JK Agri Genetics Ltd. Q2 & H1 FY27 Financial Results Summary
Key Financial Performance (₹ in Lakhs)
Quarter Ended 30.09.2026 (Q2 FY27):
- Revenue from Operations: ₹1,449.74
- Total Income: ₹1,528.20
- Loss Before Tax: (₹882.12)
- Net Loss After Tax: (₹701.06)
- Basic & Diluted EPS: (₹15.12)
Quarter Ended 30.09.2025 (Q2 FY26) - Comparative:
- Revenue from Operations: ₹1,907.31
- Total Income: ₹2,021.01
- Loss Before Tax: (₹759.41)
- Net Loss After Tax: (₹509.08)
- Basic & Diluted EPS: (₹10.98)
Half Year Ended 30.09.2026 (H1 FY27):
- Revenue from Operations: ₹9,882.77
- Total Income: ₹10,103.42
- Profit Before Tax: ₹647.53
- Net Profit After Tax: ₹385.62
- Basic & Diluted EPS: ₹8.32
Half Year Ended 30.09.2025 (H1 FY26) - Comparative:
- Revenue from Operations: ₹11,100.49
- Total Income: ₹11,439.66
- Profit Before Tax: ₹1,012.74
- Net Profit After Tax: ₹719.38
- Basic & Diluted EPS: ₹15.51
Financial Year Ended 31.03.2026 (FY26) - Audited:
- Revenue from Operations: ₹15,759.33
- Total Income: ₹16,461.01
- Profit Before Tax: ₹25.90
- Net Loss After Tax: (₹717.47)
- Basic & Diluted EPS: (₹15.47)
Expense Breakdown (H1 FY27)
- Cost of Material Consumed: ₹5,017.41
- Employee Benefits Expenses: ₹1,016.93
- Finance Cost: ₹157.67
- Depreciation and Amortisation: ₹123.11
- Other Expenses: ₹1,866.58
Statement of Assets and Liabilities (as of 30.09.2026)
Total Assets: ₹25,604.56 Lakhs
- Non-Current Assets: ₹4,858.98 Lakhs (Property, Plant & Equipment: ₹717.74; Intangible Assets: ₹1,365.93; Intangible Assets under development: ₹723.67; Deferred Tax Asset: ₹1,959.19)
- Current Assets: ₹20,745.58 Lakhs (Inventories: ₹8,575.23; Investments: ₹7,117.96; Trade Receivables: ₹3,877.76; Cash & Cash Equivalents: ₹186.00)
Equity and Liabilities:
- Equity: ₹10,418.74 Lakhs (Equity Share Capital: ₹463.70; Other Equity: ₹9,955.04)
- Non-Current Liabilities: ₹56.24 Lakhs
- Current Liabilities: ₹15,129.58 Lakhs (Borrowings: ₹400.00; Trade Payables: ₹8,329.59)
Statement of Cash Flow (H1 FY27)
- Net Cash from Operating Activities: (₹399.36)
- Net Cash from Investing Activities: ₹370.74
- Net Cash from Financing Activities: ₹160.08
- Net Increase in Cash and Cash Equivalents: ₹131.46
- Cash and Cash Equivalents at period end: ₹192.97
Notes to the Financial Results
1. Seasonal Business: The company notes that its business is seasonal, and the results of the current quarter are not representative of full-year performance.
2. Segment Information: The company operates only in one segment: Agri and Allied Products.
3. Operational Impact: El-Nino conditions have impacted the current period operations.
4. Prior Period Figures: Figures of previous periods have been regrouped/rearranged wherever necessary.
Emphasis of Matter from Auditor's Review Report
Lodha & Co LLP, the statutory auditors, included an Emphasis of Matter paragraph in their limited review report. It draws attention to the following:
- The company has overdue trade receivables of ₹1,823.61 lakhs and a security deposit of ₹121.68 lakhs from Rajasthan State Seeds Corporation (RSSC) (Total: ₹1,945.29 lakhs).
- Legal action for recovery was initiated in an earlier year. A petition for arbitration was adjudged against the company on grounds of limitation.
- An application u/s 34 of the Arbitration and Conciliation Act filed before the Commercial Court, Jaipur, was dismissed during the previous year.
- The company has filed an objection application under Section 37 of the Arbitration Act before the High Court of Rajasthan at Jaipur, challenging the orders of the commercial court.
- This matter is also detailed in Note No. 47.2c(ii) of the audited financial statements for the year ended March 31, 2026.
The auditor's conclusion is not modified in respect of this matter.
Other Information
- Paid-Up Equity Share Capital: Remained unchanged at ₹463.70 Lakhs (Face Value: ₹10 per share).
- Board Meeting: The meeting to approve the results was held on October 30, 2026, commencing at 12:30 P.M. and concluding at 2:17 P.M.
- Unclaimed Dividend: ₹3.86 Lakhs