Company Disclosure

Financial Results Overview

Approval Date: November 12, 2026 (Board meeting held from 12:45 PM to 1:40 PM IST)

Period: Half-year ended September 30, 2026 (H1 FY27)

Comparative: Year ended March 31, 2026 (FY26)

Income Statement (Amount in ₹ lakhs)

| Particulars | H1 FY27 (Unaudited) | FY26 (Audited) |

| Revenue from Operations | 9,604.92 | 16,974.64 |

| Other Income | 0.96 | 9.50 |

| Total Income | 9,605.87 | 16,984.14 |

| Cost of Materials Consumed | 9,507.13 | 16,456.81 |

| Changes in Inventory of work in progress | -730.23 | -1,336.13 |

| Employee benefit expenses | 81.86 | 309.49 |

| Other Expenses | 441.88 | 762.91 |

| Depreciation and amortization expenses | 59.02 | 117.67 |

| Finance Costs | 111.10 | 152.49 |

| Total Expenses | 9,470.76 | 16,463.24 |

| Profit before Tax | 135.11 | 520.90 |

| Current Tax | 33.78 | 130.81 |

| Deferred tax Expense/(Income) | 0.42 | 4.29 |

| Total Tax Expenses | 34.20 | 135.10 |

| Profit after tax | 100.91 | 385.80 |

Capital Structure and Per Share Data

| Particulars | H1 FY27 | FY26 |

| Paid up Equity Share Capital (FV of ₹10/- each) | ₹1,957.24 lakh | ₹1,437.24 lakh |

| Number of Equity Shares | 19,572,400 | 14,372,400 |

| Earnings Per Equity Share (Basic) | ₹0.52 | ₹2.68 |

| Earnings Per Equity Share (Diluted) | ₹0.52 | ₹2.68 |

Balance Sheet Position as on September 30, 2026 (Amount in ₹ lakhs)

| Particulars | 30.09.2026 (Unaudited) | 31.03.2026 (Audited) |

| EQUITY AND LIABILITIES | | |

| Share Capital | 1,957.24 | 1,437.24 |

| Reserves and Surplus | 2,576.91 | 781.18 |

| Long-term borrowings | 1,151.08 | 388.05 |

| Long-term provisions | 12.21 | 11.22 |

| Deferred tax Liabilities (Net) | 46.58 | 46.16 |

| Short-term borrowings | 1,629.32 | 1,778.06 |

| Trade payables - micro/small enterprises | 194.82 | 199.02 |

| Trade payables - other creditors | 797.63 | 696.88 |

| Other current liabilities | 15.69 | 42.01 |

| TOTAL | 8,381.48 | 5,379.82 |

| ASSETS | | |

| Property, Plant and Equipment | 2,132.41 | 1,965.03 |

| Capital work-in-progress | 956.96 | 24.07 |

| Long-term loans and advances | 25.79 | 23.58 |

| Inventories | 2,117.53 | 2,546.73 |

| Trade Receivables | 843.15 | 636.88 |

| Cash and Cash equivalents | 1,063.14 | 70.65 |

| Short-term loans and advances | 642.50 | 110.96 |

| Other Current Assets | - | 1.91 |

| TOTAL | 8,381.48 | 5,379.82 |

Cash Flow Statement (Amount in ₹ lakhs)

| Particulars | H1 FY27 | FY26 |

| Cash generated from operations | 90.77 | 746.30 |

| Net income tax paid | (27.46) | (124.49) |

| Net cash from operating activities | 63.31 | 621.82 |

| Capital expenditure on fixed assets | (464.19) | (464.19) |

| Finance cost paid | (111.10) | (152.49) |

| Net decrease in Cash and cash equivalents | (511.98) | 5.14 |

| Cash and cash equivalents at period end | 1,063.14 | 70.66 |

IPO Fund Utilization

IPO Date: May 2026 (Date of Allotment)

Amount Raised: ₹2,704 lakh (including issue expenses of ₹401.86 lakh)

Net Proceeds for Utilization: ₹2,304.14 lakh

Utilization as at September 30, 2026:

| Object | Proposed (₹ lakhs) | Utilized (₹ lakhs) | Unutilized (₹ lakhs) |

| Construction of Factory | 885.00 | 308.00 | 577.00 |

| Plant & Machinery | 1,044.00 | 300.00 | 744.00 |

| General Corporate Purpose | 373.14 | 0.00 | 373.14 |

| Total | 2,304.14 | 608.00 | 1,694.14 |

Deviation/Variation: No deviation or variation in utilization of IPO proceeds

Regulatory and Compliance Matters

  • Financial results prepared in accordance with Accounting Standards prescribed under Section 133 of Companies Act, 2013
  • Company operates in single business segment (food products)
  • No exceptional or extraordinary items for the reporting period
  • Statutory auditors (Krishaan & Co., FRN: 001453S) conducted limited review as per Regulation 33
  • Audit committee and board reviewed and approved results on November 12, 2026
  • No deviation in IPO fund utilization confirmed through separate statement