Key Financial Figures - Standalone (All figures in ₹ lakhs)

Income Statement - Quarter Ended 30.09.2026

  • Net Sales/Income from Operations: ₹1,429.33 (Q2 FY27) vs ₹1,837.91 (Q2 FY26)
  • Other Income: ₹128.26
  • Total Income: ₹1,557.59
  • Total Expenses: ₹1,484.33
  • Cost of material consumed: ₹893.50
  • Purchase of stock-in-trade: ₹302.86
  • Change in inventories: (₹104.31)
  • Employees benefits expense: ₹85.41
  • Finance Cost: ₹47.19
  • Depreciation and amortisation: ₹43.44
  • Power and fuel: ₹55.29
  • Other expenses: ₹160.95
  • Profit Before Tax: ₹73.26
  • Total Tax Expenses: ₹22.70
  • Profit for the period: ₹50.56

Income Statement - Half-Year Ended 30.09.2026

  • Net Sales/Income from Operations: ₹3,296.95 (H1 FY27) vs ₹2,974.37 (H1 FY26)
  • Other Income: ₹259.93
  • Total Income: ₹3,556.88
  • Total Expenses: ₹3,453.67
  • Profit Before Tax: ₹96.59
  • Total Tax Expenses: ₹31.17
  • Profit for the period: ₹65.42

Earnings Per Share (EPS)

  • Q2 FY27 Basic & Diluted: ₹0.05
  • H1 FY27 Basic & Diluted: ₹0.06
  • Full Year FY26 Basic & Diluted: ₹0.14

Capital Structure

  • Paid Up Equity Share Capital: ₹2,064.12 lakh
  • Other Equity: ₹6,659.45 lakh (as of 30.09.2026)
  • Face Value per share: ₹2.00

Balance Sheet Position - Standalone (As of 30.09.2026)

  • Total Assets: ₹14,095.36 lakh
  • Non-current assets: ₹3,498.77 lakh
  • Property Plant & Equipment: ₹1,156.08 lakh
  • Capital work-in-progress: ₹930.00 lakh
  • Investments: ₹103.54 lakh
  • Investment in subsidiaries/associates: ₹155.75 lakh
  • Other non-current assets: ₹1,152.96 lakh
  • Current assets: ₹10,596.59 lakh
  • Inventories: ₹4,430.63 lakh
  • Trade receivables: ₹2,483.83 lakh
  • Cash and cash equivalents: ₹280.48 lakh
  • Loans: ₹2,959.37 lakh
  • Current tax assets: ₹442.28 lakh
  • Total Equity: ₹8,723.57 lakh
  • Total Liabilities: ₹5,371.79 lakh
  • Non-current liabilities: ₹865.34 lakh (Borrowings)
  • Current liabilities: ₹4,506.45 lakh
  • Trade payable: ₹1,701.24 lakh
  • Other financial liabilities: ₹1,929.29 lakh
  • Provisions: ₹765.05 lakh
  • Other current liabilities: ₹110.87 lakh

Cash Flow Statement - Standalone (H1 FY27)

  • Cash flow from operating activities: Net outflow of ₹281.11 lakh
  • Cash flow from investing activities: Net outflow of ₹35.37 lakh
  • Purchase of fixed assets: ₹1.43 lakh
  • Addition in capital work in progress: ₹1.32 lakh
  • Other investing outflows: ₹32.62 lakh
  • Cash flow from financing activities: Net inflow of ₹427.97 lakh
  • Repayment of short-term borrowings: ₹0.97 lakh
  • Proceeds from long-term borrowings: ₹428.94 lakh
  • Net increase in cash: ₹111.49 lakh
  • Opening cash balance: ₹168.99 lakh
  • Closing cash balance: ₹280.48 lakh

Key Financial Figures - Consolidated (All figures in ₹ lakhs)

Income Statement - Quarter Ended 30.09.2026

  • Net Sales/Income from Operations: ₹2,489.00
  • Other Income: ₹179.87
  • Total Income: ₹2,668.87
  • Total Expenses: ₹2,568.07
  • Profit Before Tax: ₹100.83
  • Total Tax Expenses: ₹9.80
  • Profit for the period: ₹91.03
  • Share of profit of associates and joint venture: ₹32.41
  • Minority Interest: ₹2.62

Income Statement - Half-Year Ended 30.09.2026

  • Net Sales/Income from Operations: ₹5,393.21
  • Other Income: ₹360.00
  • Total Income: ₹5,753.21
  • Total Expenses: ₹5,573.32
  • Profit Before Tax: ₹173.27
  • Total Tax Expenses: ₹31.17
  • Profit for the period: ₹142.10
  • Share of profit of associates and joint venture: ₹77.80
  • Minority Interest: ₹6.38

Earnings Per Share (EPS) - Consolidated

  • Q2 FY27 Basic & Diluted: ₹0.04
  • H1 FY27 Basic & Diluted: ₹0.07
  • Full Year FY26 Basic & Diluted: ₹0.19

Balance Sheet Position - Consolidated (As of 30.09.2026)

  • Total Assets: ₹16,345.08 lakh
  • Non-current assets: ₹3,566.92 lakh
  • Current assets: ₹12,778.16 lakh
  • Inventories: ₹5,715.45 lakh
  • Trade receivables: ₹3,026.08 lakh
  • Cash and cash equivalents: ₹502.21 lakh
  • Loans: ₹2,986.06 lakh
  • Current tax assets: ₹548.36 lakh
  • Total Equity: ₹10,205.33 lakh
  • Equity share capital: ₹2,064.12 lakh
  • Other equity: ₹6,801.84 lakh
  • Non-controlling interest: ₹1,339.37 lakh
  • Total Liabilities: ₹6,139.75 lakh
  • Non-current liabilities: ₹865.34 lakh (Borrowings)
  • Current liabilities: ₹5,274.41 lakh
  • Trade payable: ₹1,701.23 lakh
  • Other financial liabilities: ₹2,424.88 lakh
  • Provisions: ₹890.92 lakh
  • Other current liabilities: ₹257.38 lakh

Cash Flow Statement - Consolidated (H1 FY27)

  • Cash flow from operating activities: Net outflow of ₹333.04 lakh
  • Cash flow from investing activities: Net outflow of ₹55.69 lakh
  • Purchase of fixed assets: ₹45.30 lakh
  • Work in progress of fixed assets: ₹23.13 lakh
  • Increase in investment: ₹0.90 lakh
  • Other investing outflows: ₹32.62 lakh
  • Cash flow from financing activities: Net inflow of ₹421.63 lakh
  • Decrease in short-term borrowings: ₹0.98 lakh
  • Increase in long-term borrowings: ₹422.61 lakh
  • Net increase in cash: ₹32.90 lakh
  • Opening cash balance: ₹469.31 lakh
  • Closing cash balance: ₹502.21 lakh

Related Party Transactions (H1 FY27)

The company disclosed the following material related party transactions:

1. AKI UK Limited (Wholly Owned Subsidiary)

  • Transaction type: Sale of goods or services
  • Value during reporting period: ₹457.00 lakh
  • Opening balance: ₹339.10 lakh
  • Closing balance: ₹164.07 lakh

2. AKI Castil Shoes LLP (Joint Venture)

  • Transaction type: Sale of goods or services
  • Value during reporting period: ₹300.46 lakh
  • Opening balance: ₹118.95 lakh
  • Closing balance: ₹9.64 lakh

3. Mohammad Ajwad (Managing Director)

  • Transaction type: Remuneration
  • Value during reporting period: ₹6.00 lakh
  • Opening balance: ₹1.07 lakh
  • Closing balance: ₹0.95 lakh

4. Mohammad Asjad (Director)

  • Transaction type: Remuneration
  • Value during reporting period: ₹6.00 lakh
  • Opening balance: ₹0.50 lakh
  • Closing balance: ₹0.99 lakh

Audit and Review Status

  • The financial results were reviewed by the audit committee and approved by the board of directors at its meeting held on November 6, 2026.
  • The statutory auditors, RK Parmarthi & Co. (FRN: 001121C), have carried out a limited review of both standalone and consolidated financial results for the quarter ended September 30, 2026.
  • The auditors issued an unmodified review conclusion, stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.
  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).

Additional Information

  • The company operates in only one primary segment: Leather & Leather Goods.
  • IND AS 108 relating to segment-wise reporting is not applicable.
  • Previous year/quarter figures have been regrouped/rearranged wherever necessary.
  • The company confirmed there are no outstanding defaults on loans and debt securities.
  • The statement on deviation or variation for proceeds of public issue is not applicable.