Summary of Key Information:
Reporting Period: Quarter and Half-Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations
Audit Opinion:
Unmodified review opinion (clean) - No material misstatements identified
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results:
Revenue from Operations:
- Q2 FY26: ₹59,554.90 (vs Q2 FY25: ₹36,367.27, +63.8% YoY)
- H1 FY26: ₹113,698.23 (vs H1 FY25: ₹67,427.21, +68.6% YoY)
Total Income:
- Q2 FY26: ₹59,886.70
- H1 FY26: ₹114,350.77
Net Profit:
- Q2 FY26: ₹31.38 (vs Q2 FY25: loss of ₹92.85)
- H1 FY26: ₹724.12 (vs H1 FY25: loss of ₹426.35)
EPS:
- Q2 FY26: ₹0.10 basic and diluted (vs Q2 FY25: loss of ₹0.29)
- H1 FY26: ₹2.24 basic and diluted (vs H1 FY25: loss of ₹1.32)
Paid-up Equity Share Capital: ₹3,226.39 lakhs
Reserves: ₹12,744.42 lakhs (as of September 30, 2026)
Consolidated Results:
Revenue from Operations:
- Q2 FY26: ₹59,554.90 (vs Q2 FY25: ₹36,367.27, +63.8% YoY)
- H1 FY26: ₹113,698.23 (vs H1 FY25: ₹67,427.21, +68.6% YoY)
Total Income:
- Q2 FY26: ₹59,886.70
- H1 FY26: ₹114,350.77
Net Profit:
- Q2 FY26: ₹29.74 (after share of associate loss of ₹1.64)
- H1 FY26: ₹721.94 (after share of associate loss of ₹2.18)
EPS:
- Q2 FY26: ₹0.09 basic and diluted (vs Q2 FY25: loss of ₹0.29)
- H1 FY26: ₹2.24 basic and diluted (vs H1 FY25: loss of ₹1.31)
Paid-up Equity Share Capital: ₹3,226.39 lakhs
Reserves: ₹12,673.96 lakhs (as of September 30, 2026)
Cash and Cash Equivalents (Consolidated): ₹1,713.06 lakhs
Debt: Not specifically broken out but financial liabilities include borrowings of ₹15,902.93 lakhs (non-current) and ₹5,921.94 lakhs (current)
Segment-wise Performance [Rs. in Lakhs]:
Revenue by Segment (Q2 FY26):
- Steel: ₹13,803.15
- Copper: ₹45,751.75
- EPC Projects: Minimal revenue
- Others: Minimal revenue
Segment Profit before finance costs (Q2 FY26):
- Steel: ₹565.51
- Copper: ₹631.26
- EPC Projects: Loss of ₹6.21
- Others: Profit of ₹0.51
Segment Assets (as of September 30, 2026):
- Steel: ₹57,024.95
- Copper: ₹21,925.84
- EPC Projects: ₹415.85
- Others: ₹70.33
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Sale of Non-Operational Land Property:
- Completed sale of land bearing Gat No. B-113, admeasuring 1,000 sq. mtrs.
- Location: STICE, Musalgaon MIDC, Sinnar, Nashik, Maharashtra
- Buyer: M/s. Pradeep Transport (unrelated third party)
- Consideration: ₹1.09 Crore (₹109 Lakhs)
- The land was previously used for manufacturing operations at Sinnar and was surplus to requirements following operational closure
- Transaction does not constitute sale of an undertaking and will have no impact on current business operations
- Not a related party transaction
Director Appointments:
No new director or auditor appointments disclosed.
Other Regulatory Information:
- No investor complaints during the quarter (beginning: Nil, received: Nil, pending: Nil)
- The company has five segments: Steel, Copper, Consultancy, Windmill, EPC Projects
- Consultancy/Contracting activities carried out in the name of M/S K.R. Bedmutha
- No significant revenue generated in Consultancy & Windmill segments
- Group has one associate company: Ashoka Pre-Con Private Limited
- No subsidiaries or joint ventures during the year
Other Significant Information:
Entities in Consolidation:
The consolidated results include associate company Ashoka Precon Pvt. Ltd with the company's share of net loss after tax of ₹1.64 lakhs for Q2 FY26 and ₹2.18 lakhs for H1 FY26.
Exceptional Items:
No exceptional items reported during the period.
Accounting Policies:
No change in accounting policy affecting comparability disclosed.
Forward-looking Guidance:
No specific forward-looking guidance or management outlook provided.