Board Meeting Details

The Board of Directors meeting was held on Saturday, 14th November, 2026, commencing at 4:00 p.m. and concluding at 5:30 p.m. The board approved and took on record the Unaudited Standalone Financial Results along with Limited Review Report.

Financial Performance (Quarter Ended September 30, 2026)

  • Revenue From Operations: ₹1024.94 lakh
  • Other Income: ₹2.32 lakh
  • Total Income: ₹1027.26 lakh
  • Profit Before Tax: ₹3.24 lakh
  • Current Tax: ₹1.21 lakh
  • Deferred Tax: -₹0.39 lakh
  • Net Profit After Tax: ₹2.43 lakh
  • Basic EPS: ₹0.04
  • Diluted EPS: ₹0.04

Financial Performance (Half Year Ended September 30, 2026)

  • Revenue From Operations: ₹2098.58 lakh
  • Other Income: ₹5.08 lakh
  • Total Income: ₹2103.66 lakh
  • Profit Before Tax: ₹10.80 lakh
  • Current Tax: ₹3.12 lakh
  • Deferred Tax: -₹0.49 lakh
  • Net Profit After Tax: ₹8.17 lakh
  • Basic EPS: ₹0.14
  • Diluted EPS: ₹0.14

Comparative Performance

Quarter Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue increased from ₹732.03 lakh to ₹1024.94 lakh
  • Net profit decreased from ₹2.94 lakh to ₹2.43 lakh

Half Year Comparison (H1 FY27 vs H1 FY26):

  • Revenue increased from ₹1712.43 lakh to ₹2098.58 lakh
  • Net profit increased from ₹5.29 lakh to ₹8.17 lakh

Capital Structure

  • Paid Up Equity Share Capital: ₹570.71 lakh (Face Value ₹10 per share)
  • Other Equity: ₹322.18 lakh
  • Net Worth: ₹892.89 lakh

Key Expenses Breakdown (Q2 FY27)

  • Cost of materials consumed: ₹686.47 lakh
  • Employee benefits expense: ₹63.86 lakh
  • Finance costs: ₹14.84 lakh
  • Depreciation and amortization: ₹15.25 lakh
  • Power & Fuel: ₹187.25 lakh
  • Other expenses: ₹76.46 lakh

Balance Sheet Highlights (as at September 30, 2026)

  • Total Assets: ₹2576.67 lakh
  • Non-Current Assets: ₹573.59 lakh (including Property, Plant and Equipment: ₹536.09 lakh)
  • Current Assets: ₹2003.08 lakh (including Inventories: ₹1121.73 lakh, Trade receivables: ₹664.35 lakh)
  • Total Equity: ₹892.89 lakh
  • Non-Current Liabilities: ₹123.19 lakh
  • Current Liabilities: ₹1560.59 lakh (including Borrowings: ₹542.00 lakh, Trade payables: ₹710.40 lakh)

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

  • Net cash from operating activities: ₹14.54 lakh
  • Net cash used in investing activities: -₹11.27 lakh
  • Net cash from financing activities: ₹7.50 lakh
  • Net increase in cash: ₹10.77 lakh
  • Cash and cash equivalents at end: ₹43.79 lakh

Significant Notes to Financial Results

1. No dividend recommended for the year

2. No provision made for leave salary and gratuity of employees (amount unascertained), which is not in compliance with Ind AS-19

3. Discounts/rebates accounted for upon issuance of credit notes

4. Inventories taken, valued and certified by management

5. Trade receivable dispute of ₹133.36 lakh withheld by debtor regarding rate difference

6. Company engaged in single business segment of manufacturing and trading loose leaf springs, iron and steel

7. GST returns under reconciliation with books of account

8. Limited review completed by statutory auditors Sanjay Rawal & Company