Key Decisions and Financial Results

The Board of Directors meeting, which commenced at 4:00 PM and concluded at 4:30 PM on 12th November 2026, approved the following:

1. The unaudited financial results of the Company for the quarter and half year ended 30th September 2026.

2. Took on record the Statement of Grievance Redressal Mechanism for the quarter ended 30.09.2026.

The statutory auditors, P.L. Tandon & Co., conducted a limited review of the quarterly financial results and issued a report with no adverse remarks.

Financial Performance (All figures in ₹ Lakhs)

Quarter Ended 30th September 2026 (Q2 FY27):

  • Revenue from Operations: ₹22.59
  • Other Income: ₹4.59
  • Total Revenue: ₹27.18
  • Total Expenses: ₹15.00
  • Profit Before Tax: ₹12.18
  • Tax Expense: ₹3.09
  • Net Profit: ₹9.09
  • Earnings Per Share (EPS): ₹1.43

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

  • Revenue from Operations: ₹42.73
  • Other Income: ₹8.84
  • Total Revenue: ₹51.57
  • Total Expenses: ₹28.37
  • Profit Before Tax: ₹23.20
  • Tax Expense: ₹6.71
  • Net Profit: ₹17.49
  • Earnings Per Share (EPS): ₹2.06

Comparative Performance (YoY Growth):

  • Q2 Revenue increased 51.1% from ₹14.95 lakh in Q2 FY26 to ₹22.59 lakh in Q2 FY27.
  • Q2 Net Profit increased 58.9% from ₹5.72 lakh in Q2 FY26 to ₹9.09 lakh in Q2 FY27.
  • H1 Revenue increased 44.8% from ₹29.52 lakh in H1 FY26 to ₹42.73 lakh in H1 FY27.
  • H1 Net Profit increased 69.3% from ₹10.33 lakh in H1 FY26 to ₹17.49 lakh in H1 FY27.

Balance Sheet Position (as at 30.09.2026)

  • Total Assets: ₹402.67 Lakhs (vs. ₹375.56 Lakhs on 31.03.2026)
  • Equity Share Capital: ₹85.01 Lakhs (Face Value ₹10 each)
  • Reserves and Surplus: ₹242.23 Lakhs
  • Total Equity: ₹330.24 Lakhs
  • Non-Current Assets: ₹214.77 Lakhs (includes Property, Plant & Equipment: ₹52.77 Lakhs and Bank Balance: ₹162.00 Lakhs)
  • Current Assets: ₹187.90 Lakhs (includes Cash & Cash Equivalents: ₹10.96 Lakhs and Bank Balances: ₹93.23 Lakhs)

Cash Flow Statement (H1 FY27)

  • Net Cash from Operating Activities: ₹17.07 Lakhs
  • Net Cash used in Investing Activities: (₹13.20) Lakhs
  • Net Cash from Financing Activities: ₹0.00 Lakhs
  • Net Increase in Cash & Equivalents: ₹3.87 Lakhs
  • Closing Cash & Cash Equivalents: ₹10.96 Lakhs

Contingent Liability - VAT Demand Notice

The company received a Value Added Tax (VAT) demand notice amounting to ₹29.88 Lakh for the Financial Year 2017-18. An amount of ₹27.82 Lakh has been adjusted against the available Input Tax Credit (ITC) in the Electronic Credit Ledger. The Management has filed an appeal against the demand before the appellate authority. Consequently, no provision has been recognized in the financial statements for this demand.

Notes

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 12.11.2026.
  • Previous period figures have been regrouped/restated for comparability.