Nature of the Disclosure
Regulatory filing pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the outcome of a Board of Directors meeting.
Key Quantitative Figures and Dates
The Board of Directors meeting was held on 14th November 2026, commencing at 11:00 a.m. and concluding at 12:45 p.m.
The Board approved and took on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September 2026.
Standalone Financial Highlights (Q2 FY2026):
- Total Revenue: ₹2,608.42 Lakhs
- Profit Before Tax: ₹28.51 Lakhs
- Profit After Tax: ₹28.51 Lakhs
- Earnings Per Share (Basic & Diluted): ₹0.01
Standalone Financial Highlights (H1 FY2026):
- Total Revenue: ₹4,368.63 Lakhs
- Profit Before Tax: ₹109.93 Lakhs
- Profit After Tax: ₹109.93 Lakhs
- Earnings Per Share (Basic & Diluted): ₹0.05
Consolidated Financial Highlights (Q2 FY2026):
- Total Revenue: ₹4,313.92 Lakhs
- Profit Before Tax: ₹523.94 Lakhs
- Profit After Tax: ₹523.94 Lakhs
- Earnings Per Share (Basic & Diluted): ₹0.26
Consolidated Financial Highlights (H1 FY2026):
- Total Revenue: ₹6,168.82 Lakhs
- Profit Before Tax: ₹278.32 Lakhs
- Profit After Tax: ₹278.32 Lakhs
- Earnings Per Share (Basic & Diluted): ₹0.14
Paid-up Equity Share Capital: ₹2,009.97 Lakhs (Face Value ₹1 per share) for all periods presented.
Parties Involved
The financial results include the consolidation of a subsidiary:
- Solitaire Constructions Private Limited (CIN: U45202PN2003PTC018306)
The subsidiary contributed materially to the group, with H1 FY2026 revenues of ₹1,799.05 Lakhs and a net profit of ₹168.38 Lakhs. Its financial statements were not reviewed by the subsidiary's auditors or the group's auditor.
The statutory auditor for the company is Shakirali S Bojagar & Co. (FRN: 140392W), who issued a limited review report with an unmodified opinion on the results.
Segment-Wise Performance (H1 FY2026 - Consolidated)
Revenue:
- Textiles: ₹3,665.98 Lakhs
- Hydro Power: ₹702.65 Lakhs
- Other Construction: ₹1,800.19 Lakhs
Results (Profit/Loss before tax & interest):
- Textiles: Loss of ₹449.52 Lakhs
- Hydro Power: Profit of ₹576.72 Lakhs
- Other Construction: Profit of ₹215.40 Lakhs
Assets and Liabilities (Standalone as of 30.09.2026)
Total Assets: ₹19,780.85 Lakhs
- Non-Current Assets: ₹6,952.06 Lakhs (incl. Property, Plant & Equipment: ₹5,930.66 Lakhs)
- Current Assets: ₹12,828.79 Lakhs (incl. Inventories: ₹4,763.31 Lakhs; Trade Receivables: ₹3,442.36 Lakhs)
Total Equity and Liabilities: ₹19,780.85 Lakhs
- Total Equity: ₹10,604.74 Lakhs
- Total Liabilities: ₹9,176.11 Lakhs (Non-Current: ₹5,500.65 Lakhs; Current: ₹3,675.46 Lakhs)
Cash Flow Statement (H1 FY2026 - Standalone)
- Net Cash from Operating Activities: ₹165.94 Lakhs
- Net Cash from Investing Activities: ₹0.00
- Net Cash from Financing Activities: -₹19.50 Lakhs
- Net Increase in Cash: ₹136.44 Lakhs
Notes
1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
2. Figures for previous periods have been re-grouped/reclassified where necessary to conform to the current year's presentation.