

Shareholder Voting Results

Unanimous approval demonstrates strong promoter + institutional confidence in growth trajectory.

Strengths of Macfos Bonus Issue

• 1:10 ratio significantly boosts free float and liquidity.

• Q3FY26 PAT +103% justifies strong cash generation for bonus.
• 100% shareholder approval shows aligned interests.
• E-commerce B2B model with 31% order volume growth.
• Securities premium capitalization preserves cash reserves.

Risks Around Macfos Bonus

• Ex-bonus price adjustment may lead to short-term technical correction.

• High expectations post strong Q3; Q4 execution critical.
• E-commerce competition intense from global/Indian platforms.
• Working capital intensity in B2B model can pressure margins.
• Post-bonus dilution slightly impacts EPS (though nominal).