Board Meeting Details

The Board of Directors meeting was held on 23rd October, 2026, Friday at the corporate office 404, Naman Centre C-31, G-Block, BKC, Bandra East, Mumbai 400051 from 05:00 p.m. to 07:40 p.m.

Key Approvals

1. The Unaudited Standalone Financial Results for the quarter and half year ended 30th September, 2026 along with Limited Review Report thereon pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Took note on Compliances made under SEBI (LODR) Regulation, 2015 for the quarter ended 30th September, 2026.

Financial Results Summary (INR in Lacs)

Quarterly Performance (Q2 FY2027 vs Q2 FY2026)
  • Revenue from operations: ₹5,170 (vs ₹5,020 in Q2 FY2026)
  • Other income: ₹19 (vs ₹29 in Q2 FY2026)
  • Total income: ₹5,189 (vs ₹5,049 in Q2 FY2026)
  • Cost of materials consumed: ₹4,050 (vs ₹3,923 in Q2 FY2026)
  • Employee benefits expense: ₹214 (vs ₹122 in Q2 FY2026)
  • Finance costs: ₹185 (vs ₹49 in Q2 FY2026)
  • Depreciation and amortisation: ₹202 (vs ₹110 in Q2 FY2026)
  • Profit before tax: ₹120 (vs ₹592 in Q2 FY2026)
  • Net profit after tax: ₹120 (vs ₹591 in Q2 FY2026)
  • Basic EPS: ₹0.11 (vs ₹0.61 in Q2 FY2026)
  • Diluted EPS: ₹0.11 (vs ₹0.51 in Q2 FY2026)
Half-Yearly Performance (H1 FY2027 vs H1 FY2026)
  • Revenue from operations: ₹10,082 (vs ₹9,973 in H1 FY2026)
  • Other income: ₹30 (vs ₹96 in H1 FY2026)
  • Total income: ₹10,112 (vs ₹10,069 in H1 FY2026)
  • Cost of materials consumed: ₹8,081 (vs ₹7,843 in H1 FY2026)
  • Employee benefits expense: ₹432 (vs ₹235 in H1 FY2026)
  • Finance costs: ₹350 (vs ₹106 in H1 FY2026)
  • Depreciation and amortisation: ₹403 (vs ₹208 in H1 FY2026)
  • Profit before tax: ₹171 (vs ₹1,358 in H1 FY2026)
  • Net profit after tax: ₹171 (vs ₹1,182 in H1 FY2026)
  • Basic EPS: ₹0.15 (vs ₹1.22 in H1 FY2026)
  • Diluted EPS: ₹0.15 (vs ₹1.01 in H1 FY2026)

Balance Sheet Position (as at 30th September 2026)

  • Total assets: ₹26,855 lacs (vs ₹24,507 lacs as at 31st March 2026)
  • Property, plant and equipment: ₹13,135 lacs
  • Capital work-in-progress: ₹2,482 lacs
  • Inventories: ₹5,073 lacs
  • Trade receivables: ₹2,884 lacs
  • Cash and cash equivalents: ₹67 lacs
  • Bank balances: ₹824 lacs
  • Equity share capital: ₹1,117 lacs (Face value ₹1 per share)
  • Other equity: ₹16,297 lacs
  • Total equity: ₹17,413 lacs
  • Borrowings (non-current): ₹3,933 lacs
  • Borrowings (current): ₹2,127 lacs
  • Trade payables: ₹2,609 lacs

Cash Flow Statement (Half Year Ended 30th September 2026)

  • Cash flow from operating activities: Negative ₹1,868 lacs
  • Cash flow from investing activities: Negative ₹842 lacs
  • Cash flow from financing activities: Positive ₹2,144 lacs
  • Net decrease in cash: ₹566 lacs
  • Proceeds from allotment of equity shares including premium: ₹2,012 lacs
  • Proceeds from borrowings: ₹482 lacs

Key Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 23rd October, 2026.

2. The results are prepared in accordance with Ind AS prescribed under Section 133 of the Companies Act, 2013.

3. Provision for DTA/DTL not considered on quarterly basis.

4. The figures for corresponding previous periods have been regrouped/reclassified for comparability.

Limited Review Report

A. Sachdev & Co., Chartered Accountants (FRN: 001307C) issued a limited review report stating that nothing has come to their attention that causes them to believe that the unaudited financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410.