Board Meeting Details
The meeting commenced at 4:00 PM IST and concluded at 5:00 PM IST on 13th November 2026.
Key Approvals and Disclosures
1. Unaudited Financial Results: The Board considered and approved the unaudited financial results (standalone and consolidated) for the quarter and six months period ended 30th September 2026, in accordance with Regulation 33 of SEBI Listing Regulations.
2. Limited Review Reports: The Board approved the limited review reports from statutory auditors on the unaudited financial results for the same period.
3. Change of Registered Office: The Board approved changing the registered office from '4A, Vikas Centre, 104, S. V. Road, Santacruz (West), Mumbai - 400 054, Maharashtra, India' to 'Office Apartment No. F-007, Vikas Centre, 104, S. V. Road, Santacruz (West), Mumbai - 400 054, Maharashtra, India', effective from 18th November 2026. This change remains within the same local city limits.
Financial Performance Highlights (Consolidated)
Quarter Ended 30th September 2026 (Q2 FY27):
- Net Sales/Income from Operations: ₹2809.04 lakhs (vs ₹2463.82 lakhs in Q2 FY26)
- Total Income: ₹2813.91 lakhs (vs ₹2497.49 lakhs in Q2 FY26)
- Profit Before Tax: ₹226.52 lakhs (vs ₹276.73 lakhs in Q2 FY26)
- Net Profit After Tax: ₹163.52 lakhs (vs ₹239.23 lakhs in Q2 FY26)
- Basic & Diluted EPS: ₹4.70 (vs ₹41.24 in Q2 FY26)
Half Year Ended 30th September 2026 (H1 FY27):
- Net Sales/Income from Operations: ₹5246.90 lakhs (vs ₹4790.33 lakhs in H1 FY26)
- Total Income: ₹5279.71 lakhs (vs ₹4833.61 lakhs in H1 FY26)
- Profit Before Tax: ₹360.80 lakhs (vs ₹510.21 lakhs in H1 FY26)
- Net Profit After Tax: ₹265.80 lakhs (vs ₹417.71 lakhs in H1 FY26)
- Basic & Diluted EPS: ₹7.64 (vs ₹72.01 in H1 FY26)
Financial Performance Highlights (Standalone)
Quarter Ended 30th September 2026 (Q2 FY27):
- Net Profit After Tax: ₹166.86 lakhs (vs ₹239.23 lakhs in Q2 FY26)
- Basic & Diluted EPS: ₹4.79 (vs ₹41.24 in Q2 FY26)
Half Year Ended 30th September 2026 (H1 FY27):
- Net Profit After Tax: ₹270.67 lakhs (vs ₹417.70 lakhs in H1 FY26)
- Basic & Diluted EPS: ₹7.78 (vs ₹72.00 in H1 FY26)
Key Financial Position (Consolidated as at 30th September 2026)
- Total Assets: ₹10930.55 lakhs (vs ₹10485.91 lakhs as at 31st March 2026)
- Total Equity: ₹6124.46 lakhs (vs ₹5858.66 lakhs as at 31st March 2026)
- Borrowings (Non-current): ₹1773.27 lakhs (vs ₹2031.78 lakhs as at 31st March 2026)
- Borrowings (Current): ₹1632.04 lakhs (vs ₹1311.27 lakhs as at 31st March 2026)
- Cash & Cash Equivalents: ₹273.25 lakhs (vs ₹68.17 lakhs as at 31st March 2026)
Key Financial Position (Standalone as at 30th September 2026)
- Total Assets: ₹10850.40 lakhs (vs ₹10485.93 lakhs as at 31st March 2026)
- Total Equity: ₹6129.36 lakhs (vs ₹5858.68 lakhs as at 31st March 2026)
Cash Flow Statements (H1 FY27)
Consolidated:
- Cash from Operating Activities: ₹1154.70 lakhs
- Cash used in Investing Activities: ₹(1010.95) lakhs
- Cash from Financing Activities: ₹(140.72) lakhs
- Net increase in Cash: ₹3.03 lakhs
Standalone:
- Cash from Operating Activities: ₹937.19 lakhs
- Cash used in Investing Activities: ₹(716.43) lakhs
- Cash from Financing Activities: ₹(225.77) lakhs
- Net decrease in Cash: ₹(5.01) lakhs
Auditor's Emphasis of Matter
The statutory auditor, Vandana V. Dodhia & Co., included an Emphasis of Matter paragraph regarding a loan of ₹300 lakhs granted to a group company that has ceased to be a going concern. Management believes the loan is recoverable due to strategic and group relationship with the borrower, and accordingly, no provision for doubtful recovery has been made in the books of account. The auditor's conclusion is not modified regarding this matter.
Shareholding Pattern (as of 30th September 2026)
- Paid-up Equity Share Capital: ₹348.08 lakhs (Face Value ₹10 each)
- Public Shareholding: 13,07,790 shares (37.57%)
- Promoter & Promoter Group Shareholding: 21,73,050 shares (62.43%)
Investor Complaints
- Pending at beginning of quarter: NIL
- Received during quarter: 1
- Disposed during quarter: 1
- Unresolved at end of quarter: NIL
Additional Notes
- The company operates in a single segment.
- Provision for deferred taxes will be considered at year-end.
- The results were reviewed by the Audit Committee and approved by the Board of Directors.
- Figures for previous periods have been regrouped/rearranged where necessary.