Summary of Key Information:

Reporting Period: Quarter ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results

Audit Opinion:

Unmodified opinion (clean) issued by M/s. Gautam N Associates, Chartered Accountants (FRN: 0103117W)

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results - Quarter Ended September 30, 2026:

  • Revenue from Operations: Rs 5,586.11 (Q2 FY26: Rs 2,684.92)
  • Other Income: Rs 10.06 (Q2 FY26: Rs 3.91)
  • Total Income: Rs 5,596.17 (Q2 FY26: Rs 2,688.83)
  • Total Expenses: Rs 3,000.80 (Q2 FY26: Rs 2,349.50)
  • Profit Before Tax: Rs 795.37 (Q2 FY26: Rs 339.33)
  • Tax Expenses: Rs 59.46 (Q2 FY26: Rs 14.57)
  • Net Profit for the period: Rs 235.91 (Q2 FY26: Rs 224.38)
  • EPS (Basic): Rs 0.22 (Q2 FY26: Rs 0.21)
  • EPS (Diluted): Rs 0.22 (Q2 FY26: Rs 0.21)

Standalone Results - Half Year Ended September 30, 2026:

  • Revenue from Operations: Rs 26,843.12 (H1 FY26: Rs 17,979.11)
  • Other Income: Rs 60.62 (H1 FY26: Rs 20.25)
  • Total Income: Rs 26,903.74 (H1 FY26: Rs 17,999.36)
  • Net Profit for the period: Rs 1,666.09 (H1 FY26: Rs 1,451.05)

Balance Sheet Position as at September 30, 2026:

  • Property, Plant and Equipment: Rs 1,509.28
  • Inventories: Rs 10,243.28 (March 31, 2026: Rs 23,207.46)
  • Trade Receivables: Rs 6,223.49 (March 31, 2026: Rs 913.18)
  • Cash and Cash Equivalents: Rs 312.34 (March 31, 2026: Rs 21.22)
  • Loans: Rs 667.29 (March 31, 2026: Rs 0)
  • Total Assets: Rs 19,352.68 (March 31, 2026: Rs 25,390.01)
  • Equity Share Capital: Rs 1,049.37
  • Other Equity: Rs 13,763.99 (March 31, 2026: Rs 12,052.12)
  • Non-Current Borrowings: Rs 2,311.57 (March 31, 2026: Rs 167.04)
  • Current Borrowings: Rs 0 (March 31, 2026: Rs 10,659.78)

Cash Flow Statement - Half Year Ended September 30, 2026:

  • Net Cash from Operating Activities: Rs 10,374.27
  • Net Cash used in Investing Activities: Rs (1,271.69)
  • Net Cash used in Financing Activities: Rs (8,811.46)
  • Net Decrease in Cash and Equivalents: Rs 291.12

Segment-wise Performance:

The company operates in a single business segment of agriculture, specifically production and processing of Agriculture Hybrid Seeds.

Corporate Actions:

Not Specified

Other Significant Information:

  • Significant reduction in inventories from Rs 23,207.46 lakh to Rs 10,243.28 lakh
  • Major increase in trade receivables from Rs 913.18 lakh to Rs 6,223.49 lakh
  • Reduction in current borrowings from Rs 10,659.78 lakh to Rs 0
  • Increase in non-current borrowings from Rs 167.04 lakh to Rs 2,311.57 lakh
  • Company registered office: Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023, Dist. Rajkot, Gujarat