Standalone Unaudited Financial Results for Q1 FY27
The Board approved the standalone unaudited financial results for the quarter ended June 30, 2026:
- Revenue from operations: ₹459.65 crore (compared to ₹380.77 crore in Q1 FY26)
- Total income: ₹462.65 crore
- Profit before tax: ₹37.55 crore
- Net profit: ₹28.25 crore
- Basic EPS: ₹16.84 (on face value of ₹10 per share)
- Diluted EPS: ₹16.74
The results were reviewed by the Audit Committee and subjected to limited review by statutory auditors S.R. Batliboi & Co. LLP, who issued an unmodified review report with an emphasis of matter regarding an Income Tax search conducted in August 2025.
Stock Sub-division (Stock Split)
The Board approved sub-division of existing equity shares from face value of ₹10 each to ₹2 each (1:5 split ratio). The rationale is to encourage participation of small investors and enhance liquidity.
Pre and post split capital structure:
- Authorized capital: ₹20 crore divided into 10 crore shares of ₹2 each (post-split)
- Issued capital: 1,67,71,853 shares of ₹10 each to become 8,38,59,265 shares of ₹2 each
- The split is subject to shareholder approval and expected to be completed within 3 months of receiving all approvals.
Alteration of Memorandum of Association
The Board approved alteration of Clause V (Capital Clause) of the MOA to reflect the post-split authorized share capital, subject to shareholder approval.
ESOP Allotment
The Board approved allotment of 45,415 equity shares pursuant to exercise of stock options under INTERARCH ESOP Scheme-2023.
Qualified Institutional Placement (QIP)
The Board approved raising funds up to ₹250 crore through QIP issuance of equity shares and/or other eligible securities. This supersedes the previous approval for ₹100 crore obtained on March 27, 2026. The fundraising is subject to shareholder and regulatory approvals.
Annual General Meeting and Annual Report
The Board approved:
- Notice convening the 43rd Annual General Meeting on September 10, 2026, at 11:30 AM through VC/OAVM
- Annual Report for FY 2025-26 including Board's Report, MD&A, BRSR report
- Remote e-voting period: September 7-9, 2026
Record Date for Final Dividend
Thursday, September 3, 2026 fixed as record date for determining eligibility for final dividend for FY 2025-26, subject to shareholder approval at the AGM.
Appointment of Scrutinizer
CS Vineet K. Chaudhary of M/s VKC & Associates appointed as scrutinizer for the remote e-voting process and e-voting during the AGM.
Engagement of CDSL
Central Depository Services (India) Limited engaged for providing remote e-voting facility and VC/OAVM facility for the AGM.
Additional Financial Information from Notes
- ESOP expense for the quarter: ₹86.00 lakh
- Unutilized IPO proceeds: ₹14.98 crore as of June 30, 2026, invested in fixed deposits
- Income Tax Department conducted search and survey from August 18-22, 2025; company filed block assessment return on February 26, 2026; no assessment order or demand received as of date
- Exceptional item of ₹324.23 lakh in FY26 related to impact of new Labour Codes
- The Q4 FY26 figures are derived as balancing figures between audited annual figures and unaudited 9-month figures
Meeting Details
The Board meeting commenced at 3:30 PM and concluded at 5:16 PM on August 6, 2026.