Board Meeting Details

The meeting of the Board of Directors commenced at 11:00 AM and concluded at 12:30 PM on Saturday, 24th October, 2026. The Board inter alia considered and approved the Unaudited Financial Statements and its Limited Review Report for the period ended September 30, 2026.

Financial Results Overview

Income Statement Highlights (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹700.10 lakhs (Unaudited) compared to ₹403.60 lakhs in H1 FY2025 and ₹510.03 lakhs in FY2026
  • Other income: ₹5.47 lakhs (Unaudited) compared to ₹2.74 lakhs in FY2026
  • Total income: ₹700.65 lakhs (Unaudited) compared to ₹403.60 lakhs in H1 FY2025 and ₹510.30 lakhs in FY2026
  • Total expenses: ₹570.88 lakhs (Unaudited) compared to ₹299.07 lakhs in H1 FY2025 and ₹404.90 lakhs in FY2026
  • Profit before tax: ₹129.77 lakhs (Unaudited) compared to ₹104.53 lakhs in H1 FY2025 and ₹105.40 lakhs in FY2026
  • Tax expense: ₹32.66 lakhs (Current tax: ₹33.70 lakhs, Deferred tax credit: ₹(1.04) lakhs)
  • Profit for the period: ₹97.11 lakhs (Unaudited) compared to ₹75.55 lakhs in H1 FY2025 and ₹76.45 lakhs in FY2026

Key Metrics

  • Earnings per share (EPS): ₹6.48 (Basic and diluted, not annualized)
  • Nominal value per share: ₹10.00
  • Weighted average number of equity shares: 14,976,000 shares
  • Paid-up equity share capital: ₹149.76 lakhs (face value ₹10 each)

Balance Sheet Position (as at September 30, 2026)

Equity and Liabilities

  • Shareholders' funds: ₹896.83 lakhs (Share capital: ₹149.76 lakhs, Reserves and surplus: ₹747.07 lakhs)
  • Non-current liabilities: ₹472.40 lakhs (Long-term borrowings: ₹451.81 lakhs, Long-term provisions: ₹20.11 lakhs, Deferred tax liability: ₹0.48 lakhs)
  • Current liabilities: ₹455.87 lakhs (Trade payables: ₹191.47 lakhs, Outstanding dues to micro/small enterprises: ₹204.30 lakhs, Outstanding dues to other creditors: ₹166.11 lakhs, Other current liabilities: ₹21.19 lakhs, Short-term provisions: ₹45.13 lakhs)
  • Total liabilities: ₹1,825.10 lakhs

Assets

  • Non-current assets: ₹177.10 lakhs (Property, plant and equipment: ₹100.38 lakhs, Other non-current assets: ₹76.72 lakhs)
  • Current assets: ₹1,647.99 lakhs (Inventories: ₹538.50 lakhs, Trade receivables: ₹875.51 lakhs, Cash and cash equivalents: ₹8.80 lakhs, Short-term loans and advances: ₹225.18 lakhs)
  • Total assets: ₹1,825.10 lakhs

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

  • Cash flows from operating activities: ₹(32.84) lakhs (Used in)
  • Cash flows from investing activities: ₹(77.47) lakhs (Used in)
  • Cash flows from financing activities: ₹112.45 lakhs (From)
  • Net increase in cash and cash equivalents: ₹2.14 lakhs
  • Cash and cash equivalents at beginning: ₹6.66 lakhs
  • Cash and cash equivalents at end: ₹8.80 lakhs

Comparative Performance

Half Year Comparison (September 30, 2026 vs September 30, 2025)

  • Revenue growth: 73.5% (from ₹403.60 lakhs to ₹700.10 lakhs)
  • Profit before tax growth: 24.2% (from ₹104.53 lakhs to ₹129.77 lakhs)
  • Net profit growth: 28.5% (from ₹75.55 lakhs to ₹97.11 lakhs)
  • EPS increased from ₹6.86 to ₹6.48

Sequential Comparison (H1 FY2026 vs FY2026)

  • Revenue growth: 37.3% (from ₹510.03 lakhs to ₹700.10 lakhs)
  • Profit before tax growth: 23.1% (from ₹105.40 lakhs to ₹129.77 lakhs)
  • Net profit growth: 27.0% (from ₹76.45 lakhs to ₹97.11 lakhs)

Significant Accounting Policies

The financial results are prepared in accordance with applicable accounting standards and include summary of significant accounting policies in notes 25 to 26.