Summary of Key Information:

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

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Investment Approval

Audit Opinion:

Clean - Limited Review Report issued by B S R & Co. LLP with no qualifications or modifications. The auditors stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... has not disclosed the information required... or that it contains any material misstatement."

Auditor’s Comment:

No adverse comments affecting earnings quality, internal controls, or going concern.

Key Financial Highlights [INR in lakhs]:

Standalone Results:

Quarter ended 30 September 2026 vs 30 September 2025:

  • Revenue from Operations: ₹83,474.26 (30.6% YoY increase from ₹63,910.52)
  • Total Income: ₹83,749.95 (30.3% YoY increase from ₹64,271.89)
  • Net Profit: ₹1,748.14 (4.1% YoY decrease from ₹1,822.77)
  • EPS: ₹0.63 (decrease from ₹0.68)

Quarter ended 30 September 2026 vs 30 June 2026:

  • Revenue from Operations: ₹83,474.26 (16.3% QoQ increase from ₹71,798.38)
  • Total Income: ₹83,749.95 (16.0% QoQ increase from ₹72,191.73)
  • Net Profit: ₹1,748.14 (180.9% QoQ increase from ₹622.19)
  • EPS: ₹0.63 (increase from ₹0.22)

Half Year ended 30 September 2026 vs 30 September 2025:

  • Revenue from Operations: ₹1,55,272.64 (28.8% YoY increase from ₹1,20,512.36)
  • Total Income: ₹1,55,941.68 (28.1% YoY increase from ₹1,21,760.56)
  • Net Profit: ₹2,370.33 (18.4% YoY decrease from ₹2,904.37)
  • EPS: ₹0.85 (decrease from ₹1.10)

Other Equity: ₹1,15,995.56 as at 30 September 2026 (₹1,15,807.14 as at 31 March 2026)

Cash and Cash Equivalents: ₹4,025.76 as at 30 September 2026 (₹3,786.85 as at 31 March 2026)

Debt:

  • Non-current borrowings: ₹28,914.75
  • Current borrowings: ₹12,367.15
  • Total borrowings: ₹41,281.90

Consolidated Results:

Not Applicable - The company does not have any subsidiary/associate/joint venture companies.

Segment-wise Performance:

The Company has one operating segment: "manufacturing, assembling, trading and sale of automotive components." All revenues, total expenses and net profit represent this sole reportable segment.

Corporate Actions:

Dividend: A final dividend of 75% (₹0.75 per equity share of ₹1 each) for FY 2025-26 was approved by shareholders at the AGM on 26 August 2026 and paid during Q2 FY27.

Rights Issue: During FY 2025-26, the company completed a Rights Issue of 23,116,407 equity shares at ₹108.1 per share (including premium of ₹107.1), aggregating ₹24,988.84 lakhs. Equity shares were allotted on 13 August 2025, increasing paid-up capital from ₹2,542.80 lakhs to ₹2,773.97 lakhs.

Other Significant Information:

Exceptional Items: During FY 2025-26, the company incurred exceptional items of ₹597.54 lakhs comprising:

  • Voluntary Separation Scheme cost: ₹352.26 lakhs
  • Past service cost relating to gratuity due to Labour Code implementation: ₹245.28 lakhs

Assets & Liabilities Position (as at 30 September 2026):

  • Total Assets: ₹2,07,017.49 lakhs
  • Property, plant and equipment: ₹93,881.36 lakhs
  • Capital work-in-progress: ₹37,293.60 lakhs
  • Inventories: ₹22,116.81 lakhs
  • Trade receivables: ₹42,631.47 lakhs
  • Total Equity: ₹1,18,769.53 lakhs

Cash Flow Highlights (Half Year ended 30 September 2026):

  • Net cash from operating activities: ₹12,616.69 lakhs
  • Net cash used in investing activities: ₹16,311.25 lakhs (mainly purchase of property, plant & equipment: ₹19,947.24 lakhs)
  • Net cash from financing activities: ₹3,933.47 lakhs (proceeds from non-current borrowings: ₹13,500.00 lakhs)