Bhagwati Autocast Limited disclosed unaudited financial results for Q2 FY27 and half-year ended 30th September 2026 through a regulatory filing to BSE Limited pursuant to SEBI Listing Regulations 30 & 33.

Board Meeting Details

The Board of Directors meeting was held on 28th October 2026 at Radisson Blu Hotel, Ahmedabad from 4:30 PM to 6:10 PM. The Board approved the unaudited financial results for the quarter and half year ended 30th September 2026 along with the limited review report from statutory auditors.

Financial Performance (Quarterly Comparison)

Q2 FY27 (30-09-2026) vs Q2 FY26 (30-09-2025):

  • Revenue from operations: ₹46.85 lakhs vs ₹42.70 lakhs (9.7% increase)
  • Total Income: ₹46.91 lakhs vs ₹42.70 lakhs
  • Profit before Tax: ₹3.80 lakhs vs ₹4.85 lakhs (21.6% decrease)
  • Profit for the period: ₹3.97 lakhs vs ₹3.61 lakhs (10.0% increase)
  • Basic EPS: ₹13.79 vs ₹12.52
  • Diluted EPS: ₹13.79 vs ₹12.52

Financial Performance (Half-Yearly Comparison)

H1 FY27 (30-09-2026) vs H1 FY26 (30-09-2025):

  • Revenue from operations: ₹99.09 lakhs vs ₹83.40 lakhs (18.8% increase)
  • Total Income: ₹99.16 lakhs vs ₹83.41 lakhs
  • Profit before Tax: ₹9.78 lakhs vs ₹8.84 lakhs (10.6% increase)
  • Profit for the period: ₹8.20 lakhs vs ₹6.35 lakhs (29.1% increase)
  • Basic EPS: ₹28.45 vs ₹22.05
  • Diluted EPS: ₹28.45 vs ₹22.05

Key Financial Metrics

Tax Expenses (H1 FY27):

  • Current Tax: ₹2.52 lakhs
  • Deferred Tax: (₹0.94 lakhs) credit
  • Total Tax: ₹1.58 lakhs

Other Comprehensive Income (H1 FY27):

  • Total Other Comprehensive Income: ₹5.50 lakhs
  • Total Comprehensive Income: ₹8.25 lakhs

Balance Sheet Position (as at 30-09-2026)

Assets:

  • Total Assets: ₹969.14 lakhs
  • Non-Current Assets: ₹457.88 lakhs (Property, Plant & Equipment: ₹440.33 lakhs)
  • Current Assets: ₹511.26 lakhs (Inventories: ₹125.67 lakhs, Trade Receivables: ₹304.83 lakhs, Cash: ₹24.09 lakhs)

Equity & Liabilities:

  • Total Equity: ₹661.21 lakhs (Share Capital: ₹28.81 lakhs, Other Equity: ₹632.40 lakhs)
  • Non-Current Liabilities: ₹70.66 lakhs
  • Current Liabilities: ₹237.27 lakhs

Cash Flow Statement (H1 FY27)

  • Net Cash from Operating Activities: ₹30.52 lakhs
  • Net Cash used in Investing Activities: (₹43.05 lakhs)
  • Net Cash used in Financing Activities: (₹55.18 lakhs)
  • Net decrease in Cash: (₹67.72 lakhs)
  • Closing Cash balance: ₹24.09 lakhs (vs opening ₹91.81 lakhs)

Significant Events and Notes

1. Flood Impact: In July 2026, manufacturing operations were temporarily suspended due to heavy rainfall and flooding causing damage to inventories and assets. The company incurred additional restoration expenses. Insurance company paid ₹3.50 lakhs as ad hoc payment. Net loss of ₹13.58 lakhs (after insurance recovery) is shown as insurance claim receivable under "Other Current Financial Assets".

2. Tax Regime Change: Effective FY 2026-27, the company adopted concessional tax regime under Section 200 of Income Tax Act, 2025, reducing applicable tax rate from 29.12% to 25.17%.

3. Segment Information: The company operates in a single segment - "Manufacturing of Castings".

4. Auditor Review: TRS & Associates (ICAI Firm Registration Number: 141126W) conducted limited review and issued unmodified review report stating the financial results comply with Ind AS 34 and SEBI Listing Regulations requirements.