Financial Results - Standalone (₹ in Lakhs)

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹2,184.45
  • Other Income: ₹151.87
  • Total Income: ₹2,336.33
  • Total Expenses: ₹2,190.30
  • Profit Before Tax: ₹146.03
  • Tax Expense: ₹45.93 (Current Tax: ₹36.75, Deferred Tax: ₹9.18)
  • Profit for Period: ₹100.10
  • Other Comprehensive Income: ₹3.54
  • Total Comprehensive Income: ₹103.64
  • Basic EPS: ₹0.07
  • Diluted EPS: ₹0.07

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹4,533.21
  • Other Income: ₹325.95
  • Total Income: ₹4,859.16
  • Total Expenses: ₹4,646.34
  • Profit Before Tax: ₹212.82
  • Tax Expense: ₹44.36 (Current Tax: ₹55.59, Deferred Tax: ₹-11.23)
  • Profit for Period: ₹168.46
  • Other Comprehensive Income: ₹2.64
  • Total Comprehensive Income: ₹171.10
  • Basic EPS: ₹0.13
  • Diluted EPS: ₹0.12

Comparative Figures (Year Ended March 31, 2026)

  • Revenue from Operations: ₹9,529.76
  • Profit for Year: ₹420.71
  • Basic EPS: ₹0.32
  • Diluted EPS: ₹0.30

Balance Sheet - Standalone (as of September 30, 2026)

  • Total Assets: ₹12,506.03
  • Non-Current Assets: ₹5,653.81
  • Current Assets: ₹6,852.22
  • Total Equity: ₹9,184.21
  • Non-Current Liabilities: ₹592.65
  • Current Liabilities: ₹2,729.17
  • Paid-up Equity Share Capital: ₹1,341.71
  • Other Equity: ₹7,842.50

Cash Flow - Standalone (H1 FY27)

  • Net Cash from Operating Activities: ₹-379.14
  • Net Cash from Investing Activities: ₹295.34
  • Net Cash from Financing Activities: ₹138.87
  • Net Increase in Cash: ₹55.07
  • Cash at Beginning: ₹26.68
  • Cash at End: ₹81.75

Financial Results - Consolidated (₹ in Lakhs)

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹2,951.99
  • Other Income: ₹184.94
  • Total Income: ₹3,136.93
  • Total Expenses: ₹2,960.43
  • Profit Before Tax: ₹176.50
  • Tax Expense: ₹40.74 (Current Tax: ₹25.10, Deferred Tax: ₹15.64)
  • Profit for Period: ₹135.76
  • Other Comprehensive Income: ₹3.34
  • Total Comprehensive Income: ₹139.10
  • Basic EPS: ₹0.10
  • Diluted EPS: ₹0.10

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹5,486.27
  • Other Income: ₹392.00
  • Total Income: ₹5,878.27
  • Total Expenses: ₹5,625.32
  • Profit Before Tax: ₹252.95
  • Tax Expense: ₹47.87 (Current Tax: ₹44.04, Deferred Tax: ₹3.83)
  • Profit for Period: ₹205.08
  • Other Comprehensive Income: ₹2.28
  • Total Comprehensive Income: ₹207.36
  • Basic EPS: ₹0.15
  • Diluted EPS: ₹0.15

Segment Information (Consolidated)

The company operates in two segments:

1. Plastic moulded Furniture and granules: H1 FY27 Revenue ₹4,534.21

2. Plastic waste Recycling: H1 FY27 Revenue ₹1,674.64

Corporate Actions and Events

Stock Split

  • The Board approved split of equity shares from face value of ₹10 to ₹1 per share on March 25, 2026
  • Shareholders approved in EGM on April 18, 2026
  • Record date: May 05, 2026
  • New ISIN: INE0S52201025 effective from ex-date May 05, 2026
  • All financial results presented retrospectively incorporating the stock split

Convertible Warrants

  • During FY 2024-25, company issued convertible warrants:
  • Promoter group: ₹600.00 lakhs (25% received upfront: ₹150.00 lakhs)
  • Non-promoter group: ₹675.00 lakhs (25% received upfront: ₹135.00 lakhs)
  • On April 18, 2026: Allotted 1,06,090 equity shares (pre-split) to non-promoter group upon conversion
  • Remaining non-promoter warrants lapsed due to non-payment: ₹135.00 lakhs forfeited
  • Promoter group warrants lapsed on August 11, 2026 due to non-payment: ₹150.00 lakhs forfeited
  • Total forfeited amount: ₹285.00 lakhs transferred to Capital Reserve

Subsidiary Information

  • One wholly-owned subsidiary: AVRO Recycling Limited
  • No other subsidiaries, joint ventures or associate companies