Standalone Financial Performance (Amount in ₹ lakhs)

Quarter Ended September 30, 2026 (Audited):

  • Revenue from Operations: ₹236.61
  • Total Income: ₹236.61
  • Total Expenses: ₹277.65
  • Loss Before Tax: ₹(41.04)
  • Net Loss for the Period: ₹(41.04)
  • Basic EPS: ₹(0.23)
  • Diluted EPS: ₹(0.23)

Half-Year Ended September 30, 2026 (Audited):

  • Revenue from Operations: ₹535.12
  • Total Income: ₹535.12
  • Total Expenses: ₹611.84
  • Loss Before Tax: ₹(76.72)
  • Net Loss for the Period: ₹(76.72)
  • Basic EPS: ₹(0.43)
  • Diluted EPS: ₹(0.43)

Comparative Standalone Performance (Quarter):

  • September 30, 2025: Revenue ₹32.93, Net Loss ₹(34.78)
  • June 30, 2026: Revenue ₹298.51, Net Loss ₹(35.68)

Consolidated Financial Performance (Amount in ₹ lakhs)

Quarter Ended September 30, 2026 (Audited):

  • Revenue from Operations: ₹2,145.02
  • Total Income: ₹2,145.02
  • Total Expenses: ₹2,102.53
  • Profit Before Tax: ₹42.49
  • Tax Expense: ₹23.88 (Current Tax: ₹36.72, Deferred Tax: ₹(12.84))
  • Net Profit for the Period: ₹18.61
  • Basic EPS: ₹(0.12)
  • Diluted EPS: ₹(0.12)

Half-Year Ended September 30, 2026 (Audited):

  • Revenue from Operations: ₹4,540.28
  • Total Income: ₹4,540.31
  • Total Expenses: ₹4,405.33
  • Profit Before Tax: ₹134.98
  • Tax Expense: ₹47.93 (Current Tax: ₹60.77, Deferred Tax: ₹(12.84))
  • Net Profit for the Period: ₹87.05
  • Basic EPS: ₹(0.02)
  • Diluted EPS: ₹(0.02)

Comparative Consolidated Performance (Quarter):

  • September 30, 2025: Revenue ₹1,372.48, Net Profit ₹6.03
  • June 30, 2026: Revenue ₹2,395.26, Net Profit ₹68.44

Key Financial Metrics

Paid-up Equity Share Capital: ₹1,797.19 lakh (Face Value ₹10 per share) across all periods presented

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

  • Total Assets: ₹3,295.31 lakh
  • Total Equity: ₹2,211.85 lakh
  • Total Liabilities: ₹1,083.46 lakh
  • Non-current Assets: ₹2,000.54 lakh (including Investments: ₹1,785.21 lakh)
  • Current Assets: ₹1,294.78 lakh (including Inventories: ₹211.75 lakh, Trade Receivables: ₹1,012.32 lakh)

Consolidated Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹9,707.69 lakh
  • Property, Plant and Equipment: ₹950.22 lakh
  • Goodwill: ₹581.25 lakh
  • Inventories: ₹1,372.43 lakh
  • Trade Receivables: ₹3,631.45 lakh
  • Total Equity: ₹3,223.65 lakh (including Minority Interest: ₹549.36 lakh)
  • Total Liabilities: ₹6,484.04 lakh

Cash Flow Statements

Standalone Cash Flow (Half-Year Ended September 30, 2026):

  • Net Cash from Operating Activities: ₹14.41 lakh
  • Net Cash from Investing Activities: ₹0.00
  • Net Cash from Financing Activities: ₹(2.26) lakh
  • Net Increase in Cash: ₹12.15 lakh
  • Cash and Cash Equivalents at End: ₹38.10 lakh

Consolidated Cash Flow (Half-Year Ended September 30, 2026):

  • Net Cash from Operating Activities: ₹103.77 lakh
  • Net Cash Used in Investing Activities: ₹(492.27) lakh
  • Net Cash from Financing Activities: ₹552.67 lakh
  • Net Increase in Cash: ₹164.53 lakh
  • Cash and Cash Equivalents at End: ₹61.17 lakh

Audit and Compliance Details

The financial results were reviewed by statutory auditors M M Reddy & Co., who expressed an unmodified audit opinion on both standalone and consolidated results. The audit was conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013.

The financial statements were prepared in accordance with Ind AS-34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013. Previous period figures have been re-grouped/re-classified where necessary for comparison.

Consolidation Scope

The consolidated results include:

  • M/s VSR Paper and Packaging Limited (51.08% ownership)
  • M/s Craftsmart Products Private Limited (100% ownership)

Additional Information

The financial results are available on the company's website www.bandaram.com. Segment-wise reporting as per Ind AS-108 is not applicable to the company.