Summary of Key Information:

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

Nature of Filing / Announcement: Submission of Unaudited Financial Results under Regulation 30 and 33 of SEBI LODR Regulations

Audit Opinion:

Clean/Unmodified opinion. The statutory auditors, Rajiv Mehrotra & Associates, issued a limited review report stating: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [₹ in Lacs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹23,815.44 (vs ₹16,609.77 in Q2 FY25 - 43.4% increase)
  • Total Income: ₹23,815.44
  • Net Profit: ₹1,510.42 (vs ₹734.70 in Q2 FY25 - 105.6% increase)
  • EPS: ₹6.16 (Basic) for continuing and discontinuing operations

Half-Year Ended September 30, 2026:

  • Revenue from Operations: ₹44,564.38 (vs ₹34,833.67 in H1 FY25 - 27.9% increase)
  • Total Income: ₹44,564.38
  • Net Profit: ₹2,724.37 (vs ₹1,307.30 in H1 FY25 - 108.4% increase)
  • EPS: ₹11.11 (Basic) for continuing and discontinuing operations

Balance Sheet Position as at September 30, 2026:

  • Equity Share Capital: ₹2,457.95
  • Other Equity: ₹26,598.52
  • Cash and Cash Equivalents: ₹95.82
  • Total Debt: ₹16,261.20 (Long-term borrowings: ₹3,976.33 + Short-term borrowings: ₹12,284.87)
  • Total Assets: ₹55,410.37

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹24,022.10 (vs ₹16,655.97 in Q2 FY25 - 44.2% increase)
  • Total Income: ₹24,022.10
  • Net Profit: ₹1,606.14 (vs ₹773.15 in Q2 FY25 - 107.7% increase)
  • EPS: ₹6.54 (Basic) for continuing and discontinuing operations

Half-Year Ended September 30, 2026:

  • Revenue from Operations: ₹44,914.64 (vs ₹34,917.29 in H1 FY25 - 28.6% increase)
  • Total Income: ₹44,914.64
  • Net Profit: ₹2,774.43 (vs ₹1,377.81 in H1 FY25 - 101.4% increase)
  • EPS: ₹11.23 (Basic) for continuing and discontinuing operations

Segment-wise Performance [₹ in Lacs]:

Standalone Segment Results for Q2 September 2026:

Manufacturing Division (FIBC, Fabric, MFY etc.):

  • Segment Revenue: ₹15,919.39
  • Segment Result: ₹2,096.82

Trading Division (Granual Trading, Commission from IOCL etc.):

  • Segment Revenue: ₹7,896.05
  • Segment Result: ₹130.97

Consolidated Segment Results for Q2 September 2026:

Manufacturing Division:

  • Segment Revenue: ₹16,046.70
  • Segment Result: ₹2,137.90

Trading Division:

  • Segment Revenue: ₹7,975.40
  • Segment Result: ₹210.32

Corporate Actions:

  • No dividend declared in this announcement
  • The company completed conversion of 93,500 equity shares from warrants on August 13, 2026
  • No share warrants remain to be converted under the issue that had in-principle approval dated July 31, 2025

Other Significant Information:

Entities included in consolidation:

  • Bright Choice Ventures Private Limited (Wholly Owned Subsidiary)
  • Kanplas Earning Solutions Private Limited (Wholly Owned Subsidiary)
  • Valex Ventures Limited, UK (Partly Owned Subsidiary)
  • Essekan Private Limited (Associate Company)

Capital Expenditure:

  • Significant increase in Capital Work-in-Progress: ₹4,567.05 as of September 30, 2026 (vs ₹863.26 as of March 31, 2026)
  • Purchase of PPE & Intangible assets: ₹5,398.56 lacs during the period

Cash Flow Highlights:

  • Standalone net cash from operations: ₹621.00
  • Standalone net cash used in investing activities: ₹(5,059.46)
  • Standalone net cash from financing activities: ₹4,245.70