Board Meeting Details

The Board of Directors meeting was held on 11th November, 2026, commencing at 10:30 AM and concluding at 11:55 AM. The Board approved the unaudited financial results along with the Limited Review Report issued by the Statutory Auditors for the quarter and half year ended 30th September, 2026.

Financial Performance (Quarter Ended 30th September, 2026)

  • Revenue from Operations: ₹2,154.99 lakh
  • Sale of Products (Exports & DTA sales): ₹1,221.26 lakh
  • Sale of Traded Goods (Exports): ₹933.73 lakh
  • Total Expenses: ₹2,308.74 lakh
  • Cost of materials consumed: ₹153.74 lakh
  • Purchases of Stock-in-Trade: ₹797.60 lakh
  • Changes in inventories: ₹191.35 lakh
  • Employee benefits expenses: ₹115.15 lakh
  • Finance costs: ₹206.35 lakh
  • Depreciation and amortization: ₹2194.42 lakh
  • Other expenses: ₹114.32 lakh
  • Other Income: ₹919.61 lakh
  • Profit/(Loss) before exceptional items and tax: (₹41.56) lakh
  • Exceptional Items: ₹5.91 lakh
  • Profit/(Loss) after exceptional items and before tax: ₹18.95 lakh
  • Tax Expense: ₹11.89 lakh
  • Current tax: ₹0.00
  • MAT Credit entitlement: ₹0.00
  • Tax expenses relating to earlier years: ₹0.00
  • Deferred tax: (₹6.52) lakh
  • Profit/(Loss) for the period: ₹7.06 lakh
  • Earnings per equity share (Basic): ₹0.07
  • Earnings per equity share (Diluted): ₹0.07

Financial Performance (Half Year Ended 30th September, 2026)

  • Revenue from Operations: ₹4,442.58 lakh
  • Profit/(Loss) after exceptional items and before tax: ₹19.49 lakh
  • Tax Expense: (₹8.64) lakh
  • Current tax: ₹3.00
  • MAT Credit entitlement: ₹0.00
  • Tax expenses relating to earlier years: ₹0.00
  • Deferred tax: (₹11.64) lakh
  • Profit/(Loss) for the period: ₹28.13 lakh
  • Earnings per equity share (Basic): ₹0.27
  • Earnings per eduity share (Diluted): ₹0.27

Comparative Financials

Quarter Ended 30th June, 2026:

  • Profit/(Loss) for the period: ₹21.07 lakh
  • EPS (Basic): ₹0.21

Quarter Ended 30th September, 2025:

  • Profit/(Loss) for the period: (₹8.34) lakh
  • EPS (Basic): (₹0.08)

Half Year Ended 30th September, 2025:

  • Profit/(Loss) for the period: ₹86.17 lakh
  • EPS (Basic): ₹0.84

Capital Structure

  • Paid-up Equity Share Capital: ₹1,026.89 lakh (Face Value ₹10 per share)
  • Reserves: ₹11,324.52 lakh (as at 30th September, 2026)
  • Net Worth: ₹12,351.41 lakh

Financial Ratios

  • Debt Equity Ratio: 0.032 (30th September, 2026)
  • Debt Service Coverage Ratio (DSCR): 0.22 (Half Year Ended 30th September, 2026)
  • Interest Service Coverage Ratio (ISCR): 22.94 (Half Year Ended 30th September, 2026)

Assets and Liabilities (as at 30th September, 2026)

  • Total Assets: ₹21,159.95 lakh
  • Non-current assets: ₹9,337.75 lakh
  • Property, Plant and Equipment: ₹9,248.12 lakh
  • Other Financial Assets: ₹33.34 lakh
  • Long Term Loans and Advances: ₹56.29 lakh
  • Current assets: ₹11,822.20 lakh
  • Inventories: ₹515.14 lakh
  • Trade receivables: ₹11,152.13 lakh
  • Cash and cash equivalents: ₹33.61 lakh
  • Bank balances other than cash equivalents: ₹41.56 lakh
  • Other current assets: ₹79.76 lakh
  • Total Equity and Liabilities: ₹21,159.95 lakh
  • Equity: ₹19,716.48 lakh
  • Equity Share capital: ₹1,026.89 lakh
  • Other Equity: ₹18,689.59 lakh
  • Non-current liabilities: ₹254.30 lakh
  • Deferred tax liabilities (Net): ₹191.70 lakh
  • Provisions: ₹62.60 lakh
  • Current liabilities: ₹1,189.17 lakh
  • Borrowings: ₹296.70 lakh
  • Trade payables: ₹418.03 lakh
  • Micro enterprises and small enterprises: ₹174.14 lakh
  • Other creditors: ₹243.89 lakh
  • Other current liabilities: ₹422.52 lakh
  • Provisions: ₹51.92 lakh

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

  • Net cash from operating activities: (₹102.90 lakh)
  • Net cash from investing activities: ₹2.79 lakh
  • Net cash from financing activities: ₹101.75 lakh
  • Net increase in cash and cash equivalents: ₹1.65 lakh
  • Cash and cash equivalents at beginning: ₹32.24 lakh
  • Cash and cash equivalents at end: ₹33.89 lakh

Business Segment Information

The Company is engaged in single business segment "Process & export of polished granite & Quartz slabs". Hence disclosure of operating segments as per IND-AS 108 is not required.

Auditor's Review

The Standalone Financial Results have been subjected to Limited Review by the Statutory Auditors, Pavuluri & Co., who concluded that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Additional Notes

  • Other income includes interest, export incentives, exchange variation and miscellaneous income
  • Provision for Deferred Taxation has been made as per IND-AS 12
  • Figures of previous periods have been regrouped wherever necessary