The Board considered and approved the Standalone Unaudited Financial Statements for the half year ended September 30, 2026, based on the recommendation of the Audit Committee. The company also submitted these results pursuant to Regulation 33 of the SEBI LODR Regulations.

The statutory auditors, M/s. H T A and Associates, Chartered Accountants, have issued a Limited Review Report on the unaudited financial results, conducted in accordance with Standard on Review Engagements (SRE) 2410. Their report, dated November 07, 2026, states that based on their review, nothing has come to their attention that causes them to believe the financial results contain any material misstatement.

Key Financial Results (Standalone, Unaudited, Rs in lakhs)

For the Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹791.89
  • Other Income: ₹0.52
  • Total Income: ₹792.40
  • Total Expenses: ₹694.50
  • Profit Before Tax: ₹97.91
  • Tax Expense: ₹27.23 (Current Tax: ₹25.22, Deferred Tax: ₹2.01)
  • Profit for the Period: ₹70.68
  • Earnings Per Share (Basic & Diluted): ₹6.47

Comparative Figures:

  • H1 FY26 (30-09-2025): Revenue from Operations was ₹257.99 lakh, Profit for the Period was ₹35.99 lakh, and EPS was ₹4.10.
  • H2 FY26 (31-03-2026, Unaudited): Revenue from Operations was ₹674.15 lakh, Profit for the Period was ₹66.18 lakh, and EPS was ₹6.62.
  • Full Year FY26 (31-03-2026, Audited): Revenue from Operations was ₹932.15 lakh, Profit for the Period was ₹102.17 lakh, and EPS was ₹10.88.

Balance Sheet Highlights (As at 30th September, 2026, Rs in lakhs)

Equity and Liabilities:

  • Paid-up Equity Share Capital: ₹142.36 (increased from ₹12.50 lakh as of March 31, 2026)
  • Reserves and Surplus: ₹467.28 (increased from ₹145.42 lakh)
  • Total Shareholders' Funds: ₹609.64 (increased from ₹157.92 lakh)
  • Long-term Borrowings: ₹34.78
  • Short-term Borrowings: ₹57.00
  • Total Liabilities: ₹817.59 (increased from ₹314.29 lakh)

Assets:

  • Property, Plant and Equipment: ₹42.70
  • Inventories: ₹249.62
  • Trade Receivables: ₹209.65
  • Cash and Cash Equivalents: ₹186.99 (increased from ₹5.03 lakh)
  • Total Assets: ₹817.59

Cash Flow Statement (For 6 months ended 30-09-2026, Rs in lakhs)

  • Net Cash Used in Operating Activities: (₹307.64)
  • Net Cash Used in Investing Activities: (₹24.42)
  • Net Cash Generated from Financing Activities: ₹514.01 (primarily from Proceeds from Issue of Share Capital: ₹496.51)
  • Net Increase in Cash and Cash Equivalents: ₹181.95

Notes to Accounts

1. The financial results were approved by the Board on November 07, 2026, and reviewed by the Audit Committee.

2. The statement is prepared in accordance with Accounting Standards (AS) prescribed under the Companies Act, 2013.

3. The company is exempt from adopting Ind AS as its shares are listed on the SME Exchange.

4. The company operates in a single business segment: 'Trading and EPC Services of Solar Power Products and Solutions'.

5. Initial Public Offering (IPO): The company successfully completed its IPO during the period under review. The offer comprised a Fresh Issue of 30,51,600 Equity Shares, a Market Maker Reservation of 1,99,200 Equity Shares, and an Offer for Sale of 6,80,400 Equity Shares by Promoter Selling Shareholders. The Face Value was ₹10 per share, offered at ₹104 per share. The shares were listed on the SME Platform of BSE Limited.

6. Figures for previous periods have been regrouped and restated for comparability.