Financial Results Summary

Income Statement Highlights (Rupees in Lakhs):

  • Revenue from Operations: Rs 0.00 for all periods (Q2 FY27, Q1 FY27, Q2 FY26, H1 FY27, H1 FY26, and FY26)
  • Other Income: Rs 0.00 for current periods (compared to Rs 25.60 in FY26)
  • Total Income: Rs 0.00 for current periods (compared to Rs 25.60 in FY26)
  • Employee Benefit Expenses: Rs 0.54 (Q2 FY27), Rs 0.54 (Q1 FY27), Rs 0.54 (Q2 FY26), Rs 1.08 (H1 FY27), Rs 1.08 (H1 FY26), Rs 2.16 (FY26)
  • Finance Cost: Rs 0.66 (Q2 FY27), Rs 0.42 (Q1 FY27), Rs 0.25 (Q2 FY26), Rs 1.08 (H1 FY27), Rs 0.40 (H1 FY26), Rs 1.02 (FY26)
  • Other Expenses: Rs 1.10 (Q2 FY27), Rs 1,665.30 (Q1 FY27), Rs 0.69 (Q2 FY26), Rs 1,667.60 (H1 FY27), Rs 7.49 (H1 FY26), Rs 10.94 (FY26)
  • Total Expenses: Rs 2.30 (Q2 FY27), Rs 1,665.30 (Q1 FY27), Rs 1.48 (Q2 FY26), Rs 1,667.60 (H1 FY27), Rs 8.97 (H1 FY26), Rs 14.13 (FY26)
  • Loss Before Tax: Rs (2.30) (Q2 FY27), Rs (1,665.30) (Q1 FY27), Rs (1.48) (Q2 FY26), Rs (1,667.60) (H1 FY27), Rs (8.97) (H1 FY26), Rs 11.48 (FY26)
  • Net Loss: Rs (2.30) (Q2 FY27), Rs (1,665.30) (Q1 FY27), Rs (1.48) (Q2 FY26), Rs (1,667.60) (H1 FY27), Rs (8.97) (H1 FY26), Rs 11.48 (FY26)
  • Total Comprehensive Income: Rs (2.30) (Q2 FY27), Rs (1,665.30) (Q1 FY27), Rs (1.48) (Q2 FY26), Rs (1,667.60) (H1 FY27), Rs (8.97) (H1 FY26), Rs 11.48 (FY26)

Earnings Per Share (Rs):

  • Basic EPS (continuing operations): Rs (0.00) (Q2 FY27), Rs (4.77) (Q1 FY27), Rs (0.00) (Q2 FY26), Rs (4.78) (H1 FY27), Rs (0.03) (H1 FY26), Rs 0.03 (FY26)
  • Diluted EPS (continuing operations): Rs (0.00) (Q2 FY27), Rs (4.77) (Q1 FY27), Rs (0.00) (Q2 FY26), Rs (4.78) (H1 FY27), Rs (0.03) (H1 FY26), Rs 0.03 (FY26)

Capital Structure:

  • Paid-up Equity Share Capital (Face Value Rs. 10/- each): Rs 3,488.00 lakh for all periods

Balance Sheet Position (as at September 30, 2026)

Assets (Rs. in Lakhs):

  • Total Non-current Assets: Rs 53.89 (compared to Rs 53.69 as at March 31, 2026)
  • Current Assets:
  • Inventories: Rs 16.00
  • Cash and Cash Equivalents: Rs 1.48 (compared to Rs 1.53 as at March 31, 2026)
  • Loans & Advances: Rs 260.00 (compared to Rs 867.67 as at March 31, 2026)
  • Other Current Assets: Rs 3,941.00 (compared to Rs 10,504.50 as at March 31, 2026)
  • Total Current Assets: Rs 3,168.90 (compared to Rs 19,356.40 as at March 31, 2026)
  • Total Assets: Rs 3,707.80 (compared to Rs 19,895.30 as at March 31, 2026)

Liabilities and Equity (Rs. in Lakhs):

  • Equity Share Capital: Rs 3,488.00
  • Other Equity: Rs (3,563.60) (compared to Rs (1,895.99) as at March 31, 2026)
  • Total Equity: Rs (75.60) (compared to Rs 1,592.01 as at March 31, 2026)
  • Non-current Liabilities (Trade Payables): Rs 2,120.40
  • Current Liabilities:
  • Borrowings: Rs 2,233.70 (compared to Rs 1,755.70 as at March 31, 2026)
  • Trade Payables: Rs 1.95
  • Other Current Liabilities: Rs 9.01 (compared to Rs 8.14 as at March 31, 2026)
  • Total Current Liabilities: Rs 2,343.30 (compared to Rs 1,654.50 as at March 31, 2026)
  • Total Liabilities: Rs 4,463.80 (compared to Rs 3,975.20 as at March 31, 2026)

Cash Flow Statement (Half year ended September 30, 2026)

Operating Activities (Rs. in Lakhs):

  • Profit Before Tax: Rs (1,667.60)
  • Adjustments: Finance Cost: Rs 1.08
  • Changes in Working Capital:
  • (Increase)/Decrease in Loans and Advances: Rs 607.67
  • (Increase)/Decrease in Other Current assets: Rs 1,011.03
  • Increase/(Decrease) in Trade Payables: Rs 0.19
  • Increase/(Decrease) in Other Current Liabilities: Rs 0.87
  • Cash generated from operations: Rs (46.77)
  • Net cash flow from operating activities: Rs (46.77)

Investing Activities:

  • Net cash flow used in investing activities: Rs 0.00

Financing Activities:

  • Proceeds from Borrowings: Rs 47.80
  • Finance cost: Rs (1.08)
  • Net cash flow from financing activities: Rs 46.72
  • Net increase in cash and cash equivalents: Rs (0.05)
  • Cash and cash equivalents at beginning of year: Rs 1.53
  • Cash and cash equivalents at end of period: Rs 1.48

Regulatory Compliance and Review

  • The unaudited financial results were reviewed by the audit committee and approved by the board of directors in their meetings held on 13th November 2026.
  • The statutory auditors, B.M. Gattani & Co., Chartered Accountants (ICAI FRN: 113536W), conducted a limited review of the results as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The results were prepared in accordance with Companies (Indian Accounting Standard) Rules, 2015 prescribed under Section 133 of the Companies Act, 2013.
  • A declaration pursuant to Regulation 33(3)(c) of SEBI (Listing Obligation and Disclosure Requirements), 2015 was submitted to the Bombay Stock Exchange.

Signatories and Approvals

  • Shantanu Sheorey, Whole Time Director (DIN: 00443703), approved the financial statements.
  • Nisarg Shah, Company Secretary and Compliance Officer, signed the regulatory submissions.
  • Balmukund N Gattani (Proprietor, Mem. No.: 047066) issued the limited review report on behalf of B.M. Gattani & Co.