Key Financial Figures - Standalone (INR Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹7,230.21
  • Other Income: ₹16.35
  • Total Income: ₹7,246.56
  • Total Expenses: ₹6,052.82
  • Profit before tax: ₹293.74
  • Current tax: ₹73.93
  • Profit after tax: ₹219.81
  • Total Comprehensive Income: ₹236.01
  • Basic EPS: ₹1.57* (not annualized)
  • Diluted EPS: ₹1.55* (not annualized)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹13,263.53
  • Other Income: ₹31.01
  • Total Income: ₹13,294.54
  • Total Expenses: ₹12,038.95
  • Profit before tax: ₹355.59
  • Current tax: ₹89.50
  • Profit after tax: ₹266.09
  • Total Comprehensive Income: ₹293.82
  • Basic EPS: ₹1.90* (not annualized)
  • Diluted EPS: ₹1.87* (not annualized)

Key Financial Figures - Consolidated (INR Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹7,245.55
  • Profit after tax: ₹211.03
  • Total Profit for the period: ₹215.47
  • Profit attributable to owners: ₹218.31
  • Basic EPS: ₹1.56* (not annualized)
  • Diluted EPS: ₹1.54* (not annualized)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹13,253.54
  • Profit after tax: ₹240.74
  • Total Profit for the period: ₹226.10
  • Profit attributable to owners: ₹231.53
  • Basic EPS: ₹1.66* (not annualized)
  • Diluted EPS: ₹1.63* (not annualized)

Production Linked Incentive (PLI) Recognition

During Q2 FY26, the company recognized ₹6.00 crores as Production Linked Incentive (PLI) upon filing the claim application. This amount has been presented under "Other Operating Revenue" rather than the historical classification of "Other Income" due to its direct linkage to incremental sales volume and capital expenditure. Comparative figures of ₹1.80 crores for Q2 and H1 FY25, and FY26 have been reclassified accordingly. This presentation shift has no computational impact on historical Profit before Tax, Profit after Tax, or Earnings per share.

Joint Venture Exposure

As at September 30, 2026, the company holds:

  • Equity investment of ₹100 lakhs (carried at cost under Ind AS 27)
  • Short-term interest-bearing working capital support of ₹138.74 lakhs

Total exposure: ₹238.74 lakhs in its 50% Joint Venture, Calcom Taehwa Techno Private Limited.

Although the JV has incurred accumulated losses, management expects an operational turnaround and full recovery of both exposures based on confirmed order pipelines and projected cash flows. Accordingly, no impairment under Ind AS 36 or Expected Credit Loss (ECL) under Ind AS 109 has been recognized as at September 30, 2026.

Labour Code Implementation

The Government of India previously notified provisions of the four Labour Codes consolidating existing labour laws. During the previous quarter ended June 30, 2026, the company implemented the required changes in accordance with notifications issued by the UP State Government/Central Government. The financial impact of this implementation has been recognized in the financial results for the quarter and half-year ended September 30, 2026.

Subsidiary Updates

1. Calcom Astra Private Limited: Incorporated on January 17, 2025, as a subsidiary. The consolidated results include its financial results for Q2 and H1 FY26. Since it was in its initial extended financial period and did not prepare financial statements for the period ended September 30, 2025, the consolidated figures are not comparable with corresponding prior periods.

2. Calcom Kadappa Pvt. Ltd.: The Ministry of Corporate Affairs approved the striking off of this wholly-owned non-operational subsidiary on December 2nd, 2025. Consequently, the subsidiary ceased to exist with effect from December 2nd, 2025, making current period results not strictly comparable with corresponding prior periods.

Taxation

Provision for Current Tax has been made on a pro-rata basis. Provision for deferred tax liability/assets would be made at the end of the year.

Segment Reporting

The company is engaged only in one electronic segment and there is no other segment to report. Hence segment reporting under Ind AS 108 is not required.

Assets and Liabilities Position (Standalone)

As at September 30, 2026:

  • Total Assets: ₹21,844.92 lakhs
  • Total Equity: ₹8,871.53 lakhs
  • Non-current liabilities: ₹2,045.41 lakhs
  • Current liabilities: ₹10,927.98 lakhs

Cash Flow (Standalone)

Half Year Ended September 30, 2026:

  • Net cash from operating activities: ₹1,827.69 lakhs
  • Net cash used in investing activities: ₹(670.06) lakhs
  • Net cash used in financing activities: ₹(1,154.16) lakhs
  • Net increase in cash: ₹3.47 lakhs

Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2026. The Statutory Auditors, Suresh Chandra & Associates, have conducted a "Limited Review" of the financial results and issued an unmodified conclusion with an Emphasis of Matter regarding the JV exposure.

Certification

The Chief Executive Officer and Chief Financial Officer have certified that the unaudited financial results do not contain any false or misleading statement or figures and do not omit any material fact.