Board Meeting Details

The Board of Directors meeting was held on Friday, 06th November 2026, commencing at 3:05 PM and concluding at 3:42 PM. The board approved the Un-Audited Financial Results (Standalone & Consolidated) for the Quarter and half year ended 30th September 2026 along with Limited Review Report of the Statutory Auditors.

Standalone Financial Performance (Rs. in lakhs)

Quarter Ended 30/09/2026:

  • Total Income: ₹1,086.34
  • Revenue from Operations: ₹1,025.67
  • Other Income: ₹60.67
  • Total Expenses: ₹1,018.85
  • Profit before tax: ₹98.17
  • Tax Expense: ₹159.51
  • Net Profit/(Loss): (₹61.34)
  • Other Comprehensive Income: ₹138.18
  • Total Comprehensive Income: ₹75.54
  • Basic & Diluted EPS: (₹0.05)

Half Year Ended 30/09/2026:

  • Total Income: ₹2,273.34
  • Net Profit: ₹11.59
  • Total Comprehensive Income: ₹2,335.94
  • Basic & Diluted EPS: ₹0.01

Segment-wise Standalone Performance (Q2 FY27)

Revenue Breakdown:

  • Rent and Maintenance of immovable properties: ₹200.42 lakh
  • Manpower Services: ₹825.25 lakh
  • Income from investment activities: ₹60.67 lakh

Segment Results (Profit before tax and interest):

  • Rent and Maintenance: ₹103.18 lakh
  • Manpower Services: ₹60.85 lakh
  • Investment activity: ₹60.67 lakh
  • Total: ₹224.70 lakh

Standalone Balance Sheet (as at 30 Sep 2026)

  • Total Assets: ₹32,402.92 lakh
  • Non-current assets: ₹28,021.65 lakh
  • Current assets: ₹4,381.27 lakh
  • Equity: ₹29,482.90 lakh
  • Non-current liabilities: ₹1,866.76 lakh
  • Current liabilities: ₹1,053.26 lakh
  • Paid-up equity share capital: ₹11,207.14 lakh (Face value ₹10/- each)

Standalone Cash Flow (Half Year Ended 30 Sep 2026)

  • Net Cash from Operating activities: ₹111.17 lakh
  • Net Cash from Investing activities: (₹54.51) lakh
  • Net Cash from Financing activities: ₹10.25 lakh
  • Net Cash Flow: ₹66.91 lakh
  • Cash & Cash Equivalents at end: ₹136.99 lakh

Consolidated Financial Performance (Rs. in lakhs)

Quarter Ended 30/09/2026:

  • Total Income: ₹2,558.95
  • Revenue from Operations: ₹2,493.59
  • Other Income: ₹65.36
  • Total Expenses: ₹2,376.31
  • Profit before tax: ₹182.64
  • Tax Expense: ₹182.68
  • Net Profit/(Loss): (₹0.04)
  • Share of profit/(loss) from LLP: (₹1.29)
  • Net Profit after adjustments: (₹70.56)
  • Other Comprehensive Income: ₹470.88
  • Total Comprehensive Income: ₹400.32
  • Basic & Diluted EPS: (₹0.06)

Half Year Ended 30/09/2026:

  • Total Income: ₹5,110.04
  • Net Profit: (₹126.69)
  • Total Comprehensive Income: ₹3,489.48
  • Basic & Diluted EPS: (₹0.11)

Consolidated Balance Sheet (as at 30 Sep 2026)

  • Total Assets: ₹36,515.45 lakh
  • Non-current assets: ₹29,543.59 lakh
  • Current assets: ₹6,971.86 lakh
  • Equity: ₹30,506.83 lakh
  • Non-current liabilities: ₹4,004.66 lakh
  • Current liabilities: ₹2,003.96 lakh

Auditor's Qualification

The auditors included a qualification regarding the company's investment in redeemable cumulative preference shares of nominal value ₹10 per share aggregating to ₹22 crores in a company (resulting from merger with Walery Security Management Limited). Dividends remain unpaid since FY 2019-20. In the absence of valuation reports, the auditors are unable to assess the arm's length nature of the acquisition or the carrying value of these investments under IND AS 109 and IND AS 113, and its consequential impact on the results.

Subsidiary Information

The consolidated results include:

  • i3 Security Private Limited (Subsidiary)
  • Chitaranjan Developers LLP (Subsidiary)

Corporate Action

NCLT approved a Scheme of Amalgamation of Walery Security Management Limited with i3 Security Private Limited vide order dated 23-07-2026. The effective date is 22-08-2026 and appointed date is 01-01-2024. Consequently, figures for previous periods have been suitably restated.