Apana Logistics Limited disclosed the outcome of its Board of Directors meeting held on November 13, 2026, at its corporate office. The meeting commenced at 4:00 PM and concluded at 7:00 PM.
The Board considered and approved the following items:
- Standalone Unaudited Financial Results for the half year ended September 30, 2026, along with the Limited Review Report from the auditors
- Other items as per the agenda circulated by the Board of Directors
The disclosure is made pursuant to Regulation 30, 33, and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance Highlights (Half Year Ended September 30, 2026)
Income Statement (₹ in Lakhs):
- Revenue from Operations: ₹3,085.13
- Other Income: ₹2.17
- Total Revenue: ₹3,106.89
- Total Expenses: ₹2,184.24
- Profit Before Tax: ₹922.64
- Tax Expense: ₹336.17 (Current Tax: ₹166.08, Deferred Tax: ₹170.10)
- Net Profit for the Period: ₹586.47
- Earnings Per Share (Basic & Diluted): ₹4.96
Balance Sheet Position as at September 30, 2026 (₹ in Lakhs):
- Share Capital: ₹1,751.00
- Reserves and Surplus: ₹3,546.17
- Total Shareholders' Funds: ₹5,297.17
- Long-Term Borrowings: ₹310.30
- Current Liabilities: ₹1,017.45
- Total Assets: ₹6,960.50
- Property, Plant & Equipment: ₹1,984.35
- Cash and Cash Equivalents: ₹2,416.84
- Trade Receivables: ₹800.13
- Short-Term Loans and Advances: ₹1,303.49
Limited Review Report
Amit Ray & Co., Chartered Accountants (Firm Registration No. 000483C), conducted a limited review of the unaudited financial results as required under Regulation 33 of SEBI Listing Regulations. Partner Jitendra Pandey (Membership No. 177655) issued an unmodified conclusion stating that nothing has come to their attention causing them to believe that the statement contains any material misstatement or has not disclosed information required to be disclosed.
IPO and Capital Structure Update
The company's equity shares were listed on the SME Platform of BSE Limited with effect from September 15, 2026. The IPO involved:
- Shares allotted on September 10, 2026
- Issue opened on September 7, 2026, and closed on September 9, 2026
- Paid-up equity share capital increased from ₹2,182.00 lakh to ₹2,751.00 lakh
- Total proceeds raised: ₹3,414.00 lakh
IPO Proceeds Utilization as of September 30, 2026 (₹ in Lakhs):
- Issue Expenses: ₹409.68 (fully utilized)
- Funding capital expenditure towards purchase of Reach Stackers: ₹200.00 utilized out of ₹2,500.00 allocated
- General Corporate Purpose: ₹455.59 utilized out of ₹504.32 allocated
- Total Utilized: ₹1,065.27
- Unutilized Amount: ₹2,348.73 (held in Public Issue Account)
- No deviation or variation in the use of issue proceeds from the objects stated in the Prospectus
Additional Information
- The company is engaged in a single business segment of logistics
- No investor complaints were received during the half year ended September 30, 2026
- The figures for the corresponding half year ended September 30, 2025, are based on management accounts that have not been subjected to audit or review
- The company is exempt from mandatory adoption of Ind AS as its shares are listed on the SME Exchange