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.