Board Meeting Details

The Board of Directors meeting was held on Wednesday, November 04, 2026, commencing at 17:45 PM and concluding at 21:40 PM.

Key Approvals

1. Financial Results Approval: Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board approved the Standalone and Consolidated Un-audited Financial Results for the quarter and half year ended September 30, 2026, along with Limited Review Report submitted by the Statutory Auditors.

2. Registered Office Relocation: Pursuant to approval received from the Regional Director, Navi Mumbai vide order dated August 21, 2026, the Board approved execution of a rent agreement with the Directors of the Company for shifting the registered office from "Plot No. 36, WMDC Industrial Area, Ambethan Road, Chakan, Pune – 410501, Maharashtra, India" to "206, Vardhaman Complex Premises CHS, LBS Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India" effective November 05, 2026.

Standalone Financial Results (Amount in Thousands)

Quarter Ended September 30, 2026

  • Revenue: ₹1,246.17 (entirely from Other Income; Revenue from Operations: ₹0)
  • Total Expenses: ₹1,018.58
  • Employee Benefit Expenses: ₹60.61
  • Depreciation: ₹182.25
  • Other Expenses: ₹715.73
  • Profit before exceptional item and tax: ₹227.59
  • Exceptional Item: Profit on Sale of Assets: ₹31,371.86
  • Profit before tax: ₹31,599.45
  • Tax Expense: ₹8,727.65 (Current tax)
  • Profit after tax: ₹22,871.80
  • Earnings per share (Basic/Diluted): ₹0.36

Half Year Ended September 30, 2026

  • Revenue: ₹1,953.90 (entirely from Other Income)
  • Total Expenses: ₹1,625.59
  • Profit before exceptional item and tax: ₹328.30
  • Exceptional Item: Profit on Sale of Assets: ₹31,371.86
  • Profit before tax: ₹31,700.16
  • Tax Expense: ₹8,727.65
  • Profit after tax: ₹22,972.51
  • Earnings per share (Basic/Diluted): ₹0.36

Comparative Figures

  • Quarter Ended June 30, 2026: Profit after tax ₹100.71, Revenue ₹707.73
  • Quarter Ended September 30, 2025: Loss after tax ₹(992.97), Revenue ₹0
  • Year Ended March 31, 2026: Profit after tax ₹2,077.17, Revenue ₹7,201.25

Standalone Balance Sheet as at September 30, 2026 (Amount in Thousands)

  • Total Assets: ₹794,150.76
  • Non-current Assets: ₹753,361.08
  • Property, Plant and Equipment: Not quantified
  • Capital WIP: ₹1,671.08
  • Financial Assets: ₹751,690.00 (Investments: ₹742,450.00; Other Financial Assets: ₹9,240.00)
  • Current Assets: ₹40,789.67
  • Trade Receivables: ₹301.25
  • Cash and cash equivalents: ₹36,078.58
  • Other Financial Assets: ₹1,129.00
  • Other Current Assets: ₹230.84
  • Equity and Liabilities: ₹794,150.76
  • Equity: ₹586,458.00
  • Equity Share Capital: ₹635,165.00
  • Other Equity: ₹(48,707.00)
  • Non-current Liabilities: ₹192,090.00
  • Financial Liabilities: ₹192,090.00 (Borrowings)
  • Current Liabilities: ₹15,602.75
  • Financial Liabilities: ₹20,352.90 (Borrowings), ₹585.72 (Other Financial Liabilities)
  • Other Current Liabilities: ₹10,149.45

Standalone Cash Flow Statement (Amount in Thousands)

Half Year Ended September 30, 2026

  • Operating Activities: Net cash used ₹(9,130.06)
  • Investing Activities: Net cash from ₹35,461.59 (Sale of Fixed Assets: ₹37,228.69; Loans Return: ₹9,850.00; Investment in Capital WIP: ₹(1,150.04); Purchase of Investments: ₹(10,467.06))
  • Financing Activities: Net cash used ₹(38,546.14) (Long Term Borrowings Repaid: ₹(19,696.14); Short Term Borrowings Repaid: ₹(18,850.00))
  • Net decrease in cash: ₹(12,214.61)
  • Cash at beginning: ₹48,293.19
  • Cash at end: ₹36,078.58

Consolidated Financial Results (Amount in Thousands)

Quarter Ended September 30, 2026

  • Revenue: ₹260,097.68 (Revenue from Operations: ₹258,844.48; Other Income: ₹1,253.20)
  • Total Expenses: ₹237,578.01
  • Profit before exceptional item and tax: ₹22,519.67
  • Exceptional Item: Profit on Sale of Assets: ₹31,371.86
  • Profit before tax: ₹53,891.52
  • Tax Expense: ₹14,743.86 (Current tax: ₹14,118.92; Deferred tax: ₹624.95)
  • Profit after tax: ₹39,147.66
  • Earnings per share (Basic/Diluted): ₹0.62

Half Year Ended September 30, 2026

  • Revenue: ₹483,476.09
  • Profit before tax: ₹75,109.99
  • Tax Expense: ₹20,618.82
  • Profit after tax: ₹54,491.16
  • Earnings per share (Basic/Diluted): ₹0.86

Notes to Financial Statements

1. The financial results were reviewed by the Audit Committee and approved by the Board on November 04, 2026. Statutory Auditors conducted limited review pursuant to Regulation 33 of SEBI LODR.

2. Prepared in accordance with Indian Accounting Standards (Ind AS).

3. Figures for quarter and half year ended September 30, 2026 are unaudited and subjected to limited review.

4. Consolidated results include Filtron Engineers Limited and Gabrielle Infra Speciality Private Limited.

5. The Company is not engaged in seasonal business.

6. The Company operates in only one segment.

7. Previous year figures have been regrouped/rearranged for comparability.