Advance Technoforge Limited held its Board of Directors meeting on November 05, 2026, from 10:30 AM to 11:30 PM at its Registered Office. The board approved the unaudited standalone financial results for the half year ended September 30, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights (Rs in lakhs)

Income Statement:

  • Revenue from Operations: ₹3,733.74 (vs. ₹2,244.56 in H1 FY26 and ₹5,004.82 in FY26)
  • Other Income: ₹45.80 (vs. ₹11.67 in H1 FY26 and ₹67.86 in FY26)
  • Total Income: ₹3,779.54 (vs. ₹2,256.23 in H1 FY26 and ₹5,072.68 in FY26)
  • Cost of Material Consumed: ₹1,902.71 (vs. ₹1,176.15 in H1 FY26 and ₹2,494.39 in FY26)
  • Employee Benefit Expenses: ₹365.27 (vs. ₹266.28 in H1 FY26 and ₹614.74 in FY26)
  • Finance Costs: ₹86.66 (vs. ₹67.18 in H1 FY26 and ₹153.63 in FY26)
  • Depreciation and Amortization: ₹73.66 (vs. ₹29.27 in H1 FY26 and ₹129.12 in FY26)
  • Profit before Tax: ₹390.30 (vs. ₹243.88 in H1 FY26 and ₹552.60 in FY26)
  • Tax Expenses: ₹90.46 (Current Tax: ₹76.20, Deferred Tax: ₹14.26, Prior Period Taxes: ₹0)
  • Profit after Tax: ₹299.84 (vs. ₹176.84 in H1 FY26 and ₹405.86 in FY26)
  • Earnings Per Share (Basic & Diluted): ₹4.07 (vs. ₹2.72 in H1 FY26 and ₹6.24 in FY26)

Balance Sheet Position (as at September 30, 2026):

  • Share Capital: ₹903.08 (increased from ₹650.00 as at March 31, 2026)
  • Reserves and Surplus: ₹2,850.05 (increased from ₹719.10)
  • Total Equity: ₹3,753.13 (vs. ₹1,369.10)
  • Long-term Borrowings: ₹279.84 (decreased from ₹622.76)
  • Short-term Borrowings: ₹1,033.89 (vs. ₹1,106.35)
  • Trade Payables: ₹1,743.71 (Micro and Small Enterprises: ₹439.84, Others: ₹1,303.87)
  • Total Liabilities: ₹7,054.68 (vs. ₹4,692.03)
  • Property, Plant and Equipment: ₹1,946.79 (vs. ₹1,721.93)
  • Intangible Assets: ₹4.29 (vs. ₹1.79)
  • Other Non-current Assets: ₹1,575.66 (vs. ₹263.57)
  • Inventories: ₹1,394.31 (vs. ₹1,252.55)
  • Trade Receivables: ₹1,609.95 (vs. ₹1,316.29)
  • Cash and cash equivalents: ₹236.01 (significantly increased from ₹3.79)
  • Total Assets: ₹7,054.68 (vs. ₹4,692.03)

Cash Flow Statement (Six months ended September 30, 2026):

  • Cash from Operating Activities: ₹378.38
  • Cash used in Investing Activities: ₹(1,687.24) including Purchase of Property, Plant and Equipment: ₹(432.31) and Investment in Term Deposits: ₹(1,271.04)
  • Cash from Financing Activities: ₹1,541.09 including Proceeds from Issue of Share Capital: ₹2,043.12
  • Net Increase in Cash: ₹232.22
  • Closing Cash Balance: ₹236.01

Additional Information

  • The financial statements are prepared in accordance with Indian GAAP and Accounting Standards
  • The company operates in a single business segment with operations entirely within India
  • During the reporting period, the company received 3 investor complaints, all of which were resolved
  • The limited review was conducted by statutory auditors R V D & Co (ICAI Firm Registration No 143936W)
  • Previous year figures have been re-grouped and re-classified for comparability
  • Other expenses include operational, statutory, and administrative expenses such as Power Fuel, Packing Material, Factory Electricity, Freight Inward, Advertisement, Canteen, and Import Duty Expenses