Financial Performance Highlights (Standalone - Quarter ended 30th September, 2026)

  • Sales/Income from Operations (net): ₹5,795.19 lakhs (vs ₹4,395.53 lakhs in Q2 FY26)
  • Other Operating Income: ₹4.97 lakhs
  • Other Income: ₹21.04 lakhs
  • Total Income: ₹5,821.20 lakhs
  • Profit Before Tax: ₹832.44 lakhs (vs ₹426.03 lakhs in Q2 FY26)
  • Tax Expense: ₹252.34 lakhs
  • Net Profit: ₹580.10 lakhs (vs ₹303.33 lakhs in Q2 FY26) - 91% YoY increase
  • Earnings Per Share (Basic & Diluted): ₹5.80

Financial Performance Highlights (Standalone - Half Year ended 30th September, 2026)

  • Sales/Income from Operations (net): ₹11,128.77 lakhs (vs ₹8,797.48 lakhs in H1 FY26)
  • Other Operating Income: ₹8.59 lakhs
  • Other Income: ₹36.30 lakhs
  • Total Income: ₹11,173.66 lakhs
  • Profit Before Tax: ₹1,542.92 lakhs (vs ₹727.68 lakhs in H1 FY26)
  • Tax Expense: ₹463.70 lakhs
  • Net Profit: ₹1,079.22 lakhs (vs ₹520.84 lakhs in H1 FY26) - 107% YoY increase
  • Earnings Per Share (Basic & Diluted): ₹10.79

Consolidated Financial Performance

Consolidated results are substantially similar to standalone results with minor variations:

  • Q2 FY27 Net Profit: ₹579.89 lakhs
  • H1 FY27 Net Profit: ₹1,078.77 lakhs
  • EPS for both periods identical to standalone at ₹5.80 (Q2) and ₹10.79 (H1)

Key Expense Breakdown (Standalone H1 FY27)

  • Cost of materials consumed: ₹3,582.20 lakhs
  • Employee benefits expense: ₹729.79 lakhs
  • Finance cost: ₹374.60 lakhs
  • Depreciation & amortization: ₹494.20 lakhs
  • Power & Fuel: ₹957.13 lakhs
  • External processing cost: ₹3,192.26 lakhs
  • Other expenditure: ₹1,164.21 lakhs

Balance Sheet Highlights (Standalone as at 30th September, 2026)

  • Total Assets: ₹24,626.18 lakhs (vs ₹21,649.04 lakhs as at 31st March, 2026)
  • Property, plant and equipment: ₹9,908.29 lakhs
  • Capital work-in-progress: ₹383.89 lakhs
  • Inventories: ₹6,315.93 lakhs
  • Trade receivables: ₹4,594.50 lakhs
  • Cash and cash equivalents: ₹394.35 lakhs
  • Equity share capital: ₹1,000.00 lakhs (unchanged)
  • Other equity: ₹10,261.47 lakhs (vs ₹9,278.09 lakhs)
  • Borrowings (non-current): ₹1,974.62 lakhs
  • Borrowings (current): ₹6,044.04 lakhs
  • Total financial indebtedness: ₹80.18 crore (₹801.80 lakhs)

Cash Flow Statement (Standalone H1 FY27)

  • Net cash from operating activities: ₹348.50 lakhs
  • Net cash used in investing activities: ₹792.13 lakhs (mainly ₹768.26 lakhs for property, plant and equipment)
  • Net cash from financing activities: ₹618.40 lakhs (mainly ₹1,008.79 lakhs from borrowings net)

Capital Structure and Shareholding

  • Paid up equity share capital: ₹1,000.00 lakhs (Face Value of ₹10 per share)
  • No change in share capital during the period

Strategic Development

The Board approved a capital investment of up to ₹100 crore towards development and execution of various projects in the Aerospace, Defence & Energy sector. This investment aims to strengthen the Company's capabilities, expand its infrastructure, and capitalize on emerging business opportunities in these strategic sectors.

Debt Position and Defaults

As of 30th September, 2026:

  • Total outstanding loans/revolving facilities: ₹80.18 crore
  • No defaults on any banking facilities
  • No outstanding unlisted debt securities (NCDs/NCRPS)
  • Total financial indebtedness: ₹80.18 crore

Related Party Transactions (Half Year ended 30th September, 2026)

Significant transactions include:

  • Purchase of goods/services from IMECHE PRIVATE LIMITED (Associate Company): ₹194.73 lakhs
  • CSR contribution to Shree Tamboli Foundation: ₹15.00 lakhs
  • Remuneration to Chairman & Managing Director (Mr. Piyush I Tamboli): ₹157.96 lakhs
  • Remuneration to Director & CFO (Mr. Jainam Tamboli): ₹20.24 lakhs
  • Remuneration to Whole Time Director (Mr. B. Pratapkumar): ₹13.67 lakhs
  • Sitting fees to independent directors: ₹1.31 lakhs total

Operational Metrics

  • The company has identified Investment Casting Activities as its only reportable segment
  • Complaints from investors/shareholders for the quarter: Received - 0, Resolved - 0, Unresolved - 0
  • The company maintains multiple certifications including NADCAP Approved for NDT, EN 9100:2018, IATF 16949:2016, ISO 13485:2016, and others

Auditor's Review

Statutory auditors P A R K & COMPANY conducted limited review and expressed unmodified opinion on both standalone and consolidated results. The review of subsidiary I&PCL Vacuum Cast Limited (with minimal financial impact) was performed by its auditors.