Board Meeting Details

The adjourned meeting of the Board of Directors was held on Saturday, 14th November, 2026 through video conferencing/OAVM, convened at 04:30 PM and concluded at 07:11 PM.

Key Approvals

1. Unaudited Standalone and Consolidated Financial Results for Quarter and Half year ended 30th September, 2026 with Limited Review Report of Statutory Auditors

2. Authorized Vipul Dileep Lathi (DIN: 05173313), Director and CFO to sign the financial results

Standalone Financial Performance (Rs. in Lakhs)

Income Statement

Quarter Ended September 30, 2026:

  • Revenue from Operations: 86.57
  • Other Income: 33.79
  • Total Income: 120.36
  • Employee Benefits Expense: 23.46
  • Finance Cost: 9.86
  • Depreciation: 6.11
  • Other Expenses: 63.22
  • Total Expenses: 102.64
  • Profit Before Tax: 17.72
  • Current Tax: 1.40
  • Deferred Tax: 1.43
  • Profit for Period: Not clearly stated (calculation suggests ~14.89)
  • Other Comprehensive Income: 3.82
  • Total Comprehensive Income: 18.70

Half Year Ended September 30, 2026:

  • Revenue from Operations: 150.69
  • Other Income: 175.99
  • Total Income: 326.68
  • Employee Benefits Expense: 48.29
  • Finance Cost: 16.51
  • Depreciation: 12.22
  • Other Expenses: 98.50
  • Total Expenses: 175.53
  • Profit Before Tax: 151.16
  • Current Tax: 23.73
  • Deferred Tax: 4.40
  • Profit for Period: 123.02
  • Other Comprehensive Income: 3.48
  • Total Comprehensive Income: 126.51

Key Metrics

  • Paid Up Equity Share Capital: 1,832.84 (Face value ₹1/- each)
  • Basic EPS: Q2 - ₹0.01; Half Year - ₹0.07
  • Diluted EPS: Q2 - ₹0.01; Half Year - ₹0.07

Standalone Balance Sheet (As at September 30, 2026)

Assets:

  • Total Assets: 3,473.53
  • Non-Current Assets: 2,741.16 (Property Plant Equipment: 709.60; Investments: 2,031.56)
  • Current Assets: 732.37 (Trade Receivables: 28.84; Cash: 3.01; Loans: 404.34; Other Financial Assets: 257.08)

Liabilities & Equity:

  • Equity: 2,806.46 (Share Capital: 1,832.84; Other Equity: 973.62)
  • Non-Current Liabilities: 283.17 (Borrowings: 186.83)
  • Current Liabilities: 383.89 (Trade Payables: 288.48; Provisions: 55.15)

Consolidated Financial Performance (Rs. in Lakhs)

Income Statement

Quarter Ended September 30, 2026:

  • Revenue from Operations: 715.38
  • Other Income: 75.15
  • Total Income: 790.53
  • Cost of Materials: 406.61
  • Employee Benefits: 124.70
  • Finance Cost: 24.52
  • Depreciation: 31.34
  • Other Expenses: 87.22
  • Total Expenses: 741.08
  • Profit Before Tax: 49.45
  • Current Tax: 8.98
  • Deferred Tax: 0.44
  • Profit for Period: 40.03
  • Other Comprehensive Income: 41.18
  • Total Comprehensive Income: 81.21

Half Year Ended September 30, 2026:

  • Revenue from Operations: 1,520.56
  • Other Income: 208.33
  • Total Income: 1,728.88
  • Cost of Materials: 928.30
  • Employee Benefits: 228.88
  • Finance Cost: 47.07
  • Depreciation: 63.50
  • Other Expenses: 150.97
  • Total Expenses: 1,526.99
  • Profit Before Tax: 201.89
  • Current Tax: 47.89
  • Deferred Tax: 3.71
  • Profit for Period: 150.29
  • Other Comprehensive Income: 5.24
  • Total Comprehensive Income: 155.53

Key Metrics

  • Paid Up Equity Share Capital: 1,832.84
  • Basic EPS: Q2 - ₹0.04; Half Year - ₹0.08
  • Diluted EPS: Q2 - ₹0.04; Half Year - ₹0.08

Consolidated Entities

  • Instant Finserve Private Limited (Subsidiary)
  • Seven Hills Beverages Limited (Subsidiary)
  • Palwe Pest Control Private Limited (Step Down Subsidiary)
  • Ronak Global Trade (Associate of Subsidiary)

Total assets of consolidated entities: ₹7,715.07 lakhs as at September 30, 2026

Total revenue of consolidated entities: ₹1,520.56 lakhs for half year ended September 30, 2026

Operating Segments (Consolidated)

The company operates in four business segments:

1. Investment Banking: Q2 revenue ₹86.57 lakhs, Half Year ₹150.69 lakhs

2. Financial Services & Investment: Minimal revenue disclosed

3. Packaged Drinking Water Bottle Manufacturing: Q2 revenue ₹478.40 lakhs, Half Year ₹1,052.75 lakhs

4. Pest Control Services: Q2 revenue ₹150.42 lakhs, Half Year ₹317.12 lakhs

Significant Corporate Development

During period ended June 2026, the company sold its 73.72% shareholding in Seven Hills Beverages Ltd. to Mr. Ronak Shah pursuant to Share Purchase Agreement dated June 13, 2026. However, the company continues to consolidate Seven Hills Beverages Ltd. as it maintains control through board composition rights (75% board appointment rights for one year) and operational decision-making control.