Board Meeting Details

The Board of Directors meeting was held on Friday, November 13, 2026, at the company's registered office in Haripar, Jamnagar, Gujarat. The meeting commenced at 05:15 PM and concluded at 06:00 PM.

Key Financial Results (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹106.18 crore
  • Other income: ₹2.51 crore
  • Total revenue: ₹108.69 crore
  • Profit before tax: ₹43.44 crore
  • Tax expense: ₹13.13 crore (Current tax: ₹11.73 crore, Deferred tax: ₹1.40 crore)
  • Profit for the period: ₹3.03 crore
  • Basic earnings per share (EPS): ₹1.21
  • Diluted earnings per share (EPS): ₹1.21

Comparative Financial Performance

Half Year Ended September 30, 2026 vs. Half Year Ended September 30, 2025:

  • Revenue from operations decreased from ₹110.49 crore to ₹106.18 crore
  • Profit before tax increased from ₹24.02 crore to ₹43.44 crore
  • Profit for the period improved from ₹1.73 crore to ₹3.03 crore
  • EPS increased from ₹0.69 to ₹1.21

Half Year Ended September 30, 2026 vs. Full Year Ended March 31, 2026:

  • The company reported a profit of ₹3.03 crore compared to a loss of ₹4.61 crore for the previous half year ended March 31, 2026

Financial Ratios

  • Interest Service Coverage Ratio: 6.41
  • Debt Service Coverage Ratio: 1.53
  • Debt Equity Ratio: 0.82

Balance Sheet Highlights (As of September 30, 2026)

  • Share capital: ₹250.00 lakh
  • Reserves and surplus: ₹72.71 lakh
  • Long-term borrowings: ₹123.54 lakh
  • Short-term borrowings: ₹140.02 lakh
  • Total assets: ₹774.01 lakh
  • Fixed assets (tangible): ₹304.38 lakh
  • Inventories: ₹235.27 lakh
  • Trade receivables: ₹96.34 lakh
  • Cash and cash equivalents: ₹1.85 lakh

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

  • Net cash from operating activities: ₹90.74 lakh
  • Net cash used in investing activities: ₹(1.77) lakh
  • Net cash used in financing activities: ₹(88.78) lakh
  • Net increase in cash and cash equivalents: ₹0.19 lakh

Auditor's Review

Chetan Agarwal & Co., Chartered Accountants, conducted a limited review of the unaudited financial results and issued an unqualified report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Additional Information

  • The company operates in a single segment: "Spinning of Cotton Yarn"
  • The financial results have been prepared in accordance with Accounting Standard 25 (Interim Financial Reporting)
  • The company has written off the unrecovered portion of an insurance claim relating to a fire incident that occurred in February 2024
  • Results will be published on the company's website (www.angelfibers.com) and BSE website
  • Paid-up equity share capital (weighted average): ₹250.00 lakh (Face value ₹10 each)