Key Financial Results (Quarter Ended September 30, 2026)
Revenue from Operations: ₹20,858.68 lakh
Other Income: ₹260.85 lakh
Total Income: ₹21,119.53 lakh
Total Expenses: ₹13,892.70 lakh
Profit Before Tax: ₹7,226.83 lakh
Tax Expense: ₹1,839.92 lakh (Current tax: ₹1,901.75 lakh, Income tax relating to earlier years: ₹0.64 lakh, Deferred tax (net): -₹62.47 lakh)
Profit for the Period: ₹5,386.91 lakh
Other Comprehensive Income: -₹2.32 lakh
Total Comprehensive Income: ₹5,384.59 lakh
EPS (Basic and Diluted): ₹7.14
Paid-up Equity Share Capital: ₹1,583.74 lakh (Face value ₹2 each)
Comparative Performance
Quarter vs Quarter (Q2 FY27 vs Q2 FY26):
- Revenue from Operations: ₹20,858.68 lakh vs Not disclosed
- Profit Before Tax: ₹7,226.83 lakh vs ₹2,594.22 lakh
- Profit for the Period: ₹5,386.91 lakh vs ₹1,927.27 lakh
- EPS: ₹7.14 vs ₹2.59
Quarter vs Previous Quarter (Q2 FY27 vs Q1 FY27):
- Revenue from Operations: ₹20,858.68 lakh vs ₹13,707.74 lakh
- Profit Before Tax: ₹7,226.83 lakh vs ₹3,683.63 lakh
- Profit for the Period: ₹5,386.91 lakh vs ₹2,734.01 lakh
- EPS: ₹7.14 vs ₹3.67
Half Year Performance (April-September 2026)
Revenue from Operations: ₹34,566.42 lakh
Other Income: ₹452.71 lakh
Total Income: ₹35,019.13 lakh
Total Expenses: ₹24,108.67 lakh
Profit Before Tax: ₹10,910.46 lakh
Tax Expense: ₹2,789.54 lakh
Profit for the Period: ₹8,120.92 lakh
Total Comprehensive Income: ₹8,118.02 lakh
EPS (Basic and Diluted): ₹10.83
Balance Sheet Position (as at September 30, 2026)
Total Assets: ₹102,468.57 lakh (vs ₹61,392.47 lakh as at March 31, 2026)
Non-Current Assets: ₹8,676.15 lakh
Current Assets: ₹93,792.42 lakh (including Inventories: ₹19,682.06 lakh, Trade Receivables: ₹14,156.26 lakh, Cash & Cash Equivalents: ₹2,651.43 lakh, Bank Balances: ₹43,663.71 lakh)
Total Equity: ₹73,883.90 lakh (vs ₹37,283.95 lakh as at March 31, 2026)
Equity Share Capital: ₹1,583.74 lakh
Other Equity: ₹72,300.16 lakh
Total Liabilities: ₹28,584.67 lakh
Non-Current Liabilities: ₹2,484.58 lakh
Current Liabilities: ₹26,100.09 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
Net Cash from Operating Activities: ₹2,340.61 lakh
Net Cash used in Investing Activities: -₹26,562.75 lakh
Net Cash from Financing Activities: ₹26,873.37 lakh
Net Increase in Cash: ₹2,651.23 lakh
Closing Cash Balance: ₹2,651.43 lakh
IPO Proceeds Utilization (as at September 30, 2026)
The company completed its Initial Public Offer (IPO) on September 16, 2026, with fresh issue of ₹30,000.00 lakh. Utilization status:
- Working capital requirements: Utilized ₹3,846.00 lakh out of ₹15,500.00 lakh allocated
- Capital Expenditure: Utilized ₹10.00 lakh out of ₹6,418.30 lakh allocated
- Issue related expenses: ₹2,532.19 lakh (fully utilized)
- General corporate purposes: ₹5,549.51 lakh (not utilized)
- Total Utilized: ₹3,856.00 lakh
- Unutilized Amount: ₹26,144.00 lakh (with ₹23,400.00 lakh invested in Fixed Deposit)
Regulatory and Compliance Details
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Limited Review Report issued by statutory auditors S S Kothari Mehta & Company (Firm Registration No. 0221SON)
- Review conducted under Standard on Review Engagement (SRE) 2410
- Audit Committee and Board approved the results on November 2, 2026
- Company operates in single reportable segment: power systems
- Joint Operation (Kanohar-BCPL JV) included with total assets of ₹1,479.94 lakh but nil revenue and profit
Auditor's Qualification
Auditors did not review the financial results for corresponding quarter and half year ended September 30, 2025, as quarterly reporting requirement became applicable from quarter ended June 30, 2026 post-listing.