Date: October 28, 2026

Board Meeting Outcomes

Board Meeting was held on October 15, 2026 where the Un-audited Standalone and Consolidated Financial Results for the period ended September 30, 2026 were approved and submitted to the Stock Exchange.

Regulatory Compliance Update

Company resubmitted financial results in machine-readable and searchable PDF format to comply with Exchange Circular No. NSE/CML/2018/02 dated January 16, 2018. Confirmed no change in financial figures or contents from original submission.

Financial Results (Standalone)

Quarter Ended September 30, 2026 (Unaudited)

  • Revenue from operations: ₹72.65 crore
  • Other income: ₹0.30 crore
  • Total income: ₹72.95 crore
  • Profit before tax: ₹2.96 crore
  • Tax expense: ₹0.73 crore
  • Profit after tax: ₹2.23 crore
  • Other comprehensive income: ₹(0.18) crore
  • Total comprehensive income: ₹2.05 crore
  • Basic EPS: ₹0.80 (not annualized)
  • Diluted EPS: ₹0.80 (not annualized)

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from operations: ₹54.16 crore
  • Other income: ₹0.30 crore
  • Total income: ₹54.46 crore
  • Profit/(loss) before tax: ₹(2.85) crore
  • Tax expense: ₹(0.71) crore
  • Profit/(loss) after tax: ₹(2.14) crore
  • Total comprehensive income: ₹(2.14) crore
  • Basic EPS: ₹(0.77) (not annualized)
  • Diluted EPS: ₹(0.77) (not annualized)

Quarter Ended September 30, 2025 (Unaudited)

  • Revenue from operations: ₹49.58 crore
  • Other income: ₹0.82 crore
  • Total income: ₹50.40 crore
  • Profit before tax: ₹0.58 crore
  • Tax expense: ₹0.15 crore
  • Profit after tax: ₹0.43 crore
  • Other comprehensive income: ₹(0.28) crore
  • Total comprehensive income: ₹0.15 crore
  • Basic EPS: ₹0.15 (not annualized)
  • Diluted EPS: ₹0.15 (not annualized)

Half Year Ended September 30, 2026 (Unaudited)

  • Revenue from operations: ₹126.81 crore
  • Other income: ₹0.60 crore
  • Total income: ₹127.41 crore
  • Profit before tax: ₹0.11 crore
  • Tax expense: ₹0.02 crore
  • Profit after tax: ₹0.09 crore
  • Other comprehensive income: ₹(0.18) crore
  • Total comprehensive income: ₹(0.09) crore
  • Basic EPS: ₹0.03 (not annualized)
  • Diluted EPS: ₹0.03 (not annualized)

Half Year Ended September 30, 2025 (Unaudited)

  • Revenue from operations: ₹111.62 crore
  • Other income: ₹0.95 crore
  • Total income: ₹112.57 crore
  • Profit before tax: ₹1.89 crore
  • Tax expense: ₹0.48 crore
  • Profit after tax: ₹1.41 crore
  • Other comprehensive income: ₹(0.28) crore
  • Total comprehensive income: ₹1.13 crore
  • Basic EPS: ₹0.50 (not annualized)
  • Diluted EPS: ₹0.50 (not annualized)

Year Ended March 31, 2026 (Audited)

  • Revenue from operations: ₹312.09 crore
  • Other income: ₹3.70 crore
  • Total income: ₹315.79 crore
  • Profit before exceptional items and tax: ₹18.99 crore
  • Exceptional items: ₹2.00 crore
  • Profit before tax: ₹16.99 crore
  • Tax expense: ₹4.30 crore
  • Profit after tax: ₹12.69 crore
  • Other comprehensive income: ₹(0.28) crore
  • Total comprehensive income: ₹12.41 crore
  • Basic EPS: ₹4.54
  • Diluted EPS: ₹4.54

Standalone Balance Sheet as at September 30, 2026

Assets (₹ in Crores)

  • Property, plant and equipment: ₹14.82
  • Right-of-use assets: ₹3.25
  • Capital work-in-progress: ₹0.47
  • Other intangible assets: ₹0.09
  • Intangible assets under development: ₹0.16
  • Trade receivables (non-current): ₹25.85
  • Other financial assets (non-current): ₹1.68
  • Deferred tax assets (net): ₹8.51
  • Other tax assets (net): ₹4.76
  • Other non-current assets: ₹1.52
  • Total non-current assets: ₹61.11
  • Inventories: ₹49.01
  • Trade receivables (current): ₹192.21
  • Cash and cash equivalents: ₹0.53
  • Bank balances other than cash equivalents: ₹2.03
  • Other financial assets (current): ₹1.15
  • Other current assets: ₹30.16
  • Total current assets: ₹280.29
  • Total assets: ₹345.40

Liabilities and Equity (₹ in Crores)

  • Equity share capital: ₹27.95
  • Other equity: ₹157.02
  • Total equity: ₹184.97
  • Lease liabilities (non-current): ₹0.46
  • Provisions (non-current): ₹0.99
  • Total non-current liabilities: ₹1.45
  • Borrowings (current): ₹43.15
  • Lease liabilities (current): ₹0.08
  • Trade payables:
  • Micro enterprises and small enterprises: ₹2.01
  • Other creditors: ₹95.85
  • Other financial liabilities: ₹8.96
  • Other current liabilities: ₹5.74
  • Provisions (current): ₹3.19
  • Total current liabilities: ₹158.98
  • Total liabilities: ₹160.43
  • Total equity and liabilities: ₹345.40

Standalone Cash Flow Statement

For Six Months Ended September 30, 2026 (Unaudited)

  • Net cash generated from operating activities: ₹5.17 crore
  • Net cash used in investing activities: ₹(0.82) crore
  • Net cash used in financing activities: ₹(3.85) crore
  • Net increase in cash and cash equivalents: ₹0.50 crore
  • Cash and cash equivalents at beginning: ₹0.03 crore
  • Cash and cash equivalents at end: ₹0.53 crore

Business Segment Information

The Company is engaged in the business of Precision Farming Products & Services. There is single operating segment as per Indian Accounting Standard on 'Operating Segments' (Ind AS 108).

Consolidated Financial Results

Consolidated financial results show identical figures to standalone results, indicating no material impact from the joint venture (Mahindra Top Greenhouses Private Limited) which reported no share of profit/loss.

KMP / Board Changes

No changes disclosed in Key Managerial Personnel or Board composition. Ramesh Ramachandran continues as Managing Director. Madhvendra Pratap Singh continues as Company Secretary and Compliance Officer.

Dividend Declaration

No dividend declaration mentioned in the document.