Board Meeting Details

The Board of Directors meeting was held on Friday, November 13, 2026, commencing at 12:30 PM IST and concluding at 3:10 PM IST.

Key Decisions Approved

1. Financial Results Approval

The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and half year ended September 30, 2026 (Q2 FY27), together with the Limited Review Report, based on the recommendation of the Audit Committee, under Regulation 33 of the SEBI LODR Regulations.

2. Management Changes

  • Noted the resignation of Ms. Riddhi Harish Varma (Membership No. A68453) as Company Secretary & Compliance Officer and Key Managerial Personnel of the Company with effect from end of business hours on November 21, 2026.
  • Approved the appointment of Ms. Jigyasa Jha (Membership No. A68116) as Company Secretary & Compliance Officer and Key Managerial Personnel of the Company with effect from November 23, 2026, as recommended by the Nomination and Remuneration Committee.

Financial Results Summary

Standalone Financial Results (Quarter ended September 30, 2026)

  • Revenue from operations: ₹51,945.37 lakhs
  • Other income: ₹268.78 lakhs
  • Total Revenue: ₹52,214.15 lakhs
  • Total expenses: ₹53,139.03 lakhs
  • Profit before tax: (₹936.33) lakhs
  • Tax expense: ₹185.08 lakhs (including current tax ₹147.81 lakhs, deferred tax ₹37.27 lakhs)
  • Net Profit after tax: (₹751.25) lakhs
  • Total Comprehensive income: (₹751.25) lakhs
  • Basic EPS: (₹1.19)
  • Diluted EPS: (₹1.19)

Standalone Financial Results (Half year ended September 30, 2026)

  • Revenue from operations: ₹1,17,638.63 lakhs
  • Other income: ₹461.26 lakhs
  • Total Revenue: ₹1,18,099.89 lakhs
  • Total expenses: ₹1,15,124.31 lakhs
  • Profit before tax: ₹3,008.08 lakhs
  • Tax expense: ₹787.28 lakhs
  • Net Profit after tax: ₹2,220.80 lakhs
  • Total Comprehensive income: ₹2,220.80 lakhs
  • Basic EPS: ₹3.79
  • Diluted EPS: ₹3.79

Consolidated Financial Results (Quarter ended September 30, 2026)

  • Revenue from operations: ₹51,945.36 lakhs
  • Other income: ₹268.88 lakhs
  • Total Revenue: ₹52,214.24 lakhs
  • Total expenses: ₹53,139.02 lakhs
  • Profit before tax: (₹936.23) lakhs
  • Tax expense: (₹185.08) lakhs
  • Net Profit after tax: (₹751.15) lakhs
  • Total Comprehensive income: (₹751.15) lakhs
  • Basic EPS: (₹1.19)
  • Diluted EPS: (₹1.19)

Consolidated Financial Results (Half year ended September 30, 2026)

  • Revenue from operations: ₹1,17,650.43 lakhs
  • Other income: ₹462.04 lakhs
  • Total Revenue: ₹1,18,112.47 lakhs
  • Total expenses: ₹1,15,132.80 lakhs
  • Profit before tax: ₹3,012.17 lakhs
  • Tax expense: ₹787.28 lakhs
  • Net Profit after tax: ₹2,224.89 lakhs
  • Total Comprehensive income: ₹2,224.89 lakhs
  • Basic EPS: ₹3.80
  • Diluted EPS: ₹3.80

IPO Details and Proceeds Utilization

During the quarter ended September 30, 2026, the Company completed its Initial Public Offering (IPO) comprising:

  • Fresh Issue of 94,33,962 Equity Shares of face value of ₹10 each at an issue price of ₹424.00 per Equity Share, aggregating to ₹40,000.00 lakhs
  • Offer for Sale of 11,79,244 Equity Shares of face value of ₹10 each by the Promoter Selling Shareholders, aggregating to ₹5,000.00 lakhs
  • Equity Shares listed on NSE and BSE on July 24, 2026

IPO Net Proceeds Utilization as of September 30, 2026:

  • Gross Proceeds from Fresh Issue: ₹40,000.00 lakhs
  • Less: Estimated Issue related Expense: ₹2,284.32 lakhs
  • Net Proceeds: ₹37,715.68 lakhs

Utilization of Net Proceeds:

  • Repayment/prepayment of borrowings: Proposed ₹20,800.00 lakhs | Utilized ₹20,800.00 lakhs
  • Funding capital expenditure: Proposed ₹16,700.00 lakhs | Utilized ₹16,359.57 lakhs
  • General corporate purposes: Proposed ₹215.68 lakhs | Utilized ₹0.00 lakhs
  • Total Net Proceeds utilized: ₹37,159.57 lakhs
  • Unutilized proceeds: ₹556.11 lakhs held in Public Issue Account No-2052643709 and Monitoring Account No. 2052643716

Pre-IPO Placement

During the half year ended September 30, 2026, the Company undertook Pre-IPO placements of:

  • 14,15,095 Equity Shares at ₹424.00 per share, aggregating to ₹6,000.00 lakhs
  • 9,43,395 Equity Shares at ₹424.00 per share, aggregating to ₹4,000.00 lakhs

Balance Sheet Highlights (Standalone as of September 30, 2026)

  • Total Assets: ₹2,84,574.89 lakhs
  • Property, plant and equipment: ₹1,77,708.28 lakhs
  • Inventories: ₹16,121.70 lakhs
  • Trade receivables: ₹24,484.96 lakhs
  • Cash & Cash equivalents: ₹1,928.04 lakhs
  • Total Equity: ₹1,14,832.37 lakhs
  • Borrowings (non-current): ₹83,736.64 lakhs
  • Borrowings (current): ₹40,989.26 lakhs

Cash Flow Highlights (Standalone H1 FY27)

  • Net cash from operating activities: ₹4,212.07 lakhs
  • Net cash used in investing activities: (₹61,690.18) lakhs
  • Net cash from financing activities: ₹58,676.19 lakhs
  • Net increase in cash: ₹1,198.08 lakhs

New Company Secretary Profile

Ms. Jigyasa Jha (Membership No. A68116) is a qualified Company Secretary with over 6 years of experience, including 4+ years after qualifying. She was previously Assistant Manager - Secretarial at Ceinsys Tech Limited, handling compliances under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Additional Information

  • The Company was formerly known as Caliber Mercantile Private Limited
  • The Company has only one reportable segment: mining and logistics services
  • The consolidated results include subsidiaries: Caliber Mines and Minerals Private Limited, Caliber Natural Resources Private Limited, and Chadda Infraproject LLP
  • The financial results will be available on the company website: https://cmll.in/