Key Quantitative Figures - Standalone (Rs. in Lacs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from Operations: ₹152.61 (vs ₹184.74 in Q2 FY26)
  • Other Income: ₹107.44 (vs ₹115.91)
  • Total Income: ₹260.05 (vs ₹300.66)
  • Total Expenses: ₹189.20 (vs ₹220.78)
  • Profit Before Tax (PBT): ₹70.85 (vs ₹79.88)
  • Total Tax Expense: ₹19.51 (vs ₹23.70)
  • Net Profit for the period: ₹51.34 (vs ₹56.17)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹0.21 (vs ₹0.22)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from Operations: ₹316.61 (vs ₹282.39)
  • Other Income: ₹214.10 (vs ₹231.71)
  • Total Income: ₹530.71 (vs ₹514.10)
  • Total Expenses: ₹386.90 (vs ₹354.42)
  • Profit Before Tax (PBT): ₹143.81 (vs ₹159.68)
  • Total Tax Expense: ₹40.15 (vs ₹46.87)
  • Net Profit for the period: ₹103.66 (vs ₹112.80)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹0.41 (vs ₹0.45)

Key Expense Breakdown - Q2 FY27

  • Purchase of stock-in-trade: ₹139.08
  • Finance costs: ₹19.79
  • Depreciation and amortization: ₹15.48
  • Other expenses: ₹14.68
  • Employee benefits expense: ₹0.17

Key Quantitative Figures - Consolidated (Rs. in Lacs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from Operations: ₹4,165.96 (vs ₹2,498.39)
  • Other Income: ₹418.75 (vs ₹250.61)
  • Total Income: ₹4,584.71 (vs ₹2,749.01)
  • Total Expenses: ₹4,416.38 (vs ₹2,714.54)
  • Profit Before Tax (PBT): ₹168.33 (vs ₹34.47)
  • Total Tax Expense: ₹45.31 (vs ₹15.64)
  • Net Profit for the period: ₹123.02 (vs ₹18.83)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹0.50 (vs ₹0.17)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from Operations: ₹7,749.94 (vs ₹6,596.24)
  • Other Income: ₹491.84 (vs ₹399.25)
  • Total Income: ₹8,241.78 (vs ₹6,995.49)
  • Total Expenses: ₹7,924.35 (vs ₹6,926.58)
  • Profit Before Tax (PBT): ₹317.43 (vs ₹68.91)
  • Total Tax Expense: ₹77.21 (vs ₹27.07)
  • Net Profit for the period: ₹240.21 (vs ₹41.84)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹0.96 (vs ₹0.28)

Key Expense Breakdown - Q2 FY27

  • Cost of raw materials consumed: ₹3,084.23
  • Purchase of stock-in-trade: ₹46.59
  • Changes in inventories: ₹135.55
  • Employee benefits expense: ₹79.08
  • Finance costs: ₹185.21
  • Depreciation and amortization: ₹207.21
  • Other expenses: ₹678.51

Dates of Action

  • Board Meeting: October 31, 2026 (commenced at 5:30 PM, concluded at 10:45 PM)
  • Financial Period: Quarter and Half Year ended September 30, 2026
  • AGM for Dividend Approval: September 30, 2026
  • Dividend Payment Date: October 3, 2026

Parties Involved

  • Stock Exchange: Bombay Stock Exchange (BSE)
  • Statutory Auditors: V. K. Surana & Co. (Firm Registration No.: 110634W) - Current auditors; Kamdar & Daga (Firm Registration No. 132239W) and L N J & Associates (Firm Registration No. 135772W) - Predecessor auditors
  • Subsidiaries (for consolidated results): Confidence Enterprises Private Limited (100%), Sarju Impex Limited (75%), Confidence Green Fuel Private Limited (100%), Confidence Futuristic Fuels Private Limited (100%), Silversky Exim Private Limited (51%)

Dividend Information

  • Final dividend of 5% (₹0.25 per equity share of ₹5 each) recommended for FY 2025-26
  • Amount: ₹62.55 Lacs
  • Approved by shareholders at AGM held on September 30, 2026
  • Recognized as liability in financial results for quarter/half year ended September 30, 2026
  • Paid to shareholders on October 3, 2026

Tax Search Matter

  • Income-Tax authorities conducted search activity in October 2025 at some premises of the Company
  • Company provided full cooperation and required details/documents
  • As of October 31, 2026, no written communication received from department regarding outcome
  • No accounting provisions made in the financial results

Capital Structure Impact

  • Paid-up equity share capital remains unchanged at ₹1,251.00 Lacs (face value ₹5 per share)
  • No dilution or change in share capital structure reported

Segment Information

  • Company operates in a single operating and reportable segment as per Ind AS 108
  • No separate segment information presented

Investor Complaints

  • One complaint pending as at the end of quarter ended September 30, 2026

Balance Sheet Highlights - Standalone (as at September 30, 2026 vs March 31, 2026)

  • Total Assets: ₹16,553.29 Lacs (vs ₹15,921.95 Lacs)
  • Property, Plant and Equipment: ₹382.52 Lacs (vs ₹41.31 Lacs)
  • Investments: ₹9,233.21 Lacs (unchanged)
  • Loans: ₹6,311.57 Lacs (vs ₹6,134.90 Lacs)
  • Trade Receivables: ₹607.32 Lacs (vs ₹511.79 Lacs)
  • Cash and Cash Equivalents: ₹1.49 Lacs (vs ₹0.73 Lacs)
  • Total Equity: ₹14,455.56 Lacs (vs ₹14,414.46 Lacs)
  • Borrowings (Non-current): ₹1,366.09 Lacs (vs ₹1,264.05 Lacs)
  • Trade Payables: ₹489.85 Lacs (vs ₹23.35 Lacs)

Cash Flow Statement - Standalone (H1 FY27 vs H1 FY26)

  • Net Cash from Operating Activities: ₹271.81 Lacs (vs ₹(50.34) Lacs)
  • Net Cash from Investing Activities: ₹(329.76) Lacs (vs ₹(110.28) Lacs)
  • Net Cash from Financing Activities: ₹58.71 Lacs (vs ₹160.13 Lacs)
  • Net Increase in Cash: ₹0.76 Lacs (vs ₹(0.48) Lacs)

Financial Impact Assessment

All financial impacts are quantified in the disclosure. The dividend payment of ₹62.55 Lacs represents a cash outflow post the reporting period (October 3, 2026). The tax search matter remains contingent with no financial impact quantified as no communication received from authorities.