Board Meeting Details

The Board of Directors meeting was held on November 13, 2026, at the Corporate Office in Village Bagwali, Khasra No. 40/14-15-16-17/1, Block - Raipur Rani, NH 73, Panchkula-134202. The meeting commenced at 06:00 PM and concluded at 06:45 PM.

Key Decisions

1. Considered, approved and taken on record the Unaudited Standalone Financial Results for the half year ended September 30, 2026

2. Considered and approved all other business as per agenda circulated

Financial Results - Standalone (₹ in lakhs)

Income Statement Highlights

  • Revenue From Operations: ₹9,563.35 (H1 FY27) vs ₹7,631.53 (H1 FY26)
  • Other Income: ₹23.08 (H1 FY27) vs ₹4.69 (H1 FY26)
  • Total Revenue: ₹9,588.43 (H1 FY27) vs ₹7,636.22 (H1 FY26)

Expense Breakdown

  • Cost of materials consumed: ₹7,243.80
  • Changes in inventories: -₹522.56
  • Employee benefit expense: ₹1,044.36
  • Finance Costs: ₹300.17
  • Depreciation and amortization: ₹287.65
  • Other Expenses: ₹777.27
  • Total Expenses: ₹9,130.69

Profitability Metrics

  • Profit before tax: ₹457.74
  • Tax Expense: ₹135.56 (Current Tax: ₹128.55, Deferred Tax: ₹7.01)
  • Profit after tax: ₹322.18
  • Basic EPS: ₹4.30 (not annualized)
  • Diluted EPS: ₹4.30 (not annualized)

Balance Sheet Position (as at September 30, 2026)

  • Total Equity & Liabilities: ₹17,389.49 lakhs
  • Share Capital: ₹749.10 lakhs
  • Surplus: ₹5,755.57 lakhs
  • Long Term Borrowing: ₹2,196.31 lakhs
  • Short Term Borrowing: ₹3,990.17 lakhs
  • Trade Payables: ₹3,765.35 lakhs (Micro & Small Enterprises: ₹124.31 lakhs, Others: ₹3,641.04 lakhs)
  • Total Assets: ₹17,389.49 lakhs
  • Property, Plant and Equipment: ₹3,868.63 lakhs
  • Intangible Assets: ₹43.43 lakhs
  • Capital Work-in-Progress: ₹635.21 lakhs
  • Inventories: ₹7,330.35 lakhs
  • Trade Receivables: ₹3,712.36 lakhs
  • Cash & Cash Equivalents: ₹601.57 lakhs

Financial Results - Consolidated (₹ in lakhs)

Income Statement Highlights

  • Revenue From Operations: ₹9,214.01 (H1 FY27)
  • Other Income: ₹19.48
  • Total Revenue: ₹9,233.49

Profitability Metrics

  • Profit before tax: ₹844.73
  • Tax Expense: ₹165.91
  • Profit after tax: ₹678.82
  • Attributable to Owners: ₹351.06
  • Attributable to Non-Controlling Interest: ₹27.78
  • Basic EPS: ₹4.69 (not annualized)
  • Diluted EPS: ₹4.69 (not annualized)

Auditor's Limited Review Report

Gandhi Minocha & Co. (Firm No.: 00458N) issued limited review reports for both standalone and consolidated financial results. The review was conducted in accordance with SRE 2410 issued by ICAI.

Key Auditor Findings

  • Nothing came to their attention that causes them to believe the statements contain material misstatements
  • The financial results were prepared in accordance with applicable Accounting Standards
  • For consolidated results, one associate could not be included due to non-availability of financial information, but management assessed the impact as not material

Subsidiary Information

The consolidated results include Flamecraft Industries LLP, incorporated in India.