Financial Performance Highlights

Quarter Ended September 30, 2026 (Unaudited):

  • Total Income: ₹45.28 lakh
  • Total Expenses: ₹47.39 lakh
  • Loss Before Tax: ₹2.11 lakh
  • Net Loss for the Period: ₹3.96 lakh
  • Other Comprehensive Income: ₹0.18 lakh
  • Total Comprehensive Income: ₹3.78 lakh loss
  • Basic EPS: ₹(0.06)
  • Diluted EPS: ₹(0.03)

Half Year Ended September 30, 2026 (Unaudited):

  • Total Income: ₹83.19 lakh
  • Total Expenses: ₹85.41 lakh
  • Loss Before Tax: ₹2.22 lakh
  • Net Loss for the Period: ₹4.24 lakh
  • Other Comprehensive Income: ₹0.36 lakh
  • Total Comprehensive Income: ₹3.88 lakh loss
  • Basic EPS: ₹(0.06)
  • Diluted EPS: ₹(0.03)

Segment-wise Performance (Q2 FY2026)

The company operates in two segments:

1. Manufacturing of Roto Gravure Printing Cylinder: No revenue reported

2. Power Generation - Wind Farm: Revenue of ₹11.08 lakh

3. Other Income: ₹34.20 lakh

Segment Results:

  • Power Generation segment loss: ₹10.04 lakh
  • Other Income segment profit: ₹8.77 lakh
  • Total segment result: ₹1.27 lakh loss

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹3,506.85 lakh
  • Non-current assets: ₹265.46 lakh
  • Current assets: ₹3,241.39 lakh
  • Equity: ₹3,410.93 lakh
  • Share capital: ₹700.00 lakh
  • Other equity: ₹2,710.93 lakh
  • Liabilities: ₹95.92 lakh
  • Non-current liabilities: ₹23.82 lakh
  • Current liabilities: ₹72.10 lakh

Cash Flow Statement (H1 FY2026)

  • Net cash used in operating activities: ₹556.45 lakh
  • Net cash from investing activities: ₹71.76 lakh
  • Net cash from financing activities: ₹660.30 lakh
  • Net increase in cash: ₹175.61 lakh
  • Cash and cash equivalents at end: ₹176.24 lakh

Corporate Developments

1. Management Change: New management and Board took charge effective August 27, 2026

2. Managing Director Appointment: Mr. Jagdish Dholu appointed as Managing Director effective August 27, 2026 (DIN: 06683968)

3. Auditor Change: M/s. Ashok Dhariwal & Co. resigned effective August 27, 2026; M/s. B K Patel & Co. appointed effective same date

4. Name Change: Company name changed from "Lippi Systems Limited" to "Nilkanth Resources Limited" effective October 13, 2026

5. Share Warrants: 65,00,000 share warrants issued on preferential basis during previous year at ₹56.84 per warrant remain outstanding with no conversions during the period

Additional Information

  • Previous period figures have been re-grouped/re-arranged where necessary
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Results available on company website (www.lippisystems.com) and BSE website