Board Meeting Outcomes

The Board of Directors meeting was held on Wednesday, November 4, 2026, from 02:00 PM to 05:00 PM at the company's registered office in New Delhi. The Board:

  • Considered and approved the Unaudited Standalone & Consolidated Financial Results for the half year ended September 30, 2026, as reviewed and recommended by the Audit Committee.
  • Appointed M/s. VRSK & Associates as Internal Auditor of the Company for the Financial Year 2026-27.

Trading Window Closure

Pursuant to BSE Circular No. LIST/COMP/0112019-20 dated April 02, 2019 and NSE Circular No. NSE/CML/2019/11 dated April 02, 2019, and in compliance with SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the trading window was closed from October 1, 2026, and remained closed until 48 hours after the declaration of financial results.

Internal Auditor Appointment Details

  • Name: M/s. VRSK & Associates
  • Reason for change: Appointment approved by the Board on November 4, 2026
  • Date of Appointment: November 4, 2026
  • Term: Financial Year 2026-27
  • Brief Profile: Professionally managed firm providing audit, taxation, and advisory services including audit assurance, direct and indirect taxation (including GST), cross-border taxation, transfer pricing, LLP advisory, wealth management, accounting, data outsourcing, and payroll solutions.
  • Relationships between directors: No relation

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

Profit & Loss Statement (All figures in ₹ lakhs)
  • Revenue from Operations: 7,000.80 (Sept 2025: 3,891.82; March 2026: 7,328.74)
  • Other Income: 17.51 (Sept 2025: 12.13; March 2026: 25.52)
  • Total Revenue: 7,018.31 (Sept 2025: 3,903.95; March 2026: 7,354.26)
  • Total Expenses: 6,270.96 (Sept 2025: 3,632.87; March 2026: 6,494.61)
  • Cost of Material Consumed: 3,414.52
  • Changes in Inventories: -553.56
  • Direct Expenses: 1,847.55
  • Finance Costs: 202.61
  • Employee Benefits Expense: 753.02
  • Depreciation and Amortization: 74.97
  • Other Expenses: 531.86
  • Profit Before Tax: 726.01 (Sept 2025: 255.78; March 2026: 856.98)
  • Tax Expenses: 188.09 (Current Tax) + 0.00 (Deferred Tax)
  • Profit After Tax: 537.92 (Sept 2025: 255.78; March 2026: 551.90)
  • Paid-up Equity Share Capital: 1,357.54 (Face Value ₹10 each)
  • Earnings Per Share (Basic & Diluted): ₹3.96 (Sept 2025: ₹2.56; March 2026: ₹4.07)
Balance Sheet (As at September 30, 2026)
  • Total Equity and Liabilities: 13,548.55 (March 2026: 11,605.83)
  • Shareholder's Funds: 6,191.42 (Share Capital: 1,357.54 + Reserves: 4,833.88)
  • Non-Current Liabilities: 1,953.26 (Long-Term Borrowings: 1,786.06 + Deferred Tax: 119.37 + Long-Term Provisions: 47.83)
  • Current Liabilities: 5,403.87 (Short-Term Borrowings: 3,180.67 + Trade Payables: 1,162.47 + Other Current Liabilities: 584.20 + Short-Term Provisions: 476.53)
  • Total Assets: 13,548.55 (March 2026: 11,605.83)
  • Non-Current Assets: 3,547.07 (PPE: 2,910.51 + Intangible: 1.79 + CWIP: 34.54 + Non-Current Investments: 43.80 + Other Non-Current Assets: 556.43)
  • Current Assets: 10,001.48 (Inventories: 4,431.86 + Trade Receivables: 4,390.75 + Cash: 1.02 + Short-Term Loans/Advances: 899.65 + Other Current Assets: 278.20)
Cash Flow Statement (Half Year Ended September 30, 2026)
  • Net Cash from Operating Activities: (575.42)
  • Net Cash Used in Investing Activities: (538.78)
  • Net Cash from Financing Activities: 1,110.21
  • Net Increase in Cash: (3.99)
  • Cash at Beginning: 5.01
  • Cash at End: 1.02 (Cash in Hand: 1.01 + Bank Balances: 0.01)

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

Profit & Loss Statement (All figures in ₹ lakhs)
  • Revenue from Operations: 7,152.81 (Sept 2025: 4,058.83; March 2026: 7,460.82)
  • Other Income: 16.91 (Sept 2025: 12.36; March 2026: 26.37)
  • Total Revenue: 7,169.72 (Sept 2025: 4,071.19; March 2026: 7,487.18)
  • Total Expenses: 6,417.91 (Sept 2025: 3,813.78; March 2026: 6,610.34)
  • Profit Before Tax: 730.48 (Sept 2025: 242.11; March 2026: 874.17)
  • Tax Expenses: 188.09 (Current Tax)
  • Profit After Tax: 542.38 (Sept 2025: 242.07; March 2026: 569.09)
  • Paid-up Equity Share Capital: 1,357.54 (Face Value ₹10 each)
  • Earnings Per Share (Basic & Diluted): ₹4.00 (Sept 2025: ₹2.43; March 2026: ₹4.07)
Consolidated Entities
  • Gabion Technologies Nepal Private Limited (Subsidiary, 75.00% ownership)
  • Gabion Technologies BD Limited (Subsidiary, 99.995% ownership)
Balance Sheet (As at September 30, 2026)
  • Total Equity and Liabilities: 14,106.87 (March 2026: 12,251.12)
  • Total Assets: 14,106.87 (March 2026: 12,251.12)
Cash Flow Statement (Half Year Ended September 30, 2026)
  • Net Cash from Operating Activities: (568.59)
  • Net Cash Used in Investing Activities: (485.66)
  • Net Cash from Financing Activities: 1,049.10
  • Net Increase in Cash: (5.15)
  • Cash at Beginning: 9.34
  • Cash at End: 4.20 (Cash in Hand: 3.80 + Bank Balances: 0.40)

IPO Proceeds Utilization

The company completed its Initial Public Offer (IPO) of 36,00,000 equity shares of face value ₹10 each at an issue price of ₹81 per share (including premium of ₹71 per share), aggregating to ₹2,916.00 lakh. Shares were listed on BSE SME Platform on January 13, 2026.

Utilization as of September 30, 2026 (₹ lakhs):
  • Working Capital Requirement: Allocated 2,211.00, Utilized 2,211.00, Unutilized 0
  • General Corporate Purpose: Allocated 299.72, Utilized 299.72, Unutilized 0
  • Capital Expenditure for Plant/Machinery: Allocated 105.67, Utilized 105.67, Unutilized 0 (Machines valued ₹155.98 lakh purchased during period)
  • Public Issue Expenses: Allocated 299.61, Utilized 299.61, Unutilized 0 (Travel expenses of ₹1.05 lakh not accounted previously recorded in April 2026)

Auditor's certificate confirms full utilization of IPO proceeds with no temporary investments or deployments for other purposes.

Notes to Financial Results

  • Financial results prepared in accordance with Accounting Standards prescribed under Section 133 of Companies Act 2013
  • EPS computed in accordance with AS 20
  • No reportable segments as per AS-17
  • Previous periods' figures regrouped/reclassified for comparison
  • The company was formerly known as Gabion Technologies India Private Limited