Financial Results for Q2 and H1 FY27

The Board approved standalone and consolidated un-audited financial results for quarter and half year ended 30th September 2026, along with limited review reports from statutory auditors DSP & Associates.

Standalone Financials (₹ lakhs):

  • Q2 FY27: Total income ₹42.50 lakh, expenses ₹23.14 lakh, profit before tax ₹19.36 lakh, net profit after tax ₹19.36 lakh
  • H1 FY27: Total income ₹135.48 lakh, expenses ₹128.46 lakh, profit before tax ₹7.02 lakh, net profit after tax ₹7.02 lakh
  • EPS: Q2 ₹0.01 basic & diluted, H1 ₹0.00 basic & diluted
  • Paid-up equity capital: ₹3,290.00 lakh (329,000,000 shares of Re. 1 each)

Consolidated Financials (₹ lakhs):

  • Q2 FY27: Total income ₹5,820.77 lakh, expenses ₹5,988.38 lakh, loss before tax ₹(167.61) lakh, net loss after tax ₹(153.59) lakh
  • H1 FY27: Total income ₹10,460.53 lakh, expenses ₹11,081.27 lakh, loss before tax ₹(620.74) lakh, net loss after tax ₹(594.93) lakh
  • EPS: Q2 ₹(0.05) basic & diluted, H1 ₹(0.18) basic & diluted
  • Revenue from operations: Q2 ₹5,810.01 lakh, H1 ₹10,439.25 lakh

Director Appointment

The Board approved appointment of Smt. Saroj Punhani (DIN: 08922018) as Additional Director in category of Non-Executive Independent Director for first term of five consecutive years from 30th October 2026 to 29th October 2031, subject to shareholder approval via special resolution through postal ballot.

Smt. Punhani is former Indian Audit and Accounts Service officer (1984 batch) with nearly four decades of experience in auditing, accounting, public administration, and governance. She served as Deputy Comptroller and Auditor General and Central Information Commissioner until November 2023.

The Board also recommended her appointment as Independent Director in wholly-owned material subsidiary Kamdhenu Colour and Coatings Limited, subject to relevant approvals.

Committee Reconstitution

The Board reconstituted four committees with effect from 30th October 2026 by appointing Smt. Saroj Punhani as member:

Audit Committee:

  • Chairman: Shri Madhusudan Agarwal (Independent Director)
  • Members: Shri Ramesh Chand Surana, Shri Saurabh Agarwal, Smt. Saroj Punhani

Nomination and Remuneration Committee:

  • Chairman: Shri Ramesh Chand Surana (Independent Director)
  • Members: Shri Madhusudan Agarwal, Shri Sachin Agarwal, Smt. Saroj Punhani

Stakeholders' Relationship Committee:

  • Chairman: Shri Madhusudan Agarwal (Independent Director)
  • Members: Shri Saurabh Agarwal, Shri Sachin Agarwal, Smt. Saroj Punhani

Risk Management Committee:

  • Chairman: Shri Sunil Kumar Agarwal (Non-executive Director)
  • Members: Shri Saurabh Agarwal, Shri Madhusudan Agarwal, Smt. Saroj Punhani, Shri Vineet Kumar Agarwal (CFO)

Policy Amendment

The Board approved amendments to the Nomination and Remuneration Policy based on recommendations of the Nomination and Remuneration Committee, effective immediately from 30th October 2026. The amended policy is available on company website.

Meeting Details

The Board meeting commenced at 1:30 PM IST and concluded at 3:55 PM IST on 30th October 2026.

Additional Information

  • The company utilized ₹47.57 lakh from preferential issue proceeds for general corporate purposes and ₹1,250.86 lakh for investment in Kamdhenu Colour and Coatings Limited
  • 1,50,00,000 warrants remained outstanding as at 30th September 2026 from previous preferential allotment
  • The company augmented investment in Kamdhenu Colour and Coatings Limited through rights issue, allotted 3,614 equity shares