MISH DESIGNS LIMITED

Financial Results (Standalone)

Profit & Loss Statement (H1 FY27):

  • Revenue from operations: ₹805.12 lakh
  • Other income: ₹5.27 lakh
  • Total revenue: ₹810.39 lakh
  • Total expenses: ₹808.02 lakh
  • Profit before tax: ₹2.38 lakh
  • Tax expenses: Nil
  • Net profit for the period: ₹2.38 lakh
  • Basic EPS: ₹0.07
  • Diluted EPS: ₹0.07

Comparative Figures:

  • H1 FY26: Net profit of ₹17.06 lakh
  • FY26: Net loss of ₹107.05 lakh
  • FY25: Net profit of ₹88.99 lakh

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

Equity & Liabilities: ₹2,773.44 lakh

  • Share capital: ₹353.39 lakh (increased from ₹318.30 lakh as of March 31, 2026)
  • Reserves & surplus: ₹1,520.05 lakh (increased from ₹1,352.76 lakh)
  • Money received against share warrants: ₹22.50 lakh (new item)
  • Short-term borrowings: ₹289.51 lakh (decreased from ₹690.57 lakh)

Assets: ₹2,772.58 lakh

  • Inventories: ₹1,279.89 lakh (decreased from ₹1,433.68 lakh)
  • Trade receivables: ₹936.84 lakh (increased from ₹776.86 lakh)
  • Cash & cash equivalents: ₹75.87 lakh (increased from ₹51.28 lakh)
  • Short-term loans & advances: ₹346.63 lakh (increased from ₹223.01 lakh)

Cash Flow Statement (Standalone H1 FY27)

  • Net cash from operating activities: ₹239.94 lakh
  • Net cash used in investing activities: ₹(21.14) lakh
  • Net cash used in financing activities: ₹(193.35) lakh
  • Net increase in cash: ₹25.45 lakh

Preferential Allotment Details

The company allotted 2,63,160 Equity Shares and 2,45,615 Warrants convertible into Equity Shares at an issue price of ₹57 per share (face value ₹10, premium ₹47) through preferential issue approved on June 5, 2026.

Proceeds Received:

  • Equity shares: ₹150.00 lakh (100% received)
  • Warrants: ₹35.00 lakh (25% received)
  • Subsequent warrant conversion: 87,720 warrants converted to equity shares upon receipt of balance 75% amounting to ₹37.50 lakh
  • Total proceeds received up to September 30, 2026: ₹222.50 lakh

Utilization of Proceeds:

  • Working capital requirement: ₹166.87 lakh (100% utilized)
  • General corporate purposes: ₹55.63 lakh (100% utilized)
  • No deviation from stated objectives

Consolidated Financial Results

Profit & Loss Statement (H1 FY27):

  • Revenue from operations: ₹686.61 lakh
  • Other income: ₹5.27 lakh
  • Total revenue: ₹691.89 lakh
  • Total expenses: ₹666.23 lakh
  • Profit before tax: ₹17.69 lakh
  • Less: Pre-acquisition profit of subsidiary: ₹7.96 lakh
  • Profit before tax after adjustment: ₹17.69 lakh
  • Tax expenses: Nil
  • Net profit for the period: ₹17.69 lakh
  • Less: Profit attributable to minority interest: ₹36.12 lakh
  • Net loss attributable to owners: ₹(18.43) lakh
  • Basic EPS: ₹(0.52)
  • Diluted EPS: ₹(0.52)

Subsidiary Information

The consolidated results include I'Designs Fashions Private Limited, acquired as a subsidiary. Goodwill on consolidation of ₹8.37 lakh recognized. Minority interest of ₹44.12 lakh appears on the balance sheet.

Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 11, 2026 (3:00 PM to 3:35 PM). Dinesh Iain & Co., Chartered Accountants issued limited review reports confirming no material misstatements in both standalone and consolidated results.

Additional Information

  • The company has only one reportable business segment
  • Financial results are available on company website: https://mishindia.com/investor-relations/
  • The statements were prepared in accordance with Indian Accounting Standards