Board Meeting Details

The Board of Directors meeting was held on August 12, 2026, through Video Conferencing/Any Other Audio Visual Means. The meeting commenced at 5:30 PM and concluded at 6:35 PM.

Key Financial Figures - Standalone (₹ in Lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Net Sales/Income from Operations: ₹5,741.25
  • Other Operating Income: ₹50.42
  • Total Income: ₹5,791.67
  • Total Expenses: ₹5,726.12
  • Profit from Operations before Exceptional Items: ₹64.95
  • Net Profit from Ordinary Activities before Tax: ₹64.95
  • Tax Expenses: ₹18.07
  • Net Profit from Continuing Operations: ₹46.88
  • Total Comprehensive Income: ₹46.88
  • Basic & Diluted EPS: ₹0.01
  • Equity Capital: ₹3,249.26

Comparative Figures:

  • Q1 FY26 (Unaudited): Net Profit ₹101.93 lakhs, EPS ₹0.03
  • Q4 FY26 (Audited): Net Profit ₹18.46 lakhs, EPS ₹0.01
  • FY26 (Audited): Net Profit ₹288.90 lakhs, EPS ₹0.09

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Net Sales/Income from Operations: ₹10,442.14
  • Other Operating Income: ₹50.42
  • Total Income: ₹10,492.55
  • Total Expenses: ₹10,164.35
  • Profit from Operations before Exceptional Items: ₹328.20
  • Net Profit from Ordinary Activities before Tax: ₹328.20
  • Tax Expenses: ₹111.44
  • Net Profit from Continuing Operations: ₹216.76
  • Total Comprehensive Income: ₹216.76
  • Basic & Diluted EPS: ₹0.07
  • Equity Capital: ₹3,249.26

Comparative Figures:

  • Q1 FY26 (Unaudited): Net Profit ₹313.14 lakhs, EPS ₹0.10
  • Q4 FY26 (Audited): Net Profit ₹184.80 lakhs, EPS ₹0.06
  • FY26 (Audited): Net Profit ₹1,098.46 lakhs, EPS ₹0.34

Segment Performance - Consolidated (Q1 FY27)

  • Industrial EPC: Revenue ₹10,398.54 lakhs, Net Profit before tax/interest ₹507.41 lakhs
  • Security Solution & AI: Revenue ₹94.02 lakhs, Net Profit before tax/interest ₹4.66 lakhs
  • Aerospace Business: Revenue ₹- lakhs, Net Profit before tax/interest ₹- lakhs
  • Green Energy Business: Revenue ₹- lakhs, Net Profit before tax/interest ₹- lakhs

Subsidiary Information

The consolidated results include Ducon Combustion Equipment Inc. (Subsidiary Company) located outside India, which contributed:

  • Total Revenue: ₹4,700.88 Lakhs
  • Total Net Profit after Tax: ₹169.88 Lakhs

The subsidiary's results were prepared in accordance with International Financial Reporting Standards and converted to Indian accounting principles by management.

Auditor's Emphasis of Matter

The company has made investments in equity shares of a private limited company aggregating to ₹500.00 lakhs as on June 30, 2026, reported under Investments in Non-Current Assets.

As per Indian Accounting Standard 109, these investments should be measured at fair value. However, management has decided to value them at cost due to their long-term business synergy and potential. The auditor's conclusion is not modified regarding this matter.

Accounting Policies

The company has adopted Indian Accounting Standards (Ind AS) from April 1, 2017, with transition date of April 1, 2016. Financial results prepared in accordance with Ind AS as prescribed under Section 133 of Companies Act, 2013.