Financial Results - Quarter Ended September 30, 2026
Income Statement:
- Revenue from operations: ₹1,566.96 lakh (unaudited)
- Other income: ₹44.47 lakh (unaudited), including profit on sale of asset
- Total income: ₹1,611.43 lakh (unaudited)
Expenses:
- Cost of materials consumed: ₹1,138.40 lakh
- Employee benefits expense: ₹5.36 lakh
- Finance cost: ₹158.14 lakh
- Depreciation and amortization: ₹3.21 lakh
- Other expenses: ₹241.79 lakh
- Total expenses: ₹1,547.90 lakh
Profitability:
- Profit before exceptional items & tax: ₹64.53 lakh
- Exceptional items: ₹49.08 lakh
- Profit before tax and after exceptional items: ₹15.45 lakh
- Tax expense: ₹1.10 lakh (current tax)
- Profit for the period after tax: ₹14.35 lakh
- Other comprehensive income: ₹(1.00) lakh
- Total comprehensive income: ₹14.35 lakh
Per Share Data:
- Basic EPS: ₹0.29
- Diluted EPS: ₹0.29
- Paid-up equity share capital: ₹490.84 lakh (face value ₹10 per share)
Financial Results - Half Year Ended September 30, 2026
Income Statement:
- Revenue from operations: ₹3,035.12 lakh (unaudited)
- Other income: ₹102.65 lakh (unaudited)
- Total income: ₹3,137.77 lakh (unaudited)
Profitability:
- Profit before exceptional items & tax: ₹67.64 lakh
- Exceptional items: ₹49.08 lakh
- Profit before tax and after exceptional items: ₹18.56 lakh
- Tax expense: ₹12.00 lakh
- Profit for the period after tax: ₹6.56 lakh
- Other comprehensive income: ₹(1.00) lakh
- Total comprehensive income: ₹6.56 lakh
Per Share Data:
- Basic EPS: ₹0.13
- Diluted EPS: ₹0.13
Comparative Financials
Quarter Comparison (Q2 FY27 vs Q2 FY26):
- Revenue increased from ₹1,309.46 lakh to ₹1,566.96 lakh
- Profit after tax decreased from ₹17.89 lakh to ₹14.35 lakh
Half Year Comparison (H1 FY27 vs H1 FY26):
- Revenue increased from ₹2,485.80 lakh to ₹3,035.12 lakh
- Profit after tax decreased from ₹92.24 lakh to ₹6.56 lakh
Balance Sheet Position (as at September 30, 2026)
Assets:
- Total assets: ₹5,594.95 lakh (unaudited) vs ₹5,206.67 lakh (audited as at March 31, 2026)
- Non-current assets: ₹2,504.58 lakh (including property, plant & equipment: ₹1,427.00 lakh)
- Current assets: ₹3,090.37 lakh (including inventories: ₹475.14 lakh, current investments: ₹1,388.00 lakh, trade receivables: ₹1,181.19 lakh)
Liabilities and Equity:
- Equity share capital: ₹490.85 lakh
- Other equity: ₹3,997.09 lakh
- Total equity: ₹4,487.94 lakh
- Non-current liabilities: ₹156.85 lakh (deferred tax liabilities)
- Current liabilities: ₹950.16 lakh (including borrowings: ₹39.51 lakh, trade payables: ₹850.00 lakh)
Cash Flow Statement (Half Year Ended September 2026)
- Cash generated from operations: ₹304.41 lakh
- Income taxes paid: ₹28.39 lakh
- Net cash generated by operating activities: ₹276.02 lakh
- Net cash used in investing activities: ₹(116.98) lakh
- Net cash used in financing activities: ₹(98.89) lakh
- Net increase in cash and cash equivalents: ₹60.15 lakh
- Cash and cash equivalents at end of period: ₹1,181.19 lakh
Regulatory and Governance Details
- Results reviewed by Audit Committee and approved by Board of Directors in meeting held on November 13, 2026
- Statutory auditors S.C. Dewan & Co. conducted limited review of accounts
- Filed under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Document submitted to Bombay Stock Exchange
Business Segment Information
- The results pertain to the Leather Finishing Chemicals manufacturing segment, which is the only business segment of the Company in terms of IND AS 108 on 'Operating Segment'
Notes
- Figures for corresponding previous periods have been restated/regrouped wherever necessary to make them comparable
- The meeting commenced at 12.30 PM and concluded at 1.10 PM on November 13, 2026