Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Outcome of Board Meeting

Date of Board Meeting / Approval: 13th November, 2026

Audit Opinion: Unmodified (Clean) - Limited Review Report

Auditor’s Comment: The review report is unmodified. The auditors relied on the review report of another auditor for the Engineering (MICCO) division.

Key Financial Highlights [Rs. in Lakhs]

Standalone Results:

Quarter Ended 30-Sep-2026:

  • Revenue from Operations: ₹11,657.85 (YoY: -4.9% from ₹12,254.31 in Q2 FY26)
  • Total Income: ₹11,696.80
  • Net Profit: ₹1,769.68 (YoY: +4.7% from ₹1,691.03 in Q2 FY26)
  • EPS: ₹8.29 (not annualized)

Half Year Ended 30-Sep-2026:

  • Revenue from Operations: ₹19,778.93 (YoY: -1.4% from ₹20,066.43 in H1 FY26)
  • Total Income: ₹19,922.49
  • Net Profit: ₹2,111.55 (YoY: +64.7% from ₹1,282.03 in H1 FY26)
  • EPS: ₹9.95 (not annualized)

Other Equity: Not specified for current period; was ₹25,215.48 as of 31-Mar-2026 (Audited)

Cash and Cash Equivalents: ₹78.25 as of 30-Sep-2026 (Unaudited), down from ₹251.44 as of 31-Mar-2026

Debt:

  • Short-term borrowings: ₹8,904.32 as of 30-Sep-2026
  • Long-term borrowings: ₹1,227.07 as of 30-Sep-2026
  • Total borrowings: ₹10,131.39

Consolidated Results:

Quarter Ended 30-Sep-2026:

  • Revenue from Operations: ₹12,401.26 (YoY: -6.3% from ₹13,227.72 in Q2 FY26)
  • Total Income: ₹12,662.70
  • Net Profit: ₹1,340.71 (YoY: -6.0% from ₹1,426.41 in Q2 FY26)
  • EPS: ₹6.28 (not annualized)

Half Year Ended 30-Sep-2026:

  • Revenue from Operations: ₹21,534.76 (YoY: -2.4% from ₹22,065.19 in H1 FY26)
  • Total Income: ₹21,975.07
  • Net Profit: ₹1,592.49 (YoY: +80.8% from ₹880.89 in H1 FY26)
  • EPS: ₹7.46 (not annualized)

Other Equity: Not specified for current period; was ₹23,659.88 as of 31-Mar-2026 (Audited)

Cash and Cash Equivalents: ₹97.24 as of 30-Sep-2026 (Unaudited), down from ₹287.34 as of 31-Mar-2026

Debt:

  • Short-term borrowings: ₹12,767.02 as of 30-Sep-2026
  • Long-term borrowings: ₹3,303.16 as of 30-Sep-2026
  • Total borrowings: ₹16,070.18

Segment-wise Performance [Rs. in Lakhs]:

Standalone Segment Revenue (Quarter Ended 30-Sep-2026):

  • Tea: ₹5,934.85
  • Engineering (MICCO): ₹2,376.21
  • Textiles: ₹3,095.93
  • Property: ₹263.84

Standalone Segment Result [Profit/(Loss) before tax and interest] (Quarter Ended 30-Sep-2026):

  • Tea: ₹1,662.57
  • Engineering (MICCO): ₹198.88
  • Textiles: ₹39.94
  • Property: ₹159.70

Consolidated Segment Revenue (Quarter Ended 30-Sep-2026):

  • Tea: ₹6,678.26
  • Engineering (MICCO): ₹2,376.21
  • Textiles: ₹3,095.93
  • Property: ₹263.84

Consolidated Segment Result [Profit/(Loss) before tax and interest] (Quarter Ended 30-Sep-2026):

  • Tea: ₹1,360.09
  • Engineering (MICCO): ₹198.88
  • Textiles: ₹39.94
  • Property: ₹159.70

Corporate Actions:

Not Specified

Other Significant Information:

  • Seasonality Note: The company notes that the Tea industry is seasonal, and results for part of the year should not be taken as indicative of full-year results.
  • Engineering Division Review: The financial results of the Engineering (MICCO) division (total assets: ₹13,819.32 lakhs) were reviewed by another auditor, and the main auditors relied on their report.
  • Standalone Assets (30-Sep-2026): Total assets stood at ₹53,351.79 lakhs, up from ₹49,749.81 lakhs as of 31-Mar-2026.
  • Consolidated Assets (30-Sep-2026): Total assets stood at ₹57,742.91 lakhs, up from ₹55,289.60 lakhs as of 31-Mar-2026.
  • Cash Flow (Standalone H1 FY27): Net cash used in operating activities was ₹(666.76) lakhs; net cash used in investing activities was ₹(503.67) lakhs; net cash from financing activities was ₹997.24 lakhs.
  • Cash Flow (Consolidated H1 FY27): Net cash from operating activities was ₹(13.93) lakhs; net cash used in investing activities was ₹(674.58) lakhs; net cash from financing activities was ₹498.41 lakhs.