Key Financial Figures

Quarter Ended 30.09.2026:

  • Revenue from operations: ₹193.32 crore (compared to ₹184.34 crore in Q2 FY26)
  • Other income: ₹0.11 crore
  • Total income: ₹193.43 crore
  • Total expenses: ₹189.80 crore
  • Profit before tax: ₹3.62 crore
  • Tax expense: ₹0.51 crore (deferred tax)
  • Net profit: ₹3.12 crore
  • Basic EPS: ₹3.03
  • Other comprehensive income: -₹0.35 crore
  • Total comprehensive income: ₹2.76 crore

Half Year Ended 30.09.2026:

  • Revenue from operations: ₹363.04 crore (compared to ₹342.35 crore in H1 FY26)
  • Other income: ₹0.23 crore
  • Total income: ₹363.27 crore
  • Total expenses: ₹357.46 crore
  • Profit before tax: ₹5.81 crore
  • Tax expense: ₹0.97 crore (deferred tax)
  • Net profit: ₹4.84 crore
  • Basic EPS: ₹4.70
  • Other comprehensive income: -₹0.61 crore
  • Total comprehensive income: ₹4.23 crore

Balance Sheet Position as at 30.09.2026

Assets:

  • Non-current assets: ₹247.37 crore (Property, plant & equipment: ₹237.66 crore)
  • Current assets: ₹423.80 crore (Inventories: ₹230.26 crore, Trade receivables: ₹171.97 crore)
  • Total assets: ₹671.17 crore

Liabilities & Equity:

  • Equity share capital: ₹10.29 crore
  • Other equity: ₹113.85 crore
  • Non-current liabilities: ₹184.71 crore (Long-term borrowings: ₹170.39 crore)
  • Current liabilities: ₹362.33 crore (Short-term borrowings: ₹281.38 crore)
  • Total equity and liabilities: ₹671.17 crore

Cash Flow Highlights for Half Year

  • Cash generated from operations: ₹7.03 crore
  • Net cash flow from operating activities: ₹6.67 crore
  • Net cash flow from investing activities: -₹4.53 crore (mainly purchases of property, plant & equipment)
  • Net cash flow from financing activities: -₹2.17 crore
  • Net decrease in cash and cash equivalents: -₹0.03 crore
  • Closing cash and cash equivalents: ₹0.06 crore

Board Decisions and Appointments

Shri Varenya Churiwal (DIN: 10589435):

  • Appointed as Additional Director (Executive) for 3 years effective 13th November 2026
  • Current role: Head - New Business and Strategy at BSL Ltd
  • Qualifications: M.Sc. in Innovation, Entrepreneurship and Management from Imperial College London; B.Sc. in Computer Science and Entrepreneurship from Ashoka University
  • Relationship: Son of Shri Nivedan Churiwal (Managing Director) and grandson of Shri Arun Churiwal (Chairman)

Ms. Anushka Mimani (DIN: 10280095):

  • Appointed as Additional Director (Independent) for 5 years effective 13th November 2026
  • Qualifications: Bachelor's degree in Entrepreneurship, English and International Relations from Ashoka University
  • Professional: Founder of MCode Consulting LLP, specializing in AI automation and consulting
  • Not related to any existing directors

Both appointments are subject to shareholder approval through postal ballot.

Other Board Meeting Details

  • Meeting held on 13th November 2026 from 12:28 PM to 3:40 PM
  • Trading window for insiders will reopen on 16th November 2026
  • Financial results reviewed by Audit Committee and Statutory Auditors (SSMS & Associates)
  • Limited review report issued by auditors with no material misstatements identified

Additional Information

  • Company has no subsidiaries, associates or joint ventures
  • Segment reporting not applicable as company operates in single business segment (textiles)
  • Paid-up equity share capital remains unchanged at ₹10.29 crore
  • Previous period figures have been regrouped/recast where necessary