Board Meeting Details

The Board of Directors meeting was held on Saturday, November 14, 2026, commencing at 1:30 PM IST and concluding at 2:30 PM IST. The meeting considered and approved the unaudited integrated financial results along with the limited review report issued by M/s S P A R K & Associates, Chartered Accountants LLP (FRN: 005313C / C400311), the statutory auditor of the company.

Financial Results Highlights (Quarter Ended September 30, 2026)

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹980.68
  • Other Income: ₹0.965
  • Total Income: ₹981.644

Expenses:

  • Cost of Material Consumed: ₹757.957
  • Changes in Inventories: ₹-39.564 (decrease)
  • Employee Benefits Expense: ₹135.008
  • Finance Cost: ₹53.004
  • Depreciation and Amortization: ₹16.010
  • Other Expenses: ₹67.101
  • Total Expenses: ₹989.516

Profitability:

  • Profit Before Exceptional Items and Tax: ₹-7.871 (loss)
  • Exceptional Items: ₹-7.881 (prior period adjustment for MAT credit entitlement and reversal of previous year income tax provision)
  • Profit Before Tax: ₹0.010
  • Tax Expense (Deferred Tax): ₹-0.333
  • Profit for the Period: ₹0.342

Earnings Per Share (Face Value ₹10):

  • Basic EPS (Before Exceptional Items): ₹-0.164
  • Diluted EPS (Before Exceptional Items): ₹-0.164
  • Basic EPS (After Exceptional Items): ₹0.007
  • Diluted EPS (After Exceptional Items): ₹0.007

Half Year Performance (Ended September 30, 2026)

  • Total Income: ₹2,047.270 lakh
  • Profit Before Tax: ₹12.325 lakh
  • Profit for the Period: ₹14.462 lakh
  • Basic EPS (After Exceptional Items): ₹0.300

Comparative Performance

Quarter Comparison (YoY):

  • Revenue declined from ₹1,208.585 lakh (Q2 FY26) to ₹980.680 lakh (Q2 FY27)
  • Net profit declined from ₹3.933 lakh (Q2 FY26) to ₹0.342 lakh (Q2 FY27)

Half Year Comparison (YoY):

  • Revenue remained nearly flat at ₹2,045.338 lakh (HY FY27) vs ₹2,052.218 lakh (HY FY26)
  • Net profit improved from ₹-9.922 lakh loss (HY FY26) to ₹14.462 lakh profit (HY FY27)

Balance Sheet Position (As of September 30, 2026)

  • Paid-up Equity Share Capital: ₹481.330 lakh
  • Other Equity: ₹-104.930 lakh (negative)
  • Total Assets: ₹3,469.270 lakh

Asset Composition:

  • Non-Current Assets: ₹725.090 lakh (including Property, Plant & Equipment: ₹528.450 lakh)
  • Current Assets: ₹2,744.180 lakh (including Inventories: ₹2,381.310 lakh, Trade Receivables: ₹345.000 lakh)

Liability Composition:

  • Non-Current Liabilities: ₹1,962.760 lakh (including Borrowings: ₹1,822.010 lakh)
  • Current Liabilities: ₹1,130.510 lakh (including Borrowings: ₹865.330 lakh, Trade Payables: ₹161.320 lakh)

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

  • Net Cash from Operating Activities: ₹-181.480 lakh
  • Net Cash from Investing Activities: ₹-35.650 lakh
  • Net Cash from Financing Activities: ₹221.590 lakh
  • Net Increase in Cash: ₹16.780 lakh
  • Cash and Cash Equivalents at End: ₹17.250 lakh

Auditor's Review

SPARK & Associates conducted a limited review and confirmed that nothing has come to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.