Board Meeting Details

The Board of Directors meeting was held on October 30, 2026, at the Registered Office of the Company in Dahegam, Gujarat. The meeting commenced at 4:00 PM and concluded at 5:00 PM.

Key Decisions

1. Considered, approved and taken on record the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026.

2. Considered and approved all other business as per agenda circulated.

Financial Results Overview (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹1192.90 lakh (Q1 FY27: ₹1884.84 lakh, Q2 FY26: ₹1361.23 lakh)
  • Other Income: ₹8.44 lakh (Q1 FY27: ₹11.29 lakh, Q2 FY26: ₹24.41 lakh)
  • Total Income: ₹1201.35 lakh (Q1 FY27: ₹1896.12 lakh, Q2 FY26: ₹1385.64 lakh)
  • Total Expenses: ₹1082.15 lakh (Q1 FY27: ₹1725.55 lakh, Q2 FY26: ₹1217.46 lakh)
  • Profit Before Tax: ₹119.20 lakh (Q1 FY27: ₹170.57 lakh, Q2 FY26: ₹168.18 lakh)
  • Tax Expense: ₹38.68 lakh (Current Tax: ₹26.80 lakh, Deferred Tax: ₹11.88 lakh)
  • Net Profit: ₹80.52 lakh (Q1 FY27: ₹137.64 lakh, Q2 FY26: ₹124.85 lakh)
  • Earnings Per Share (Basic & Diluted): ₹0.75

Financial Results Overview (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹3077.74 lakh (H1 FY26: ₹2494.41 lakh)
  • Other Income: ₹19.73 lakh (H1 FY26: ₹49.23 lakh)
  • Total Income: ₹3097.48 lakh (H1 FY26: ₹2543.64 lakh)
  • Total Expenses: ₹2807.71 lakh (H1 FY26: ₹2274.50 lakh)
  • Profit Before Tax: ₹289.77 lakh (H1 FY26: ₹269.14 lakh)
  • Tax Expense: ₹71.61 lakh (Current Tax: ₹65.33 lakh, Deferred Tax: ₹6.28 lakh)
  • Net Profit: ₹218.16 lakh (H1 FY26: ₹226.17 lakh)
  • Earnings Per Share (Basic & Diluted): ₹2.02

Balance Sheet Highlights (as at September 30, 2026)

  • Total Assets: ₹8070.70 lakh (March 31, 2026: ₹9284.44 lakh)
  • Fixed Assets: ₹4356.55 lakh (Plant, Property & Equipment: ₹2675.26 lakh, Right of Use Assets: ₹430.25 lakh, Capital Work-in-Progress: ₹1222.34 lakh, Other Intangible Assets: ₹28.70 lakh)
  • Inventories: ₹2197.64 lakh (March 31, 2026: ₹2840.14 lakh)
  • Trade Receivables: ₹993.33 lakh (March 31, 2026: ₹1992.61 lakh)
  • Cash & Cash Equivalents: ₹33.17 lakh (March 31, 2026: ₹31.57 lakh)
  • Total Equity: ₹5816.43 lakh (Equity Share Capital: ₹1079.00 lakh, Other Equity: ₹4737.43 lakh)
  • Long Term Borrowings: ₹657.38 lakh (March 31, 2026: ₹292.30 lakh)
  • Short Term Borrowings: ₹399.51 lakh (March 31, 2026: ₹1479.95 lakh)
  • Trade Payables: ₹449.87 lakh (March 31, 2026: ₹987.53 lakh)

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

  • Net Cash from Operating Activities: ₹1530.04 lakh (H1 FY26: ₹861.57 lakh)
  • Net Cash Used in Investing Activities: ₹(732.29) lakh (H1 FY26: ₹(1213.38) lakh)
  • Net Cash Used in Financing Activities: ₹(796.12) lakh (H1 FY26: ₹409.24 lakh)
  • Net Increase in Cash: ₹1.62 lakh (H1 FY26: ₹(761.07) lakh)

Key Notes and Disclosures

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on October 30, 2026.

2. Statutory Auditors (A Y & Company, FRN: 020829C) conducted a limited review and issued an unmodified opinion.

3. The company operates in a single segment: manufacturing of industrial equipment.

4. No investor complaints were received/pending as of September 30, 2026.

5. The company has no subsidiaries/associates/joint ventures.

6. Financial results prepared in accordance with Ind AS and SEBI LODR Regulations.

7. Results available on company website (www.loyalequipments.com) and BSE website.