Board Meeting Details

The Board of Directors meeting was held on 14th November 2026 at the Registered Office of the Company at 404, Floor 4, Plot No. 208, Regent Chambers, Jamnalal Bajaj Marg, Nariman Point, Mumbai-400021. The meeting commenced at 5:00 PM and concluded at 6:30 PM.

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

All amounts in ₹ Lakhs

Income Statement Highlights:

  • Revenue From Operations: ₹7,819.05
  • Other Income: ₹67.24
  • Total Revenue: ₹7,886.29
  • Total Expenses: ₹7,487.51
  • Purchase of Stock in Trade: ₹6,339.35
  • Changes in Inventories of Finished Goods: ₹496.21
  • Employee Benefit Expenses: ₹42.35
  • Financial Costs: ₹120.51
  • Depreciation and Amortization Expenses: ₹24.05
  • Other Expenses: ₹465.04
  • Profit Before Tax: ₹398.78
  • Tax Expenses: ₹79.71
  • Current Tax: ₹100.37
  • Deferred Tax: ₹-20.65 (credit)
  • Profit for the Period: ₹319.07

Comparative Figures:

  • Half Year Ended 30-09-2025: Profit of ₹280.28
  • Year Ended 31-03-2026 (Audited): Profit of ₹526.31

Earnings Per Share:

  • Basic EPS: ₹2.46
  • Diluted EPS: ₹2.46
  • Paid-up Equity Share Capital (Face Value ₹10 each): ₹1,298.57

Statement of Assets and Liabilities (as at 30th September 2026)

Total Assets/Liabilities: ₹7,935.11 Lakhs

Equity and Liabilities:

  • Shareholder's Funds: ₹4,677.50
  • Share Capital: ₹1,298.57
  • Reserves & Surplus: ₹3,378.92
  • Non-Current Liabilities: ₹322.28
  • Long-term borrowings: ₹322.28
  • Current Liabilities: ₹2,935.33
  • Short-term borrowings: ₹2,557.33
  • Trade Payables: ₹81.50
  • Other Current Liabilities: ₹17.68
  • Short-term provisions: ₹278.82

Assets:

  • Non-Current Assets: ₹1,189.27
  • Property, Plant and Equipment: ₹126.14
  • Non-current investments: ₹1,020.71
  • Deferred tax assets: ₹27.03
  • Other non-current assets: ₹15.38
  • Current Assets: ₹6,745.84
  • Inventories: ₹3,736.56
  • Trade Receivables: ₹2,672.68
  • Cash and Cash Equivalents: ₹113.66
  • Other Current assets: ₹222.94

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

  • Net cash flow from operating activities: ₹-1,814.78
  • Net cash used in investing activities: ₹-55.61
  • Net cash from financing activities: ₹1,941.46
  • Net decrease in cash and cash equivalents: ₹71.06
  • Cash and cash equivalents (Opening Balance): ₹42.59
  • Cash and cash equivalents (Closing Balance): ₹113.66

Utilization of Issue Proceeds (as on 30th September 2026)

A certificate from Motilal & Associates LLP confirms the following utilization of issue proceeds:

  • Total issue amount disclosed in Offer Document: ₹2,728.60 Lakhs
  • Actual Utilized Amount: ₹2,592.79 Lakhs
  • Unutilized Amount: ₹135.81 Lakhs

Breakdown of Utilization:

1. Repayment/pre-payment of borrowings: ₹992.75 (Fully utilized)

2. Funding Working Capital Requirements: ₹1,000.00 (Fully utilized)

3. General Corporate Purpose: ₹408.65 (Fully utilized)

4. Issue Related Expenses: ₹191.39 utilized, ₹135.81 unutilized

Additional Notes

  • The financial results have been prepared in accordance with Accounting Standard (AS) 25 and reviewed by the statutory auditors.
  • The company is exempt from adopting Ind-AS as it is listed on the SME Exchange.
  • There are no reportable segments as per AS 17 (Segment Reporting).
  • The financial results include balancing figures between audited full-year figures and published unaudited year-to-date figures.
  • Earnings per share are calculated based on the weighted average number of shares during the period and are not annualized.