Board Meeting Details

  • Meeting held on November 6, 2026 from 3:00 PM to 3:25 PM
  • Approved un-audited financial results for quarter and half-year ended September 30, 2026
  • Approved limited review report on the financial results

Financial Results (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹3,961.89 lakh (₹3,547.39 lakh in Q1 FY27; ₹3,117.89 lakh in Q2 FY26)
  • Other income: ₹4.09 lakh
  • Total income: ₹3,965.98 lakh
  • Cost of materials consumed: ₹1,933.15 lakh
  • Employee benefit expenses: ₹829.66 lakh
  • Finance costs: ₹93.68 lakh
  • Depreciation & amortization: ₹98.84 lakh
  • Other expenses: ₹979.11 lakh
  • Total expenses: ₹3,803.37 lakh
  • Profit before tax: ₹162.61 lakh
  • Tax expense: ₹41.88 lakh (current tax)
  • Net profit: ₹120.73 lakh
  • Earnings per share (basic and diluted): ₹0.12

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

  • Revenue from operations: ₹7,509.28 lakh (₹6,881.06 lakh in H1 FY26)
  • Other income: ₹9.80 lakh
  • Total income: ₹7,519.08 lakh
  • Cost of materials consumed: ₹3,662.91 lakh
  • Employee benefit expenses: ₹1,546.26 lakh
  • Finance costs: ₹185.29 lakh
  • Depreciation & amortization: ₹192.16 lakh
  • Other expenses: ₹1,827.65 lakh
  • Total expenses: ₹7,213.74 lakh
  • Profit before tax: ₹305.37 lakh
  • Tax expense: ₹57.47 lakh (current tax)
  • Net profit: ₹247.90 lakh
  • Earnings per share (basic and diluted): ₹0.57

Capital Structure Update

  • Company completed right issue in ratio 1:2 on October 11, 2026
  • Allotted 2,902,916 equity shares of ₹5 each, partly paid up ₹2.50 at premium of ₹2.50 each
  • Paid-up equity share capital increased from ₹725.73 lakh to ₹1,451.46 lakh

Segment Information

  • Company operates in one segment: "Auto Components"

Balance Sheet Highlights (as of September 30, 2026)

  • Total assets: ₹10,572.28 lakh (₹9,472.35 lakh as of March 31, 2026)
  • Property, plant and equipment: ₹3,221.16 lakh
  • Inventories: ₹3,340.12 lakh
  • Trade receivables: ₹1,983.03 lakh
  • Cash and cash equivalents: ₹17.53 lakh
  • Equity: ₹4,366.01 lakh (₹2,698.38 lakh as of March 31, 2026)
  • Long-term borrowings: ₹936.48 lakh
  • Short-term borrowings: ₹1,803.30 lakh

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

  • Net cash used in operating activities: ₹(1,413.75) lakh
  • Net cash used in investing activities: ₹(89.44) lakh
  • Net cash from financing activities: ₹1,509.16 lakh
  • Net increase in cash: ₹5.97 lakh

Auditor Review

  • Limited review conducted by C S Arora & Associates, Chartered Accountants
  • Review performed under SRE 2410 standards
  • No material misstatements identified in the financial results
  • Conclusion not modified