Board Meeting Details

The Board of Directors meeting was held on Friday, October 30, 2026, commencing at 2:00 PM and concluding at 3:00 PM.

Key Approvals

The Board considered and approved the following:

  • Unaudited Standalone Financial Results along with Limited Review Reports for the quarter and half year ended September 30, 2026
  • The financial results were reviewed and recommended by the Audit Committee

Financial Results Overview

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from operations: ₹1,821.80 lakh (compared to ₹1,906.21 lakh in Q1 FY27 and ₹4,588.10 lakh in Q2 FY26)
  • Total income: ₹1,821.80 lakh
  • Total expenses: ₹1,802.71 lakh
  • Profit before tax: ₹19.09 lakh
  • Tax expense: ₹4.39 lakh (current tax)
  • Profit for the period: ₹14.70 lakh
  • Basic and diluted EPS: ₹0.01

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from operations: ₹3,728.01 lakh (compared to ₹7,677.28 lakh in H1 FY26)
  • Total income: ₹3,728.01 lakh
  • Total expenses: ₹3,671.51 lakh
  • Profit before tax: ₹56.50 lakh
  • Tax expense: ₹10.00 lakh (current tax)
  • Profit for the period: ₹46.50 lakh
  • Basic and diluted EPS: ₹0.04

Comparative Performance

Year-over-Year Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue declined by 60.3% from ₹4,588.10 lakh to ₹1,821.80 lakh
  • Profit before tax declined by 58.4% from ₹45.92 lakh to ₹19.09 lakh
  • Net profit declined by 60.2% from ₹36.92 lakh to ₹14.70 lakh
  • EPS declined from ₹0.03 to ₹0.01

Expense Breakdown (Q2 FY27)

  • Cost of materials consumed: ₹2,035.05 lakh
  • Employee benefit expense: ₹21.25 lakh
  • Financial costs: ₹17.48 lakh
  • Other expenses: ₹28.95 lakh
  • Changes in inventories: (₹300.02) lakh

Capital Structure

  • Paid-up equity share capital: ₹1,263.80 lakh (unchanged from previous periods)
  • Number of equity shares: 12,638,000 shares of ₹1 each

Assets and Liabilities Position (as of September 30, 2026)

Total Assets: ₹3,394.75 lakh (compared to ₹3,085.08 lakh as of March 31, 2026)

Non-Current Assets: ₹30.24 lakh

  • Property, plant and equipment: ₹20.84 lakh
  • Deferred tax assets: ₹9.40 lakh

Current Assets: ₹3,364.51 lakh

  • Inventories: ₹2,598.58 lakh
  • Trade receivables: ₹515.38 lakh
  • Cash and cash equivalents: ₹151.32 lakh
  • Other current assets: ₹99.23 lakh

Equity: ₹1,639.36 lakh

  • Equity share capital: ₹1,263.80 lakh
  • Other equity: ₹375.56 lakh

Current Liabilities: ₹1,755.39 lakh

  • Borrowings (current): ₹1,724.61 lakh
  • Other current financial liabilities: ₹11.02 lakh
  • Provisions (current): ₹19.76 lakh

Cash Flow Statement (H1 FY27)

  • Net cash flow from operating activities: (₹255.11) lakh
  • Net cash flow from investing activities: (₹2.80) lakh
  • Net cash flow from financing activities: ₹281.31 lakh
  • Net increase in cash and cash equivalents: ₹23.40 lakh
  • Closing cash balance: ₹151.32 lakh

Auditor Review

Shah Karia & Associates (ICAI Firm Registration No.: 131546W) issued a limited review report stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Additional Information

  • The company operates in a single business segment
  • Previous year's figures have been re-grouped/re-classified where necessary
  • The financial results are available on the company's website: www.kenvijewels.com