Meeting Details
The board meeting commenced at 05:45 PM and concluded at 11:45 PM on November 14, 2026.
Auditor Review
Kakaria and Associates LLP, Chartered Accountants (FRN No 104558W/W100601), issued unmodified review reports on both the consolidated and standalone financial results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India.
Consolidated Financial Performance (Half Year Ended September 30, 2026)
Income Statement:
- Total Income: ₹992.58 lakhs (Unaudited)
- Revenue from Operations: ₹987.18 lakhs
- Other Income: ₹5.40 lakhs
- Total Expenses: ₹939.34 lakhs
- Purchase of Stock in Trade: ₹1,094.73 lakhs
- Change in inventories: (₹210.42) lakhs
- Employee benefit expenses: ₹11.46 lakhs
- Finance Cost: ₹18.86 lakhs
- Depreciation & amortization: ₹0.72 lakhs
- Other expenditure: ₹23.99 lakhs
- Profit before tax: ₹53.24 lakhs
- Tax Expense: ₹11.56 lakhs
- Current Tax: ₹11.56 lakhs
- Deferred Tax: ₹0.00 lakhs
- Profit for the period: ₹41.68 lakhs
- Earnings per share (Basic and Diluted): ₹0.32
Quarterly Performance (Consolidated):
- Q2 FY2026 Total Income: ₹587.81 lakhs
- Q2 FY2026 Profit for the period: ₹20.63 lakhs
- Q2 FY2026 EPS: ₹0.16
Balance Sheet (Consolidated as of September 30, 2026):
- Total Assets: ₹8,323.10 lakhs
- Non-current assets: ₹5,906.01 lakhs (including Goodwill: ₹5,483.52 lakhs)
- Current assets: ₹2,417.10 lakhs (including Inventories: ₹618.18 lakhs)
- Total Equity: ₹6,725.05 lakhs
- Equity share capital: ₹1,291.45 lakhs
- Other equity: ₹5,433.60 lakhs
- Total Liabilities: ₹1,598.05 lakhs
- Current liabilities: ₹1,598.00 lakhs (including Borrowings: ₹983.73 lakhs)
Cash Flow Statement (Consolidated H1 FY2026):
- Cash from operating activities: ₹309.07 lakhs
- Cash used in investing activities: (₹2.01) lakhs
- Cash used in financing activities: (₹298.99) lakhs
- Net increase in cash: ₹8.08 lakhs
- Cash and cash equivalents at period end: ₹13.89 lakhs
Standalone Financial Performance (Half Year Ended September 30, 2026)
Income Statement:
- Total Income: ₹17.92 lakhs (Unaudited)
- Revenue from Operations: ₹16.37 lakhs
- Other Income: ₹1.55 lakhs
- Total Expenses: ₹16.96 lakhs
- Purchase of Stock in Trade: ₹27.60 lakhs
- Change in inventories: (₹12.00) lakhs
- Employee benefit expenses: ₹0.27 lakhs
- Other expenditure: ₹1.09 lakhs
- Profit before tax: ₹0.96 lakhs
- Tax Expense: ₹0.24 lakhs (Current Tax)
- Profit for the period: ₹0.72 lakhs
- Earnings per share (Basic and Diluted): ₹0.01
Balance Sheet (Standalone as of September 30, 2026):
- Total Assets: ₹6,745.24 lakhs
- Non-current assets: ₹6,691.12 lakhs (including Investments: ₹6,282.24 lakhs)
- Current assets: ₹54.12 lakhs
- Total Equity: ₹6,667.82 lakhs
- Equity share capital: ₹1,291.45 lakhs
- Other equity: ₹5,376.37 lakhs
- Total Liabilities: ₹77.41 lakhs (all current)
Subsidiary Information
The consolidated results include Manibhadra Industries Private Limited (MIPL), a wholly-owned subsidiary acquired on November 25, 2025. The company acquired 9,81,600 equity shares representing 100% of MIPL's equity share capital. MIPL is engaged in manufacture, sale, installation and export-import of electrical poles, lights, equipment, motors, transformers and other electrical materials.
For the period from April 1, 2026 to September 30, 2026, MIPL reported (before consolidation adjustments):
- Total revenue: ₹970.81 lakhs
- Total net profit: ₹40.95 lakhs
The subsidiary's financial results were not reviewed by its auditor but were approved and furnished by management.
Additional Notes
1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2026.
2. Results prepared in accordance with Indian Accounting Standards (Ind AS).
3. The company operates in a single business segment (Aviation) and single geographical segment (India).
4. Results are available on the NSE website (www.nseindia.com) and company website (www.acemenenggworks.com).