Board Meeting Outcomes
The Board of Directors meeting was held on Thursday, November 05, 2026, commencing at 03:55 PM and concluding at 04:10 PM. The Board:
- Reviewed and discussed the Internal Audit Report for the half year ended September 30, 2026, along with Management Response and Audit Committee observations
- Considered, approved, and took on record the unaudited half yearly financial results for the period ended September 30, 2026, along with the Limited Review Report
Financial Results Summary (Standalone)
Period: Half Year Ended September 30, 2026 (Unaudited)
Currency: Indian Rupees in Lakh except EPS
Income Statement Highlights
Total Income from Operations: ₹620.60 lakh (H1 FY27) vs ₹480.38 lakh (H2 FY26) and ₹687.95 lakh (H1 FY26)
- Net Sales/Income from Operations: ₹618.00 lakh
- Other Operating Income: ₹2.60 lakh
Expenditure: ₹574.33 lakh, comprising:
- Cost of Materials Consumed: ₹243.74 lakh
- Employee Benefits Expenses: ₹254.59 lakh
- Depreciation and Amortization: ₹13.89 lakh
- Finance Costs: ₹4.99 lakh
- Other Expenses: ₹244.64 lakh
- Changes in Inventories: (₹187.52) lakh
Profit/(Loss) from Operations before Other Income: ₹46.27 lakh
Other Income: ₹8.57 lakh
Profit before Tax: ₹54.84 lakh
Tax Expense: ₹11.73 lakh
Net Profit for Period: ₹43.11 lakh
Earnings Per Share (EPS):
- Basic EPS: ₹0.79
- Diluted EPS: ₹0.79
Comparative Performance
| Period | Net Profit/(Loss) | EPS (₹) |
| H1 FY27 (Unaudited) | ₹43.11 lakh | 0.79 |
| H2 FY26 (Unaudited) | (₹75.13) lakh | (1.37) |
| H1 FY26 (Unaudited) | ₹32.07 lakh | 0.58 |
| FY26 (Audited) | (₹43.06) lakh | (0.78) |
| FY25 (Audited) | ₹757.48 lakh | 21.90 |
Balance Sheet Position (as at September 30, 2026)
Total Equity and Liabilities: ₹2,996.62 lakh
- Shareholder's Funds: ₹2,543.29 lakh
- Share Capital: ₹548.80 lakh (Face Value ₹10 per share)
- Reserves and Surplus: ₹1,994.49 lakh
- Non-Current Liabilities: ₹123.64 lakh
- Current Liabilities: ₹329.69 lakh
Total Assets: ₹2,996.62 lakh
- Non-Current Assets: ₹1,765.72 lakh
- Property, Plant and Equipment: ₹374.09 lakh
- Non-current Investments: ₹1,120.43 lakh
- Other Non-Current Assets: ₹266.58 lakh
- Current Assets: ₹1,230.90 lakh
- Inventories: ₹244.95 lakh
- Trade Receivables: ₹332.35 lakh
- Cash and Cash Equivalents: ₹389.47 lakh
- Short-term Loans and Advances: ₹114.23 lakh
- Other Current Assets: ₹149.89 lakh
Cash Flow Statement (H1 FY27)
Net Cash from Operating Activities: (₹35.60) lakh
Net Cash from Investing Activities: (₹235.14) lakh
- Investment in Fixed Assets: (₹64.88) lakh
- Investment in Term Deposits: (₹301.99) lakh
- Maturity of Term Deposits: ₹123.16 lakh
Net Cash from Financing Activities: ₹15.35 lakh
- Receipts from Long Term Borrowings: ₹13.33 lakh
- Receipts from Short Term Borrowings: ₹15.28 lakh
- Repayment of Long Term Borrowings: (₹8.27) lakh
- Interest Paid: (₹4.99) lakh
Net Decrease in Cash: (₹255.40) lakh
Cash at Beginning: ₹644.87 lakh
Cash at End: ₹389.47 lakh
Significant Accounting Policies and Notes
1. Segment Reporting: Not applicable as company operates in only one segment (heavy electro-mechanical repairs)
2. Accounting Standards: Company follows Indian GAAP as it is exempted from IND-AS applicability being listed on BSE SME platform
3. Employee Benefits: Actuarial valuation for gratuity and leave encashment will be carried out at year-end
4. Previous Period Figures: Have been regrouped and reclassified for comparability
5. Taxation: Income tax provisions made based on extant provisions of Income Tax Act, 2025
Auditor's Limited Review Report
R.S. Prabhu & Associates, Chartered Accountants (Firm Regn. No.: 127010W) issued a limited review report stating:
- Review conducted in accordance with Standard on Review Engagements (SRE) 2410
- Nothing has come to their attention that causes them to believe the financial information contains any material misstatement
- Financial results prepared in accordance with Accounting Standard 25 "Interim Financial Reporting" and SEBI regulations
- Signed by CA Vishwanathan Subramanian (ICAI Mem No. 129062) on November 05, 2026