Board Meeting Details

The Meeting of the Board of Directors was held on Saturday, 14th November, 2026 at the Registered Office of the company in Jaipur, Rajasthan. The meeting commenced at 02:30 P.M. and concluded at 03:50 P.M.

Key Decisions Approved

The Board of Directors considered and approved the Unaudited Standalone Financial Results of the Company for the half year ended on 30th September, 2026, together with the Limited Review Report issued by the Statutory Auditors of the Company.

Trading Window Update

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's code of conduct, the "Trading Window" for trading in the shares of the Company will open from Tuesday, 17th November, 2026 for all Designated Persons and their relatives.

Financial Results Overview (All amounts in INR Lakhs)

Income Statement Highlights (Half Year Ended September 30, 2026)
  • Revenue from operations: ₹1,332.08 (vs. ₹1,389.68 in H1 FY26)
  • Total Income: ₹1,332.08 (vs. ₹1,389.69 in H1 FY26)
  • Profit before tax: ₹93.38 (vs. ₹136.59 in H1 FY26)
  • Tax expenses: ₹20.93 (Current tax: ₹23.54, Deferred tax: -₹1.56, Excess/short provision: -₹1.05)
  • Profit for the period: ₹72.45 (vs. ₹100.80 in H1 FY26)
  • Basic and Diluted EPS: ₹1.07 (vs. ₹1.49 in H1 FY26)
Balance Sheet Highlights (As at September 30, 2026)
  • Total Equity and Liabilities: ₹2,895.22
  • Shareholder's funds: ₹2,029.34 (Share capital: ₹1,039.00, Reserves and surplus: ₹990.34)
  • Non-current liabilities: ₹87.82
  • Current liabilities: ₹778.06
  • Total Assets: ₹2,895.22
  • Non-current assets: ₹45.66
  • Current assets: ₹2,849.55 (Inventories: ₹1,281.26, Trade receivables: ₹417.19, Cash and cash equivalents: ₹5.97, Other current assets: ₹1,145.13)
Cash Flow Statement Highlights (Half Year Ended September 30, 2026)
  • Net Cash flow from Operating Activities: -₹847.15
  • Net Cash used in Investing Activities: ₹2.98
  • Net Cash used in Financing Activities: ₹846.39
  • Net Increase in Cash & Cash Equivalents: ₹2.22
  • Cash & Cash Equivalents at End of period: ₹5.97

Significant Corporate Development - IPO Completion

The Company completed its Initial Public Offer on 30.09.2026 by way of 36,40,000 Equity Shares of face value of ₹10 each at an issue price of ₹29 (including premium of ₹19 per equity share) aggregating to ₹1,055.60 lakh. The equity shares were listed on the SME platform of BSE Limited on 5th October, 2026.

IPO Proceeds of ₹1,055.60 lakh were credited to Escrow Account on 1st October 2026. The company did not utilize any amount out of IPO proceeds before September 30, 2026.

IPO-Related Expenses

Till the half year ended September 30, 2026, the Company incurred IPO-related expenses amounting to ₹25.34 lakh. The Company had made a provision of ₹103.20 lakh towards IPO-related expenses. The total IPO expenses of ₹128.54 lakh have been adjusted against the Securities Premium Account.

Financial Statement Preparation Basis

The Unaudited Standalone Financial Results have been prepared in accordance with Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The results have been reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors, A.K.S. & Associates, have conducted a limited review and issued an unqualified report.

Additional Notes

The company operates in a single business segment (retail). Previous period figures have been regrouped/rearranged for comparability. The EPS has been calculated considering the weighted average number of equity shares outstanding during the reporting period.

The financial results are available on the Company's website: https://www.dudaniretail.com/