Board Meeting Details
The Board of Directors meeting was held on November 13, 2026, commencing at 2:30 PM and concluding at 5:25 PM.
Key Board Decisions
1. Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter and six months ended September 30, 2026 as recommended by the Audit Committee
2. Based on Nomination and Remuneration Committee recommendation, appointed Mr. Sanjiv Kapur (DIN: 07576794) as Wholetime Director for a further period of three years commencing from November 1, 2026, subject to member approval by Postal Ballot
Management Appointment Details
- Mr. Sanjiv Kapur will continue to work as Chief Financial Officer and Key Managerial Personnel
- He is a Chartered Accountant with over 42 years of experience in financial leadership across manufacturing industries
- Not related to any existing director
- Not debarred from holding director office by any SEBI order
Standalone Financial Results (₹ in lakhs)
Quarterly Performance (Q2 FY27 vs Q2 FY26)
- Revenue from operations: ₹25,498 (vs ₹23,235)
- Total income: ₹25,815 (vs ₹23,479)
- Profit before tax: ₹2,703 (vs ₹883)
- Profit after tax: ₹1,762 (vs ₹363)
- EPS: ₹1.57 (vs ₹0.32)
Half-Yearly Performance (H1 FY27 vs H1 FY26)
- Revenue from operations: ₹45,772 (vs ₹46,933)
- Total income: ₹46,518 (vs ₹47,635)
- Profit before tax: ₹5,615 (vs ₹4,531)
- Profit after tax: ₹3,955 (vs ₹2,972)
- EPS: ₹3.52 (vs ₹2.65)
Standalone Balance Sheet (as of September 30, 2026)
- Total assets: ₹1,12,244 lakhs (vs ₹1,04,607 lakhs as of March 31, 2026)
- Equity share capital: ₹2,244 lakhs
- Other equity: ₹83,310 lakhs (vs ₹80,120 lakhs)
- Total borrowings: ₹12,436 lakhs (current ₹10,225 + non-current ₹2,211)
Standalone Cash Flows (H1 FY27)
- Net cash from operating activities: ₹3,854 lakhs
- Net cash used in investing activities: ₹(7,005) lakhs
- Net cash from financing activities: ₹1,177 lakhs
- Net decrease in cash: ₹(1,974) lakhs
Consolidated Financial Results (₹ in lakhs)
Quarterly Performance (Q2 FY27 vs Q2 FY26)
- Revenue from operations: ₹39,883 (vs ₹36,038)
- Total income: ₹39,918 (vs ₹36,505)
- Profit before tax: ₹3,412 (vs ₹2,092)
- Profit after tax: ₹1,996 (vs ₹1,366)
- EPS: ₹1.80 (vs ₹1.22)
Half-Yearly Performance (H1 FY27 vs H1 FY26)
- Revenue from operations: ₹74,514 (vs ₹74,726)
- Total income: ₹75,564 (vs ₹75,802)
- Profit before tax: ₹7,266 (vs ₹8,635)
- Profit after tax: ₹5,012 (vs ₹6,524)
- EPS: ₹4.48 (vs ₹5.82)
Consolidated Balance Sheet (as of September 30, 2026)
- Total assets: ₹2,03,716 lakhs (vs ₹1,89,393 lakhs as of March 31, 2026)
- Equity share capital: ₹2,244 lakhs
- Other equity: ₹1,42,989 lakhs (vs ₹1,37,747 lakhs)
- Total borrowings: ₹24,143 lakhs (current ₹13,956 + non-current ₹10,187)
Consolidated Cash Flows (H1 FY27)
- Net cash from operating activities: ₹5,233 lakhs
- Net cash used in investing activities: ₹(4,984) lakhs
- Net cash from financing activities: ₹2,252 lakhs
- Effect of exchange rate changes: ₹(183) lakhs
- Net increase in cash: ₹2,318 lakhs
Segment Information
Revenue by Geography (Q2 FY27)
- India: ₹25,498 lakhs
- UAE (Dubai): ₹2,906 lakhs
- USA and Hungary: ₹11,181 lakhs
- Others: ₹689 lakhs
Segment Results (Q2 FY27)
- India: ₹2,767 lakhs profit
- UAE (Dubai): ₹(580) lakhs loss
- USA and Hungary: ₹2,078 lakhs profit
- Others: ₹(273) lakhs loss
Exceptional Items
For year ended March 31, 2026:
- ₹11.29 lakhs penalty imposed by Office of the Development Commissioner, Kandla Special Economic Zone for non-fulfillment of cumulative positive Net Foreign Exchange obligation for FY2020-21 to 2024-25
- ₹15.90 lakhs incremental impact from implementation of four Labour Codes notified by Government of India on November 21, 2025
Subsidiaries Included in Consolidation
1. EKC International FZE
2. Next Gen Cylinder Private Limited
3. Calcutta Compressions & Liquefaction Engineering Limited
4. CP Industries Holdings, Inc.
5. EKC for Pressure Vessels manufacturing (EKC Egypt) S.A.E
6. EKC Hungary Kft.
7. EKC Europe GmbH
8. EKC General Trading FZE
9. EKC Europe Gyarto Zrt (up to April 28, 2026)
Auditor Review
- Suresh Surana & Associates LLP conducted limited review of both standalone and consolidated financial results
- Issued unmodified review opinion for both sets of results
- 5 subsidiaries reviewed by other auditors, 3 subsidiaries not reviewed but considered not material to the Group