Board Meeting Details
The Board of Directors meeting was held on 31st October, 2026 from 03:00 P.M. to 04:00 P.M. The board approved the Standalone Unaudited Financial Results for the quarter ended 30th September, 2026 along with the Limited Review Report issued by the statutory auditor, Shivam Soni & Co., Chartered Accountants.
Financial Results Overview (Quarter Ended 30th September, 2026)
Income:
- Revenue from operations: Rs 223.85 lakh
- Other income: Rs 0.00 lakh
- Total Income: Rs 223.85 lakh
Expenses:
- Purchases of stock-in-trade: Rs 144.23 lakh
- Changes in inventories: Rs 73.91 lakh
- Employee benefits expense: Rs 0.79 lakh
- Finance costs: Rs 0.06 lakh
- Depreciation and amortization: Rs 0.04 lakh
- Other expenses: Rs 4.46 lakh
- Total Expenses: Rs 223.48 lakh
Profitability:
- Profit before tax: Rs 0.37 lakh (compared to loss of Rs (3.41) lakh in previous quarter Q1 FY27 and profit of Rs 14.00 lakh in Q2 FY26)
- Tax expense: Rs 0.00 lakh
- Profit for the period: Rs 0.37 lakh (compared to Rs 11.20 lakh in Q2 FY26)
- Other Comprehensive Income: Rs (49.03) lakh (fair value changes on equity instruments through OCI)
- Total Comprehensive Income: Rs (48.66) lakh
Per Share Data:
- Basic EPS: Rs 0.02
- Diluted EPS: Rs 0.02
- Paid-up equity share capital: Rs 209.08 lakh
- Face value per equity share: Rs 10.00
Half Year Performance (1st April 2026 to 30th September 2026)
Income:
- Revenue from operations: Rs 392.95 lakh
- Other income: Rs 0.00 lakh
- Total Income: Rs 392.95 lakh
Profitability:
- Loss before tax: Rs (3.05) lakh
- Tax expense: Rs (0.00) lakh (deferred tax credit)
- Loss for the period: Rs (3.04) lakh
- Other Comprehensive Income: Rs 93.05 lakh
- Total Comprehensive Income: Rs 90.01 lakh
- Basic EPS: Rs (0.15)
- Diluted EPS: Rs (0.15)
Statement of Assets and Liabilities (as at 30th September 2026)
Total Assets: Rs 1,105.91 lakh (vs Rs 994.58 lakh as at 31st March 2026)
Non-current Assets: Rs 189.34 lakh
- Property, plant and equipment: Rs 0.34 lakh
- Financial assets - Loans: Rs 181.38 lakh
- Deferred tax assets: Rs 0.04 lakh
- Other non-current assets: Rs 7.58 lakh
Current Assets: Rs 916.57 lakh
- Inventories: Rs 7.08 lakh
- Financial assets - Investments: Rs 664.35 lakh
- Trade receivables: Rs 202.79 lakh
- Cash and cash equivalents: Rs 13.99 lakh
- Current tax assets: Rs 4.02 lakh
- Other current assets: Rs 24.34 lakh
Equity and Liabilities:
- Total Equity: Rs 535.07 lakh (Equity share capital: Rs 209.08 lakh, Other equity: Rs 325.99 lakh)
- Total Current Liabilities: Rs 570.84 lakh
- Borrowings: Rs 370.24 lakh
- Trade payables: Rs 199.48 lakh
- Provisions: Rs 0.69 lakh
- Current tax liabilities: Rs 0.43 lakh
Statement of Cash Flows (Half Year Ended 30th September 2026)
- Net cash used in operating activities: Rs (2.73) lakh
- Net cash from investing activities: Rs 6.00 lakh
- Net cash used in financing activities: Rs (0.07) lakh
- Net increase in cash and cash equivalents: Rs 3.20 lakh
- Cash and cash equivalents at beginning: Rs 10.80 lakh
- Cash and cash equivalents at end: Rs 13.99 lakh
Auditor's Limited Review Report
Shivam Soni & Co., Chartered Accountants (FRN: 152477W) issued a limited review report stating that nothing has come to their attention that causes them to believe the financial results contain material misstatement. The review was conducted in accordance with SRE 2410.
Other Matters noted by Auditor:
- Balances of Trade Receivables, Trade Payables, Loans and Advances, Borrowings and Deposits are subject to confirmation and consequential reconciliation
- Figures for previous periods were reviewed/audited by another auditor
Additional Information
- The company operates in a single segment
- Figures of previous periods have been regrouped/rearranged for comparability
- The financial results were prepared in accordance with Ind AS 34 and other accounting principles generally accepted in India
- The results were reviewed by the Audit Committee and approved by the Board of Directors