Company Disclosure

Key Decisions and Approvals

1. Approval of Financial Results

  • The Board approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026
  • Prepared in accordance with Regulation 33 of SEBI LODR Regulations
  • Financial results include Limited Review Report issued by statutory auditors S. Jaykishan & Co., Chartered Accountants

2. Re-appointment of Managing Director

  • Approved re-appointment of Mr. Gaurav Swarup (DIN: 00374298) as Managing Director, designated as Chairman and Managing Director
  • New term: Five years from February 1, 2027 to January 31, 2032
  • Mr. Swarup is currently 69 years old and will attain 70 years at commencement of new term
  • Subject to approval by members through special resolution via postal ballot
  • Members had previously approved continuation beyond age 70 at AGM held on August 20, 2026
  • Mr. Gaurav Swarup and Mrs. Devina Swarup (his daughter) abstained from voting due to interest

3. Postal Ballot Process

  • Board approved issuance of Postal Ballot Notice to members seeking approval for Mr. Swarup's re-appointment
  • Mr. Mayur Mehta, Practising Company Secretary (Membership No. 3132) appointed as Scrutinizer
  • Company Secretary authorized to finalize and issue the notice

Financial Performance (Standalone)

Quarterly Results (Q2 FY27)

  • Dividend Income: ₹272.59 lakh
  • Net gain on fair value changes: ₹23.87 lakh
  • Other income: ₹32.37 lakh
  • Total Revenue from Operations: ₹328.83 lakh
  • Other Expenses: ₹24.89 lakh
  • Profit before tax: ₹303.94 lakh
  • Tax Expense: ₹5.89 lakh
  • Net Profit after tax: ₹296.03 lakh
  • Other Comprehensive Income: ₹(636.57) lakh
  • Total Comprehensive Income: ₹(638.52) lakh
  • EPS (Basic & Diluted): ₹17.66

Half-Yearly Results (H1 FY27)

  • Dividend Income: ₹484.85 lakh
  • Net gain on fair value changes: ₹45.50 lakh
  • Other income: ₹72.57 lakh
  • Total Revenue from Operations: ₹602.92 lakh
  • Other Expenses: ₹57.56 lakh
  • Profit before tax: ₹545.36 lakh
  • Tax Expense: ₹13.11 lakh
  • Net Profit after tax: ₹532.25 lakh
  • Other Comprehensive Income: ₹33.44.84 lakh
  • Total Comprehensive Income: ₹59.67.44 lakh
  • EPS (Basic & Diluted): ₹31.76

Balance Sheet Position (Standalone as at September 30, 2026)

  • Financial Assets: ₹545.16.12 lakh (Investments: ₹541.97.97 lakh)
  • Non-Financial Assets: ₹3.88.17 lakh
  • Total Assets: ₹549.04.29 lakh
  • Financial Liabilities: ₹3.08.14 lakh
  • Non-Financial Liabilities: ₹33.53.22 lakh
  • Equity Share Capital: ₹167.58 lakh
  • Other Equity: ₹510.75.35 lakh
  • Total Liabilities and Equity: ₹549.04.29 lakh

Financial Performance (Consolidated)

Quarterly Results (Q2 FY27)

  • Dividend Income: ₹272.59 lakh
  • Net gain on fair value changes: ₹23.87 lakh
  • Other income: ₹32.37 lakh
  • Total Revenue from Operations: ₹328.83 lakh
  • Other Expenses: ₹24.89 lakh
  • Profit before share of associate and tax: ₹303.94 lakh
  • Share of Profit from Associate (KSB Limited): ₹1,232.66 lakh
  • Profit before tax: ₹1,536.60 lakh
  • Tax Expense: ₹5.89 lakh
  • Net Profit after tax: ₹1,530.71 lakh
  • Other Comprehensive Income: ₹(653.81) lakh
  • Total Comprehensive Income: ₹876.90 lakh
  • EPS (Basic & Diluted): ₹91.33

Half-Yearly Results (H1 FY27)

  • Dividend Income: ₹484.85 lakh
  • Net gain on fair value changes: ₹45.50 lakh
  • Other income: ₹72.57 lakh
  • Total Revenue from Operations: ₹602.92 lakh
  • Other Expenses: ₹57.56 lakh
  • Profit before share of associate and tax: ₹545.36 lakh
  • Share of Profit from Associate (KSB Limited): ₹2,090.35 lakh
  • Profit before tax: ₹2,635.71 lakh
  • Tax Expense: ₹13.11 lakh
  • Net Profit after tax: ₹2,622.60 lakh
  • Other Comprehensive Income: ₹33.44.84 lakh
  • Total Comprehensive Income: ₹59.67.44 lakh
  • EPS (Basic & Diluted): ₹156.49

Key Managerial Personnel Profile

Name: Mr. Gaurav Swarup

DIN: 00374298

Age: 69 years (as on November 11, 2026)

Date of Birth: November 21, 2026

First Appointment: April 17, 1990

Qualifications: Master of Business Administration from Harvard University, USA (1980); Bachelor of Engineering (Mechanical) from Jadavpur University, Calcutta (1978)

Shareholding: 3,600 shares in Industrial and Prudential Investment Co. Limited

Directorships: Listed companies - Swadeshi Polytex Limited, Industrial and Prudential Investment Company Limited, Avadh Sugar & Energy Limited, KSB Limited, IFGL Refractories Limited; Unlisted public - Paharpur Cooling Towers Limited, TKIL Industries Pvt Ltd

Committee Memberships: Member - Audit Committee and Stakeholders Relationship Committee at KSB Limited; Member - Stakeholders Relationship Committee at Avadh Sugar & Energy Limited

Board Meetings Attended (FY26-27): 4 meetings including November 11, 2026

Additional Information

  • The company is a registered Non-Banking Finance Company (NBFC) with one reportable business segment
  • Net gains on fair value changes include ₹44.66 lakh (Q2) and ₹44.79 lakh (H1) as 'Net gain on sale of investments'
  • Profit on sale of equity investments from FVTOCI portfolio transferred to Retained Earnings
  • Previous periods' figures have been restated for comparability
  • Board meeting commenced at 2:00 PM IST and concluded at 4:30 PM IST
  • Disclosure made available on company website: www.industrialprudential.com