Board Meeting Details

A Meeting of the Board of Directors was held on Friday, November 06, 2026, commencing at 12:30 p.m. and concluding at 01:35 p.m. The Board:

  • Considered & approved the Un-Audited Standalone Financial Results for the quarter and half year ended September 30, 2026.
  • Took note of the Limited Review Report on the Statement of Un-Audited Financial results.

The results were reviewed and recommended by the Audit Committee.

Key Financial Figures (Standalone)

All figures are in ₹ lakhs except Earnings Per Share (EPS).

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from Operations: ₹1,551.00 (Q2 FY27) vs ₹1,306.00 (Q2 FY26) — an 18.8% increase.
  • Other Income: ₹158.49 (Q2 FY27) vs ₹51.36 (Q2 FY26).
  • Total Revenue: ₹1,709.49 (Q2 FY27) vs ₹1,357.36 (Q2 FY26).
  • Profit Before Exceptional Items and Tax: ₹543.35 (Q2 FY27) vs ₹452.71 (Q2 FY26).
  • Exceptional Items: ₹0.00 (Q2 FY27) vs ₹151.06 (Q2 FY26).
  • Profit Before Tax: ₹543.35 (Q2 FY27) vs ₹603.78 (Q2 FY26).
  • Tax Expense (Current Tax): ₹(479.93) (Q2 FY27) vs ₹0.00 (Q2 FY26).
  • Net Profit for the period: ₹63.42 (Q2 FY27) vs ₹603.78 (Q2 FY26) — an 89.5% decrease.

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from Operations: ₹3,349.00 (H1 FY27) vs ₹2,925.86 (H1 FY26).
  • Other Income: ₹248.58 (H1 FY27) vs ₹87.32 (H1 FY26).
  • Total Revenue: ₹3,597.58 (H1 FY27) vs ₹3,013.18 (H1 FY26).
  • Profit Before Exceptional Items and Tax: ₹1,190.62 (H1 FY27) vs ₹1,162.94 (H1 FY26).
  • Exceptional Items: ₹1,200.00 (H1 FY27) vs ₹151.06 (H1 FY26).
  • Profit Before Tax: ₹2,390.62 (H1 FY27) vs ₹1,314.00 (H1 FY26).
  • Tax Expense (Current Tax): ₹(479.93) (H1 FY27) vs ₹0.00 (H1 FY26).
  • Net Profit for the period: ₹1,910.69 (H1 FY27) vs ₹1,314.00 (H1 FY26).

Earnings Per Share (EPS) (not annualised)

For Q2 FY27 (Basic & Diluted):

  • EPS before exceptional items: ₹0.28
  • EPS: ₹0.28

For H1 FY27 (Basic & Diluted):

  • EPS before exceptional items: ₹8.34
  • EPS: ₹3.10

Capital Structure

  • Paid-up Equity Share Capital (Face Value of ₹10/- each) remained unchanged at ₹229.114 lakhs as of September 30, 2026, March 31, 2026, and September 30, 2025.

Segment-Wise Performance (Standalone)

Revenue

Quarter Ended September 30, 2026:

  • Real Estate: ₹1,576.19 lakh
  • Textiles: ₹133.30 lakh
  • Total: ₹1,709.49 lakh

Half-Year Ended September 30, 2026:

  • Real Estate: ₹3,389.12 lakh
  • Textiles: ₹208.46 lakh
  • Total: ₹3,597.58 lakh

Segment Results (Profit)

Half-Year Ended September 30, 2026:

  • Real Estate: ₹1,035.91 lakh
  • Textiles: ₹208.46 lakh
  • Total Segment Results before finance costs & tax: ₹1,244.37 lakh

Segment Assets & Liabilities (as of September 30, 2026)

Assets:

  • Real Estate: ₹76,147.48 lakh
  • Textiles: ₹2,388.17 lakh
  • Total Assets: ₹79,135.65 lakh

Liabilities:

  • Real Estate: ₹25,622.56 lakh
  • Textiles: ₹12,151.17 lakh
  • Total Liabilities: ₹37,773.73 lakh

Statement of Assets & Liabilities (Standalone)

As at September 30, 2026 (Unaudited) vs March 31, 2026 (Audited):

  • Total Assets: ₹79,135.65 lakh vs ₹73,228.72 lakh
  • Total Equity: ₹41,361.92 lakh vs ₹39,451.21 lakh
  • Non-Current Borrowings: ₹17,183.49 lakh vs ₹13,732.08 lakh
  • Current Borrowings: ₹4,120.80 lakh vs ₹3,896.28 lakh

Cash Flow Statement (Standalone) - Half-Year Ended

H1 FY27 (Unaudited) vs FY26 (Audited):

  • Net Cash from Operating Activities: ₹(2,537.47) lakh vs ₹(397.13) lakh
  • Net Cash from Investing Activities: ₹(875.71) lakh vs ₹164.46 lakh
  • Net Cash from Financing Activities: ₹3,622.18 lakh vs ₹155.55 lakh
  • Net Increase in Cash: ₹209.00 lakh vs ₹(77.12) lakh
  • Cash and cash equivalents at end of period: ₹218.01 lakh vs ₹9.01 lakh

Notes to the Financial Results

1. The results are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS).

2. Previous period figures have been regrouped/re-classified wherever necessary.

3. The Statutory Auditors have conducted a limited review of the results.

4. Reportable Segments:

  • Real estate: Comprises sale of Plot (Land) and Industrial Units.
  • Textile: Entire operational activities in this segment have been at a standstill since August 2008. The company is searching for new avenues to restart operational activities.

Auditor's Limited Review Report

  • The independent auditors, Kansariwala & Chevli Chartered Accountants, conducted a limited review of the standalone unaudited financial results.
  • Based on their review, nothing has come to their attention that causes them to believe that the statement contains any material misstatement or has not disclosed the information required by Regulation 33 of the SEBI LODR Regulations.