Adjia Technologies Limited's Board of Directors meeting was held on October 28, 2026, at the company's registered office in Ahmedabad from 2:00 PM to 6:00 PM. The Board considered and approved the Unaudited Standalone Financial Results for the half year ended September 30, 2026, as reviewed and recommended by the Audit Committee.

Financial Performance (Half-Year Ended September 30, 2026)

The company reported zero revenue from operations and zero other income, resulting in total revenue of ₹0.00 lakhs. Total expenses amounted to ₹8.40 lakhs, comprising employee benefits expense (₹1.46 lakhs), finance costs (₹0.02 lakhs), depreciation and amortization expense (₹3.84 lakhs), and other expenses (₹3.08 lakhs).

Loss before tax was ₹8.40 lakhs. Tax expense included a deferred tax expense of ₹2.98 lakhs, resulting in a total tax expense of ₹2.98 lakhs. The net loss for the period was ₹11.38 lakhs.

Comparative Financials

  • H1 FY27 (Sep 30, 2026): Net Loss ₹11.38 lakhs
  • H2 FY26 (Mar 31, 2026): Net Loss ₹6.51 lakhs (Audited)
  • H1 FY26 (Sep 30, 2025): Net Loss ₹5.99 lakhs (Unaudited)
  • Full Year FY26 (Mar 31, 2026): Net Loss ₹12.50 lakhs (Audited)

Earnings per share (basic and diluted) for H1 FY27 was (₹1.29) per share of face value ₹10 each (not annualized).

Balance Sheet Position (As at September 30, 2026)

Total equity and liabilities stood at ₹212.95 lakhs, compared to ₹221.16 lakhs as at March 31, 2026. Shareholders' funds comprised share capital of ₹88.04 lakhs (unchanged) and reserves and surplus of ₹114.44 lakhs (down from ₹125.82 lakhs).

Current liabilities totaled ₹10.47 lakhs, including short-term borrowings of ₹5.40 lakhs, trade payables of ₹0.37 lakhs, and other current liabilities of ₹4.70 lakhs.

Total assets were ₹212.95 lakhs, with non-current assets of ₹111.12 lakhs (including Property, Plant & Equipment of ₹39.35 lakhs, Intangible Assets of ₹1.07 lakhs, Intangible Assets under Development of ₹56.51 lakhs, and Deferred tax assets of ₹13.99 lakhs) and current assets of ₹101.83 lakhs (including trade receivables of ₹26.71 lakhs, cash and bank balances of ₹10.90 lakhs, and short-term loans and advances of ₹64.22 lakhs).

Cash Flow Statement

Net cash flow from operating activities was negative ₹0.19 lakhs. Cash flow from investing activities was nil. Cash flow from financing activities was negative ₹0.02 lakhs (finance cost paid).

Net decrease in cash and cash equivalents was ₹0.21 lakhs. Cash equivalents stood at ₹10.90 lakhs as of September 30, 2026 (₹10.09 lakhs cash-in-hand and ₹0.81 lakhs in bank current accounts), compared to ₹11.11 lakhs at the beginning of the period.

Regulatory Compliance and Notes

The financial results were prepared in accordance with Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The trading window was closed from October 1, 2026, and would remain closed until 48 hours after the declaration of financial results, per SEBI (Prohibition of Insider Trading) Regulations and exchange circulars.

The statutory auditor, Shubham D Jain & Co. (FRN: 034807C), issued a limited review report stating that nothing came to their attention suggesting material misstatements in the financial results prepared under SEBI LODR Regulation 33.

Additional Information

The company has only one reportable segment. Previous period figures have been regrouped/reclassified for comparison. The EPS is not annualized.