Financial Performance (Standalone)
Quarter Ended September 30, 2026:
- Revenue from Operations: Not separately quantified (included in Total Income)
- Other Income: Not separately quantified (included in Total Income)
- Total Income: Not separately quantified
- Total Expenses: ₹13.08 lakh
- Profit/(Loss) before tax: (₹13.08) lakh
- Tax Expense: (₹3.22) lakh (Current Tax)
- Profit/(Loss) for the period: (₹9.86) lakh
- Basic EPS: (₹0.13)
- Diluted EPS: (₹0.13)
Half-Year Ended September 30, 2026:
- Revenue from Operations: ₹145.87 lakh
- Other Income: ₹0.28 lakh
- Total Income: ₹146.15 lakh
- Expenses: ₹119.53 lakh (including Purchase of Stock-in-Trade ₹193.70 lakh, Change in inventory (₹104.93) lakh, Employee Benefits ₹17.19 lakh, Other Expenses ₹13.57 lakh)
- Profit before tax: ₹26.62 lakh
- Tax Expense: ₹6.70 lakh (Current Tax)
- Profit for the period: ₹19.92 lakh
- Basic EPS: ₹0.25
- Diluted EPS: ₹0.25
- Equity Share Capital: ₹786.20 lakh (78,62,010 shares)
Comparative Figures (Quarter Ended):
- September 30, 2025: Profit ₹74.98 lakh, EPS ₹2.46
- June 30, 2026: Profit ₹29.78 lakh, EPS ₹0.67
Financial Position (Standalone as of September 30, 2026)
Assets: ₹2,279.44 lakh
- Non-Current Assets: ₹1,130.22 lakh (Capital Work-in-Progress ₹25.92 lakh, Non-Current Investments ₹566.92 lakh, Long-term Loans and Advances ₹537.38 lakh)
- Current Assets: ₹1,149.22 lakh (Inventories ₹189.69 lakh, Trade Receivables ₹507.20 lakh, Cash and Cash Equivalents ₹44.75 lakh, Other Current Assets ₹407.59 lakh)
Equity and Liabilities: ₹2,279.44 lakh
- Shareholder's Funds: ₹1,642.66 lakh (Share Capital ₹786.20 lakh, Other Equity ₹689.56 lakh, Money received against Share Warrants ₹166.90 lakh)
- Current Liabilities: ₹636.78 lakh (Trade Payables ₹26.02 lakh, Other Current Liabilities ₹524.93 lakh, Short-Term Provisions ₹85.83 lakh)
Cash Flow (Standalone Half-Year Ended September 30, 2026)
- Net Cash from Operating Activities: (₹120.35) lakh
- Net Cash from Investing Activities: ₹52.12 lakh
- Net Cash from Financing Activities: ₹75.00 lakh
- Net Increase in Cash: ₹6.77 lakh
- Cash at beginning: ₹37.98 lakh (March 31, 2026)
- Cash at end: ₹44.75 lakh (September 30, 2026)
Consolidated Results
Quarter Ended September 30, 2026:
- Profit/(Loss) for the period: (₹9.86) lakh
- Basic EPS: (₹0.13)
Half-Year Ended September 30, 2026:
- Revenue from Operations: ₹145.87 lakh
- Other Income: ₹0.28 lakh
- Total Income: ₹146.15 lakh
- Profit before tax: ₹20.62 lakh
- Profit for the period: ₹13.92 lakh
- Basic EPS: ₹0.18
- Equity Share Capital: ₹786.20 lakh (78,62,010 shares)
Subsidiary Information
- The company has one subsidiary: Novva Defence Iinds Limited
- The subsidiary reported total revenue of ₹0.00 lakh and net loss after tax of ₹(0.00) lakh for the quarter ended September 30, 2026
Fund Utilization
- The company raised funds through Preferential Issue - Convertible Warrants on 23-10-2024
- During the quarter ended September 30, 2026, the company received ₹25.00 lakh (board meeting held on 14th August, 2026)
- ₹50.00 lakh was utilized during the quarter for General Corporate Purpose
- No deviation/variation in use of funds raised
Related Party Transactions (Half-Year Ended September 30, 2026)
1. Ashok Dilipkumar Jain (Managing Director): Remuneration ₹9.00 lakh
2. Celestial Foodtech Private Limited (Entities under Common Control): Sundry debtor transaction ₹89.97 lakh, Closing balance ₹212.75 lakh
3. Viha Ashok Jain (Director): Remuneration ₹9.00 lakh
4. Novva Defence Iinds Limited (Subsidiary Company): Loan ₹50.00 lakh, Closing balance ₹50.00 lakh
5. Novva Defence Iinds Limited (Subsidiary Company): Investment ₹9.96 lakh, Closing balance ₹9.96 lakh
6. Le Lavoir Limited (Entities under Common Control): Loan ₹14.75 lakh, Closing balance ₹14.75 lakh
Auditor's Review
- Sunit M. Chhatbar & Co. (ICAI Firm Registration Number: 141068W) conducted a limited review
- No material misstatement was found in the unaudited standalone and consolidated financial results
- The review was conducted in accordance with Standard on Review Engagements (SRE) 2410
Additional Information
- Number of investor complaints as on 30.09.2026: 0
- Results reviewed by audit committee and approved by the Board of Directors on 04th November, 2026
- The company operates in one segment: Trading of Agricultural Products
- The company adopted IND AS with transition date of April 1, 2016
- No adjustments in profit & loss for Q2 FY27 under IND AS