Key Quantitative Figures

Standalone Results (Q2 FY27):

  • Revenue from Operations: ₹198.38 lakhs
  • Total Revenue: ₹230.76 lakhs
  • Total Expenditure: ₹216.84 lakhs
  • Profit Before Tax: ₹13.93 lakhs
  • Tax Expenses: ₹3.50 lakhs
  • Net Profit: ₹10.43 lakhs
  • Basic EPS: ₹0.02
  • Diluted EPS: ₹0.02

Consolidated Results (Q2 FY27):

  • Revenue from Operations: ₹835.57 lakhs
  • Total Revenue: ₹870.09 lakhs
  • Profit Before Tax: ₹58.50 lakhs
  • Tax Expenses: ₹14.84 lakhs
  • Net Profit: ₹40.85 lakhs
  • Minority Interest: ₹2.81 lakhs
  • Basic EPS: ₹0.07
  • Diluted EPS: ₹0.07

Half Year Performance (FY27):

  • Standalone Net Profit (H1): ₹27.64 lakhs
  • Consolidated Net Profit (H1): ₹40.85 lakhs

Dates of Action

  • Financial period ended: 30th September, 2026
  • Board approval date: 11th November, 2026
  • Limited review report date: 11th November, 2026

Parties Involved

  • Parent Company: Ajcon Global Services Limited
  • Subsidiaries: Ajcon Finance Limited, Ajcon Comtrade Private Limited, Kanchanmanik Securities Private Limited
  • Auditors: Bhatter & Company Chartered Accountants (FRN: 131092W)

Capital Structure Impact

  • During Q2 FY27, 10,00,000 Convertible Warrants were cancelled due to non-payment of balance amount (75%) within stipulated 18-month timeframe
  • Subscription amount of ₹1.65 crore (25%) was forfeited and transferred to Capital Reserves Account
  • Paid-up equity share capital: ₹611.62 lakhs (face value Re.1/- per share)

Balance Sheet Position (Consolidated as at 30/09/2026)

  • Total Assets: ₹4,054.47 lakhs
  • Investments: ₹1,769.18 lakhs
  • Inventories: ₹1,509.33 lakhs
  • Cash and cash equivalents: ₹15.95 lakhs
  • Bank balances: ₹69.16 lakhs
  • Total Liabilities: ₹1,266.40 lakhs
  • Borrowings: ₹913.87 lakhs
  • Equity: ₹2,577.54 lakhs
  • Minority Interest: ₹160.44 lakhs

Cash Flow Statement (Consolidated H1 FY27)

  • Net cash used in operating activities: ₹(111.02) lakhs
  • Net cash from investing activities: ₹39.96 lakhs
  • Net cash used in financing activities: ₹(12.97) lakhs
  • Net decrease in cash: ₹(84.06) lakhs

Additional Notes

  • Other income includes profit of ₹31.44 lakhs from sale of fixed assets
  • No exceptional/extraordinary items during the quarter
  • No reportable segments pursuant to Ind AS-108
  • Figures for previous periods have been reconstituted, regrouped, rearranged and reclassified wherever necessary

Auditor Review

  • Limited review conducted by Bhatter & Company Chartered Accountants
  • No material misstatements found in both standalone and consolidated financial results
  • Review performed in accordance with SRE 2410 and SEBI Regulation 33(8)