Key Financial Figures - Quarter Ended September 30, 2026

Revenue and Profitability:

  • Revenue from Operations: ₹34,748 lakhs (compared to ₹27,256 lakhs in Q2 FY26)
  • Other Income: ₹87 lakhs
  • Total Income: ₹34,835 lakhs
  • Total Expenses: ₹31,982 lakhs
  • Profit before tax: ₹2,853 lakhs
  • Tax Expense: ₹672 lakhs (Current tax: ₹784 lakhs, Deferred tax: ₹(112) lakhs)
  • Profit for the period: ₹2,181 lakhs
  • Other Comprehensive Income: ₹1,260 lakhs net of tax
  • Total Comprehensive Income: ₹3,441 lakhs
  • Basic EPS: ₹9.64 (not annualized)
  • Diluted EPS: ₹9.64 (not annualized)

Key Financial Figures - Half Year Ended September 30, 2026

Revenue and Profitability:

  • Revenue from Operations: ₹65,196 lakhs (compared to ₹49,726 lakhs in H1 FY26)
  • Other Income: ₹897 lakhs
  • Total Income: ₹66,093 lakhs
  • Total Expenses: ₹59,756 lakhs
  • Profit before tax: ₹6,337 lakhs
  • Tax Expense: ₹1,453 lakhs (Current tax: ₹1,548 lakhs, Deferred tax: ₹(95) lakhs)
  • Profit for the period: ₹4,884 lakhs
  • Other Comprehensive Income: ₹(176) lakhs net of tax
  • Total Comprehensive Income: ₹4,708 lakhs
  • Basic EPS: ₹21.59 (not annualized)
  • Diluted EPS: ₹21.59 (not annualized)

Balance Sheet Position as at September 30, 2026

Assets:

  • Total Assets: ₹1,15,842 lakhs (compared to ₹1,06,731 lakhs as at March 31, 2026)
  • Non-current Assets: ₹61,988 lakhs (Property, Plant and Equipment: ₹16,156 lakhs, Capital Work-in-progress: ₹1,707 lakhs, Financial Assets: ₹40,293 lakhs)
  • Current Assets: ₹53,854 lakhs (Inventories: ₹11,405 lakhs, Trade Receivables: ₹23,081 lakhs, Cash and cash equivalents: ₹327 lakhs)

Equity and Liabilities:

  • Equity Share Capital: ₹1,131 lakhs (unchanged)
  • Other Equity: ₹85,710 lakhs (total equity: ₹86,841 lakhs)
  • Non-current Liabilities: ₹5,135 lakhs
  • Current Liabilities: ₹23,866 lakhs (Trade payables: ₹19,361 lakhs total)

Cash Flow Statement - Six Months Ended September 30, 2026

  • Cash generated from operations: ₹5,613 lakhs
  • Income taxes paid: ₹(1,782) lakhs
  • Net Cash from Operating Activities: ₹3,831 lakhs
  • Net Cash used in Investing Activities: ₹(3,989) lakhs (mainly due to investments: acquisition ₹68,652 lakhs, sale proceeds ₹66,834 lakhs)
  • Net Cash used in Financing Activities: ₹(65) lakhs
  • Net decrease in Cash and Cash Equivalents: ₹(223) lakhs
  • Cash and Cash Equivalents at end of period: ₹327 lakhs

Operational and Corporate Details

  • The Company operates in one segment: Electrical and Electronic products for two/three wheelers and engines
  • Paid-up equity share capital: ₹1,131 lakhs (Face Value of ₹5 each)
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 12, 2026
  • The Limited Review report was issued by Statutory Auditors, Deloitte Haskins & Sells LLP
  • Board meeting duration: 3:30 PM to 5:30 PM on November 12, 2026

Significant Events and Notes

Subsidiary Dissolution: The Company's wholly owned subsidiary, PT Automotive Systems Indonesia Ltd., was dissolved and ceased to exist with effect from June 25, 2025. Consequently, with effect from April 1, 2026, the Company no longer has any subsidiary and is not required to prepare consolidated financial results.

Exceptional Item Reference: Note 6 references that during FY 2025-26, the Company received a sanction order dated January 28, 2026 from Haryana Shahari Vikas Pradhikaran (HSVP), Gurugram towards compensation on compulsory acquisition of land in 2010 amounting to ₹445 lakhs along with interest thereon amounting to ₹1,076 lakhs (total ₹1,521 lakhs), which was recognized as an exceptional item in the Statement of Profit and Loss for the year ended March 31, 2026.