Board Meeting Details
The Board of Directors meeting was held on Wednesday, November 04, 2026, commencing at 3:16 PM IST and concluding at 3:48 PM IST. The Board considered and approved the Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2026, under Regulation 33 of SEBI Listing Regulations.
Documents Submitted
The following documents were enclosed with the filing:
- Un-Audited Financial Results for the quarter and half year ended September 30, 2026
- Limited Review Report on the Un-Audited Financial Results for the quarter and half year ended September 30, 2026, issued by M/s. MSKA & Associates, Chartered Accountants, Statutory Auditors
Financial Results Summary (Quarter Ended September 30, 2026)
- Revenue from operations: ₹2,587.48 lakhs (compared to ₹1,852.75 lakhs in Q2 FY26)
- Other income: ₹94.79 lakhs
- Total income: ₹2,682.25 lakhs
- Total expenses: ₹2,168.92 lakhs
- Profit before tax: ₹513.33 lakhs
- Tax expense: ₹142.89 lakhs (Current tax: ₹140.26 lakhs, Deferred tax credit: ₹2.63 lakhs)
- Net profit after tax: ₹370.44 lakhs (compared to ₹286.29 lakhs in Q2 FY26)
- Basic and diluted EPS: ₹2.94 (compared to ₹2.27 in Q2 FY26)
Financial Results Summary (Half Year Ended September 30, 2026)
- Revenue from operations: ₹4,683.41 lakhs (compared to ₹3,528.46 lakhs in H1 FY26)
- Other income: ₹189.93 lakhs
- Total income: ₹4,873.34 lakhs
- Total expenses: ₹3,923.67 lakhs
- Profit before tax: ₹949.67 lakhs
- Tax expense: ₹243.45 lakhs (Current tax: ₹252.22 lakhs, Adjustment of tax relating to earlier years: ₹-0.77 lakhs, Deferred tax credit: ₹-7.77 lakhs)
- Net profit after tax: ₹706.22 lakhs (compared to ₹515.94 lakhs in H1 FY26)
- Basic and diluted EPS: ₹5.60 (compared to ₹4.09 in H1 FY26)
Balance Sheet Position (as of September 30, 2026)
- Total assets: ₹11,903.23 lakhs (compared to ₹10,334.86 lakhs as of March 31, 2026)
- Property, plant and equipment: ₹1,306.33 lakhs
- Capital work-in-progress: ₹93.90 lakhs
- Inventories: ₹2,246.74 lakhs
- Trade receivables: ₹1,520.69 lakhs
- Cash and cash equivalents: ₹6,262.38 lakhs
- Total equity: ₹9,598.31 lakhs (Equity share capital: ₹1,262.00 lakhs, Other equity: ₹8,336.31 lakhs)
- Total liabilities: ₹2,304.92 lakhs
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash generated from operations: ₹356.74 lakhs
- Income tax paid: ₹255.50 lakhs
- Net cash from operating activities: ₹101.24 lakhs
- Net cash used in investing activities: ₹51.11 lakhs (Acquisition of property, plant and equipment: ₹180.48 lakhs)
- Net cash from financing activities: ₹0.00 lakhs
- Net increase in cash and cash equivalents: ₹50.13 lakhs
Auditor's Review
MSKA & Associates conducted a limited review of the unaudited financial results in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. Based on their review, nothing came to their attention that causes them to believe that the accompanying statement prepared in accordance with Ind AS 34 contains any material misstatement or has not disclosed the information required to be disclosed in terms of the Regulations.
Additional Notes
- The company operates in a single reportable business segment comprising manufacture and sale of Thermoplastic Elastomers and Silicon-based products
- The company does not have any subsidiary, associate, or joint venture
- Previous quarter/year figures have been regrouped/reclassified where necessary to conform to current period classification
- EPS is not annualized for quarterly and year-to-date results