Board Meeting Details

The Board of Directors meeting was held on 14th November 2026, commencing at 6:30 PM and concluding at 7:20 PM. The Board inter alia considered and approved the Un-Audited Financial Results for Q2 FY27 along with the Limited Review Report issued by the Auditor.

Key Financial Figures (Quarter Ended September 30, 2026)

All figures are in INR Lakhs unless otherwise stated.

Income:

  • Revenue from operations: ₹4,634.81
  • Other income: ₹0.24
  • Total Income: ₹4,635.05

Expenses:

  • Cost of Materials Consumed: ₹4,162.46
  • Changes in inventories: ₹19.06
  • Employee benefit expense: ₹24.78
  • Finance costs: ₹75.63
  • Depreciation and amortization expense: ₹58.13
  • Other expenses: ₹133.15
  • Total expenses: ₹4,473.22

Profitability:

  • Profit before exceptional items and tax: ₹161.84
  • Exceptional Items: Nil
  • Profit before tax: ₹161.84

Tax Expense:

  • Current Tax: ₹40.73
  • Deferred Tax: ₹44.61
  • Short/ (Excess) provision of earlier years: (₹3.88)
  • Total Tax: ₹81.46

Net Profit:

  • Profit for the period: ₹121.11

Earnings Per Share (Face value of ₹1/- each):

  • Basic EPS: ₹0.05
  • Diluted EPS: ₹0.05

Key Financial Figures (Half Year Ended September 30, 2026)

Income:

  • Revenue from operations: ₹7,651.33
  • Other income: ₹0.48
  • Total Income: ₹7,651.81

Expenses:

  • Cost of Materials Consumed: ₹7,141.19
  • Changes in inventories: (₹314.60)
  • Employee benefit expense: ₹43.88
  • Finance costs: ₹140.23
  • Depreciation and amortization expense: ₹108.15
  • Other expenses: ₹251.84
  • Total expenses: ₹7,370.68

Profitability:

  • Profit before exceptional items and tax: ₹281.13
  • Exceptional Items: Nil
  • Profit before tax: ₹281.13

Tax Expense:

  • Current Tax: ₹70.76
  • Deferred Tax: ₹79.01
  • Short/ (Excess) provision of earlier years: (₹8.25)
  • Total Tax: ₹141.52

Net Profit:

  • Profit for the period: ₹210.38

Earnings Per Share (Face value of ₹1/- each):

  • Basic EPS: ₹0.09
  • Diluted EPS: ₹0.09

Comparative Figures (Quarter Ended September 30, 2025)

  • Revenue from operations: ₹4,573.28
  • Profit before tax: ₹156.51
  • Profit for the period: ₹117.98
  • Basic EPS: ₹0.05

Balance Sheet Highlights as at September 30, 2026 (INR Lakhs)

Assets:

  • Total Non-current assets: ₹2,472.88
  • Total Current assets: ₹9,834.82
  • Total Assets: ₹12,307.69

Breakdown of Current Assets:

  • Inventories: ₹5,177.59
  • Trade receivables: ₹3,522.41
  • Cash and cash equivalents: ₹45.34
  • Loans: ₹90.00
  • Other financial assets: ₹997.37

Equity and Liabilities:

  • Equity share capital: ₹2,384.31
  • Other equity: ₹4,529.22
  • Total Equity: ₹6,913.53

Liabilities:

  • Non-current borrowings: ₹735.45
  • Current borrowings: ₹3,908.08
  • Trade payables: ₹209.32 (₹112.48 due to micro, small and medium enterprises; ₹96.84 others)
  • Other financial liabilities: ₹453.79
  • Current tax liabilities (Net): ₹73.38
  • Total Liabilities: ₹5,394.16

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

  • Net Cash generated from/(used in) operating activities: (₹377.59)
  • Net Cash generated from/(used in) Investing Activities: (₹157.93)
  • Net Cash Flow from/(used in) Financing Activities: ₹573.80
  • Net change in cash and cash equivalents: ₹38.27
  • Cash and cash equivalents at the end: ₹45.34

Notes to Financial Results

1. The unaudited financial results are prepared in accordance with Indian Accounting Standards (Ind AS) 34 and Regulation 33 of SEBI LODR Regulations, 2015.

2. The company operates in a single segment.

3. The financial results for the quarter ended September 30, 2026 are the balancing figures between unaudited figures for the 6 months ended September 30, 2026 and the published figures for the three months ended June 30, 2026.

4. Previous period's figures have been reclassified wherever necessary.

5. All figures have been rounded off to two decimal points.

Auditor's Review

P. Suryanarayana & Co., Chartered Accountants, issued an unmodified review report. Based on their review, nothing has come to their attention that causes them to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in Ind AS and other accounting principles generally accepted in India.