Board Meeting Details

The Board of Directors meeting was held on November 12, 2026, at the Registered Office from 12:10 PM to 3:36 PM. The board considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with limited review reports from statutory auditors.

Standalone Financial Results (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹7,834.03 lakh (₹78.34 crore)
  • Other Income: ₹201.99 lakh
  • Total Income: ₹8,036.03 lakh
  • Expenses: ₹7,366.30 lakh
  • Cost of Materials: ₹1,691.45 lakh
  • Employee Benefits: ₹456.26 lakh
  • Finance Costs: ₹285.24 lakh
  • Depreciation & Amortization: ₹178.61 lakh
  • Other Expenses: ₹4,842.22 lakh
  • Profit Before Tax: ₹669.73 lakh
  • Tax Expense: ₹175.18 lakh (Current Tax: ₹169.63 lakh, Deferred Tax: ₹5.55 lakh)
  • Profit After Tax: ₹494.55 lakh
  • Earnings Per Share (Basic & Diluted): ₹2.23

Standalone Financial Results (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹13,993.63 lakh
  • Other Income: ₹452.99 lakh
  • Total Income: ₹14,446.61 lakh
  • Profit Before Tax: ₹1,227.18 lakh
  • Tax Expense: ₹296.50 lakh (Current Tax: ₹307.90 lakh, Deferred Tax: ₹-11.40 lakh)
  • Profit After Tax: ₹930.68 lakh
  • Earnings Per Share (Basic & Diluted): ₹4.19

Consolidated Financial Results (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹8,602.08 lakh
  • Other Income: ₹228.29 lakh
  • Total Income: ₹8,830.37 lakh
  • Profit Before Tax: ₹673.64 lakh
  • Tax Expense: ₹175.18 lakh (Current Tax: ₹169.63 lakh, Deferred Tax: ₹5.55 lakh)
  • Share of Profit/(Loss) from Associate: ₹-3.91 lakh
  • Profit After Tax: ₹494.55 lakh
  • Earnings Per Share (Basic & Diluted): ₹2.23

Consolidated Financial Results (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹16,188.30 lakh
  • Other Income: ₹403.61 lakh
  • Total Income: ₹16,591.91 lakh
  • Profit Before Tax: ₹1,257.33 lakh
  • Tax Expense: ₹296.50 lakh (Current Tax: ₹307.90 lakh, Deferred Tax: ₹-11.40 lakh)
  • Share of Profit/(Loss) from Associate: ₹-30.16 lakh
  • Profit After Tax: ₹930.67 lakh
  • Earnings Per Share (Basic & Diluted): ₹4.19

Balance Sheet Highlights (Standalone as at September 30, 2026)

  • Total Assets: ₹37,617.10 lakh
  • Property, Plant & Equipment: ₹3,026.38 lakh
  • Investments: ₹4,261.88 lakh
  • Trade Receivables: ₹15,107.18 lakh
  • Inventories: ₹1,178.27 lakh
  • Cash & Cash Equivalents: ₹151.40 lakh
  • Total Equity: ₹21,187.42 lakh (Share Capital: ₹2,220.37 lakh, Other Equity: ₹18,967.05 lakh)
  • Borrowings: ₹9,247.35 lakh (Non-current: ₹1,062.21 lakh, Current: ₹8,185.14 lakh)
  • Trade Payables: ₹3,183.23 lakh (Micro/Small Enterprises: ₹995.53 lakh, Others: ₹2,187.70 lakh)

Cash Flow Statement (Standalone Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹1,271.30 lakh
  • Net Cash used in Investing Activities: ₹-1,456.13 lakh
  • Net Cash from Financing Activities: ₹154.12 lakh
  • Net decrease in cash: ₹-30.71 lakh
  • Cash at beginning: ₹182.11 lakh
  • Cash at end: ₹151.40 lakh

Segment Reporting (Standalone)

The company operates in two segments:

1. Major Maintenance (MMR): Q2 Revenue ₹4,786.59 lakh, Segment Result ₹504.96 lakh

2. Specialised Construction: Q2 Revenue ₹3,047.44 lakh, Segment Result ₹711.35 lakh

Associates and Joint Ventures

Consolidated results include:

  • Uniqueuhpc Markolines LLP (Associate, 26% holding): Revenue ₹1,976.68 lakh, Loss ₹116.01 lakh
  • Markolines Evrascon JV (Joint Venture, considered wholly owned): Revenue ₹2,194.67 lakh, Profit ₹79.54 lakh

Key Notes

1. Financial results reviewed by Audit Committee and approved by Board on November 12, 2026

2. Statutory auditors conducted limited review of results

3. Company adopted IndAS from FY 2025-2026

4. Segment reporting as per Ind AS-108

5. Closing balances of trade receivables, trade payables and loans & advances subject to balance confirmations

6. Paid-up equity share capital: ₹2,220.37 lakh (Face value ₹10 each)