Approval Process

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 11, 2026. The Board Meeting commenced at 12:30 PM and concluded at 2:07 PM.

Auditor Review

The results were reviewed by Vijay Jindal & Associates, Chartered Accountants, who issued limited review reports for both consolidated and standalone financial results.

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

Income Statement:

  • Revenue from operations: ₹9,246.25 lakhs
  • Other income: ₹3.20 lakhs
  • Total revenue: ₹9,249.44 lakhs
  • Profit before tax: ₹918.66 lakhs
  • Tax expense: ₹294.33 lakhs (Current tax: ₹306.45 lakhs, Deferred tax: ₹(12.11) lakhs)
  • Net profit: ₹624.33 lakhs
  • Basic and diluted EPS: ₹3.05 (annualized)
  • Paid-up equity capital: ₹2,049.96 lakhs (Face value ₹10 each)

Balance Sheet (Consolidated):

  • Total equity and liabilities: ₹18,677.67 lakhs
  • Total assets: ₹18,677.67 lakhs
  • Shareholder's funds: ₹10,079.79 lakhs
  • Non-current liabilities: ₹1,782.92 lakhs
  • Current liabilities: ₹6,919.75 lakhs
  • Property, plant & equipment: ₹6,985.56 lakhs
  • Inventories: ₹2,620.16 lakhs
  • Trade receivables: ₹6,285.93 lakhs
  • Cash and cash equivalents: ₹126.66 lakhs

Cash Flow Statement (Consolidated):

  • Net cash from operating activities: ₹(588.36) lakhs
  • Net cash used in investing activities: ₹(362.73) lakhs
  • Net cash from financing activities: ₹1,032.66 lakhs
  • Net increase in cash: ₹81.58 lakhs

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

Income Statement:

  • Revenue from operations: ₹8,089.95 lakhs
  • Other income: ₹13.47 lakhs
  • Total revenue: ₹8,103.42 lakhs
  • Profit before tax: ₹1,201.58 lakhs
  • Tax expense: ₹300.93 lakhs (Current tax: ₹306.45 lakhs, Deferred tax: ₹(5.52) lakhs)
  • Net profit: ₹900.65 lakhs
  • Basic and diluted EPS: ₹4.39 (annualized)
  • Paid-up equity capital: ₹2,049.96 lakhs (Face value ₹10 each)

Balance Sheet (Standalone):

  • Total equity and liabilities: ₹17,513.14 lakhs
  • Total assets: ₹17,513.14 lakhs
  • Shareholder's funds: ₹10,080.72 lakhs
  • Non-current liabilities: ₹2,547.10 lakhs
  • Current liabilities: ₹4,885.32 lakhs
  • Property, plant & equipment: ₹4,800.68 lakhs
  • Inventories: ₹2,049.24 lakhs
  • Trade receivables: ₹5,087.02 lakhs
  • Cash and cash equivalents: ₹103.66 lakhs

Cash Flow Statement (Standalone):

  • Net cash from operating activities: ₹(560.91) lakhs
  • Net cash used in investing activities: ₹(239.48) lakhs
  • Net cash from financing activities: ₹881.47 lakhs
  • Net increase in cash: ₹81.08 lakhs

Subsidiary Information

The consolidated results include Emmforce Mobility Solutions Private Limited, which contributed:

  • Total revenue: ₹1,452.82 lakhs
  • Total net loss after tax: ₹281.81 lakhs
  • Net cash inflow: ₹0.49 lakhs

Accounting Policies and Notes

  • Financial results prepared in accordance with Accounting Standard 25 "Interim Financial Reporting"
  • Company exempted from IND-AS as it is listed on SME platform
  • Single business segment (auto parts manufacturing)
  • Previous year figures regrouped/rearranged where necessary