Board Meeting Details

The Board of Directors meeting was held on Friday, November 06, 2026, commencing at 3:30 PM and concluding at 5:30 PM. The Board considered and approved the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ending on September 30, 2026.

Financial Results Overview

Standalone Financial Performance (Quarter Ended September 30, 2026)

  • Revenue From Operations: ₹1,136.37 lakhs (compared to ₹862.01 lakhs in Q2 FY26, ₹1,030.18 lakhs in Q1 FY27)
  • Other Income: ₹35.80 lakhs
  • Total Income: ₹1,172.17 lakhs
  • Expenses: ₹1,068.34 lakhs, including:
  • Purchases of Stock-in-Trade: ₹988.51 lakhs
  • Changes in inventories: (₹19.29) lakhs
  • Employee benefits expense: ₹41.77 lakhs
  • Finance Costs: ₹5.27 lakhs
  • Depreciation and amortisation: ₹10.03 lakhs
  • Other Expenses: ₹42.05 lakhs
  • Profit before tax: ₹103.83 lakhs
  • Tax Expense: ₹43.72 lakhs (Current Tax: ₹43.28 lakhs, Deferred Tax: ₹0.44 lakhs)
  • Profit for the period: ₹60.11 lakhs
  • Earnings per share (Basic & Diluted): ₹1.76

Standalone Financial Performance (Half Year Ended September 30, 2026)

  • Revenue From Operations: ₹2,166.55 lakhs (compared to ₹1,655.54 lakhs in H1 FY26)
  • Other Income: ₹65.91 lakhs
  • Total Income: ₹2,232.46 lakhs
  • Expenses: ₹2,001.16 lakhs
  • Profit before tax: ₹231.30 lakhs
  • Tax Expense: ₹78.81 lakhs
  • Profit for the period: ₹152.49 lakhs
  • Earnings per share (Basic & Diluted): ₹4.47

Consolidated Financial Performance (Quarter Ended September 30, 2026)

  • Revenue From Operations: ₹1,136.37 lakhs
  • Other Income: ₹35.80 lakhs
  • Total Income: ₹1,172.17 lakhs
  • Expenses: ₹1,068.34 lakhs
  • Share of net profit of Associate: ₹8.60 lakhs (MKP Kataria Recycling Private Limited)
  • Profit before tax: ₹112.43 lakhs
  • Tax Expense: ₹31.96 lakhs (Current Tax: ₹31.52 lakhs, Deferred Tax: ₹0.44 lakhs)
  • Profit for the period: ₹80.47 lakhs
  • Earnings per share (Basic & Diluted): ₹2.36

Consolidated Financial Performance (Half Year Ended September 30, 2026)

  • Revenue From Operations: ₹2,166.55 lakhs
  • Other Income: ₹65.91 lakhs
  • Total Income: ₹2,232.46 lakhs
  • Expenses: ₹2,001.16 lakhs
  • Share of net profit of Associate: ₹28.82 lakhs
  • Profit before tax: ₹260.12 lakhs
  • Tax Expense: ₹67.05 lakhs
  • Profit for the period: ₹193.07 lakhs
  • Earnings per share (Basic & Diluted): ₹5.66

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

  • Total Assets: ₹42,214 lakhs
  • Non-current assets: ₹27,006 lakhs (including Property, Plant and Equipment: ₹664 lakhs, Right of use Asset: ₹115.84 lakhs, Investments: ₹13,000 lakhs)
  • Current assets: ₹15,208 lakhs (including Inventories: ₹165.30 lakhs, Trade receivables: ₹335.50 lakhs, Cash and cash equivalents: ₹82 lakhs)
  • Equity: ₹7,504.50 lakhs (Equity share capital: ₹341.10 lakhs, Other Equity: ₹7,163.50 lakhs)
  • Liabilities: ₹34,709.50 lakhs

Cash Flow Statement (Standalone Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹31.75 lakhs
  • Net cash flow from investing activities: (₹14.92) lakhs
  • Net cash flow from financing activities: (₹14.60) lakhs
  • Net increase in cash and cash equivalents: ₹2.22 lakhs
  • Cash and cash equivalents at end of period: ₹13.82 lakhs

Audit Review

The financial results were reviewed by the Audit Committee and Statutory Auditors Shah Khandelwal Jain & Associates (Firm Registration No. 142740W), who issued an unmodified review report stating the results are prepared in accordance with Ind AS 34 and SEBI Listing Regulations.

Business Segment Information

The company's business activities fall within a single primary business segment of auto components for two-wheeler and three-wheeler industry. Disclosure requirements of IND AS-108 "Operating segments" are not applicable.