Financial Results Overview

Income Statement (INR Lakhs)

  • Revenue from operations: ₹1332.08 (H1 FY27) vs ₹1389.68 (H1 FY26) vs ₹2458.75 (Full Year FY26)
  • Other income: ₹0.00 (H1 FY27) vs ₹0.01 (H1 FY26)
  • Total Income: ₹1332.08 (H1 FY27) vs ₹1389.69 (H1 FY26)
  • Cost of material consumed: ₹504.42 (H1 FY27) vs ₹454.85 (H1 FY26)
  • Changes in inventories: -₹88.00 (H1 FY27) vs -₹33.45 (H1 FY26)
  • Employee benefit expenses: ₹107.76 (H1 FY27) vs ₹108.40 (H1 FY26)
  • Finance costs: ₹19.83 (H1 FY27) vs ₹14.77 (H1 FY26)
  • Depreciation and amortization: ₹3.22 (H1 FY27) vs ₹4.18 (H1 FY26)
  • Other expenses: ₹691.49 (H1 FY27) vs ₹704.37 (H1 FY26)
  • Total expenses: ₹1238.71 (H1 FY27) vs ₹1253.11 (H1 FY26)
  • Profit before tax: ₹93.38 (H1 FY27) vs ₹136.59 (H1 FY26) vs ₹251.38 (Full Year FY26)
  • Tax expenses:
  • Current tax: ₹23.54 (H1 FY27) vs ₹35.62 (H1 FY26)
  • Deferred tax: -₹1.56 (H1 FY27) vs -₹0.18 (H1 FY26)
  • Excess/short provision relating to earlier year tax: -₹1.05 (H1 FY27) vs ₹0.35 (H1 FY26)
  • Profit for the period: ₹72.45 (H1 FY27) vs ₹100.80 (H1 FY26)
  • Earnings per share (Basic & Diluted): ₹1.07 (H1 FY27) vs ₹1.49 (H1 FY26)

Balance Sheet Position (INR Lakhs)

  • Share capital: ₹1039.00 (Sep 2026) vs ₹675.00 (Sep 2025) vs ₹675.00 (Mar 2026)
  • Reserves and surplus: ₹990.34 (Sep 2026) vs ₹269.99 (Sep 2025) vs ₹354.83 (Mar 2026)
  • Long-term borrowings: ₹45.66 (Sep 2026) vs ₹0.00 (Sep 2025) vs ₹0.00 (Mar 2026)
  • Trade payables: ₹74.13 (Sep 2026) vs ₹39.21 (Sep 2025) vs ₹30.03 (Mar 2026)
  • Micro enterprises and small enterprises: ₹170.84 (Sep 2026) vs ₹154.63 (Sep 2025)
  • Others: ₹25.94 (Sep 2026) vs ₹37.44 (Sep 2025)
  • Inventories: ₹1281.26 (Sep 2026) vs ₹1097.29 (Sep 2025) vs ₹1210.03 (Mar 2026)
  • Trade receivables: ₹417.19 (Sep 2026) vs ₹407.25 (Sep 2025) vs ₹374.21 (Mar 2026)
  • Cash and cash equivalents: ₹5.97 (Sep 2026) vs ₹4.90 (Sep 2025) vs ₹3.76 (Mar 2026)
  • Other current assets: ₹1145.13 (Sep 2026) vs ₹60.32 (Sep 2025) vs ₹67.13 (Mar 2026)
  • Total assets: ₹2895.22 (Sep 2026) vs ₹1620.85 (Sep 2025) vs ₹1701.43 (Mar 2026)

Cash Flow Statement (INR Lakhs)

  • Net cash flow from operating activities: -₹847.15 (H1 FY27) vs ₹24.13 (H1 FY26)
  • Net cash used in investing activities: ₹2.98 (H1 FY27) vs -₹3.35 (H1 FY26)
  • Net cash used in financing activities: ₹846.39 (H1 FY27) vs -₹22.84 (H1 FY26)
  • Net increase in cash: ₹2.22 (H1 FY27) vs -₹2.06 (H1 FY26)

IPO Details and Capital Structure Impact

The company completed its Initial Public Offer on September 30, 2026, by issuing 36,40,000 equity shares of face value ₹10 each at an issue price of ₹29 (including premium of ₹19 per equity share), aggregating to ₹1055.60 lakhs. The equity shares were listed on the SME platform of BSE Limited on October 5, 2026.

IPO proceeds of ₹1055.60 lakhs were credited to an Escrow Account on October 1, 2026, and the company did not utilize any amount from IPO proceeds before September 30, 2026. This resulted in a significant increase in share capital from ₹675.00 lakhs to ₹1039.00 lakhs.

IPO-Related Expenses

The company incurred IPO-related expenses of ₹25.34 lakhs during the half year ended September 30, 2026. The company had made a provision of ₹103.20 lakhs towards IPO-related expenses. The total IPO expenses of ₹128.54 lakhs (as disclosed in the Prospectus) have been adjusted against the Securities Premium Account.

Additional Notes

  • The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2026.
  • The results have been subjected to a limited review by the statutory auditors, A.K.S. & Associates (FRN: 318100E), who issued an unqualified review report.
  • The financial results are prepared in accordance with Accounting Standards prescribed under Section 133 of the Companies Act, 2013.
  • The company operates in a single business segment (retail), hence no segment information is disclosed.
  • Previous period figures have been regrouped/rearranged for comparability.
  • Earnings per share 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/