Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Unaudited Financial Results

Audit Opinion:

Limited Review Report issued by Talati & Talati LLP, Chartered Accountants (FRN No. 110758WW100377). The review concluded that nothing came to their attention causing them to believe the statement contains material misstatement. The report is not modified but includes an emphasis of matter.

Key Financial Highlights [Amount in Rs. Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: 5,741.77 (vs. 8,491.85 in Q1 FY26, -32.4% QoQ; vs. 6,251.65 in Q2 FY25, -8.2% YoY)
  • Total Income: 5,744.14
  • Net Profit: 370.65 (vs. 1,051.99 in Q1 FY26, -64.8% QoQ; vs. 271.38 in Q2 FY25, +36.6% YoY)
  • EPS: ₹0.33 (Basic and Diluted)

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

  • Revenue from Operations: 14,233.63 (vs. 13,925.36 in H1 FY25, +2.2% YoY)
  • Total Income: 14,236.54
  • Net Profit: 476.64 (vs. 386.48 in H1 FY25, +23.3% YoY)
  • EPS: ₹0.42 (Basic and Diluted)

Standalone Balance Sheet (as at September 30, 2026):

  • Total Assets: 30,760.92 (vs. 24,891.63 as at March 31, 2026)
  • Equity Share Capital: 11,307.03 (vs. 1,027.91 as at March 31, 2026) [Increased due to bonus issue]
  • Other Equity: 4,546.34 (vs. 14,857.64 as at March 31, 2026)
  • Total Equity: 15,853.37
  • Cash and Cash Equivalents: 1,628.79 (vs. 113.94 as at March 31, 2026)
  • Inventories: 13,269.37 (includes seized raw material)
  • Trade Receivables: 6,706.69
  • Borrowings (Non-current): 2,790.32
  • Trade Payables: 6,471.01
  • Current Tax Liability: 930.93

Consolidated Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: 6,126.73 (vs. 9,198.08 in Q1 FY26, -33.4% QoQ; vs. 6,485.96 in Q2 FY25, -5.5% YoY)
  • Total Income: 6,129.10
  • Net Profit: 623.98 (vs. 446.19 in Q1 FY26, +39.8% QoQ; vs. 252.15 in Q2 FY25, +147.5% YoY)
  • Attributable to Owners: 577.54
  • Attributable to Non-Controlling Interest: 46.44
  • EPS: ₹0.55 (Basic and Diluted)

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

  • Revenue from Operations: 15,324.81 (vs. 14,732.45 in H1 FY25, +4.0% YoY)
  • Total Income: 15,327.72
  • Net Profit: 1,070.18 (vs. 660.98 in H1 FY25, +61.9% YoY)
  • Attributable to Owners: 961.31
  • Attributable to Non-Controlling Interest: 108.86
  • EPS: ₹0.95 (Basic and Diluted)

Consolidated Balance Sheet (as at September 30, 2026):

  • Total Assets: 29,991.72 (vs. 26,060.72 as at March 31, 2026)
  • Equity Share Capital: 11,307.03 (vs. 1,027.91 as at March 31, 2026)
  • Other Equity: 7,163.94 (vs. 17,045.58 as at March 31, 2026)
  • Total Equity: 18,647.91
  • Non-Controlling Interest: 176.94
  • Cash and Cash Equivalents: 1,708.97 (vs. 138.57 as at March 31, 2026)
  • Inventories: 13,375.32
  • Trade Receivables: 6,785.48
  • Borrowings (Non-current): 2,791.64
  • Trade Payables: 6,471.01
  • Current Tax Liability: 1,223.88

Segment-wise Performance:

The company is engaged primarily in the business of Manufacturing of Bio Diesel and all its operations are in India only. Accordingly, there is no separate reportable segment as per Ind AS 108.

Corporate Actions:

  • During the June Quarter (Q1 FY26), the company issued 10,27,91,160 fully paid-up equity shares of ₹10 each as bonus shares in the ratio of 10:1.
  • Consequently, the EPS for all comparative periods has been retrospectively restated.
  • During the June Quarter, the company disposed of its share in two Limited Liability Partnerships (LLPs), namely Asia Bio Fuels LLP and Parth Renewable Energy LLP, at the same value as the carrying cost of investment.
  • With effect from April 1, 2026, the company ceased to be a partner in Asia Bio Fuels LLP and Parth Renewable Energy LLP (in which it held 55% partnership interest) and consequently ceased to have control. Their results are not consolidated from that date.

Other Significant Information:

  • The company has subsidiaries: Kotyark Agro Private Limited (Wholly Owned), Semani Industries Limited (Wholly Owned), and Kotyark Bio Specialities Limited (Subsidiary).
  • Subsidiary performance for Q2 FY27:
  • Kotyark Agro Private Limited: Revenue Nil, Net Loss ₹0.06 lakhs
  • Semani Industries Limited: Revenue Nil, Net Loss ₹0.05 lakhs
  • Kotyark Bio Specialities Limited: Revenue ₹384.96 lakhs, Net Profit ₹253.31 lakhs
  • Capital Work in Progress (Consolidated): ₹1,062.22 lakhs (vs. ₹1,339.57 lakhs as at March 31, 2026)