Key Quantitative Figures - Standalone Results (Amount in ₹ Lakhs)
Income Statement Highlights:
- Total Income: ₹59.17 lakh for H1 FY27 (compared to ₹14.85 lakh in H1 FY26)
- Income From Operation: ₹52.98 lakh
- Other Operational Income: ₹6.18 lakh
- Net Profit after tax: ₹14.71 lakh (compared to loss of ₹0.36 lakh in H1 FY26)
- Finance Cost: ₹34.13 lakh
- Tax Expenses: ₹2.87 lakh
- Basic EPS: ₹0.57 (before and after extraordinary items)
Balance Sheet Position (as of September 30, 2026):
- Total Equity and Liabilities: ₹3,832.54 lakh
- Share Capital: ₹259.66 lakh (unchanged)
- Reserves & Surplus: ₹2,326.99 lakh
- Long Term Borrowings: ₹594.76 lakh (newly added)
- Total Assets: ₹3,832.54 lakh
- Inventories: ₹2,246.88 lakh
- Trade Receivables: ₹355.02 lakh
- Cash & Cash Equivalents: ₹17.66 lakh
Cash Flow Statement - Standalone:
- Cash Flow from Operating Activities: (₹95.36) lakh
- Cash Flow from Investing Activities: ₹0.92 lakh
- Cash Flow from Financing Activities: ₹106.58 lakh
- Net increase in cash: ₹12.13 lakh
Key Quantitative Figures - Consolidated Results (Amount in ₹ Lakhs)
Income Statement Highlights:
- Total Income: ₹114.48 lakh for H1 FY27
- Income From Operation: ₹102.18 lakh
- Other Operational Income: ₹12.30 lakh
- Net Profit after tax: ₹46.02 lakh
- Finance Cost: ₹34.13 lakh
- Tax Expenses: ₹2.87 lakh
- Minority Interest: ₹11.51 lakh
- Basic EPS: ₹1.33 (before and after extraordinary items)
Balance Sheet Position (as of September 30, 2026):
- Total Equity and Liabilities: ₹9,891.74 lakh
- Share Capital: ₹259.66 lakh
- Reserves & Surplus: ₹2,433.44 lakh
- Minority Interest: ₹201.05 lakh
- Long Term Borrowings: ₹5,302.76 lakh
- Total Assets: ₹9,891.74 lakh
- Inventories: ₹3,830.83 lakh
- Trade Receivables: ₹443.05 lakh
- Cash & Cash Equivalents: ₹131.86 lakh
Cash Flow Statement - Consolidated:
- Cash Flow from Operating Activities: (₹96.11) lakh
- Cash Flow from Investing Activities: (₹4.69) lakh
- Cash Flow from Financing Activities: ₹126.59 lakh
- Net increase in cash: ₹25.79 lakh
Parties Involved
The financial results include consolidated figures from the following subsidiaries:
1. Bhanderi Gandhinagar Projects Private Limited
2. Bhanderi Pethapur Projects Private Limited
3. Bhanderi Talod Private Limited
4. Bhanderi Kathwada Private Limited
5. Hareram Jems and Exports Pvt. Ltd.
6. Dharnidhar Developers
Operational Segment
The entire operation of the Company relates to only one segment "Real Estate" and hence segment-wise reporting is not applicable.
Auditor's Review
The limited review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India. The auditors stated that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.
Notes and Qualifications
- Figures pertaining to previous period/year have been re-grouped, re-classified and restated wherever found necessary
- The Company has not adopted Indian Accounting Standards (IND AS) in terms of exemption available to companies listed with SME Exchange
- The consolidated results include subsidiaries with total revenue of ₹55.31 lakh, expenditure of ₹28.23 lakh, and assets of ₹5,751.69 lakh for H1 FY27