Board Meeting Details

The Board of Directors meeting was held on Friday, November 13, 2026, at 02:00 P.M. at the corporate office situated at E-201-Sec-17, Industrial Area, Kavi Nagar, Ghaziabad, Uttar Pradesh-201002. The meeting commenced at 02:00 P.M. and concluded at 5:00 P.M.

Key Approvals

The Board considered and approved the Unaudited Financial Results for the half-year ended September 30, 2026, along with the Limited Review Report of the Auditors thereon.

Financial Results Overview (Standalone)

Profit & Loss Statement (Amount in ₹ lakhs):

  • Revenue from operations: ₹13,399.46 for H1 FY27 (vs. ₹10,944.25 in H1 FY26, ₹23,161.36 in FY26)
  • Other income: ₹504.95 for H1 FY27 (vs. ₹192.11 in H1 FY26, ₹234.97 in FY26)
  • Total Income: ₹13,904.41 for H1 FY27 (vs. ₹11,136.37 in H1 FY26, ₹23,396.33 in FY26)
  • Cost of materials consumed/Purchases of Stock-in-Trade: ₹11,743.28 for H1 FY27 (vs. ₹9,896.46 in H1 FY26, ₹20,090.08 in FY26)
  • Employee benefit expense: ₹154.38 for H1 FY27 (vs. ₹136.43 in H1 FY26, ₹308.61 in FY26)
  • Finance Costs: ₹332.69 for H1 FY27 (vs. ₹265.94 in H1 FY26, ₹678.07 in FY26)
  • Depreciation & amortization expense: ₹178.10 for H1 FY27 (vs. ₹157.59 in H1 FY26, ₹350.10 in FY26)
  • Other Expenses: ₹667.10 for H1 FY27 (vs. ₹441.70 in H1 FY26, ₹1,129.73 in FY26)
  • Profit before tax: ₹909.14 for H1 FY27 (vs. ₹250.05 in H1 FY26, ₹694.19 in FY26)
  • Tax expenses: ₹210.62 for H1 FY27 (Current tax: ₹135.02, Deferred tax: ₹75.60) (vs. ₹40.35 in H1 FY26, ₹191.88 in FY26)
  • Profit after tax: ₹698.52 for H1 FY27 (vs. ₹209.70 in H1 FY26, ₹502.31 in FY26)
  • Earnings Per Share (Basic & Diluted): ₹4.92 for H1 FY27 (vs. ₹1.48 in H1 FY26, ₹3.53 in FY26)
  • Paid-up Equity Share Capital: ₹1,421.20 lakhs (14,212,000 equity shares of ₹10 each), unchanged from previous periods

Balance Sheet Position (Amount in ₹ lakhs)

As at September 30, 2026:

  • Total Assets: ₹17,843.77
  • Non-Current Assets: ₹3,948.57 (Property, Plant and Equipment: ₹3,468.09; Financial assets: ₹461.77; Other non-current assets: ₹18.72)
  • Current Assets: ₹13,895.20 (Inventories: ₹8,753.54; Trade receivables: ₹3,725.70; Cash and cash equivalents: ₹204.73; Other financial assets: ₹1,131.50; Other current assets: ₹79.73)
  • Total Equity: ₹8,811.99 (Equity share capital: ₹1,421.20; Other Equity: ₹7,390.79)
  • Non-Current Liabilities: ₹2,626.36 (Borrowings: ₹2,494.48; Provisions: ₹24.69; Deferred tax liabilities: ₹107.19)
  • Current Liabilities: ₹6,405.42 (Borrowings: ₹4,549.51; Trade payables: ₹1,441.66; Other current liabilities: ₹73.51; Provisions: ₹340.74)

Cash Flow Statement (Amount in ₹ lakhs)

For H1 FY27:

  • Net cash from operating activities: -₹401.44
  • Net cash from investing activities: ₹589.99
  • Net cash used in financing activities: ₹784.61
  • Net decrease in cash and cash equivalents: -₹11.14
  • Cash and cash equivalents at end of period: ₹204.73

Related Party Transactions

Disclosed transactions during the reporting period:

1. Remuneration to Nivedita Garg (Promoter): ₹12 lakhs

2. Remuneration to Nishant Garg (Promoter): ₹12 lakhs

3. Sale of goods/services to Rarepixel Ventures Private Limited (Company in which director has interest): ₹100 lakhs (Closing balance: ₹5.99 lakhs)

Total value of transactions during reporting period: ₹124 lakhs

Additional Information

  • The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2026.
  • Statutory Auditors (H G & CO., Chartered Accountants) carried out a Limited Review of these results in terms of Regulation 33 of SEBI (LODR) Regulations, 2015.
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS).
  • The company operates in a single business segment, hence segment reporting under Ind AS 108 is not applicable.
  • Previous period figures have been regrouped/rearranged wherever necessary for comparability.
  • The Statement of Assets and Liabilities and Cash Flow Statement for the half year are annexed.