Financial Results Approval

The Board of Directors at its meeting held on 12th November 2026 approved the Unaudited Standalone and Consolidated Financial Results for the half year ended 30th September 2026 along with the Limited Review Report issued by the Statutory Auditors.

Key Financial Figures - Standalone (₹ in Lakhs)

Income Statement:

  • Revenue from Operations: 9,779.38 (vs 6,658.04 in H1 FY26, +47% YoY)
  • Other Income: 112.88 (vs 54.15 in H1 FY26)
  • Total Revenue: 9,892.26 (vs 6,712.19 in H1 FY26)
  • Cost of Materials Consumed: 5,799.01 (vs 3,279.00 in H1 FY26)
  • Employee Benefit Expenses: 446.25 (vs 184.53 in H1 FY26)
  • Finance Costs: 31.43 (vs 28.23 in H1 FY26)
  • Depreciation & Amortisation: 167.75 (vs 177.84 in H1 FY26)
  • Other Expenses: 1,088.08 (vs 802.26 in H1 FY26)
  • Total Expenses: 7,345.03 (vs 5,041.26 in H1 FY26)
  • Profit Before Tax: 2,547.23 (vs 1,670.93 in H1 FY26, +53% YoY)
  • Current Tax: 651.29 (vs 430.83 in H1 FY26)
  • Profit After Tax: 1,895.94 (vs 1,240.10 in H1 FY26, +53% YoY)
  • Basic EPS: ₹16.52 (vs ₹11.82 in H1 FY26)
  • Diluted EPS: ₹16.38 (vs ₹11.82 in H1 FY26)

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

  • Share Capital: 1,157.50
  • Reserves and Surplus: 26,796.45
  • Money received against share warrant: 5,674.41
  • Total Equity and Liabilities: 39,735.93
  • Property, Plant & Equipment: 4,419.50
  • Capital Work-in-Progress: 10,465.65
  • Non-Current Investment: 1,198.49
  • Inventories: 3,229.05
  • Trade Receivables: 8,725.84
  • Cash & Bank Balances: 4,029.40

Cash Flow Statement (H1 FY27):

  • Cash from Operating Activities: (1,690.22)
  • Cash from Investing Activities: (4,755.45)
  • Cash from Financing Activities: 9,897.72
  • Net change in cash: 3,452.05
  • Cash equivalents at period end: 4,029.40

Key Financial Figures - Consolidated (₹ in Lakhs)

Income Statement:

  • Revenue from Operations: 9,779.38
  • Other Income: 113.27
  • Total Revenue: 9,892.65
  • Profit Before Tax: 2,547.62
  • Profit After Tax: 1,896.23
  • Minority Interest: 0.12
  • Share of profit from Associates: 15.76
  • Profit for the period: 1,911.87
  • Basic EPS: ₹16.66
  • Diluted EPS: ₹16.52

Management Appointment

The Board approved the appointment of Ms. Nidhi Loharuka as Chief Financial Officer (CFO) and Key Managerial Personnel with effect from 1st December 2026. Ms. Loharuka is a Chartered Accountant with over 15 years of experience in finance, having worked across professional services, financial services and corporate organisations, including PwC.

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board
  • Mr. Girdhari Lal Chamaria, Managing Director, is authorized to sign the half-yearly financial results
  • The company is engaged in manufacturing forged components catering to various industries
  • The management is in process of identifying parties covered under MSME
  • Previous years figures have been rearranged/reclassified wherever necessary for comparability
  • The meeting commenced at 4:30 PM and concluded at 6:00 PM

Auditor's Review

K. N. Gutgutia & Co., Chartered Accountants (FRN NO: 304153E) issued a limited review report stating that nothing has come to their attention that causes them to believe that the unaudited financial results contain any material misstatement.