BSECompany Update5d ago · 4 Nov 2026, 11:43 am
Pursuant to Regulation 30 and other applicable provisions of the SEBI LODR Regulations, 2015, we are hereby enclosing the Press Release issued by the Company. Kindly take the same on your records.
Affordable Robotic & Automation Ltd · 541402
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Affordable Robotic & Automation Ltd's subsidiary ARAPL RaaS Private Limited (Humro) receives a $5.47 million order for 103 robots, marking a significant milestone in the company's expansion into autonomous material handling. The order is expected to generate recurring AMC revenue of 10-15% per annum.
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Affordable Robotic & Automation Ltd - 541402 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Email: account@arapl.co.in
Website: www.arapl.co.in
Affordable Robotic & Automation Limited CIN: L29299PN2010PLC135298
Date: November 04, 2026
To, To,
The Manager Listing department The Manager Listing department
BSE Limited NSE Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”,
Dalal Street, Fort, Bandra – Kurla Complex,
Mumbai – 400 001 Bandra (EAST), Mumbai – 400051
BSE SCRIP CODE: 541402 NSE SYMBOL: AFFORDABLE
Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Press Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed a copy of the press release titled "ARAPL subsidiary ARAPL RaaS
Private Limited (Humro) bags largest single order of US$5.47 Million for 103 Robots", being
issued by the Company.
The press release is also being uploaded on the Company's website at www.arapl.co.in/
We request you to kindly take the above information on your records.
Thank you.
Yours faithfully
For Affordable Robotic & Automation Limited
Milind Padole
Managing Director
DIN: 02140324
Encl: Attached
Address: Village Wadki, Gat No. 1209 Taluka Haveli, Dist. Pune, Pune, Maharashtra, India - 412308
Mobile: +91-7720018914
ARAPL subsidiary ARAPL RaaS Private Limited
(Humro)bags largest single order of US$5.47 Million
for 103 Robots
Full order value realised against sale, with recurring AMC revenue of 10–15%
per annum expected over the life of the robots.
Pune, November 04, 2026: Affordable Robotic & Automation Limited (ARAPL) (BSE:
541402 | NSE: AFFORDABLE), India’s first listed robotics company, today announced
that it has received an order of US$5.47 million (Rs 51.8 cr approx.) for 103 autonomous
robots received by its subsidiary, Humro.
The order covers a combined fleet of 103 robots across three of Humro’s autonomous
forklift lines: MAIA autonomous pallet jacks, ATLAS autonomous counterbalance
forklifts and HERMES autonomous reach trucks. This order needs to be delivered in this
financial year. The order marks a step change in Humro’s scale, from pilots to fleet-level
deployments.
In addition to the upfront sale revenue, the sale is expected to generate recurring AMC
revenue of 10–15% of the order value per annum as the robots are deployed,
continuing for the operating life of each robot. This combines an upfront sale with a long-
term, annuity-style income stream.
Robinson Philipose, CEO and Co-Founder, Humro, said: “A purchase order for 103
robots is a clear signal that customers are moving from pilots to fleet-scale autonomous
material handling. MAIA, ATLAS and HERMES together cover the core workflows of a
modern warehouse, from truck unloading and horizontal transport to high-bay storage,
and this order demonstrates the strength of offering them as a single autonomous fleet.
Just as importantly, every robot we deploy continues to earn recurring revenue for its
entire working life.”
Melind Padole, Founder and Managing Director, ARAPL, said: “This largest single order is
a significant milestone for the Humro. It validates our investment in Humro and our
strategy of building a global autonomous material handling business from India. With
good traction in US; we have already started preparations to expand our geographies in
13 more countries. In 2027 we will appoint dealers and tie-up with system integrators
across the globe.”
About ARAPL
Affordable Robotic & Automation Limited (ARAPL), established in 2005 and
headquartered in Pune, India, is a leading provider of turnkey automation solutions, with
two decades of expertise serving automotive, general industry and government
customers across India and international markets. It specialises in line automation,
robotic inspection, automated assembly, robotic welding cells and automated car
parking systems. Spanning 350,000 square feet with over 400 employees, ARAPL
operates from multiple facilities and, through its subsidiary Humro, has extended its
reach into autonomous mobile robotics across India, the US and Europe.
About Humro
Humro, an ARAPL RaaS brand, is India’s leading deep-tech robotics company
specialising in autonomous mobile robotic solutions for manufacturing, warehousing,
and industrial logistics. Its intelligent, safety-certified AMRs and AGVs are powered by
patented iWare navigation technology and proprietary FleetOps software, delivering
enterprise-grade automation with unmatched affordability. Through flexible commercial
models including Robotics-as-a-Service (RaaS), pay-per-use, leasing, and perpetual
licensing, Humro enables enterprises to modernise operations with minimal upfront
investment.
For more information visit: www.humro.com
For Media Queries Deepa Menon +91 98676 84883 deepa@fortunapr.com
Deepali Shah +91 90295 57708 deepali@fortunapr.com
For IR Queries Rajshree Ganguly +91 98338 07235 rajshree@fortunapr.com
Forward-looking statements: This release may contain forward-looking statements. Actual results may differ materially
due to risks and uncertainties, and the company undertakes no obligation to update them.