Board Meeting Details
The Board of Directors meeting was held on Friday, November 06, 2026, at the Registered Office of the company. The meeting commenced at 12:35 p.m. and concluded at 2:00 p.m.
Board Approvals
The Board considered and approved the following items:
- Un-audited financial results and Cash Flow Statement for the 2nd Quarter/Half year ended September 30, 2026
- Statement of Assets and Liabilities for the Half year ended September 30, 2026
- Limited Review Report issued by the Statutory Auditor of the company
Financial Results Overview (Quarter Ended September 30, 2026)
- Revenue from Operations: ₹35,244.93 lakh (compared to ₹22,570.06 lakh in Q2 FY26, ₹24,719.89 lakh in Q1 FY27)
- Other Income: ₹126.85 lakh
- Total Income: ₹35,371.78 lakh
- Total Expenses: ₹34,064.32 lakh
- Cost of Material consumed/Purchases of Stock-In-Trade/Changes in Inventories: ₹2,024.03 lakh
- Employees Benefit Expenses: ₹1,255.17 lakh
- Finance Costs: ₹761.67 lakh
- Depreciation & Amortization Expense: ₹212.54 lakh
- Other expenses: ₹2,293.85 lakh
- Profit before tax: ₹1,307.46 lakh
- Tax Expense: ₹333.17 lakh
- Current Tax: ₹336.35 lakh
- Deferred Tax: (₹3.18) lakh
- Profit for the period: ₹974.29 lakh
- Other Comprehensive Income: (₹2.62) lakh
- Total Comprehensive Income: ₹971.67 lakh
- Basic and Diluted EPS: ₹7.52
Financial Results Overview (Half Year Ended September 30, 2026)
- Revenue from Operations: ₹59,964.82 lakh (compared to ₹45,139.79 lakh in H1 FY26)
- Other Income: ₹535.97 lakh
- Total Income: ₹60,500.79 lakh
- Total Expenses: ₹58,138.58 lakh
- Profit before tax: ₹2,362.21 lakh
- Tax Expense: ₹608.17 lakh
- Current Tax: ₹612.86 lakh
- Deferred Tax: (₹4.69) lakh
- Profit for the period: ₹1,754.04 lakh
- Other Comprehensive Income: (₹5.24) lakh
- Total Comprehensive Income: ₹1,748.80 lakh
- Basic and Diluted EPS: ₹13.53
Balance Sheet Position (As at September 30, 2026)
- Total Assets: ₹57,721.20 lakh (compared to ₹48,999.73 lakh as at March 31, 2026)
- Non-Current Assets: ₹10,331.81 lakh
- Property, Plant and Equipment: ₹7,474.95 lakh
- Right to use Assets: ₹2,627.04 lakh
- Financial Assets (Security Deposit): ₹229.82 lakh
- Current Assets: ₹47,389.39 lakh
- Inventories: ₹13,954.70 lakh
- Financial Assets: ₹28,865.27 lakh
- Investments: ₹203.49 lakh
- Trade receivables: ₹25,713.40 lakh
- Cash and Cash Equivalents: ₹447.50 lakh
- Bank balances other than cash: ₹2,500.88 lakh
- Other Current Assets: ₹4,569.42 lakh
- Total Equity: ₹21,921.66 lakh
- Equity Share capital: ₹1,292.78 lakh
- Other Equity: ₹20,628.88 lakh
- Non-Current Liabilities: ₹5,151.42 lakh
- Financial Liabilities: ₹4,504.29 lakh
- Borrowings: ₹4,236.17 lakh
- Lease Liabilities: ₹268.12 lakh
- Provisions: ₹291.86 lakh
- Deferred tax liabilities: ₹348.12 lakh
- Other non-current liabilities: ₹7.15 lakh
- Current Liabilities: ₹30,648.12 lakh
- Financial Liabilities: ₹24,244.88 lakh
- Borrowings: ₹5,067.23 lakh
- Lease Liabilities: ₹87.22 lakh
- Trade payables: ₹18,056.43 lakh
- Micro Enterprises & Small Enterprises: ₹306.76 lakh
- Other Creditors: ₹17,749.67 lakh
- Other Financial Liabilities: ₹1,034.20 lakh
- Provisions: ₹714.69 lakh
- Other current liabilities: ₹5,688.35 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash Flow from Operating Activities: ₹2,440.37 lakh
- Net Profit before tax: ₹2,362.21 lakh
- Adjustments: ₹1,951.14 lakh
- Working capital changes: ₹1,729.43 lakh
- Direct taxes paid: ₹289.06 lakh
- Cash Flow from Investing Activities: (₹179.85) lakh
- Payments for property, plant and equipment: (₹284.01) lakh
- Proceeds from disposal of property, plant and equipment: ₹5.70 lakh
- Proceeds/Payments to acquire financial assets: ₹26.63 lakh
- Interest received: ₹71.83 lakh
- Cash Flow from Financing Activities: (₹1,874.03) lakh
- Borrowings (Net): (₹451.95) lakh
- Interest & Finance Charges paid: (₹1,422.08) lakh
- Net increase in cash and cash equivalents: ₹386.49 lakh
- Cash and cash equivalents at beginning: ₹61.01 lakh
- Cash and cash equivalents at end: ₹447.50 lakh
Additional Notes and Disclosures
- The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors
- Statutory Auditors (G V K N & Associates) carried out a limited review in accordance with SRE 2410
- Results prepared in accordance with Indian Accounting Standards (Ind AS)
- The company operates in a single segment as defined in Ind AS-108
- Previous periods' figures have been reclassified, regrouped and rearranged for comparability
- No exceptional items reported for the periods
- The company does not have any subsidiary/associate/joint venture companies as of September 30, 2026
- Results are available on company website (www.cordscable.com) and stock exchange websites (www.bseindia.com, www.nseindia.com)
- Newspaper publication will be made as per Regulation 47 of Listing Regulations