Financial Performance Highlights
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹52.47 lakh (Interest Income: ₹2.47 lakh, Realization of Claims: ₹50.00 lakh)
- Other Income: ₹17.67 lakh
- Total Income: ₹70.18 lakh
- Profit Before Tax: ₹52.19 lakh
- Tax Expense: ₹13.22 lakh (Current Year: ₹13.22 lakh, Deferred Tax: ₹(0.64) lakh)
- Net Profit: ₹39.29 lakh
- Basic and Diluted EPS: ₹0.38
Half-Year Ended September 30, 2026:
- Revenue from Operations: ₹104.94 lakh (Interest Income: ₹4.94 lakh, Realization of Claims: ₹100.00 lakh)
- Other Income: ₹33.33 lakh
- Total Income: ₹138.27 lakh
- Profit Before Tax: ₹312.16 lakh
- Tax Expense: ₹85.22 lakh (Current Year: ₹85.22 lakh, Deferred Tax: ₹(0.64) lakh)
- Net Profit: ₹226.94 lakh
- Basic and Diluted EPS: ₹2.17
Comparative Performance
Quarter Comparison (Q2 FY27 vs Q2 FY26):
- Net Profit: ₹39.29 lakh vs ₹(0.77) lakh loss
- Revenue from Operations: ₹52.47 lakh vs ₹74.59 lakh
Half-Year Comparison (H1 FY27 vs H1 FY26):
- Net Profit: ₹226.94 lakh vs ₹(2.08) lakh loss
- Revenue from Operations: ₹104.94 lakh vs ₹74.58 lakh
Financial Position as of September 30, 2026
Assets:
- Total Assets: ₹2,217.09 lakh (vs ₹1,964.22 lakh as of March 31, 2026)
- Financial Assets: ₹1,297.57 lakh (Cash & Cash Equivalents: ₹1,098.57 lakh, Bank Balance: ₹0.35 lakh, Loans: ₹86.32 lakh, Investments: ₹105.24 lakh, Other Financial Assets: ₹7.09 lakh)
- Non-Financial Assets: ₹919.52 lakh (Inventories: ₹703.57 lakh, Current Tax Assets: ₹29.75 lakh, Deferred Tax Assets: ₹2.60 lakh, Property Plant & Equipment: ₹2.57 lakh, Other Non-Financial Assets: ₹181.03 lakh)
Liabilities and Equity:
- Financial Liabilities: ₹269.21 lakh (Borrowings: ₹152.00 lakh, Other Financial Liabilities: ₹117.21 lakh)
- Non-Financial Liabilities: ₹116.00 lakh (Current Tax Liabilities: ₹115.29 lakh, Provision: ₹0.71 lakh)
- Equity: ₹1,831.87 lakh (Equity Share Capital: ₹1,047.34 lakh, Other Equity: ₹784.53 lakh)
Cash Flow Statement (Half-Year Ended September 30, 2026)
- Net Cash from Operating Activities: ₹34.83 lakh
- Net Cash from Investing Activities: ₹33.33 lakh
- Net Cash from Financing Activities: ₹151.80 lakh
- Net Increase in Cash: ₹219.96 lakh
- Cash and Cash Equivalents at End: ₹1,098.91 lakh (Balance with banks: ₹1,098.85 lakh, Cash on hand: ₹0.07 lakh)
Related Party Transactions
Transactions during H1 FY27:
- Rent Paid to Moral Holdings Limited: ₹2.40 lakh
- Remuneration to Director Mandeep Sandhu: ₹13.50 lakh
- Reimbursement of Tax Expenses: Mandeep Sandhu ₹26.43 lakh, Varun Shaunik ₹4.63 lakh
- Realization of Claims: V K Construction Co Pvt Ltd ₹(14.5) lakh, Diana Euro Chem Private Limited ₹50.00 lakh
Outstanding Balances as of September 30, 2026:
- Remuneration Payable to Mandeep Sandhu: ₹1.75 crore
- Security Deposit against Lease with Moral Holdings Limited: ₹7.00 lakh
- Investment in Bhangoo & Co (Partnership Firm): ₹74.47 lakh (debit balance)
Capital Structure
- Paid-up Equity Share Capital: ₹1,047.34 lakh (face value ₹10 each)
- No change in share capital during the period