Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR

Audit Opinion:

Clean/Unmodified opinion for both standalone and consolidated financial results

Key Financial Highlights [Amount in ₹ crores]:

Standalone Results:

Revenue from Operations: Q2 FY27: ₹1,786.57 (YoY growth: 36.6% from ₹1,308.17 in Q2 FY25)

Total Income: Q2 FY27: ₹1,798.11

Net Profit: Q2 FY27: ₹34.95 (YoY growth: 134% from ₹14.94 in Q2 FY25)

EPS: Basic: ₹1.59, Diluted: ₹1.58 for Q2 FY27

Other Equity: ₹1,618.03 as of September 30, 2026

Cash and Cash Equivalents: ₹7.69 as of September 30, 2026

Debt: Current Borrowings: ₹920.82, Lease Liabilities: ₹6.98 (Current) + ₹18.62 (Non-current)

Half Year Standalone Performance:

Revenue: ₹3,399.97 (H1 FY27) vs ₹2,487.89 (H1 FY25) - 36.7% growth

Net Profit: ₹70.20 (H1 FY27) vs ₹51.76 (H1 FY25) - 35.6% growth

Consolidated Results:

Revenue from Operations: Q2 FY27: ₹3,471.85

Total Income: Q2 FY27: ₹3,472.41

Net Profit: Q2 FY27: ₹72.65

EPS: Basic: ₹3.03, Diluted: ₹3.01 for Q2 FY27

Other Equity: ₹1,770.47 as of September 30, 2026

Cash and Cash Equivalents: ₹12.57 as of September 30, 2026

Half Year Consolidated Performance:

Revenue: ₹6,594.58 (H1 FY27)

Net Profit: ₹140.83 (H1 FY27)

Segment-wise Performance:

The company is primarily engaged in recycling of non-ferrous metals, including manufacturing and selling of aluminium alloys (in ingot and liquid form), billets, zinc alloys ingots and segregation of stainless steel, copper, brass, zinc, lead, magnesium. There are no separate reportable segments as per IND AS 108.

Corporate Actions:

  • Appointment of Mr. Satish Kumar Kaushik as Chief Financial Officer (KMP)
  • Approval for purchase of Corporate Office premises
  • ESOP grants: 72,500 stock options granted during quarter, 30,000 options lapsed

Other Significant Information:

  • Two joint ventures (CMR-Chiho Industries India Private Limited and CMR-Chiho Recycling Technologies Private Limited) not consolidated due to ongoing dispute between Joint Venture Partners
  • Figures for previous periods extracted from special purpose audited financial statements prepared for IPO purpose
  • Share-based payment expense of ₹4.45 crores recognized for ESOPs
  • Working capital pressure evident from increased inventories (₹686.25 vs ₹466.12) and trade receivables (₹860.47 vs ₹555.89)