Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half-Year ended September 30, 2026 (Q2 & H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Unmodified conclusion by statutory auditors K C Mehta & Co LLP

Key Financial Highlights [in Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹5,679.72 (₹56.80 crore)
  • Other Income: ₹189.06
  • Total Income: ₹5,868.78
  • Net Profit for the period after tax: ₹783.24 (₹7.83 crore)
  • EPS (Basic): ₹13.58
  • EPS (Diluted): ₹13.58

Comparison with Previous Periods:

  • Revenue from Operations QoQ: ₹5,679.72 vs ₹7,752.31 (Q1 FY27)
  • Revenue from Operations YoY: ₹5,679.72 vs ₹3,323.64 (Q2 FY26) - 70.9% increase
  • Net Profit YoY: ₹783.24 vs ₹535.12 (Q2 FY26) - 46.5% increase

Half-Year Ended September 30, 2026:

  • Revenue from Operations: ₹13,432.03
  • Total Income: ₹14,397.03
  • Net Profit for the period after tax: ₹2,321.09
  • EPS (Basic): ₹40.24
  • EPS (Diluted): ₹40.24

Financial Position as at September 30, 2026:

  • Paid-up Equity Share Capital: ₹576.84 (Face Value ₹10 per share)
  • Other Equity: ₹48,264.22
  • Cash and Cash Equivalents: ₹129.10
  • Total Borrowings: ₹574.91 (Current) + ₹106.44 (Non-current lease liabilities) = ₹681.35
  • Total Assets: ₹56,061.09
  • Total Equity: ₹48,841.06

Segment-wise Performance:

The Company has only one reportable business segment: Machinery and Spares

Corporate Actions:

Not Specified

Other Significant Information:

Management Commentary (Executive Director Kamlesh N. Shah):

  • Q2 FY27 revenue increased 70.9% YoY to ₹57 crore from ₹33 crore
  • EBITDA increased 108.8% YoY to ₹11 crore with EBITDA margin of 18.8%
  • PAT stood at ₹8 crore, registering 46.5% YoY increase
  • Healthy open order pipeline of ₹133 crore
  • Margins in line with targeted range of 18-20%
  • Performance driven by robust execution of order book, healthy order inflows, and sustained demand
  • Focus on operational excellence and investment in capabilities
  • Optimistic about demand environment supported by infrastructure development and increased mining activity

Entities in Consolidation: The Company has no Subsidiary, Associate or Joint Venture Company(ies) as on September 30, 2026.