Board Meeting Details

The Board of Directors meeting was held on Friday, October 30, 2026, commencing at 04:00 PM and concluding at 05:15 PM.

Financial Results Approval

The Board considered and approved the Unaudited Standalone Financial Results of the Company for the half year ended September 30, 2026. The financial results were reviewed by the audit committee and approved by the Board of directors.

Key Financial Figures (All amounts in ₹ Lakhs)

Balance Sheet as at September 30, 2026:

  • Total Equity and Liabilities: ₹16,683.12 lakhs (March 31, 2026: ₹14,672.27 lakhs)
  • Share Capital: ₹1,403.26 lakhs (unchanged from previous period)
  • Reserves and Surplus: ₹4,574.80 lakhs (March 31, 2026: ₹3,873.53 lakhs)
  • Long-term Borrowings: ₹1,577.46 lakhs (March 31, 2026: ₹1,383.78 lakhs)
  • Short-term Borrowings: ₹4,021.95 lakhs (March 31, 2026: ₹4,420.81 lakhs)
  • Total Assets: ₹16,683.12 lakhs (March 31, 2026: ₹14,672.27 lakhs)
  • Property, Plant and Equipment: ₹6,391.39 lakhs (March 31, 2026: ₹6,278.34 lakhs)
  • Inventories: ₹4,241.82 lakhs (March 31, 2026: ₹3,523.25 lakhs)
  • Trade Receivables: ₹3,578.11 lakhs (March 31, 2026: ₹2,879.85 lakhs)

Statement of Profit and Loss for Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹11,993.39 lakhs
  • Other Income: ₹280.50 lakhs
  • Total Income: ₹12,273.89 lakhs
  • Cost of Materials Consumed: ₹8,720.80 lakhs
  • Employee Benefit Expenses: ₹1,703.48 lakhs
  • Finance Costs: ₹175.95 lakhs
  • Depreciation and Amortization: ₹478.31 lakhs
  • Other Expenses: ₹669.67 lakhs
  • Total Expenses: ₹11,342.61 lakhs
  • Profit Before Tax: ₹931.28 lakhs
  • Tax Expense: ₹229.02 lakhs (Current Tax: ₹262.35 lakhs, Deferred Tax: -₹33.33 lakhs)
  • Profit for the Period: ₹702.26 lakhs
  • Basic EPS: ₹5.00 per equity share of face value ₹100 each
  • Diluted EPS: ₹5.00 per equity share of face value ₹100 each

Comparative Figures:

  • Half Year Ended September 30, 2025: Net loss of ₹755.41 lakhs with Basic EPS of -₹16.15
  • Year Ended March 31, 2026: Net loss of ₹546.96 lakhs with Basic EPS of -₹3.90

Cash Flow Statement for Half Year Ended September 30, 2026:

  • Net Cash from Operating Activities: ₹926.48 lakhs
  • Net Cash Used in Investing Activities: -₹604.49 lakhs
  • Net Cash Used in Financing Activities: -₹382.13 lakhs
  • Net Decrease in Cash: -₹60.15 lakhs
  • Cash and Bank Balances at End: ₹29.26 lakhs (Cash in hand: ₹14.94 lakhs, Current accounts: ₹14.32 lakhs)

Auditor Review

Ramanand & Associates (FRN: 117776W) issued a limited review report pursuant to Regulation 33 of SEBI Listing Regulations. CA Karan Verma (Membership No. 161335) signed the review report which stated that nothing came to their attention suggesting material misstatement in the financial results.

Accounting Policies

  • The company has not adopted Indian Accounting Standards (IND AS) in terms of exemption available to Companies listed on SME Platform
  • The company does not have more than one reportable segment in terms of AS-17
  • Previous period figures have been regrouped/reclassified where necessary