Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Unmodified opinion (clean)

Key Financial Highlights [₹ in Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹9,805.88 (vs ₹4,505.21 in Q2 FY26 - 117.7% increase YoY)
  • Total Income: ₹10,101.32
  • Net Profit: ₹716.89 (vs ₹498.26 in Q2 FY26 - 43.9% increase YoY)
  • EPS: ₹0.16 (Basic and Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹18,791.44
  • Total Income: ₹19,190.57
  • Net Profit: ₹1,004.72
  • EPS: ₹0.22 (Basic and Diluted)

Previous Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹55,428.11
  • Net Profit: ₹3,965.21
  • EPS: ₹8.51

Financial Position (As of September 30, 2026):

  • Cash and Cash Equivalents: ₹244.70 lakhs
  • Total Assets: ₹105,675.26 lakhs
  • Total Equity: ₹45,658.63 lakhs
  • Total Debt (Borrowings): ₹17,480.63 lakhs (Non-current: ₹5,198.52 lakhs, Current: ₹12,225.11 lakhs)
  • Trade Payables: ₹10,827.40 lakhs

Segment-wise Performance:

The company has a single reportable business segment (construction contracts and sale of material). No separate segment disclosure provided.

Corporate Actions:

No dividend declared, share split, bonus issue, buyback, or capital structure changes announced.

Other Significant Information:

  • Revenue from operations consists of construction contracts (inclusive of unbilled revenue) and sale of material
  • Face value of equity share: ₹1.00
  • Paid-up equity share capital: ₹4,658.09 lakhs
  • Reserves: ₹40,493.36 lakhs
  • The company follows Indian Accounting Standards (Ind AS)

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

  • Cash flow from operating activities: ₹1,181.68 lakhs (improved from negative ₹401.75 lakhs in H1 FY26)
  • Cash used in investing activities: ₹(153.10) lakhs
  • Cash used in financing activities: ₹(1,070.58) lakhs
  • Net decrease in cash: ₹(42.00) lakhs

Fund Utilization Details:

Public Issue proceeds (₹2,172.10 million) fully utilized as follows:

  • Repayment of borrowings: ₹300.00 million
  • Working capital requirements: ₹1,119.56 million
  • General corporate purposes: ₹542.65 million
  • Issue expenses: ₹209.89 million