Board Meeting Details

The Board of Directors meeting was held on Saturday, 14th November, 2026, commencing at 5:10 PM and concluding at 5:25 PM. The meeting:

  • Approved the Standalone Unaudited Financial Statements for the quarter and half year ended September 30, 2026
  • Was conducted based on the recommendation of the Audit Committee

Financial Results Overview (Quarter Ended September 30, 2026)

Income Statement (Amount in ₹ Lakhs):

  • Revenue from Operations: ₹4,180.16
  • Other Income: ₹20.97
  • Total Revenue: ₹4,201.13
  • Direct & other related expenses: ₹2,828.45
  • Employee Benefit Expenses: ₹147.36
  • Finance Cost: ₹1.82
  • Depreciation & Amortization: ₹83.29
  • Other Expenses: ₹198.76
  • CSR expenses: ₹5.25
  • Total Expenses: ₹3,264.93
  • Profit before tax: ₹936.20
  • Tax Expenses: ₹231.45 (Current Tax: ₹235.25, Deferred Tax Assets: ₹-3.80)
  • Net Profit: ₹704.75
  • Earnings Per Share (Basic & Diluted): ₹13.21

Half-Year Performance (April-September 2026)

Income Statement (Amount in ₹ Lakhs):

  • Revenue from Operations: ₹7,119.36
  • Other Income: ₹65.75
  • Total Revenue: ₹7,185.11
  • Total Expenses: ₹5,723.45
  • Profit before tax: ₹1,461.66
  • Tax Expenses: ₹358.95
  • Net Profit: ₹1,102.71
  • Earnings Per Share (Basic & Diluted): ₹10.25

Comparative Performance

Quarterly Comparison (YoY):

  • Revenue increased 24.6% from ₹3,370.51 lakh (Q2 FY26) to ₹4,180.16 lakh (Q2 FY27)
  • Net Profit increased 4.4% from ₹675.38 lakh (Q2 FY26) to ₹704.75 lakh (Q2 FY27)
  • EPS decreased from ₹13.69 (Q2 FY26) to ₹13.21 (Q2 FY27)

Half-Year Comparison (YoY):

  • Revenue increased 13.5% from ₹6,250.67 lakh (H1 FY26) to ₹7,119.36 lakh (H1 FY27)
  • Net Profit increased 9.4% from ₹1,007.52 lakh (H1 FY26) to ₹1,102.71 lakh (H1 FY27)
  • EPS decreased from ₹11.54 (H1 FY26) to ₹10.25 (H1 FY27)

Segment-wise Performance (Quarter Ended September 30, 2026)

Revenue Breakdown:

  • Advertising Services: ₹4,137.25 lakh (98.9% of total)
  • Real Estate: ₹42.91 lakh (1.1% of total)

Segment Results:

  • Advertising Services profit: ₹1,053.48 lakh
  • Real Estate profit: ₹16.18 lakh

Balance Sheet Position (as of September 30, 2026)

Equity and Liabilities (₹ Lakhs):

  • Share Capital: ₹2,182.32 (unchanged)
  • Reserves and Surplus: ₹17,358.43 (increased from ₹16,374.41 as of March 31, 2026)
  • Non-current liabilities: ₹104.68
  • Current liabilities: ₹2,764.16
  • Total: ₹22,409.59

Assets (₹ Lakhs):

  • Property, Plant & Equipment: ₹1,655.89
  • Non-current Investments: ₹23.00
  • Deferred Tax Assets: ₹34.36
  • Other Non-current Assets: ₹555.89
  • Inventories: ₹5,090.94
  • Trade Receivables: ₹8,130.23
  • Cash and cash equivalents: ₹2,529.06
  • Short Term Loans & Advances: ₹4,382.17
  • Other Current Assets: ₹8.05
  • Total: ₹22,409.59

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

  • Net cash from operating activities: ₹58.59 lakh
  • Net cash from investing activities: ₹180.93 lakh
  • Net cash used in financing activities: ₹-111.16 lakh
  • Net increase in cash: ₹128.37 lakh
  • Cash equivalents at period end: ₹547.57 lakh

Auditor's Review

M/s. Vandana V. Dodhia & Co., Chartered Accountants (FRN: 117812W) issued a limited review report with an unmodified opinion. The review was conducted in accordance with SRE 2410.

Emphasis of Matter:

The auditors highlighted Note 6 regarding the company's migration from BSE SME Platform to NSE Main Board effective November 6, 2026 (post reporting period). Management is assessing the impact of first-time adoption of Indian Accounting Standards (Ind AS) and preparing transition workings. The financial impact has not been quantified as of the approval date.

Additional Information

  • The company has two business segments: Advertising & Publicity and Real Estate
  • No investor complaints were received/pending as of September 30, 2026
  • Previous year figures have been regrouped/reclassified where necessary
  • Paid-up equity share capital remains unchanged at ₹2,182.32 lakh