Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results under Regulation 30 of SEBI LODR

Audit Opinion:

Clean/Unmodified opinion. The statutory auditors, Anjaneyulu & Co. Chartered Accountants, issued an unmodified limited review report on both standalone and consolidated financial results.

Key Financial Highlights [₹ in lakh]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹29,591.13 (41.09% YoY growth from ₹20,972.69 in Q2 FY26)
  • Total Income: ₹30,624.40
  • Net Profit: ₹2,769.41 (116.84% YoY growth from ₹1,277.40 in Q2 FY26)
  • EPS: ₹1.48 (not annualized)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹53,540.21 (40.81% YoY growth from ₹38,022.19 in H1 FY26)
  • Total Income: ₹55,571.75
  • Net Profit: ₹4,401.04 (72.05% YoY growth from ₹2,558.43 in H1 FY26)

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

  • Cash and Cash Equivalents: ₹12,905.50
  • Total Debt: ₹17,399.48 (Borrowings: ₹905.49 non-current + ₹16,493.99 current)
  • Other Equity: ₹1,38,802.32
  • Total Assets: ₹3,07,922.41

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹29,591.13
  • Total Income: ₹30,624.40
  • Net Profit: ₹2,783.80
  • EPS: ₹1.49 (not annualized)
  • Share of Joint Venture Profit: ₹14.39 (Utkarsha Aluminium Dhatu Nigam Limited)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹53,540.21
  • Total Income: ₹55,571.75
  • Net Profit: ₹4,430.56
  • Share of Joint Venture Profit: ₹29.86 (Utkarsha Aluminium Dhatu Nigam Limited)

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

  • Cash and Cash Equivalents: ₹12,905.50
  • Total Debt: ₹17,399.48
  • Other Equity: ₹1,38,949.01
  • Total Assets: ₹3,08,069.10

Segment-wise Performance:

The company is exempt from segment reporting requirements under Ministry of Corporate Affairs notification for defence production companies.

Corporate Actions:

No dividends, share splits, bonus issues, buybacks, or capital structure changes declared in this meeting.

Other Significant Information:

Joint Ventures:

  • Utkarsha Aluminium Dhatu Nigam Limited (50% JV with National Aluminium Company Limited) - Not yet started operations
  • Advanced Materials (Defence) Testing Foundation (20% JV with Bharat Dynamics Limited, Hindustan Aeronautics Limited, Yantra India Limited, and PTC Industries Limited)

Operational Highlights from Press Release:

  • Q2 FY27 Turnover: ₹295.91 crore (41.09% YoY growth)
  • Q2 FY27 Value of Production: ₹310.80 crore (21.23% YoY growth)
  • Q2 FY27 PBT: ₹38.75 crore (102.56% YoY growth)
  • Q2 FY27 PAT: ₹27.69 crore (116.84% YoY growth)
  • H1 FY27 Turnover: ₹535.40 crore (40.81% YoY growth)
  • H1 FY27 Value of Production: ₹571.15 crore (14.76% YoY growth)
  • H1 FY27 PBT: ₹62.67 crore (64.40% YoY growth)
  • H1 FY27 PAT: ₹44.01 crore (72.05% YoY growth)
  • Order Book as of October 1, 2026: ₹2,164 crore