Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Roadies fame Niharika Tiwari is Bali Tourism promoter Lifestyle
  • Spacenet reports 486% surge on PAT year-on-year basis Finance
  • IESA SESI 2024 sets new benchmarks for capacity expansion and investments in India’s promising Battery Energy Storage Space Business
  • Cherrapunji Eastern Craft Gin Wins Red Dot: Product Design 2026 Lifestyle
  • Strategic Nature of Climate Change Negotiations – A Manifestation of Power Play Press Release
  • Dubai-Based Music Distribution Company SOCO Dü Announces Entry into Indian Market Business
  • Rotary District 3141 to Undertake 2000 Paediatric Heart Surgeries on Underprivileged Children during 2021-22 Press Release
  • Digant Sharma joins Heartfulness Trilateral Motorbike Expedition as Director of Finance & CSR Lifestyle

Patil Automation Strengthens Defence Automation Presence; Increases Stake in Mii Robotics to 70%

Posted on August 11, 2026 By

Pune/Mumbai (Maharashtra) [India], August 8: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly and robotics-integrated automation solutions, has announced that its Board of Directors has approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited, increasing the Company’s shareholding from 60% to 70%.

The acquisition reinforces Patil Automation’s strategic focus on expanding its capabilities in the rapidly evolving defence automation segment. Mii Robotics is engaged in automation solutions for grinding and processing applications in the defence industry, along with automation consultancy and support services. The transaction is expected to be completed within 30 days, subject to customary closing formalities.

The increased ownership will further strengthen operational alignment between the two companies and enable deeper collaboration in developing specialized automation solutions for defence applications.

About Mii Robotics Private Limited

Established in 2017, Mii Robotics Private Limited is a Pune-based automation company specializing in automation solutions for the defence and aerospace sectors. The company designs and manufactures standard machines for grinding and processing applications, while also providing automation consultancy and technical support services. Mii Robotics has established expertise in executing specialized defence automation projects, including artillery shell handling manufacturing lines, shell nub welding lines, ultrasonic testing lines, and bullet manufacturing lines, and has built a strong order book across these high-value segments.

Commenting on the development, Mr. Manoj Patil, Promoter and Managing Director of Patil Automation Limited, said: “The defence sector continues to present significant opportunities for advanced automation and precision manufacturing. Increasing our stake in Mii Robotics reflects our confidence in its technological capabilities and our long-term commitment to strengthening our presence in this high-potential segment. With greater integration, we aim to enhance our automation offerings, leverage operational synergies and create sustainable value for our customers and stakeholders.”

About Patil Automation Limited

Patil Automation Limited (“PAL” or “the Company”), founded in 2015 and headquartered in Pune, is a comprehensive automation solutions provider catering to both automotive and non-automotive sectors. The Company offers end-to-end automation systems encompassing design, manufacturing, testing, installation, modification, and maintenance services for industries such as automotive, electric vehicles (EV), defense, construction equipment, renewable energy, white goods, and general engineering.

PAL’s diverse product portfolio includes welding lines, assembly lines, special purpose machines (SPMs), and material handling systems, engineered to enhance precision, productivity, and scalability in modern manufacturing setups.

The Company now operates 3 advanced manufacturing facilities at MIDC Chakan, Pune, covering ~2 lakh sq. Ft., with a combined annual production capacity of ~3,454 units, enabling faster execution and expansion into new industrial segments.

PAL has successfully delivered automation projects across 10+ countries, with a strong domestic presence in Maharashtra, Haryana, Karnataka, and other key manufacturing hubs.

For FY26, the Company reported a Total Income of ₹172.79 crore, EBITDA of ₹30.65 crore, and Net Profit of ₹19.07 crore, reflecting consistent operational and financial growth.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Business Tags:Business

Post navigation

Previous Post: Yuthika Launches Premium Shower Gel Collection Inspired by Nature
Next Post: Neetu Yoshi Limited Announces Commencement of Commercial Production at Its New Manufacturing Facility in Haridwar

Related Posts

  • M1xchange is awarded as the best fintech for serving the MSME Business
  • Mohit Jajoo, India’s first Developer to provide 100% Electric car charging, honoured with the Times 40 under 40 awards Business
  • Vadodara’s Pink Wardrobe Unveils All-Size Fashion Collection Business
  • Global Running Day Special: CityWoofer Promotes Running through Marathons and Run Events Business
  • VerSe Innovation Appoints P.R. Ramesh as Independent Director and Chair of Audit Committee to Strengthen Governance Ahead of Next Phase of Growth Business
  • Smarten Power System Limited IPO Opens on July 07, 2025 Business

Recent Posts

  • How Square Yards Is Building Transparency Into the Home-Buying Process
  • MIT University Sikkim Introduces, UGC-Compliant Programmes Aligned with NEP 2020 to Meet Evolving Industry and Career Demands
  • Yuthika Professional Launches Advanced Crème Hair Color Collection for Salon Professionals
  • Fascinate Textiles to launch Rs. 66.98 crore IPO on August 11, plans capacity expansion and acquisitions
  • Best Crypto Presale: AlphaPepe Targets Tier-1 CEX Listings While XRP Price Prediction Stalls

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • ‘Hathkadi’ Goes Viral: Mr. UK’s Latest Track Becomes a Chart-Topper Across Platforms Entertainment
  • Viral Desai Highlights ‘Waste to Wealth’ and Sustainable Growth at Daman Industrial Expo National
  • Secure Your Future: Some of the Best Fixed Deposit Rates in India 2024 Business
  • Active Clothing Co Limited Reports FY26 Performance with Total Income of Rs 318.31 Cr and PAT Growth of 19% Business
  • Ehime Fish Festival 2026 Brings Japan’s Iconic Yellowtail to Mumbai in a Landmark Culinary Celebration Lifestyle
  • Bilal Kazi: The Influential and Genius Entrepreneur Business
  • Dr. Omkar Prasad Baidya: Unraveling the Tapestry of Wisdom and Compassion Lifestyle
  • ‘Dilli Kaand’, a Journey of Painful Incidents, Directed By Kritik Kumar to Be Released On 24th September 2021 Lifestyle

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme