Financial Performance Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹54.52 crore (Q2 FY27) vs ₹43.12 crore (Q2 FY26) - 26.4% increase
  • Other Income: ₹1.98 crore (Q2 FY27) vs ₹1.78 crore (Q2 FY26)
  • Total Income: ₹56.51 crore (Q2 FY27) vs ₹44.91 crore (Q2 FY26)
  • Profit before tax: ₹5.52 crore profit (Q2 FY27) vs ₹0.74 crore loss (Q2 FY26)
  • Tax expense: ₹2.26 crore (Q2 FY27) vs ₹0.21 crore tax benefit (Q2 FY26)
  • Net profit: ₹3.26 crore (Q2 FY27) vs ₹0.52 crore loss (Q2 FY26)
  • Basic EPS: ₹4.12 (Q2 FY27) vs ₹(0.66) (Q2 FY26)

Half-Year Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹102.58 crore (H1 FY27) vs ₹81.22 crore (H1 FY26)
  • Total Income: ₹106.18 crore (H1 FY27) vs ₹84.88 crore (H1 FY26)
  • Profit before tax: ₹10.65 crore profit (H1 FY27) vs ₹1.38 crore loss (H1 FY26)
  • Tax expense: ₹3.75 crore (H1 FY27) vs ₹0.40 crore tax benefit (H1 FY26)
  • Net profit: ₹6.90 crore (H1 FY27) vs ₹0.98 crore loss (H1 FY26)
  • Basic EPS: ₹8.71 (H1 FY27) vs ₹(1.23) (H1 FY26)

Balance Sheet Position (as at 30 September 2026)

  • Total Assets: ₹128.53 crore (vs ₹123.65 crore as at 31 March 2026)
  • Equity: ₹25.32 crore (vs ₹18.42 crore as at 31 March 2026)
  • Non-current liabilities: ₹31.27 crore (vs ₹32.38 crore as at 31 March 2026)
  • Current liabilities: ₹71.93 crore (vs ₹72.84 crore as at 31 March 2026)
  • Inventories: ₹37.26 crore (vs ₹30.33 crore as at 31 March 2026)
  • Trade receivables: ₹12.98 crore (vs ₹12.39 crore as at 31 March 2026)
  • Cash and cash equivalents: ₹3.87 crore (vs ₹3.19 crore as at 31 March 2026)

Cash Flow Statement (Half Year ended 30 September 2026)

  • Net cash from operating activities: ₹3.63 crore (vs ₹11.89 crore in H1 FY26)
  • Net cash used in investing activities: ₹(1.54) crore (vs ₹1.64 crore inflow in H1 FY26)
  • Net cash used in financing activities: ₹(1.41) crore (vs ₹(13.44) crore in H1 FY26)
  • Net increase in cash: ₹0.68 crore (vs ₹0.10 crore in H1 FY26)

Key Operational Metrics

  • Employee benefits expense: ₹4.22 crore (Q2 FY27), ₹8.03 crore (H1 FY27)
  • Finance costs: ₹2.10 crore (Q2 FY27), ₹4.19 crore (H1 FY27)
  • Depreciation: ₹1.54 crore (Q2 FY27), ₹3.04 crore (H1 FY27)
  • Cost of materials consumed: ₹31.99 crore (Q2 FY27), ₹60.78 crore (H1 FY27)

Tax Regime Change

Pursuant to the Finance Act, 2026, the company adopted the concessional tax regime under Section 200 of the Income Tax Act, 2025 effective from Tax Year 2026-27. This reduced the applicable tax rate to 25.17% from the earlier rate of 29.12% and provides exemption from MAT. Consequently, the company remeasured its deferred tax assets/liabilities using the reduced tax rate, with the impact recognized in the Statement of Profit and Loss.