Board Meeting Details

The Board meeting commenced at 12:30 PM and concluded at 01:45 PM on 14th November 2026. The meeting was digitally signed by Harpreet Kaur, Company Secretary (ACS 49237).

Financial Results Overview

The unaudited financial results are presented in ₹ lakhs except for EPS data.

Quarterly Performance (Q2 FY27 vs Q2 FY26 vs Q1 FY27)

  • Total Income: ₹26.08 lakh (Q2 FY27) vs ₹25.90 lakh (Q2 FY26) vs ₹38.93 lakh (Q1 FY27)
  • Employee Benefits Expense: ₹21.16 lakh vs ₹20.74 lakh vs ₹21.05 lakh
  • Finance Costs: ₹0.08 lakh vs ₹0.05 lakh vs ₹0.03 lakh
  • Depreciation: ₹0.91 lakh vs ₹0.99 lakh vs ₹0.91 lakh
  • Power & Fuel Expense: ₹5.01 lakh vs ₹3.14 lakh vs ₹0.51 lakh
  • Other Expenses: ₹4.43 lakh vs ₹8.65 lakh vs ₹7.92 lakh
  • Profit/(Loss) Before Tax: (₹5.51) lakh vs (₹7.67) lakh vs ₹8.51 lakh
  • Tax Expense: Current Tax: Nil vs (₹0.29) lakh vs Nil; Deferred Tax: (₹4.83) lakh vs ₹1.65 lakh vs ₹3.73 lakh
  • Net Profit/(Loss): (₹0.68) lakh vs (₹9.03) lakh vs ₹4.78 lakh
  • EPS (Basic & Diluted): (₹0.01) vs (₹0.13) vs ₹0.07

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Total Income: ₹65.01 lakh (H1 FY27) vs ₹68.83 lakh (H1 FY26)
  • Employee Benefits Expense: ₹42.21 lakh vs ₹41.71 lakh
  • Finance Costs: ₹0.11 lakh vs ₹0.08 lakh
  • Depreciation: ₹1.82 lakh vs ₹1.99 lakh
  • Power & Fuel Expense: ₹5.52 lakh vs ₹6.34 lakh
  • Other Expenses: ₹12.35 lakh vs ₹14.42 lakh
  • Profit/(Loss) Before Tax: ₹3.00 lakh vs ₹4.29 lakh
  • Tax Expense: Current Tax: Nil vs Nil; Deferred Tax: (₹1.10) lakh vs ₹2.30 lakh
  • Net Profit/(Loss): ₹4.10 lakh vs ₹1.99 lakh
  • EPS (Basic & Diluted): ₹0.06 vs ₹0.03

Annual Comparison (FY26 Audited)

  • Total Income: ₹134.14 lakh
  • Net Profit: ₹4.50 lakh
  • EPS: ₹0.07

Balance Sheet Position (as at 30th September 2026)

  • Total Assets: ₹419.95 lakh (vs ₹406.25 lakh as at 31st March 2026)
  • Non-Current Assets: ₹330.27 lakh (including Property, Plant & Equipment: ₹39.83 lakh, Investments: ₹269.56 lakh)
  • Current Assets: ₹89.68 lakh (including Investments: ₹24.85 lakh, Trade Receivables: ₹9.48 lakh, Current Tax Assets: ₹4.63 lakh)
  • Total Equity: ₹306.29 lakh (Equity Share Capital: ₹681.44 lakh, Other Equity: (₹393.15) lakh)
  • Non-Current Liabilities: ₹35.80 lakh
  • Current Liabilities: ₹77.86 lakh

Cash Flow Statement (H1 FY27)

  • Net Cash Used in Operating Activities: (₹62.66) lakh
  • Net Cash from Investing Activities: ₹56.48 lakh (primarily from sale of investments and rental income)
  • Net Cash from Financing Activities: (₹0.05) lakh
  • Net Increase in Cash: (₹6.23) lakh
  • Opening Cash: ₹15.71 lakh
  • Closing Cash: ₹9.48 lakh

Key Notes to Financial Results

1. The company has only one reportable segment: Textiles.

2. Financial results prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI LODR Regulations.

3. The company has no subsidiaries, associates, or joint ventures as of 30th September 2026.

4. Employee benefit provisions (Gratuity & Leave with Wages) made on estimated basis for the quarter, with final adjustment to be made in annual audited accounts based on actuarial valuation.

5. Other income includes gains on fair valuation of investments: ₹16.39 lakh for H1 FY27 (₹0.70 lakh in Q2, ₹15.69 lakh in Q1).

6. The results were reviewed by the Audit Committee and approved by the Board. Statutory auditors conducted a limited review.

Auditor's Review Report

Kamboj Malhotra & Associates (Firm Regn. No. 015848N) issued a limited review report stating that nothing came to their attention suggesting material misstatement. However, they included an Emphasis of Matter regarding Note 5 about provisional employee benefit provisions that will require adjustment based on year-end actuarial valuation.

Capital Structure

  • Paid-up Equity Share Capital: ₹681.44 lakh (Face Value ₹10 each)
  • No change in share capital during the period