Key Financial Figures (Rupees in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26 vs Q1 FY27)

  • Revenue From Operations: ₹0.00 (Q2 FY27) vs ₹16.25 (Q2 FY26) vs ₹9.75 (Q1 FY27)
  • Other Operating Income: ₹0.00 (Q2 FY27) vs ₹16.25 (Q2 FY26) vs ₹9.75 (Q1 FY27)
  • Total Revenue: ₹0.00 (Q2 FY27) vs ₹0.00 (Q2 FY26) vs ₹0.00 (Q1 FY27)
  • Finance Cost: ₹0.84 (Q2 FY27) vs ₹1.12 (Q2 FY26) vs ₹0.84 (Q1 FY27)
  • Depreciation & Amortization: ₹0.01 (Q2 FY27) vs ₹12.82 (Q2 FY26) vs ₹0.00 (Q1 FY27)
  • Operating and Other Expenses: ₹2.65 (Q2 FY27) vs ₹4.17 (Q2 FY26) vs ₹2.65 (Q1 FY27)
  • Total Expenses: ₹7.52 (Q2 FY27) vs ₹0.46 (Q2 FY26) vs ₹10.92 (Q1 FY27)
  • Profit/(Loss) Before Exceptional Items and Tax: ₹-11.02 (Q2 FY27) vs ₹18.57 (Q2 FY26) vs ₹-4.66 (Q1 FY27)
  • Exceptional Items: ₹-11.02 (Q2 FY27) vs ₹-2.32 (Q2 FY26) vs ₹-4.66 (Q1 FY27)
  • Profit/(Loss) Before Tax: ₹0.00 (Q2 FY27) vs ₹0.00 (Q2 FY26) vs ₹0.00 (Q1 FY27)
  • Net Profit/(Loss) After Tax: ₹-11.02 (Q2 FY27) vs ₹-2.32 (Q2 FY26) vs ₹-4.66 (Q1 FY27)
  • Earnings Per Share (Basic & Diluted): ₹-0.22 (Q2 FY27) vs ₹-0.05 (Q2 FY26) vs ₹-0.09 (Q1 FY27)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue From Operations: ₹9.75 (H1 FY27) vs ₹19.50 (H1 FY26)
  • Net Profit/(Loss) After Tax: ₹-15.68 (H1 FY27) vs ₹-24.61 (H1 FY26)
  • Earnings Per Share (Basic & Diluted): ₹-0.31 (H1 FY27) vs ₹-0.49 (H1 FY26)

Balance Sheet Position (As of September 30, 2026)

  • Paid-up Equity Share Capital: ₹500.00 (unchanged from previous periods)
  • Reserves (excluding Revaluation Reserves): ₹-796.94 (negative)
  • Total Assets: ₹638.51
  • Non-Current Assets: ₹612.50 (Property, Plant & Equipment: ₹527.05; Deferred Tax Asset: ₹85.45)
  • Current Assets: ₹26.01 (Trade Receivables: ₹14.90; Cash & Cash Equivalents: ₹2.34; Other Current Assets: ₹8.77)
  • Total Equity and Liabilities: ₹638.51
  • Equity: ₹-296.94 (negative)
  • Non-Current Liabilities: ₹942.12 (Borrowings: ₹898.91; Other Financial Liabilities: ₹43.21)
  • Current Liabilities: ₹-6.67 (negative, primarily Trade Payables)

Cash Flow Statement (H1 FY27)

  • Net Cash Flow from Operating Activities: ₹-16.66
  • Net Cash Flow from Investing Activities: ₹0.00
  • Net Cash Flow from Financing Activities: ₹8.15 (Increase in Secured Loans)
  • Net Decrease in Cash & Cash Equivalents: ₹-8.51
  • Closing Cash & Cash Equivalents: ₹2.34

Segment-wise Results (H1 FY27)

The company operates in two segments: Fishery (Segment A) and Shipyard (Segment B).

  • Segment Revenue: Shipyard segment reported ₹9.75 revenue; Fishery segment reported ₹0.00.
  • Segment Results (Profit/Loss): Shipyard profit of ₹9.07; Fishery loss of ₹0.80.
  • Segment Assets: Total ₹527.05 (Fishery: ₹71.67; Shipyard: ₹99.68; Unallocated: ₹355.70)

Regulatory Compliance Statements

  • Statement on deviation/variation in fund proceeds: Not applicable as company has not raised any funds via public issue, rights issue, preferential issue, or QIP.
  • Outstanding default on loans and debt securities: Company declared no defaults in payment of interest/repayment of principal as no loans have been borrowed from Banks/Financial Institutions. The company has no unlisted debt securities.
  • Related party transactions: Not applicable as the company is exempted under Regulation 15(2) of SEBI LODR.
  • Impact of audit qualifications: Not applicable for this quarterly filing.

Audit and Review

  • The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 14, 2026.
  • Palsule & Associates, Chartered Accountants (FRN: 131397W), issued a limited review report stating that nothing has come to their attention causing them to believe that the financial results contain any material misstatement.
  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).

Additional Information

  • The company does not have any subsidiary or associate company, hence consolidated financial statements are not required.
  • The Board meeting commenced at 12:30 PM (IST) and concluded at 1:05 PM (IST) on November 14, 2026.
  • Figures have been regrouped/rearranged/reclassified/reworked wherever necessary.