Financial Performance Highlights

Quarter Ended 30th September, 2026 (Q2 FY27):

  • Revenue from Operations: Rs 15,565.43 lakh
  • Other Income: Rs 52.20 lakh
  • Total Income: Rs 15,617.63 lakh
  • Total Expenses: Rs 15,008.98 lakh
  • Profit Before Tax: Rs 608.65 lakh
  • Total Tax Expense: Rs 176.20 lakh
  • Profit for the Period: Rs 432.45 lakh
  • Basic EPS: Rs 2.38
  • Diluted EPS: Rs 2.33

Half Year Ended 30th September, 2026 (H1 FY27):

  • Revenue from Operations: Rs 27,565.20 lakh
  • Other Income: Rs 92.94 lakh
  • Total Income: Rs 27,658.14 lakh
  • Total Expenses: Rs 26,776.32 lakh
  • Profit Before Tax: Rs 881.82 lakh
  • Total Tax Expense: Rs 243.11 lakh
  • Profit for the Period: Rs 638.71 lakh
  • Basic EPS: Rs 3.52
  • Diluted EPS: Rs 3.44

Comparative Performance (YoY):

Q2 FY27 revenue increased by 36.9% from Rs 11,372.46 lakh in Q2 FY26. The company turned profitable from a loss of Rs 101.36 lakh in Q2 FY26 to a profit of Rs 432.45 lakh in Q2 FY27.

Balance Sheet Position (as at 30th September, 2026)

  • Total Assets: Rs 23,554.78 lakh (vs Rs 17,815.87 lakh as at 31-Mar-26)
  • Equity Share Capital: Rs 1,816.84 lakh (unchanged)
  • Other Equity: Rs 3,531.41 lakh (vs Rs 2,898.27 lakh)
  • Trade Receivables: Rs 10,881.87 lakh (significant increase from Rs 5,895.82 lakh)
  • Cash and Cash Equivalents: Rs 174.17 lakh (decreased from Rs 1,308.18 lakh)
  • Short-term Borrowings: Rs 4,985.86 lakh (increased from Rs 2,208.14 lakh)
  • Lease Liabilities: Rs 6,362.93 lakh (Current: Rs 2,227.38 lakh + Non-current: Rs 4,135.55 lakh)

Cash Flow Statement (H1 FY27)

  • Net Cash from Operating Activities: Negative Rs 1,804.88 lakh
  • Net Cash from Investing Activities: Negative Rs 190.82 lakh
  • Net Cash from Financing Activities: Positive Rs 855.73 lakh
  • Net Decrease in Cash: Rs 1,139.97 lakh
  • Closing Cash Balance: Rs 168.21 lakh

Significant Notes to Financial Results

1. Leave Encashment Policy Revision: During Q1 FY27 (quarter ended 30th June, 2026), the company revised its leave encashment policy effective 1st April, 2026. The maximum accumulation of eligible leave was reduced from 42 days to 30 days, and the computation basis changed from Gross Salary to Basic Salary. This resulted in a reversal of employee benefit expenses amounting to Rs 28.69 lakh during Q1 FY27.

2. ESOP Allotment: During Q1 FY27, the company allotted 4,02,850 equity shares under the Flomic ESOP Scheme 2025, pursuant to BSE Limited approval received on 17th November, 2025 (Document Identification No. DSC/ESOP/IP/RG/3900/2025-26). The dilutive impact has been considered in calculating Diluted EPS for Q1 FY27.

3. Segment Reporting: The company operates in a single business segment, hence segment-wise reporting is not applicable.

4. Auditor Review: The financial results were subjected to limited review by Doogar & Associates, Chartered Accountants (Firm Registration No. 000561N), who issued an unqualified review report.