Board Meeting Details

The Board of Directors meeting was held on November 13, 2026, commencing at 05:15 PM and concluding at 05:45 PM. The meeting approved the unaudited financial results (standalone) for the quarter and half year ended September 30, 2026.

Financial Results Overview (Quarter Ended September 30, 2026)

  • Total Income from Operations: ₹6.24 lakhs (compared to ₹3.43 lakhs in Q2 FY26)
  • Net Sales/Income from Operations: ₹3.90 lakhs
  • Other Operating Income: ₹2.34 lakhs
  • Total Expenses: ₹8.10 lakhs
  • Changes in inventories: ₹3.84 lakhs
  • Employee benefits expense: ₹2.36 lakhs
  • Other expenses: ₹1.91 lakhs
  • Net Loss: ₹1.87 lakhs (compared to ₹2.93 lakhs loss in Q2 FY26)
  • Paid-up Equity Share Capital: ₹540.00 lakhs (Face Value of Re. 1/- per share)

Financial Results Overview (Half Year Ended September 30, 2026)

  • Total Income from Operations: ₹13.56 lakhs (compared to ₹11.53 lakhs in H1 FY26)
  • Total Expenses: ₹21.82 lakhs
  • Net Loss: ₹8.26 lakhs (compared to ₹9.76 lakhs loss in H1 FY26)

Comparative Financial Performance

Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Total Income increased from ₹3.43 lakhs to ₹6.24 lakhs
  • Net Loss improved from ₹2.93 lakhs to ₹1.87 lakhs

Half Yearly Comparison (H1 FY27 vs H1 FY26):

  • Total Income increased from ₹11.53 lakhs to ₹13.56 lakhs
  • Net Loss improved from ₹9.76 lakhs to ₹8.26 lakhs

Annual Comparison (FY26 Audited):

  • Total Income: ₹14.65 lakhs
  • Net Loss: ₹16.86 lakhs

Balance Sheet Position (as of September 30, 2026)

  • Total Equity and Liabilities: ₹469.61 lakhs
  • Shareholder's funds: ₹444.60 lakhs (Share Capital: ₹540.00 lakhs; Reserves and Surplus: ₹(95.40) lakhs)
  • Current Liabilities: ₹25.01 lakhs
  • Total Assets: ₹469.61 lakhs
  • Non-Current Assets: ₹256.59 lakhs (Fixed assets: ₹29.66 lakhs; Non-current investments: ₹225.79 lakhs; Other non-current assets: ₹1.14 lakhs)
  • Current Assets: ₹213.03 lakhs (Inventories: ₹13.87 lakhs; Trade receivables: ₹20.44 lakhs; Cash and cash equivalents: ₹9.31 lakhs; Other current assets: ₹169.42 lakhs)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Cash from Operating Activities: ₹4.71 lakhs
  • Profit before tax: ₹(8.26) lakhs
  • Working capital adjustments: ₹12.97 lakhs net positive
  • Net increase in Cash & Cash Equivalents: ₹4.71 lakhs
  • Closing Cash Balance: ₹9.31 lakhs (from opening balance of ₹4.60 lakhs)

Audit and Review Details

The statutory auditors, Rajesh U Shah & Associates, conducted a limited review of the financial results and issued an unmodified conclusion stating that nothing has come to their attention causing them to believe that the financial results contain any material misstatement.

Compliance and Accounting Standards

The financial results are prepared in compliance with Indian Accounting Standards (Ind-AS) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Previous period figures have been restated as per Ind AS for comparability.

Approval Process

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on November 13, 2026.