Board Meeting Details

The Board of Directors meeting was held on Tuesday, November 03, 2026, commencing at 12:00 noon (IST) and concluding at 12:20 p.m. (IST).

Business Transacted

1. Considered and approved the Standalone Un-Audited Financial Results of the Company for the half year ended September 30, 2026 along with the Statement of Assets & Liabilities and Cash Flow Statement as prescribed under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. Considered and approved the Limited Review Report on Standalone Un-Audited Financial Results of the Company for the half year ended September 30, 2026.

Financial Results Summary (Half Year Ended September 30, 2026)

Income Statement Highlights (Amounts in ₹ Lacs)

  • Revenue from operations: ₹5,004.33 (vs. ₹4,742.52 in H1 FY26)
  • Other Income: ₹3.04 (vs. ₹30.04 in H1 FY26)
  • Total Income: ₹5,007.37 (vs. ₹4,772.56 in H1 FY26)
  • Purchase of Traded Goods: ₹3,783.52 (vs. ₹4,444.85 in H1 FY26)
  • Employee Benefits Expense: ₹404.98 (vs. ₹378.51 in H1 FY26)
  • Finance costs: ₹4.83 (vs. ₹8.92 in H1 FY26)
  • Depreciation and Amortisation expense: ₹11.22 (vs. ₹11.55 in H1 FY26)
  • Other Expense: ₹188.38 (vs. ₹162.45 in H1 FY26)
  • Total Expenses: ₹4,821.97 (vs. ₹4,460.84 in H1 FY26)
  • Exceptional Items: ₹69.38 (inventory loss due to fire incident)
  • Profit before tax: ₹116.02 (vs. ₹311.72 in H1 FY26)
  • Tax expenses:
  • Current Tax: ₹35.89 (vs. ₹110.46 in H1 FY26)
  • Deferred Tax: ₹-9.04 (vs. ₹-8.91 in H1 FY26)
  • Profit for the period: ₹89.17 (vs. ₹210.17 in H1 FY26)

Earnings Per Share (EPS)

  • Basic EPS: ₹0.81 (vs. ₹1.92 in H1 FY26)
  • Diluted EPS: ₹0.81 (vs. ₹1.92 in H1 FY26)

Balance Sheet Position (as at September 30, 2026)

  • Paid-up equity share capital: ₹1,096.40 lacs (unchanged)
  • Reserves and surplus: ₹1,563.68 lacs (vs. ₹1,474.51 lacs as at March 31, 2026)
  • Total Equity: ₹2,660.08 lacs (vs. ₹2,570.91 lacs as at March 31, 2026)
  • Total Assets: ₹4,043.09 lacs (vs. ₹4,146.62 lacs as at March 31, 2026)
  • Inventories: ₹1,884.03 lacs (vs. ₹2,313.07 lacs as at March 31, 2026)
  • Trade receivables: ₹1,194.44 lacs (vs. ₹1,079.55 lacs as at March 31, 2026)
  • Cash and cash equivalents: ₹313.00 lacs (vs. ₹157.38 lacs as at March 31, 2026)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹224.46 lacs (vs. ₹-276.94 lacs in H1 FY26)
  • Net cash flow from investing activities: ₹-5.17 lacs (vs. ₹189.15 lacs in H1 FY26)
  • Net cash flow from financing activities: ₹-63.68 lacs (vs. ₹178.61 lacs in H1 FY26)
  • Net increase in cash and cash equivalents: ₹155.61 lacs (vs. ₹90.82 lacs in H1 FY26)

Exceptional Item - Fire Incident

During the half year ended September 2026, a fire incident occurred at one of the Company's godowns situated at MIDC, Pune, resulting in damage to/destruction of inventory. The estimated carrying value of the inventory lost is ₹69.38 lakhs, which has been shown as an exceptional item.

The Company lodged an insurance claim with the insurance company for this loss. The insurance claim was accepted by the insurance company in October 2026 amounting to ₹65.41 lakhs. Since the claim was accepted subsequent to the reporting date (after September 2026), the Company has not recognized any income or receivable in respect of the insurance claim in the accompanying unaudited standalone financial results for the half year ended September 30, 2026.

Dividend Information

The Company paid a final dividend of ₹2 per equity share for FY 2025-26 after taking approval from the shareholders in its 14th AGM held in October 2026.

Accounting Standards

The Company is exempted from compulsory adoption of IND-AS as per MCA Notification No. G.S.R. 111 (E) dated 16th February 2015, since its shares are listed on SME exchange.

Segment Reporting

The Company does not have more than one reportable segment in terms of AS 17, hence segment-wise reporting is not applicable.

Investor Complaints

There were no investor complaints received/pending as on September 30, 2026.

IPO Fund Utilization Details

The Company issued 7,41,000 shares at the rate of ₹42 (including premium of ₹32 per share) which got listed on April 15, 2015. The utilization of IPO funds is as follows:

  • Marketing activities (e-commerce platform and digital marketing by setting up of Kiosk): Proposed ₹25.00 lacs, Utilized ₹23.19 lacs
  • Working Capital Requirement: Proposed ₹176.22 lacs, Utilized ₹176.22 lacs
  • General Corporate Purpose: Proposed ₹60.00 lacs, Utilized ₹60.00 lacs
  • Issue Expenses: Proposed ₹50.00 lacs, Utilized ₹50.00 lacs