Board Meeting Details

The Board of Directors meeting was held on Thursday, 12 November 2026, commencing at 01:00 PM and concluding at 01:52 PM.

Matters Considered and Approved

1. Approved the Un-audited Financial Results (Standalone) of the Company for the quarter and half year ended 30 September 2026, prepared in accordance with Indian Accounting Standards (Ind-AS)

2. Considered the Limited Review Report on the Un-audited Financial Results for the quarter and half year ended 30 September 2026

Financial Results Highlights (Standalone)

Quarterly Performance (Q2 FY27 vs Q2 FY26)
  • Revenue from operations: ₹131.98 lakh (Unaudited) vs ₹4.30 lakh (Audited)
  • Other income: ₹0.00 lakh vs ₹0.00 lakh
  • Total income: ₹131.98 lakh vs ₹4.30 lakh
  • Total expenses: ₹143.31 lakh vs ₹31.43 lakh
  • Profit before tax: ₹(11.33) lakh loss vs ₹(27.13) lakh loss
  • Tax expenses: ₹0.00 lakh vs ₹1.06 lakh
  • Profit for the period: ₹(11.33) lakh loss vs ₹(28.19) lakh loss
  • Basic and diluted EPS: ₹(0.10) vs ₹(0.26)
Half-Yearly Performance (H1 FY27 vs H1 FY26)
  • Revenue from operations: ₹131.98 lakh (Unaudited) vs ₹4.30 lakh (Audited)
  • Other income: ₹0.00 lakh vs ₹11.97 lakh
  • Total income: ₹131.98 lakh vs ₹16.27 lakh
  • Total expenses: ₹148.28 lakh vs ₹61.27 lakh
  • Profit before tax: ₹(16.30) lakh loss vs ₹(44.99) lakh loss
  • Tax expenses: ₹0.00 lakh vs ₹0.96 lakh
  • Profit for the period: ₹(16.30) lakh loss vs ₹(45.96) lakh loss
  • Basic and diluted EPS: ₹(0.15) vs ₹(0.43)
Comparative Annual Performance (FY26)
  • Revenue from operations: ₹946.87 lakh (Audited)
  • Other income: ₹47.87 lakh
  • Total income: ₹994.74 lakh
  • Total expenses: ₹965.03 lakh
  • Profit before tax: ₹29.71 lakh
  • Tax expenses: ₹(0.16) lakh
  • Profit for the period: ₹29.87 lakh
  • Basic and diluted EPS: ₹0.28

Financial Position (Standalone)

As at 30 September 2026 (Unaudited) vs 31 March 2026 (Audited):

Assets
  • Total non-current assets: ₹1,410.51 lakh vs ₹1,413.11 lakh
  • Property, Plant & Equipment: ₹264.41 lakh vs ₹267.01 lakh
  • Capital Work-in-Progress: ₹587.49 lakh (unchanged)
  • Investments: ₹558.61 lakh (unchanged)
  • Total current assets: ₹1,111.97 lakh vs ₹1,405.98 lakh
  • Inventories: ₹115.58 lakh vs ₹116.65 lakh
  • Trade receivables: ₹141.89 lakh vs ₹525.80 lakh
  • Cash & cash equivalents: ₹5.81 lakh (unchanged)
  • Bank balance: ₹103.34 lakh vs ₹2.35 lakh
  • Short loans & advances: ₹711.67 lakh vs ₹722.57 lakh
  • Total assets: ₹2,522.48 lakh vs ₹2,819.09 lakh
Equity and Liabilities
  • Equity share capital: ₹1,080.00 lakh (unchanged)
  • Other equity: ₹(8.11) lakh vs ₹8.80 lakh
  • Total equity: ₹1,071.89 lakh vs ₹1,088.80 lakh
  • Non-current liabilities: ₹1,382.75 lakh vs ₹1,382.79 lakh
  • Current liabilities: ₹67.84 lakh vs ₹347.50 lakh
  • Trade payables (other than micro & small enterprises): ₹36.07 lakh vs ₹266.15 lakh
  • Other current liabilities: ₹31.77 lakh vs ₹57.36 lakh
  • Total equity and liabilities: ₹2,522.48 lakh vs ₹2,819.09 lakh

Cash Flow Statement (Standalone, Half-Year Ended 30 September 2026)

  • Cash flows from operating activities: ₹104.66 lakh
  • Cash flows from investing activities: ₹(3.60) lakh (addition of property, plant and equipment)
  • Cash flows from financing activities: ₹(0.07) lakh (payment of finance cost)
  • Net increase in cash and cash equivalents: ₹100.89 lakh

Limited Review Report

Vivek Mittal & Associates, Chartered Accountants (FRN: 005847C) 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 SRE 2410 issued by ICAI.