Date: 12 November 2026

Board Meeting Outcomes

The Board of Directors meeting was held on Thursday, 12 November 2026, commencing at 12:30 PM and concluding at 02:30 PM. The Board considered and approved the following items based on the recommendation of the Audit Committee:

1. Unaudited financial results (standalone and consolidated) of the Company for the quarter and half-year ended 30 September 2026

2. Limited Review Reports (standalone and consolidated) thereon, for the quarter and half-year ended 30 September 2026

Financial Results (Standalone)

Income Statement Highlights (Quarter Ended 30.09.2026)

  • Revenue from Operations: ₹1,651.59 lakhs (Q2 FY26: ₹1,324.81 lakhs)
  • Other Income: ₹4.15 lakhs (Q2 FY26: ₹5.14 lakhs)
  • Total Income: ₹1,655.74 lakhs (Q2 FY26: ₹1,329.95 lakhs)
  • Total Expenses: ₹1,606.18 lakhs (Q2 FY26: ₹1,481.50 lakhs)
  • Profit Before Tax: ₹49.55 lakhs (Q2 FY26: Loss of ₹(151.55) lakhs)
  • Tax Expense: ₹7.98 lakhs (Q2 FY26: ₹(1.18) lakhs)
  • Profit After Tax: ₹41.57 lakhs (Q2 FY26: Loss of ₹(110.38) lakhs)
  • Basic Earnings Per Share: ₹0.38 (Q2 FY26: ₹(1.01))
  • Diluted Earnings Per Share: ₹0.37 (Q2 FY26: ₹(1.01))

Income Statement Highlights (Half Year Ended 30.09.2026)

  • Revenue from Operations: ₹3,247.37 lakhs (H1 FY26: ₹2,580.63 lakhs)
  • Other Income: ₹8.33 lakhs (H1 FY26: ₹110.48 lakhs)
  • Total Income: ₹3,295.70 lakhs (H1 FY26: ₹2,691.11 lakhs)
  • Total Expenses: ₹3,204.08 lakhs (H1 FY26: ₹2,840.54 lakhs)
  • Profit Before Tax: ₹91.62 lakhs (H1 FY26: Loss of ₹(149.44) lakhs)
  • Tax Expense: ₹12.92 lakhs (H1 FY26: ₹(52.60) lakhs)
  • Profit After Tax: ₹78.70 lakhs (H1 FY26: Loss of ₹(96.83) lakhs)
  • Basic Earnings Per Share: ₹0.72 (H1 FY26: ₹(0.89))
  • Diluted Earnings Per Share: ₹0.72 (H1 FY26: ₹(0.89))

Balance Sheet Highlights (As at 30.09.2026)

  • Total Assets: ₹7,573.84 lakhs (31.03.2026: ₹7,393.05 lakhs)
  • Non-current Assets: ₹2,196.37 lakhs (31.03.2026: ₹2,333.18 lakhs)
  • Current Assets: ₹5,377.47 lakhs (31.03.2026: ₹5,059.87 lakhs)
  • Equity: ₹3,463.27 lakhs (31.03.2026: ₹3,358.54 lakhs)
  • Equity Share Capital: ₹1,093.19 lakhs (31.03.2026: ₹1,092.24 lakhs)
  • Non-current Liabilities: ₹672.51 lakhs (31.03.2026: ₹352.08 lakhs)
  • Current Liabilities: ₹3,438.06 lakhs (31.03.2026: ₹3,682.45 lakhs)
  • Trade Receivables: ₹2,600.36 lakhs (31.03.2026: ₹2,566.50 lakhs)

Cash Flow Highlights (Half Year Ended 30.09.2026)

  • Net Cash from Operating Activities: ₹187.94 lakhs (H1 FY25: ₹106.07 lakhs)
  • Net Cash used in Investing Activities: ₹(110.50) lakhs (H1 FY25: ₹176.57 lakhs)
  • Net Cash used in Financing Activities: ₹(79.60) lakhs (H1 FY25: ₹(2.17) lakhs)
  • Net Increase in Cash: ₹(2.17) lakhs (H1 FY25: ₹4.00 lakhs)
  • Cash and Cash Equivalents at period end: ₹3.70 lakhs (H1 FY25: ₹4.78 lakhs)

Financial Results (Consolidated)

Income Statement Highlights (Quarter Ended 30.09.2026)

  • Revenue from Operations: ₹1,176.22 lakhs (Q2 FY26: ₹1,301.18 lakhs)
  • Other Income: ₹10.36 lakhs (Q2 FY26: ₹5.14 lakhs)
  • Total Income: ₹1,186.58 lakhs (Q2 FY26: ₹1,306.32 lakhs)
  • Total Expenses: ₹1,168.21 lakhs (Q2 FY26: ₹1,465.26 lakhs)
  • Share of Profit of Associates: ₹0.00 lakhs (Q2 FY26: ₹2.00 lakhs)
  • Profit Before Tax: ₹18.36 lakhs (Q2 FY26: Loss of ₹(156.94) lakhs)
  • Tax Expense: ₹5.25 lakhs (Q2 FY26: ₹(48.08) lakhs)
  • Profit After Tax: ₹13.12 lakhs (Q2 FY26: Loss of ₹(108.86) lakhs)
  • Attributable to Shareholders: ₹13.29 lakhs (Q2 FY26: Loss of ₹(108.47) lakhs)
  • Attributable to Non-controlling Interest: ₹(0.17) lakhs (Q2 FY26: Loss of ₹(0.39) lakhs)
  • Basic Earnings Per Share: ₹0.12 (Q2 FY26: ₹(1.00))
  • Diluted Earnings Per Share: ₹0.12 (Q2 FY26: ₹(1.00))

Income Statement Highlights (Half Year Ended 30.09.2026)

  • Revenue from Operations: ₹2,231.35 lakhs (H1 FY26: ₹2,415.30 lakhs)
  • Other Income: ₹20.57 lakhs (H1 FY26: ₹110.48 lakhs)
  • Total Income: ₹2,251.92 lakhs (H1 FY26: ₹2,525.78 lakhs)
  • Total Expenses: ₹2,242.61 lakhs (H1 FY26: ₹2,698.39 lakhs)
  • Share of Profit of Associates: ₹0.47 lakhs (H1 FY26: ₹3.15 lakhs)
  • Profit Before Tax: ₹9.78 lakhs (H1 FY26: Loss of ₹(169.46) lakhs)
  • Tax Expense: ₹0.59 lakhs (H1 FY26: ₹(60.82) lakhs)
  • Profit After Tax: ₹9.19 lakhs (H1 FY26: Loss of ₹(108.64) lakhs)
  • Attributable to Shareholders: ₹11.96 lakhs (H1 FY26: Loss of ₹(107.96) lakhs)
  • Attributable to Non-controlling Interest: ₹(2.76) lakhs (H1 FY26: Loss of ₹(0.68) lakhs)
  • Basic Earnings Per Share: ₹0.11 (H1 FY26: ₹(0.99))
  • Diluted Earnings Per Share: ₹0.11 (H1 FY26: ₹(0.99))

Consolidated Balance Sheet Highlights (As at 30.09.2026)

  • Total Assets: ₹12,573.64 lakhs (31.03.2026: ₹10,071.01 lakhs)
  • Equity Attributable to Shareholders: ₹4,305.03 lakhs (31.03.2026: ₹3,955.53 lakhs)
  • Non-controlling Interests: ₹487.69 lakhs (31.03.2026: ₹301.97 lakhs)
  • Total Equity: ₹4,792.72 lakhs (31.03.2026: ₹4,257.50 lakhs)
  • Current Liabilities: ₹5,719.17 lakhs (31.03.2026: ₹4,267.02 lakhs)

Consolidated Cash Flow Highlights (Half Year Ended 30.09.2026)

  • Net Cash used in Operating Activities: ₹(326.02) lakhs (H1 FY25: ₹428.33 lakhs)
  • Net Cash used in Investing Activities: ₹(1,173.62) lakhs (H1 FY25: ₹(50.13) lakhs)
  • Net Cash from Financing Activities: ₹1,715.93 lakhs (H1 FY25: ₹(395.44) lakhs)
  • Net Increase in Cash: ₹(131.68) lakhs (H1 FY25: ₹(17.23) lakhs)
  • Cash and Cash Equivalents at period end: ₹889.50 lakhs (H1 FY25: ₹7.29 lakhs)

Standalone Financials

Auditor: B.D. Saboo and Associates, Chartered Accountants (Firm Registration No: 003505S)

Opinion: Unmodified with Emphasis of Matter

Emphasis of Matter: Trade Receivables (including unbilled revenue) amounting to ₹770.74 lakhs are amounts receivable from Government bodies, namely Commissioner & Director of Municipal Administration and Swachha Andhra Corporation. The Company is executing the projects to comply with project execution terms. Management is confident of recovery supported by favorable interim order from Hon'ble High Court of Telangana. No provision has been made against these receivables.

Consolidated Financials

Auditor: B.D. Saboo and Associates, Chartered Accountants

Opinion: Unmodified with Emphasis of Matter and Other Matter

Emphasis of Matter: Same trade receivables issue as standalone (₹770.74 lakhs from government bodies)

Other Matter: Did not review interim financial information of one subsidiary (Megaliter Varunaa Private Limited) with total assets of ₹254.33 lakhs. Also includes financial results of one associate (Sai Banka SPV Private Limited) based on unreviewed interim financial results.

Notes to Financial Statements

1. Financial results prepared in accordance with Indian Accounting Standards (IND AS) and SEBI guidelines

2. Prepared following same accounting policies as annual financial statements for year ended 31 March 2026

3. Only reportable segment: waste water & fecal treatment manufacture, supply and installation and related AMOC services

4. Company expects to recover carrying amount of assets including trade receivables based on internal and external information

5. Previous period figures have been regrouped/recast for comparability

Consolidated Entity Structure

The consolidated financial results include:

  • Holding/Parent Company: Banka BioLoo Limited
  • Wholly Owned Subsidiary: Enzotech Solutions Private Limited
  • Subsidiary: Megaliter Varunaa Private Limited
  • Associate: Sai Banka SPV Private Limited (50% share to holding company)