Financial Performance Highlights
Quarter Ended September 30, 2026 (Q2 FY27):
- Total Income: ₹46.01 lakhs (compared to ₹68.97 lakhs in Q2 FY26)
- Sales/Income from Operations: ₹44.64 lakhs (compared to ₹67.34 lakhs in Q2 FY26)
- Other Income: ₹1.38 lakhs (compared to ₹1.63 lakhs in Q2 FY26)
- Total Expense: ₹41.03 lakhs (compared to ₹55.35 lakhs in Q2 FY26)
- Profit before tax: ₹4.98 lakhs (compared to ₹13.62 lakhs in Q2 FY26)
- Tax Expense: ₹1.26 lakhs (Current tax: ₹2.04 lakhs, Deferred tax: ₹-0.78 lakhs)
- Net Profit: ₹3.72 lakhs (compared to ₹10.12 lakhs in Q2 FY26)
- Basic EPS: ₹2.30 (compared to ₹6.26 in Q2 FY26)
Half-Year Ended September 30, 2026 (H1 FY27):
- Total Income: ₹79.55 lakhs (compared to ₹98.03 lakhs in H1 FY26)
- Sales/Income from Operations: ₹76.95 lakhs (compared to ₹94.56 lakhs in H1 FY26)
- Other Income: ₹2.60 lakhs (compared to ₹3.47 lakhs in H1 FY26)
- Net Profit: ₹5.68 lakhs (compared to ₹12.02 lakhs in H1 FY26)
- Basic EPS: ₹3.51 (compared to ₹7.44 in H1 FY26)
Operational Metrics
- Cost of materials consumed: ₹24.29 lakhs (Q2 FY27) vs ₹27.84 lakhs (Q2 FY26)
- Employee benefits expenses: ₹11.94 lakhs (Q2 FY27) vs ₹10.60 lakhs (Q2 FY26)
- Finance costs: ₹0.24 lakhs (Q2 FY27) vs ₹-0.02 lakhs (Q2 FY26)
- Depreciation: ₹1.17 lakhs (Q2 FY27) vs ₹1.21 lakhs (Q2 FY26)
- Other expenses: ₹8.51 lakhs (Q2 FY27) vs ₹12.59 lakhs (Q2 FY26)
Balance Sheet Position (as at September 30, 2026)
- Total Assets: ₹221.57 lakhs (compared to ₹215.64 lakhs as at March 31, 2026)
- Non-current Assets: ₹48.06 lakhs (including Property, Plant & Equipment: ₹34.95 lakhs)
- Current Assets: ₹173.51 lakhs (including Inventories: ₹56.16 lakhs, Investments: ₹41.93 lakhs, Trade receivables: ₹49.12 lakhs)
- Equity: ₹130.33 lakhs (Equity Share capital: ₹16.15 lakhs, Other Equity: ₹114.17 lakhs)
- Current Liabilities: ₹85.62 lakhs
Cash Flow Statement (H1 FY27)
- Net cash used in operating activities: ₹-31.48 lakhs
- Net cash from investing activities: ₹31.70 lakhs
- Net cash used in financing activities: ₹-0.34 lakhs
- Net decrease in cash: ₹-0.12 lakhs
- Cash and cash equivalents at end: ₹16.34 lakhs
Governance and Approval
- Board meeting held on November 2, 2026, from 12:30 PM to 2:30 PM
- Results approved by Whole-time Director Ajay Nalin Parikh (DIN: 00453711)
- Results reviewed by Audit Committee
- Statutory Auditors VRGA & Associates conducted limited review and issued unmodified opinion
- Company Secretary & Compliance Officer: Dharaben Mehulkumar Thakar
Additional Notes
- Company operates in single segment: process engineering equipment in food processing industry
- Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)
- Previous period figures regrouped/rearranged where necessary
- Figures for quarter ended September 30, 2026 represent difference between unaudited figures up to September 30, 2026 and unaudited results as of June 30, 2026