Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September 2026 (Q2 FY26, H1 FY26)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results under SEBI LODR Regulation 33

Audit Opinion:

Clean Opinion - Limited Review Report states no material misstatements found

Auditor’s Comment:

No qualifications or modifications. Review conducted in accordance with SRE 2410, providing moderate assurance.

Key Financial Highlights [Rupees in lakhs]:

Standalone Results:

Quarter Ended 30-Sep-2026 (Q2 FY26):

  • Revenue from Operations: ₹6,216.32 (vs ₹4,432.39 in Q2 FY25 - 40.2% YoY growth)
  • Total Income: ₹6,222.24
  • Net Profit: ₹507.81 (vs ₹411.77 in Q2 FY25 - 23.3% YoY growth)
  • EPS: ₹0.27 (Basic and Diluted)

Quarter Ended 30-Jun-2026 (Q1 FY26):

  • Revenue from Operations: ₹4,723.73
  • Total Income: ₹4,728.31
  • Net Profit: ₹401.24
  • EPS: ₹0.21 (Basic and Diluted)

Half Year Ended 30-Sep-2026 (H1 FY26):

  • Revenue from Operations: ₹10,940.05 (vs ₹8,172.29 in H1 FY25 - 33.9% YoY growth)
  • Total Income: ₹10,950.55
  • Net Profit: ₹909.05 (vs ₹674.78 in H1 FY25 - 34.7% YoY growth)
  • EPS: ₹0.48 (Basic and Diluted)
  • Total Comprehensive Income: ₹919.05

Profitability Analysis:

  • H1 Profit Before Tax: ₹1,203.45 (vs ₹908.72 in H1 FY25 - 32.4% YoY growth)
  • H1 Tax Expense: ₹294.40
  • Material improvement in both revenue and profitability compared to previous year

Balance Sheet Position as at 30th September 2026 [Rupees in lakhs]:

Assets:

  • Total Assets: ₹27,046.15 (vs ₹20,413.16 as at 31-Mar-2026)
  • Non-current Assets: ₹10,002.91
  • Property, Plant & Equipment: ₹2,754.67
  • Right of Use Assets: ₹1,034.00
  • Capital work-in-progress: ₹119.48
  • Other Non-current Assets: ₹5,712.00
  • Current Assets: ₹17,043.24
  • Inventories: ₹9,496.08
  • Trade receivables: ₹6,111.43
  • Cash & cash equivalents: ₹27.87
  • Bank balances other than cash: ₹92.22

Equity and Liabilities:

  • Total Equity: ₹18,306.98
  • Equity Share Capital: ₹3,960.79 (Face Value ₹2 per share)
  • Other Equity: ₹14,346.19
  • Non-current Liabilities: ₹1,096.79 (Lease Liabilities)
  • Current Liabilities: ₹7,642.38
  • Borrowings: ₹4,211.98
  • Trade Payables: ₹2,687.21
  • Micro enterprises and small enterprises: ₹426.50
  • Other creditors: ₹2,260.71

Cash Flow Statement for Half Year Ended 30th September 2026 [Rupees in lakhs]:

  • Net Cash from Operating Activities: (₹1,612.96)
  • Net Cash from Investing Activities: (₹292.26)
  • Net Cash from Financing Activities: ₹1,915.33
  • Net Increase in Cash: ₹10.12
  • Closing Cash and Cash Equivalents: ₹27.87

Segment-wise Performance:

The Company operates only in a single segment - manufacturing and trading of garments.

Corporate Actions:

Acquisition: The Company is in process to acquire 51% stake in Infinia Lifestyle Private Limited for total consideration of ₹5,712.00 lakhs through:

  • Allotment of 77,08,183 Equity Shares at ₹41.67 each (Face Value ₹2, Premium ₹39.67) amounting to ₹3,212 lakhs
  • Cash consideration of ₹2,500 lakhs
  • Approved by Board on 8th July 2026 and shareholders on 3rd August 2026
  • Subject to other regulatory approvals

Other Significant Information:

  • Paid-up equity share capital: ₹3,960.79 lakhs
  • Figures for previous periods have been regrouped wherever necessary