Key Quantitative Figures - Consolidated Results
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from Operations: ₹28,317.99 lakh
- Total Income: ₹28,328.24 lakh
- Profit Before Tax: ₹717.70 lakh
- Total Tax Expense: ₹120.77 lakh
- Net Profit: ₹596.93 lakh
- Basic EPS: ₹0.35
- Diluted EPS: ₹0.35
Half Year Ended September 30, 2026 (H1 FY27):
- Revenue from Operations: ₹49,595.32 lakh
- Total Income: ₹49,624.58 lakh
- Profit Before Tax: ₹1,181.62 lakh
- Total Tax Expense: ₹177.24 lakh
- Net Profit: ₹1,004.38 lakh
- Basic EPS: ₹0.60
- Diluted EPS: ₹0.60
Comparative Performance (YoY Q2):
- Revenue from Operations increased 121% from ₹12,793.68 lakh (Q2 FY26)
- Net Profit increased 143% from ₹245.46 lakh (Q2 FY26)
Key Quantitative Figures - Standalone Results
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from Operations: ₹28,558.81 lakh
- Total Income: ₹28,575.03 lakh
- Profit Before Tax: ₹669.65 lakh
- Total Tax Expense: ₹107.43 lakh
- Net Profit: ₹562.22 lakh
- Basic EPS: ₹0.33
- Diluted EPS: ₹0.33
Half Year Ended September 30, 2026 (H1 FY27):
- Revenue from Operations: ₹49,354.82 lakh
- Total Income: ₹49,398.82 lakh
- Profit Before Tax: ₹1,061.12 lakh
- Total Tax Expense: ₹145.60 lakh
- Net Profit: ₹915.52 lakh
- Basic EPS: ₹0.54
- Diluted EPS: ₹0.54
Comparative Performance (YoY Q2):
- Revenue from Operations increased 123% from ₹12,803.70 lakh (Q2 FY26)
- Net Profit increased 174% from ₹205.42 lakh (Q2 FY26)
Financial Position
Consolidated Balance Sheet (as of September 30, 2026):
- Total Assets: ₹42,754.87 lakh
- Total Equity: ₹17,836.59 lakh
- Total Liabilities: ₹24,918.28 lakh
- Current Borrowings: ₹10,388.80 lakh
- Non-Current Borrowings: ₹720.79 lakh
Standalone Balance Sheet (as of September 30, 2026):
- Total Assets: ₹42,008.75 lakh
- Total Equity: ₹17,562.78 lakh
- Total Liabilities: ₹24,445.97 lakh
- Current Borrowings: ₹10,388.80 lakh
- Non-Current Borrowings: ₹720.79 lakh
Dividend Declaration
The Board of Directors declared an interim dividend of ₹0.12 (12%) per equity share of ₹1 each for the financial year 2026-2027 at their meeting held on September 18, 2026.
Subsidiary Information
The consolidated results include financials of Arfin Titanium & Speciality Alloys Limited, a wholly owned subsidiary, which contributed:
- Total revenue (including other income): ₹1,265.85 lakh
- Net profit after tax: ₹88.87 lakh
for the quarter and half year ended September 30, 2026.
Tax Treatment
The company elected to exercise the option under Section 200 of the Income Tax Act, 2025, applying concessional tax rates for provision for income tax and remeasurement of deferred tax assets/liabilities.
Business Segment
The company has one reportable primary business segment as per Ind AS 108: manufacturing and trading of ferrous & non-ferrous metals.
Meeting Details
The Board meeting was held on November 03, 2026, at the registered office in Chhatral, Gandhinagar, Gujarat, commencing at 10:00 AM and concluding at 11:15 AM.