Financial Results Overview

For Q2 FY27 (quarter ended September 30, 2026), the company reported:

  • Total Income: ₹0.01 lakh (compared to ₹12.54 lakh in Q2 FY26)
  • Total Expenses: ₹1.75 lakh
  • Loss before tax: ₹(1.74) lakh
  • Tax expense: ₹0.00
  • Net Loss: ₹(1.74) lakh
  • Other Comprehensive Income: ₹(0.01) lakh
  • Total Comprehensive Loss: ₹(1.75) lakh
  • Basic and Diluted EPS: ₹(0.06)

For H1 FY27 (half-year ended September 30, 2026):

  • Total Income: ₹0.01 lakh (compared to ₹12.54 lakh in H1 FY26)
  • Total Expenses: ₹7.11 lakh
  • Loss before tax: ₹(7.09) lakh
  • Net Loss: ₹(7.09) lakh
  • Total Comprehensive Loss: ₹(7.10) lakh
  • Basic and Diluted EPS: ₹(0.24)

Key Financial Metrics

  • Paid-up equity share capital: ₹300.89 lakh (face value ₹10 per share)
  • Reserves: ₹229.51 lakh as of September 30, 2026
  • Total Assets: ₹530.83 lakh as of September 30, 2026
  • Financial Assets: Cash & cash equivalents ₹0.80 lakh, Investments ₹0.03 lakh
  • Non-Financial Assets: Current Tax Assets ₹0.33 lakh, Property, Plant & Equipment ₹0.03 lakh, Other Non-Financial Assets ₹529.64 lakh
  • Total Liabilities: ₹0.45 lakh
  • Total Equity: ₹530.39 lakh

Related Party Transaction Disclosure

The company granted a loan amounting to ₹563.20 lakh to Jindal Dyechem Industries Private Limited, a related party, carrying interest at 6% per annum payable annually. However, no interest income has been accrued or recognized by the company as of September 30, 2026, despite the company being registered as a Non-Banking Financial Company (NBFC).

Regulatory Compliance Status

The company claimed exemption from various SEBI LODR regulations pursuant to Regulation 15(2), as its paid-up share capital (₹3,00,89,000 as of March 31, 2026) is below ₹10 crore and net worth (₹5,37,48,314 as of March 31, 2026) is below ₹25 crore. Specifically:

  • No deviation or variation in proceeds of public/rights/preferential issues
  • No outstanding defaults on loans and debt securities
  • No requirement to disclose related party transactions for the half-year ended September 30, 2026
  • No audit qualifications impact statement required for the quarter

Approval and Review Process

The financial results were:

  • Reviewed by the Audit Committee of the Board
  • Approved and taken on record by the Board of Directors on November 12, 2026
  • Subjected to a limited review by the statutory auditors (A NSK& Associates)

The auditors issued an unmodified review conclusion but drew attention to the related-party loan transaction where no interest had been accrued.

Additional Information

  • The company has only one reportable business segment as per Ind AS 108
  • Previous figures have been regrouped/reclassified wherever necessary for comparison
  • The document was signed by Rajendra Prasad Rustagi, Company Secretary & Compliance Officer (M. No. F2061), and Surender Kumar Jindal, Managing Director (DIN: 00130589)