Board Meeting Details

The Board of Directors meeting was held on 13th November 2026, starting at 03:45 PM and ending at 05:10 PM. The Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 2015 shall reopen 48 hours after these results.

Financial Results Overview (Quarter Ended 30th September 2026)

  • Revenue from Operations: ₹9.48 crore (Gross Sales)
  • Other Income: ₹0.20 crore
  • Total Income: ₹9.50 crore
  • Total Expenses: ₹6.32 crore
  • Cost of goods sold: ₹5.64 crore
  • Employee benefits expense: ₹0.28 crore
  • Finance costs: ₹0.17 crore
  • Depreciation and amortization: ₹4.65 crore
  • Other expenses: ₹1.64 crore
  • Profit before tax: ₹3.18 crore
  • Tax Expense: ₹1.03 crore (Deferred Tax)
  • Net Profit: ₹2.15 crore
  • Basic EPS: ₹0.61 per equity share
  • Paid-up Equity Share Capital: ₹35.23 crore

Financial Results Overview (Half Year Ended 30th September 2026)

  • Revenue from Operations: ₹13.83 crore (Gross Sales)
  • Other Income: ₹0.99 crore
  • Total Income: ₹13.93 crore
  • Total Expenses: ₹9.60 crore
  • Profit before tax: ₹4.33 crore
  • Tax Expense: ₹0.94 crore (Deferred Tax)
  • Net Profit: ₹3.39 crore
  • Basic EPS: ₹0.96 per equity share

Comparative Figures

Year Ended 31st March 2026 (Audited):

  • Revenue from Operations: ₹21.21 crore
  • Net Profit: ₹8.07 crore
  • Basic EPS: ₹3.01

Balance Sheet Position (as at 30th September 2026)

  • Total Assets: ₹96.49 crore
  • Non-current assets: ₹86.62 crore
  • Property Plant & Equipment: ₹4.03 crore
  • Other Intangible Assets: ₹61.75 crore
  • Capital Work in Progress: ₹1.66 crore
  • Investments: ₹19.19 crore
  • Current assets: ₹9.87 crore
  • Inventories: ₹5.50 crore
  • Trade receivables: ₹2.35 crore
  • Cash & Cash Equivalents: ₹0.12 crore
  • Other Bank Balances: ₹1.25 crore
  • Other current assets: ₹0.65 crore
  • Equity and Liabilities: ₹96.49 crore
  • Equity: ₹55.17 crore
  • Equity Share Capital: ₹35.23 crore
  • Other Equity: ₹19.94 crore
  • Non-current liabilities: ₹4.67 crore (Deferred tax liabilities)
  • Current liabilities: ₹36.65 crore
  • Borrowings: ₹13.74 crore
  • Trade Payables: ₹21.91 crore
  • Other financial liabilities: ₹1.00 crore

Cash Flow Statement (Half Year Ended 30th September 2026)

  • Net Cash from Operating Activities: ₹14.29 crore
  • Net Cash from Investing Activities: (₹1.04) crore
  • Net Cash from Financing Activities: (₹14.45) crore
  • Net decrease in Cash: (₹1.20) crore
  • Closing Cash and Equivalents: ₹1.37 crore

Significant Transactions and Events

1. Intangible Asset Acquisition: The Company acquired the trade secret "Innovative Eco-Friendly Technology for VTOL/STOL Helipads and Airstrips" from Major Harjinder Singh Jonjua (Retd.), Chairman-cum-Managing Director, for ₹19,13,62,000. The acquisition was made under agreement dated 28.07.2026 with addendum dated 11.11.2026, approved by shareholders at AGM held on 21.08.2026.

2. Share Allotment: During the quarter, the Company was allotted 15,55,150 right shares of HSJONJUA INNOVATEAGRO PVT LTD., a related party.

3. Capital Structure Change: Due to bonus share allotment on 27 January 2026, the paid-up equity share capital exceeded ₹25 crore, transitioning the company from SME-listed entity to mainboard listing requirements.

Related Party Transactions (6 Months Ended 30th September 2026)

Transactions with Related Parties:

  • Harmanpreet Singh Jonjua: Rent ₹1,90,000; Purchase of Goods ₹1,54,00,000
  • HSJONJUA AEROINFRA PRIVATE LIMITED: Purchase of Goods ₹84,00,000
  • HS JONJUA & Sons HUF: Purchase of Goods ₹82,00,000
  • Harjinder Singh Jonjua: Sale of Shares ₹12,50,76,986; Purchase of Intangible Asset ₹19,13,62,000; Purchase of Printed Books ₹20,39,400
  • HSJONJUA INNOVATEAGRO PRIVATE LIMITED: Rights Issue Subscription ₹9,35,11,170

Outstanding Balances:

  • Harmanpreet Singh Jonjua: ₹1,54,05,600
  • HSJONJUA AEROINFRA PRIVATE LIMITED: ₹83,96,600
  • HS JONJUA & Sons HUF: ₹81,96,800
  • Harjinder Singh Jonjua: ₹19,11,75,638 (for intangible asset purchase)