Financial Results (Standalone)

Income Statement (₹ in Lakhs)

| Particulars | Q2 FY27 (30-09-2026) | Q1 FY27 (30-06-2026) | Q2 FY26 (30-09-2025) | H1 FY27 (30-09-2026) | H1 FY26 (30-09-2025) | FY26 (31-03-2026) |

| Revenue from Operations | 1274.47 | 1139.32 | 381.10 | 2413.79 | 560.51 | 2958.79 |

| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.13 |

| Total Revenue | 1274.47 | 1139.32 | 381.10 | 2413.79 | 560.51 | 2960.92 |

| Expenses | | | | | | |

| Purchases of stock-in-trade | 1634.41 | 1056.52 | 488.77 | 2690.92 | 724.15 | 0.00 |

| Changes in inventories | (944.79) | (590.46) | (472.14) | (1535.25) | (827.52) | (455.34) |

| Employee benefits | 76.27 | 87.03 | 39.60 | 163.31 | 65.97 | 168.61 |

| Finance Costs | 11.00 | 0.00 | 0.00 | 11.00 | 5.88 | 6.37 |

| Depreciation | 4.76 | 6.41 | 23.81 | 11.17 | 47.33 | 68.63 |

| Other expenses | 389.10 | 478.81 | 273.95 | 867.91 | 503.24 | 1080.95 |

| Total Expenses | 1170.75 | 1038.31 | 353.99 | 2209.06 | 519.05 | 2839.10 |

| PBT | 103.72 | 101.01 | 27.11 | 204.73 | 41.46 | 121.82 |

| Current Tax | 57.00 | 0.00 | 0.00 | 57.00 | 0.00 | 45.40 |

| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (7.46) |

| Net Profit | 46.72 | 101.01 | 27.11 | 147.73 | 41.46 | 83.88 |

| EPS - Basic & Diluted (₹) | 0.36 | 0.94 | 0.27 | 1.13 | 0.41 | 0.78 |

Balance Sheet Highlights (₹ in Lakhs)

| Particulars | As at 30-09-2026 | As at 31-03-2026 |

| Property, Plant & Equipment | 21.67 | 26.85 |

| Non-current Investments | 150.99 | 150.99 |

| Trade Receivables (Non-current) | 1235.62 | 1298.17 |

| Other Non-current Financial Assets | 1373.00 | 662.01 |

| Inventories | 2761.50 | 1226.25 |

| Cash & Cash Equivalents | 33.10 | 20.00 |

| Bank Balances (other) | 189.52 | 51.54 |

| Other Current Assets | 753.49 | 73.58 |

| Total Assets | 6532.43 | 3522.90 |

| Equity Share Capital | 1305.00 | 1075.00 |

| Other Equity | 3370.24 | 1589.50 |

| Total Equity | 4675.24 | 2664.50 |

| Borrowings (Current) | 316.12 | 0.00 |

| Trade Payables (Current) | 1372.33 | 788.98 |

| Other Current Liabilities | 73.14 | 30.82 |

| Current Tax Liabilities | 95.60 | 38.60 |

| Total Liabilities | 1857.19 | 858.40 |

Cash Flow Statement (H1 FY27, ₹ in Lakhs)

| Particulars | H1 FY27 (30-09-2026) | H1 FY26 (30-09-2025) |

| Cash from Operating Activities | (2022.06) | (324.88) |

| Cash from Investing Activities | (6.99) | (25.25) |

| Cash from Financing Activities | 2179.12 | 327.45 |

| Net Change in Cash | 148.07 | (22.68) |

| Cash at Beginning | 74.54 | 56.59 |

| Cash at End | 222.61 | 33.91 |

Financial Results (Consolidated)

The consolidated results are substantially similar to standalone results with minor variations in other expenses (₹1082.69 lakh for FY26 vs ₹1080.95 lakh standalone) and net profit (₹82.14 lakh for FY26 vs ₹83.88 lakh standalone).

The group includes two subsidiaries:

  • Hiliks Greens Private Limited (Wholly Owned Subsidiary)
  • Hiliks Technologies Inc (USA) (Subsidiary)

The subsidiaries contributed nil revenue and nil profit for the quarter ended September 30, 2026.

Key Dates and Approvals

  • Board Meeting Date: 13th November, 2026
  • Results approved by Board of Directors and reviewed by Audit Committee
  • Limited Review Reports issued by ASKM & Co., Chartered Accountants (FRN: 012799S)

Capital Structure Changes

Paid-up equity share capital increased from ₹10.75 crore (10,750,000 shares of ₹10 each) as of March 31, 2026, to ₹13.05 crore (13,050,000 shares of ₹10 each) as of September 30, 2026, indicating issuance of 230,000 shares during H1 FY27.

Accounting Policies

  • Company adopted Indian Accounting Standards (Ind AS) effective April 1, 2017
  • Figures for previous periods regrouped/rearranged where necessary
  • Reconciliation between previous IGAAP and Ind AS provided for quarter ended September 30, 2026

Additional Disclosure

A separate declaration states that Regulation 32 of SEBI (LODR) Regulations, 2015 (regarding statement of deviation or variation) is not applicable to the company.