Board Meeting Details

The Board of Directors meeting was held on November 7, 2026, commencing at 11:15 AM and concluding at 1:00 PM. The meeting approved:

  • Unaudited Standalone and Consolidated Financial Results for quarter and half year ended September 30, 2026
  • Segment-wise results, Statement of Assets and Liabilities, and Cash Flow Statement for the half year
  • Noted the Limited Review Reports issued by statutory auditors M/s. Bhavani & Co.

Financial Results Summary

Standalone Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹2,495.75
  • Other Income: ₹9.89
  • Total Income: ₹2,505.64
  • Total Expenses: ₹2,140.86
  • Profit Before Tax: ₹364.78
  • Profit After Tax: ₹364.78
  • Basic EPS: ₹0.12 (face value ₹2 each)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹3,724.69
  • Other Income: ₹31.47
  • Total Income: ₹3,756.16
  • Total Expenses: ₹3,215.97
  • Profit Before Tax: ₹540.19
  • Profit After Tax: ₹540.19
  • Basic EPS: ₹0.18 (face value ₹2 each)

Consolidated Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹9,100.72
  • Other Income: ₹46.40
  • Total Income: ₹9,147.12
  • Total Expenses: ₹8,686.87
  • Profit Before Tax: ₹460.25
  • Profit After Tax: ₹460.25
  • Basic EPS: ₹0.15 (face value ₹2 each)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹13,472.67
  • Other Income: ₹67.98
  • Total Income: ₹13,540.65
  • Total Expenses: ₹12,867.20
  • Profit Before Tax: ₹673.45
  • Profit After Tax: ₹673.45
  • Basic EPS: ₹0.23 (face value ₹2 each)

Capital Structure

As of September 30, 2026:

  • Paid-up Equity Share Capital: ₹595.77 lakh (59,577,000 shares of ₹2 each)
  • Previous period (March 31, 2026): ₹482.02 lakh

Subsidiary Information

The Consolidated Financial Results include:

  • Wholly owned subsidiaries: SOA Electronics Trading LLC, Dubai (with subsidiary Cellular Galaxy Electronics LLC) and MICK Digital India Limited
  • Subsidiary: NEO SEMI SG PTE. LTD., Singapore (59% stake acquired through share swap effective September 4, 2026) with subsidiaries RST Fuel Delivery Private Limited and Recellio Trading LLC

Segment Information

Standalone Segments (₹ in Lakhs)

Q2 FY2027 Revenue:

  • LED Products: ₹2,495.75
  • Medical and other appliances: ₹0
  • Automobiles: ₹0

Q2 FY2027 Segment Profit Before Tax:

  • LED Products: ₹489.14
  • Medical and other appliances: (₹0.55)
  • Automobiles: ₹0

Consolidated Segments (₹ in Lakhs)

Q2 FY2027 Revenue:

  • LED Products: ₹2,501.73
  • Medical and other appliances: ₹0
  • Automobiles: ₹0
  • Electrical & Electronics, Spare parts trading: ₹6,557.89
  • Wholesale Trading of Commodities and Trade Commission Activities: ₹41.15

Q2 FY2027 Segment Profit Before Tax:

  • LED Products: ₹493.50
  • Medical and other appliances: (₹0.55)
  • Automobiles: ₹0
  • Electrical & Electronics, Spare parts trading: ₹88.04
  • Wholesale Trading of Commodities and Trade Commission Activities: (₹32.14)

Assets and Liabilities Position (₹ in Lakhs)

Standalone as of September 30, 2026:

  • Total Assets: ₹56,187.36
  • Total Equity: ₹44,910.45
  • Non-current liabilities: ₹1,473.29
  • Current liabilities: ₹9,803.62

Consolidated as of September 30, 2026:

  • Total Assets: ₹82,558.88
  • Total Equity: ₹47,377.70
  • Non-current liabilities: ₹2,985.80
  • Current liabilities: ₹32,195.38

Auditor Review

M/s. Bhavani & Co., Statutory Auditors, issued clean Limited Review Reports for both standalone and consolidated financial results, stating no material misstatements were found and the results comply with Ind AS 34 and SEBI LODR requirements.

Additional Notes

  • The Group has five segments: LED Products, Medical and other appliances, Automobile, Electrical & Electronics/Spare parts trading, and Wholesale Trading of Commodities/Trade Commission Activities
  • Figures for Q2 FY2027 are balancing figures between H1 FY2027 and published Q1 FY2027 figures
  • The Audit Committee reviewed the results on November 7, 2026