Classic Electricals Limited

Board Meeting Details

The meeting commenced at 12:00 PM and concluded at 12:20 PM on 06th November, 2026. The Board approved:

  • Unaudited Standalone Financial Results for quarter and half year ended 30th September, 2026
  • Balance Sheet for the half financial year ended 30th September, 2026
  • Cash Flow Statement for the half financial year ended 30th September, 2026

The company will publish the results in newspapers in accordance with Regulation 47 of SEBI LODR.

Auditor's Review Report

M/s. AD V & Associates, Chartered Accountants (Firm Registration No. 128045W), the statutory auditors, conducted a limited review of the results and issued a clean report. CA Pratik Kabra (Membership No. 611401) signed the review report dated 06th November, 2026. The auditors concluded that nothing came to their attention causing them to believe that the statement contains any material misstatement.

Financial Results Highlights (Quarter Ended 30th September, 2026)

Income Statement (₹ lakhs):

  • Revenue from Operations: ₹0.00
  • Other Income: ₹2,376.76
  • Total Revenue: ₹7,651.00

Expenses (₹ lakhs):

  • Employee Benefit Expense: ₹683.00
  • Other Expenses: ₹1,978.00
  • Finance Cost: ₹347.00
  • Depreciation and Amortization: ₹43.00
  • Total Expenses: ₹3,051.00

Profitability (₹ lakhs):

  • Profit Before Exceptional Items and Tax: ₹(751.00) loss
  • Exceptional Items: ₹0.00
  • Profit Before Tax: ₹(751.00) loss

Tax Expense (₹ lakhs):

  • Current Tax: ₹(47.00) credit
  • Deferred Tax Assets/Liability: ₹23.00
  • Total Tax Expense: ₹(24.00)
  • Profit for the Year: ₹(775.00) loss

Earnings Per Share:

  • Basic EPS: ₹(0.39) loss per share
  • Diluted EPS: ₹(0.34) loss per share

Half Year Financial Results (30th September, 2026)

Income Statement (₹ lakhs):

  • Total Revenue: ₹5,227.00
  • Total Expenses: ₹5,340.00
  • Profit Before Tax: ₹(113.00) loss
  • Profit for the Period: ₹(126.00) loss
  • Other Comprehensive Income: ₹1.00
  • Total Comprehensive Income: ₹(125.00) loss

Balance Sheet Position (30th September, 2026)

Assets (₹ lakhs):

  • Total Assets: ₹1,368.88
  • Non-Current Assets: ₹318.74
  • Property Plant and Equipment: ₹21.79
  • Investment Property: ₹9.03
  • Current Tax Assets (Net): ₹259.15
  • Deferred Tax Assets: ₹11.70
  • Other Non-Current Assets: ₹17.06
  • Current Assets: ₹1,050.14
  • Cash and Cash Equivalents: ₹7.57
  • Loans: ₹1,039.33
  • Other Current Assets: ₹3.24

Equity and Liabilities (₹ lakhs):

  • Total Equity: ₹1,173.58
  • Equity Share Capital: ₹190.56 (par value ₹10/- each fully paid)
  • Other Equity: ₹983.03
  • Non-Current Liabilities: ₹8.23 (Provisions)
  • Current Liabilities: ₹187.07
  • Borrowings: ₹177.60
  • Other Current Liabilities: ₹8.58
  • Provisions: ₹0.89

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

Operating Activities (₹ lakhs):

  • Net Profit/Loss Before Taxation: ₹(1.14) loss
  • Add: Depreciation Charge: ₹0.83
  • Operating Profit Before Working Capital Changes: ₹(12.30) loss
  • Cash Used in Operations: ₹(52.45)

Investing Activities (₹ lakhs):

  • Purchase of Fixed Assets: ₹(1.82)
  • Rent Income: ₹12.00
  • Net Cash from Investing Activities: ₹10.18

Financing Activities (₹ lakhs):

  • Borrowings (Net): ₹46.42
  • Net Cash from Financing Activities: ₹46.42

Net Cash Flow:

  • Net Increase in Cash: ₹4.15
  • Cash at Beginning of Year: ₹3.42
  • Cash at End of Year: ₹7.57

Comparative Figures

All previous period figures have been regrouped, rearranged, restated, and reclassified wherever necessary. The results show a deterioration from the same period last year, with revenue declining and losses increasing.