Financial Performance Highlights

Standalone Results (Q2 FY27 vs Q2 FY26):

  • Net Profit After Tax: ₹8.42 lakh (down 72% from ₹59.33 lakh in Q2 FY26)
  • Total Income: ₹479.72 lakh (compared to ₹482.08 lakh in Q2 FY26)
  • Finance Costs: ₹453.62 lakh (up 17% from ₹387.95 lakh in Q2 FY26)
  • Basic EPS: ₹0.42 (down from ₹2.98 in Q2 FY26)

Standalone Results (H1 FY27 vs H1 FY26):

  • Net Profit After Tax: ₹32.89 lakh (down 71% from ₹113.60 lakh in H1 FY26)
  • Total Income: ₹957.85 lakh (up 8.4% from ₹883.42 lakh in H1 FY26)
  • Finance Costs: ₹892.16 lakh (up 28% from ₹696.78 lakh in H1 FY26)
  • Basic EPS: ₹1.55 (compared to negative ₹10.80 in H1 FY26)

Consolidated Results (Q2 FY27):

  • Profit after tax and share in Profit of Associates: ₹11.52 lakh
  • Share of Profits from Associates: ₹3.10 lakh
  • Basic EPS: ₹0.58

Consolidated Results (H1 FY27):

  • Profit after tax and share in Profit of Associates: ₹38.59 lakh
  • Share of Profits from Associates: ₹5.70 lakh
  • Basic EPS: ₹1.94

Key Financial Metrics

Income Breakdown (Standalone Q2 FY27):

  • Interest Income: ₹480.63 lakh
  • Dividend Income: ₹0.34 lakh
  • Net Gain on Fair Value Changes: ₹0.17 lakh
  • Other Income: ₹(1.42) lakh

Balance Sheet Position (Standalone as of September 30, 2026):

  • Total Assets: ₹33,517.55 lakh
  • Financial Assets: ₹33,298.80 lakh (including Loans: ₹23,453.50 lakh, Investments: ₹9,751.52 lakh)
  • Cash and Cash Equivalents: ₹91.10 lakh (down from ₹766.80 lakh as of March 31, 2026)
  • Borrowings: ₹18,700.00 lakh (up from ₹17,500.00 lakh as of March 31, 2026)
  • Equity: ₹14,709.50 lakh

Cash Flow (Standalone H1 FY27):

  • Net Cash Flow from Operating Activities: ₹(4.88) lakh
  • Net Cash from Investing Activities: ₹(1,870.82) lakh
  • Net Cash from Financing Activities: ₹1,200.00 lakh
  • Net Decrease in Cash: ₹(675.70) lakh

Operational Context

The company is primarily engaged in Finance & Investment activities with no separate reportable segments as per Ind AS 108. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 4, 2026.

Auditor Review

M/s VRSK & Co LLP, Statutory Auditors of the Company, carried out a limited review of both standalone and consolidated results and issued unmodified opinions. The review was conducted in accordance with SRE 2410 issued by ICAI.

Consolidated Entities

The consolidated results include Meenakshi Steel Industries Limited and Sushree Trading Limited. The associate company contributed ₹5.70 lakh share of profit for H1 FY27.

Capital Structure

Paid-up equity share capital remained unchanged at ₹199.20 lakh (Face Value ₹10 per share) across all periods presented.