Board Meeting Details

The Board of Directors meeting was held on November 07, 2026 from 03:00 PM to 03:40 PM at the corporate office.

Financial Results Approval

The Board approved the Unaudited Financial Results as per Indian Accounting Standard (Ind AS) for the quarter and half year ended September 30, 2026, together with the Limited Review Report of the Statutory Auditor.

Regulatory Fine Disclosure

The Board took note of a fine paid pursuant to a notice received from BSE Limited regarding delayed submission of the Annual Report. The fine amount was ₹9,440 (Rupees Nine Thousand Four Hundred Forty Only) paid under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (Chapter VII(A) - Penal Actions for Non-Compliance). The Company is submitting a separate disclosure to BSE Limited under Regulation 30 of SEBI LODR regarding this payment.

Financial Performance Highlights (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹3,111.41 lakh (compared to ₹1,898.04 lakh in Q2 FY26)
  • Other Income: ₹49.84 lakh
  • Total Income: ₹3,161.25 lakh
  • Total Expenses: ₹3,052.37 lakh (including cost of materials consumed: ₹2,038.25 lakh, employee benefits: ₹72.70 lakh, finance cost: ₹45.42 lakh, depreciation: ₹40.39 lakh)
  • Profit before tax: ₹108.88 lakh (compared to ₹58.44 lakh in Q2 FY26)
  • Tax expense: ₹27.44 lakh (Current tax: ₹25.10 lakh, Deferred tax: ₹2.34 lakh)
  • Profit for the period: ₹81.44 lakh (compared to ₹45.15 lakh in Q2 FY26)
  • Earnings per share (Basic & Diluted): ₹2.02 (Face value ₹10 per share)

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

  • Revenue from operations: ₹6,083.43 lakh (compared to ₹3,856.60 lakh in H1 FY26)
  • Other Income: ₹85.43 lakh
  • Total Income: ₹6,168.86 lakh
  • Total Expenses: ₹5,957.51 lakh
  • Profit before tax: ₹211.35 lakh (compared to ₹124.61 lakh in H1 FY26)
  • Tax expense: ₹53.35 lakh (Current tax: ₹49.04 lakh, Deferred tax: ₹4.31 lakh)
  • Profit for the period: ₹158.00 lakh (compared to ₹94.86 lakh in H1 FY26)
  • Earnings per share (Basic & Diluted): ₹3.91 (Face value ₹10 per share)

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹6,048.64 lakh (compared to ₹5,258.52 lakh as at March 31, 2026)
  • Non-current assets: ₹2,151.51 lakh (Property, plant and equipment: ₹2,071.34 lakh, Capital work-in-progress: ₹57.84 lakh)
  • Current assets: ₹3,897.12 lakh (Inventories: ₹1,362.73 lakh, Trade receivables: ₹1,879.70 lakh, Cash and cash equivalents: ₹238.56 lakh)
  • Equity: ₹2,670.82 lakh (Equity share capital: ₹404.00 lakh, Other equity: ₹2,266.82 lakh)
  • Non-current liabilities: ₹931.35 lakh (Borrowings: ₹812.90 lakh, Deferred tax liabilities: ₹92.60 lakh)
  • Current liabilities: ₹2,446.46 lakh (Borrowings: ₹1,032.34 lakh, Trade payables: ₹1,217.37 lakh)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹360.88 lakh
  • Net cash used in investing activities: ₹(215.08) lakh (mainly purchase of fixed assets: ₹215.92 lakh)
  • Net cash flow from financing activities: ₹69.90 lakh (repayment of short-term borrowings: ₹66.80 lakh, proceeds from long-term borrowings: ₹228.36 lakh)
  • Net increase in cash and cash equivalents: ₹215.70 lakh
  • Cash and cash equivalents at end of period: ₹238.56 lakh (from ₹22.85 lakh at beginning)

Auditor's Review

O. P. Bhandari & Co., Chartered Accountants (FRN: 112633W) issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.

Additional Notes

  • The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company has only one segment (no separate reportable segments)
  • Figures of previous periods have been regrouped/restated where necessary
  • Paid-up equity share capital remains unchanged at ₹404.00 lakh (40.4 lakh shares of ₹10 face value)