Board Meeting Details

The Board of Directors meeting was held on Friday, November 06, 2026 at 02:00 P.M. at the registered office of the Company at 413, Jogani Industrial Estate, Opp. Kasturba-Hospital, J. R. Boricha Marg, Lower Parel (East), Mumbai- 400011. The meeting commenced at 02:00 P.M. and concluded at 02:30 P.M.

Key Decision Taken

The Board approved the Un-Audited Financial Results of the Company along with the Limited Review Report of the Statutory Auditors thereon for the Quarter and Half year ended on September 30, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Overview

Quarter Ended September 30, 2026 (Unaudited):

  • Revenue from Operations: Rs 1,148.05 lakh
  • Other Income: Rs 53.72 lakh
  • Total Income: Rs 1,201.76 lakh
  • Total Expenses: Rs 1,111.08 lakh
  • Profit from Operations before Exceptional Items: Rs 90.68 lakh
  • Tax Expenses: Rs 4.34 lakh (Current Tax: Rs 10.00 lakh, Deferred Tax: Rs -5.65 lakh, Excess/Short Provision: Rs 0.00)
  • Net Profit after Tax: Rs 86.34 lakh
  • Basic and diluted EPS: Rs 1.54 (not annualized)

Half Year Ended September 30, 2026 (Unaudited):

  • Revenue from Operations: Rs 2,052.82 lakh
  • Other Income: Rs 188.39 lakh
  • Total Income: Rs 2,241.20 lakh
  • Total Expenses: Rs 2,074.04 lakh
  • Profit from Operations before Exceptional Items: Rs 167.16 lakh
  • Tax Expenses: Rs 3.63 lakh (Current Tax: Rs 35.00 lakh, Deferred Tax: Rs -31.46 lakh, Excess/Short Provision: Rs 0.10)
  • Net Profit after Tax: Rs 163.53 lakh
  • Basic and diluted EPS: Rs 2.92 (not annualized)

Comparative Performance

Quarter Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue increased from Rs 1,074.86 lakh to Rs 1,148.05 lakh
  • Net Profit decreased from Rs 99.82 lakh to Rs 86.34 lakh
  • EPS decreased from Rs 1.78 to Rs 1.54

Half Year Comparison (H1 FY27 vs H1 FY26):

  • Revenue increased from Rs 1,988.69 lakh to Rs 2,052.82 lakh
  • Net Profit increased from Rs 113.68 lakh to Rs 163.53 lakh
  • EPS increased from Rs 2.03 to Rs 2.92

Financial Position as at September 30, 2026

Assets:

  • Total Assets: Rs 6,616.10 lakh
  • Non-Current Assets: Rs 4,915.59 lakh (including Property, plant and equipment: Rs 995.65 lakh, Investments: Rs 3,229.28 lakh)
  • Current Assets: Rs 1,700.52 lakh (including Inventories: Rs 390.34 lakh, Trade receivables: Rs 782.23 lakh)

Equity and Liabilities:

  • Total Equity: Rs 5,398.79 lakh (Equity share capital: Rs 559.26 lakh, Other equity: Rs 4,839.53 lakh)
  • Total Liabilities: Rs 1,217.31 lakh
  • Non-Current Liabilities: Rs 294.97 lakh
  • Current Liabilities: Rs 922.34 lakh

Cash Flow Statement

Half Year Ended September 30, 2026:

  • Net Cash Inflow from Operating Activities: Rs 66.87 lakh
  • Net Cash Outflow from Investing Activities: Rs 69.69 lakh
  • Net Cash Outflow from Financing Activities: Rs 4.09 lakh
  • Net decrease in Cash and Cash Equivalents: Rs 6.91 lakh
  • Cash and Cash Equivalents at End: Rs 4.66 lakh

Additional Information

  • The company's operations fall under single segment namely "Textile"
  • The financial results were reviewed by the Audit Committee and approved by the Board
  • The statement has been prepared in accordance with Indian Accounting Standards (Ind AS)
  • Previous period figures have been regrouped/reclassified where necessary

Auditor Review

Vatsaraj & Co., Chartered Accountants (Firm Registration No: 111327W) issued a limited review report stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.