Board Meeting Details
The Board of Directors meeting was held on Thursday, 12th November, 2026, starting at 12:27 PM and concluding at 12:57 PM.
Business Transacted
- Approved the Unaudited Financial Results of the Company for the half year ended on 30th September, 2026
- Taken on record the resignation letter received from the Secretarial Auditors with effect from 12th September, 2026, due to their pre-occupation with other professional commitments
Financial Results Overview (Half Year Ended September 30, 2026)
Income Statement (₹ in Lakhs):
- Total Income: ₹4,121.58
- Revenue from operations: ₹4,121.40
- Other income: ₹0.18
- Total Expenses: ₹3,246.51
- Cost of Material Consumed: ₹822.66
- Changes in inventories: ₹302.91
- Employee benefits expense: ₹12.41
- Finance cost: ₹188.86
- Depreciation and Amortization: ₹343.11
- Other Expenses: ₹1,577.56
- Profit before tax: ₹875.07
- Total Tax expenses: ₹145.24
- Current tax expense: ₹149.36
- Short/(Excess) Provision for Tax for earlier years: ₹(4.12)
- Profit for the period: ₹729.83
Key Metrics:
- Paid-up equity share capital: ₹1,609.41 lakh (face value ₹10 per share)
- Reserves excluding Revaluation Reserves: ₹5,074.31 lakh
- Earnings per share (Basic & Diluted): ₹4.53
Comparative Financial Performance
Half Year Ended September 30, 2026 vs September 30, 2025:
- Total Income: ₹4,121.58 lakh vs ₹3,610.27 lakh (increase of ₹511.31 lakh)
- Profit before tax: ₹875.07 lakh vs ₹916.22 lakh (decrease of ₹41.15 lakh)
- Profit for the period: ₹729.83 lakh vs ₹681.98 lakh (increase of ₹47.85 lakh)
- EPS: ₹4.53 vs ₹4.24
Year Ended March 31, 2026:
- Total Income: ₹6,874.46 lakh
- Profit before tax: ₹1,604.34 lakh
- Profit for the period: ₹1,252.13 lakh
- EPS: ₹7.78
Balance Sheet Position (as at September 30, 2026)
Equity and Liabilities (₹ in Lakhs):
- Shareholders' funds: ₹6,683.72
- Share Capital: ₹1,609.41
- Reserves and Surplus: ₹5,074.31
- Non-current liabilities: ₹245.57
- Long Term Borrowing: ₹210.32
- Long Term Provisions: ₹35.25
- Current liabilities: ₹1,595.26
- Short Term Borrowings: ₹115.95
- Trade Payables: ₹893.64
- Dues of micro and small enterprises: ₹527.84
- Dues of other than micro and small enterprises: ₹365.80
- Other Current Liabilities: ₹335.96
- Short Term Provisions: ₹249.71
- Total Equity and Liabilities: ₹8,524.55
Assets (₹ in Lakhs):
- Non-current assets: ₹1,961.10
- Property Plant and Equipment: ₹1,785.54
- Capital Work In Progress: ₹6.52
- Deferred Tax Assets: ₹21.65
- Long Term Loans & Advances: ₹147.39
- Current assets: ₹6,679.40
- Inventories: ₹4,247.07
- Trade Receivables: ₹2,076.52
- Cash and Cash Equivalents: ₹54.69
- Short Term Loans and Advances: ₹7.50
- Other Current Assets: ₹293.62
- Total Assets: ₹8,640.50
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash flow from operating activities: ₹233.81
- Cash flow from investing activities: ₹(250.71)
- Cash flow from financing activities: ₹(25.07)
- Net decrease in cash & cash equivalents: ₹(41.97)
- Closing cash balance: ₹54.69
Auditor Review
Kailash Chand Jain & Co., Chartered Accountants (Firm Registration Number: 112318W) conducted a limited review of the financial results and issued an unmodified conclusion. Partner Ronak Visaria (Membership No.: 159973) signed the review report dated November 12, 2026.
Notes to Financial Results
1. Financial results reviewed by Audit Committee and approved by Board on November 12, 2026
2. Prepared in accordance with Accounting Standard 25 'Interim Financial Reporting'
3. Company exempt from adopting Ind AS as listed on SME Exchange
4. Figures for half year ended March 31, 2026 are balancing figures between audited full year and published unaudited half year results
5. Company applies depreciation on WDV basis as per Companies Act
6. Single business segment: 'Manufacturing of Flower pots'
7. EPS calculated on weighted average share capital outstanding
8. Previous periods' figures regrouped/rearranged where necessary