Key Financial Results (₹ in lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹5,317.54 (vs ₹4,592.97 in Q2 FY26) - 15.8% increase
  • Total income: ₹5,476.06 (vs ₹4,843.97 in Q2 FY26)
  • Profit before exceptional items and tax: ₹1,807.78 (vs ₹1,241.85 in Q2 FY26)
  • Exceptional items: ₹0 (vs ₹0 in Q2 FY26) - Note: Exceptional item of ₹114.33 lakhs occurred in Q1 FY27
  • Profit after tax: ₹1,422.36 (vs ₹877.52 in Q2 FY26) - 62.1% increase
  • Basic EPS: ₹25.40 (vs ₹15.67 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹10,185.33 (vs ₹8,847.31 in H1 FY26) - 15.1% increase
  • Total income: ₹10,395.94 (vs ₹9,309.38 in H1 FY26)
  • Profit before exceptional items and tax: ₹3,413.20 (vs ₹2,086.07 in H1 FY26)
  • Exceptional items: ₹114.33 (vs ₹0 in H1 FY26)
  • Profit after tax: ₹2,451.59 (vs ₹1,454.75 in H1 FY26) - 68.5% increase
  • Basic EPS: ₹43.78 (vs ₹25.98 in H1 FY26)

Exceptional Items

During the period, the company completed a technical and operational review of its manufacturing and operational assets. The review identified certain assets that are no longer expected to generate future economic benefits. Accordingly, the Company recognized an impairment loss of ₹114.33 lakhs (inclusive of GST reversal of ₹14 lakhs) in the Statement of Profit and Loss, which has been disclosed as an exceptional item.

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹19,313.06 lakhs (vs ₹16,901.70 lakhs as of March 31, 2026)
  • Cash and cash equivalents: ₹5,402.17 lakhs (vs ₹3,687.15 lakhs as of March 31, 2026)
  • Trade receivables: ₹3,349.49 lakhs (vs ₹2,544.10 lakhs as of March 31, 2026)
  • Inventories: ₹2,183.19 lakhs (vs ₹2,146.26 lakhs as of March 31, 2026)
  • Total equity: ₹15,755.35 lakhs (vs ₹14,016.07 lakhs as of March 31, 2026)
  • Paid-up equity share capital: ₹280.00 lakhs (unchanged at face value ₹5 per share)

Cash Flow Statement (H1 FY27)

  • Cash generated from operating activities: ₹3,321.84 lakhs
  • Income taxes paid: ₹370.13 lakhs
  • Net cash from operating activities: ₹2,951.71 lakhs
  • Net cash used in investing activities: ₹385.82 lakhs (primarily purchase of property, plant and equipment)
  • Net cash used in financing activities: ₹726.90 lakhs (including dividend payment of ₹698.33 lakhs)
  • Net increase in cash and cash equivalents: ₹1,838.99 lakhs

Board Meeting Details

  • Meeting date: October 28, 2026
  • Commencement time: 2:35 PM
  • Conclusion time: 5:11 PM

Auditor Review

The Statutory Auditors, Deloitte Haskins & Sells LLP, conducted a limited review of the quarterly financial results and issued an unqualified review report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Segment Information

The Company recognizes its sale of crucibles activity as its only primary business segment since its operations predominantly consist of manufacture and sale of crucibles to its customers. The 'Chief Operating Decision Maker' monitors the operating results of the Company's business as a single segment.