Board Meeting Details

The Board of Directors meeting commenced at 02:00 PM and concluded at 08:05 PM on 13th November, 2026. The Board approved:

1. The Unaudited Financial Results (Standalone & Consolidated) of the Company under Indian Accounting Standards for the Quarter and half year ended on September 30, 2026.

2. Limited Review Report (Standalone & Consolidated) issued by M/s Khanzode & Shenwai, the Statutory Auditor of the Company.

Standalone Financial Results (Rupees in Lakhs)

Quarterly Performance (Q2 FY2026)
  • Revenue from Operations: ₹9,701.57
  • Net Sales/Income from Operations: ₹9,689.01
  • Other Income: ₹12.56
  • Total Expenses: ₹9,634.29
  • Profit Before Tax: ₹67.28
  • Tax Expense: ₹31.98 (Current Tax: ₹19.31, Deferred Tax: ₹12.67)
  • Net Profit After Tax: ₹35.31
  • EPS: ₹0.13 (Basic & Diluted)
  • Paid-up Equity Share Capital: ₹2,798.59 (Face value ₹10 each)
Half-Yearly Performance (H1 FY2026)
  • Revenue from Operations: ₹16,878.65
  • Net Sales/Income from Operations: ₹16,611.96
  • Other Income: ₹266.68
  • Total Expenses: ₹16,762.64
  • Profit Before Tax: ₹116.01
  • Tax Expense: ₹59.63 (Current Tax: ₹33.93, Deferred Tax: ₹25.70)
  • Net Profit After Tax: ₹55.38
  • EPS: ₹0.20 (Basic & Diluted)
Comparative Figures (Q2 FY2025)
  • Revenue from Operations: ₹8,125.07
  • Net Profit After Tax: ₹14.26
  • EPS: ₹0.05

Standalone Balance Sheet (as at 30th September, 2026)

  • Total Assets: ₹57,420.98
  • Non-current Assets: ₹28,186.71
  • Current Assets: ₹29,234.27
  • Total Equity: ₹9,455.52
  • Non-current Liabilities: ₹3,210.04
  • Current Liabilities: ₹44,745.42

Standalone Cash Flows (H1 FY2026)

  • Cash from Operating Activities: ₹9,632.38
  • Cash from Investing Activities: ₹-193.75
  • Cash from Financing Activities: ₹-1,039.14
  • Net Increase in Cash: ₹8,399.49
  • Cash and Cash Equivalents at end: ₹106.33

Segment-wise Performance (Standalone)

Q2 FY2026 Revenue:
  • Agro Division: ₹3,415.93
  • Healthcare Division: ₹6,022.86
  • Infrastructure Division: ₹250.23
Q2 FY2026 Segment Results (Profit/Loss before tax and interest):
  • Agro Division: ₹(1,321.48)
  • Healthcare Division: ₹2,512.29
  • Infrastructure Division: ₹(712.71)

Consolidated Financial Results (Rupees in Lakhs)

Quarterly Performance (Q2 FY2026)
  • Revenue from Operations: ₹50,140.38
  • Net Sales/Income from Operations: ₹50,115.66
  • Other Income: ₹573.21
  • Total Expenses: ₹52,202.74
  • Loss Before Tax: ₹(2,061.76)
  • Tax Expense: ₹(2,439.71) net
  • Net Loss After Tax: ₹(2,439.71)
  • EPS: ₹(8.72) (Basic & Diluted)
Half-Yearly Performance (H1 FY2026)
  • Revenue from Operations: ₹120,830.58
  • Net Sales/Income from Operations: ₹118,781.85
  • Other Income: ₹2,597.23
  • Profit Before Tax: ₹13,379.14
  • Net Profit After Tax: ₹12,530.29
  • EPS: ₹44.77 (Basic & Diluted)

Consolidated Balance Sheet (as at 30th September, 2026)

  • Total Assets: ₹480,505.20
  • Non-current Assets: ₹322,992.95
  • Current Assets: ₹157,512.25
  • Total Equity: ₹235,208.16
  • Non-current Liabilities: ₹100,014.37
  • Current Liabilities: ₹145,282.67

Subsidiaries Included in Consolidation

The Consolidated Financial Statements include the following entities:

1. CIAN Agro LLC Limited (Wholly owned subsidiary)

2. Manas Power Ventures Private Limited (Wholly owned subsidiary)

3. Ideal Energy Projects Limited (Wholly owned step-down subsidiary)

4. Avenzer Electricals & Infrastructure Private Limited (Wholly owned subsidiary)

5. Manas Agro Industries & Infrastructure Limited (Step-down subsidiary of WOS)

6. Varron Aluminium Private Limited (Wholly owned subsidiary)

7. Sec-one Sales & Marketing Private Limited (Wholly owned subsidiary)

8. Vyankatesh Engineers & Contractors Private Limited (Wholly owned subsidiary)

Auditor's Review

M/s Khanzode & Shenwai, Chartered Accountants, issued limited review reports for both standalone and consolidated financial results. Based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Statutory Dues Payable (as on 30th September, 2026)

Standalone Company:

  • TDS/TCS: ₹401.99
  • ESIC: ₹0.76
  • Provident Fund: ₹29.35
  • Professional Tax: ₹0.92
  • GST: ₹9.94
  • Other Statutory dues: ₹8.51

Consolidated Entity:

  • TDS/TCS: ₹1,519.18
  • ESIC: ₹106.23
  • Provident Fund: ₹840.83
  • Professional Tax: ₹171.20
  • GST: ₹35.78
  • VAT: ₹3,677.18
  • Customs: ₹91.72
  • Other Statutory dues: ₹39.58

Additional Notes

  • The company has eight reportable segments: Agro, Healthcare, Infrastructure, Power, Distillery, LPG, E-10 and Bottling.
  • Raw material consumption in step-down subsidiary Ideal Energy Projects Limited increased substantially during the quarter due to seasonal availability of inferior quality raw materials.
  • Claims on account of Grade and Price variation are under reconciliation with vendors.
  • Figures were rearranged and regrouped wherever found necessary.