Board Meeting Details

The Board of Directors meeting was held on November 02, 2026, from 11:00 AM to 05:50 PM at the company's registered office in Surat, Gujarat.

Key Decisions

1. Considered and approved the standalone unaudited financial results along with the limited review report for the quarter and half year ended September 30, 2026.

2. Declared 2nd interim dividend of Re. 0.01 per equity share (1% of face value ₹1) for FY 2026-27, to be paid within stipulated time.

Financial Performance (Amounts in ₹ Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)
  • Revenue from Operations: ₹2,037.33 vs ₹1,343.37 (51.7% increase YoY)
  • Total Income: ₹2,042.90 vs ₹1,349.87 (51.3% increase YoY)
  • Total Expenses: ₹1,944.44 vs ₹1,302.54 (49.3% increase YoY)
  • Profit Before Tax: ₹98.46 vs ₹47.33 (108.0% increase YoY)
  • Profit After Tax: ₹75.06 vs ₹37.27 (101.4% increase YoY)
  • Basic EPS: ₹0.53 vs ₹0.29
Half-Yearly Performance (H1 FY27 vs H1 FY26)
  • Revenue from Operations: ₹3,937.22 vs ₹2,458.82 (60.1% increase YoY)
  • Total Income: ₹3,949.69 vs ₹2,471.81 (59.8% increase YoY)
  • Profit Before Tax: ₹189.47 vs ₹95.08 (99.3% increase YoY)
  • Profit After Tax: ₹143.22 vs ₹73.10 (95.9% increase YoY)
  • Basic EPS: ₹1.02 vs ₹0.56
Key Ratios
  • Debt Equity Ratio: 0.26 (vs 0.03 as of March 2026)
  • Debt Service Coverage Ratio: 8.26 (vs 14.56 as of March 2026)
  • Interest Service Coverage Ratio: 30.82 (vs 19.17 as of March 2026)

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹2,754.34 lakhs (vs ₹1,985.34 lakhs as of March 2026)
  • Inventories: ₹1,480.16 lakhs (vs ₹962.80 lakhs as of March 2026)
  • Cash and Cash Equivalents: ₹167.45 lakhs (vs ₹86.28 lakhs as of March 2026)
  • Total Equity: ₹1,467.10 lakhs (vs ₹1,325.89 lakhs as of March 2026)
  • Total Borrowings: ₹378.02 lakhs (vs ₹341.82 lakhs as of March 2026)

Cash Flow Statement (H1 FY27)

  • Cash Flow from Operating Activities: Negative ₹184.09 lakhs
  • Cash Flow from Investing Activities: Negative ₹61.77 lakhs
  • Cash Flow from Financing Activities: Positive ₹327.04 lakhs
  • Net Increase in Cash: ₹81.18 lakhs

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board
  • The results were subjected to limited review by statutory auditors R Kejriwal & Co
  • No investor complaints were pending, received, or unresolved during the quarter
  • The company operates as a single segment business (retail)
  • No holding/subsidiary/joint venture/associate concerns exist
  • Previous period figures have been regrouped/rearranged for comparability