Financial Results Summary

Quarterly Performance (Q2 FY2026 vs Q2 FY2025)

  • Net Sales/Income from Operations: ₹795.08 lakhs (vs ₹864.06 lakhs in Q2 FY2025)
  • Other Income: ₹95.25 lakhs (vs ₹64.66 lakhs in Q2 FY2025)
  • Total Income: ₹890.33 lakhs (vs ₹928.72 lakhs in Q2 FY2025)
  • Net Profit After Tax: ₹4.39 lakhs (vs ₹3.33 lakhs in Q2 FY2025)
  • Basic EPS: ₹0.11 (vs ₹0.09 in Q2 FY2025)

Half-Yearly Performance (H1 FY2026 vs H1 FY2025)

  • Net Sales/Income from Operations: ₹1,485.81 lakhs (vs ₹1,403.10 lakhs in H1 FY2025)
  • Other Income: ₹105.08 lakhs (vs ₹120.86 lakhs in H1 FY2025)
  • Total Income: ₹1,590.89 lakhs (vs ₹1,523.96 lakhs in H1 FY2025)
  • Net Profit After Tax: ₹5.66 lakhs (vs ₹8.55 lakhs in H1 FY2025)
  • Basic EPS: ₹0.14 (vs ₹0.22 in H1 FY2025)

Key Financial Metrics

Expenses Breakdown (Q2 FY2026)

  • Cost of materials consumed: ₹425.40 lakhs
  • Changes in inventories: ₹-17.10 lakhs
  • Employee benefit expenses: ₹132.78 lakhs
  • Finance cost: ₹28.17 lakhs
  • Depreciation: ₹9.37 lakhs
  • Other expenditure: ₹304.62 lakhs
  • Total expenses: ₹883.24 lakhs

Tax Expenses (Q2 FY2026)

  • Current tax: ₹1.79 lakhs
  • Deferred tax: ₹0.91 lakhs
  • Total tax: ₹2.70 lakhs

Capital Structure

  • Paid-up equity share capital: ₹390.98 lakhs (face value ₹10 per share)
  • Reserves: ₹1,072.01 lakhs

Balance Sheet Position (as of September 30, 2026)

Assets

  • Total Assets: ₹4,091.27 lakhs
  • Non-current assets: ₹1,590.84 lakhs (including Property, plant and equipment: ₹1,432.61 lakhs)
  • Current assets: ₹2,500.43 lakhs (including Inventories: ₹1,463.07 lakhs, Trade receivables: ₹572.95 lakhs)

Liabilities and Equity

  • Total Equity: ₹1,468.66 lakhs
  • Non-current liabilities: ₹232.74 lakhs
  • Current liabilities: ₹2,389.87 lakhs (including Borrowings: ₹1,211.72 lakhs, Trade payables: ₹768.96 lakhs)

Cash Flow Statement (H1 FY2026)

  • Cash from operating activities: ₹80.19 lakhs
  • Cash used in investing activities: ₹-13.29 lakhs
  • Cash used in financing activities: ₹-29.43 lakhs
  • Net increase in cash: ₹37.47 lakhs
  • Closing cash equivalents: ₹166.97 lakhs

Exceptional Items

The company recognized an incremental impact of ₹5.62 lakhs in employee benefits expense due to implementation of new labor codes, presented as exceptional item.

Additional Notes

  • Company operates in single segment (leather garments and goods)
  • Adopted Ind AS-116 with no material impact
  • Previous period figures regrouped for comparability