Key Quantitative Figures

Standalone Financial Results (Q2 FY27):

  • Revenue from operations: ₹3,109.35 lakhs
  • Total revenue: ₹3,139.78 lakhs
  • Net profit: ₹241.43 lakhs
  • EPS (Basic): ₹2.20
  • EPS (Diluted): ₹2.20

Standalone Financial Results (H1 FY27):

  • Revenue from operations: ₹8,974.62 lakhs
  • Total revenue: ₹9,012.12 lakhs
  • Net profit: ₹649.76 lakhs
  • EPS (Basic): ₹5.92
  • EPS (Diluted): ₹5.92

Consolidated Financial Results (Q2 FY27):

  • Revenue from operations: ₹3,407.80 lakhs
  • Total revenue: ₹3,444.65 lakhs
  • Net profit: ₹254.34 lakhs
  • EPS (Basic): ₹2.32
  • EPS (Diluted): ₹2.32

Consolidated Financial Results (H1 FY27):

  • Revenue from operations: ₹9,591.37 lakhs
  • Total revenue: ₹9,634.62 lakhs
  • Net profit: ₹651.14 lakhs
  • EPS (Basic): ₹5.93
  • EPS (Diluted): ₹5.93

Dates of Action

  • Board meeting date: 06th November 2026
  • Meeting duration: 04:45 PM to 06:15 PM
  • Financial period ended: 30th September 2026
  • Trading window closure: Until 48 hours after results announcement

Parties Involved

  • Statutory Auditors: Ashish Sheth & Associates
  • Subsidiary companies: Mangalam Nutrifeeds Private Limited, Kiositech Engineering Limited, Agrileeo Agricare Private Limited, Unjha Psyllium Private Limited
  • Associate company: Sharayu Mangalam Bioseeds Private Limited
  • Purchasers: Anil Danga, Sureshkumar Sharma (for Mangalam Nutrifeeds), Ramchandra Gajanan Nake (for Sharayu Mangalam Bioseeds)

Corporate Actions Approved

1. Divestment in Mangalam Nutrifeeds Private Limited:

  • Divestment of 90% equity shareholding
  • Current holding: 100% (wholly-owned subsidiary)
  • Post-transaction holding: 10%
  • Company will cease to be a subsidiary
  • Financial contribution (FY 2025-26): Net worth (₹4.82 lakhs negative, 0.05%)
  • Not a related party transaction
  • Buyers: Anil Danga and Sureshkumar Sharma (not related to promoter/promoter group)

2. Divestment in Sharayu Mangalam Bioseeds Private Limited:

  • Divestment of entire 25% equity shareholding
  • Company will cease to hold any equity shareholding
  • Financial contribution (FY 2025-26): Turnover ₹116.11 lakhs (1.03%), Net worth (₹55.82 lakhs negative, 0.62%)
  • Not a related party transaction
  • Buyer: Ramchandra Gajanan Nake (not related to promoter/promoter group)

Financial Impact

  • Divestment consideration to be determined as per definitive agreement terms
  • Transactions subject to customary closing formalities
  • No immediate quantified financial impact disclosed

Capital Structure Impact

  • Paid-up equity share capital: ₹1,098.02 lakhs (face value ₹10 each)
  • No change in share capital from divestments
  • Change in subsidiary/associate status upon completion

Operational Highlights

  • Single reportable business segment: manufacturing, trading, producing, purchasing or selling of hybrid seeds
  • Operating primarily in India
  • Subsidiaries contribute to consolidated results with varying financial performance

Auditor Review

  • Limited review conducted by Ashish Sheth & Associates, Chartered Accountants
  • Financial results prepared in accordance with IND AS
  • No material misstatements identified during review

Additional Information

  • Board meeting commenced at 04:45 PM and concluded at 06:15 PM
  • Trading window closure in effect until 48 hours after results announcement
  • All figures in Indian Rupees lakhs except per share data
  • Previous period figures regrouped/reclassified for comparability