Key Quantitative Figures

Standalone Financials (Quarter ended 30 September 2026):

  • Revenue from Operations: ₹16,881.77 lakhs
  • Other Income: ₹590.47 lakhs
  • Total Income: ₹17,472.24 lakhs
  • Profit Before Tax: ₹4,718.15 lakhs
  • Tax Expense: ₹1,191.17 lakhs (Current Tax)
  • Net Profit: ₹3,717.27 lakhs
  • Basic & Diluted EPS: ₹40.94

Standalone Financials (Half Year ended 30 September 2026):

  • Revenue from Operations: ₹30,968.70 lakhs
  • Other Income: ₹957.52 lakhs
  • Total Income: ₹31,926.22 lakhs
  • Profit Before Tax: ₹8,107.01 lakhs
  • Net Profit: ₹6,236.51 lakhs
  • Basic & Diluted EPS: ₹68.69

Consolidated Financials (Quarter ended 30 September 2026):

  • Revenue from Operations: ₹16,881.77 lakhs
  • Profit from Continuing Operations (after tax): ₹3,613.57 lakhs
  • Loss from Discontinued Operations (after tax): ₹(22.07) lakhs
  • Total Net Profit: ₹3,591.50 lakhs
  • Basic & Diluted EPS from Continuing Operations: ₹39.80
  • Basic & Diluted EPS from Discontinued Operations: ₹(0.24)
  • Total Basic & Diluted EPS: ₹39.57

Balance Sheet (Standalone as at 30 September 2026):

  • Total Assets: ₹63,763.43 lakhs
  • Total Equity: ₹55,089.07 lakhs
  • Paid-up Equity Share Capital: ₹907.92 lakhs

Cash Flow (Standalone H1 FY27):

  • Net Cash from Operating Activities: ₹2,138.68 lakhs
  • Net Cash Used in Investing Activities: ₹(1,287.04) lakhs
  • Net Cash Used in Financing Activities: ₹(676.58) lakhs

Dates of Action

  • Board Meeting Date: 30 October 2026
  • Meeting Time: 02:00 PM to 04:30 PM
  • Financial Period: Quarter and Half Year ended 30 September 2026
  • Review by Audit Committee: 29 October 2026

Parties Involved

  • Subsidiary: Bamni Proteins Limited (Discontinued Operations)
  • Auditor: Walker Chandiok & Co LLP
  • Regulatory Bodies: SEBI, Supreme Court of India, Hon'ble High Court of Kerala, Commissioner of Customs, Maharashtra State Pollution Control Board (MPCB)
  • Shareholder Nominee: Kerala State Industrial Development Corporation Limited (KSIDC)

Purpose or Rationale

The disclosure is a mandatory filing of quarterly financial results and a board decision as per SEBI LODR Regulations.

Financial / Operational Impact

Contingent Liability - Customs Duty Case:

  • A customs duty demand of ₹877.15 lakhs and a penalty of ₹1,091.21 lakhs (Total: ₹1,968.36 lakhs) was originally issued in FY 2018-19.
  • The company has a provision of ₹148.70 lakhs for this duty and a contingent liability of ₹1,819.66 lakhs.
  • The Hon'ble Supreme Court admitted a special leave petition from the customs department and granted an interim stay on a favorable High Court judgment. The hearing, originally scheduled for September 2026, was postponed; a new date is awaited.

Labour Code Implementation:

  • The company accounted for an incremental liability of ₹226.33 lakhs for its employees and a provision of ₹41 lakhs for its contract workforce due to the new labour codes effective 21 November 2025.

Discontinued Operations (Bamni Proteins Limited):

  • The subsidiary's manufacturing unit was permanently closed following a closure order from the Maharashtra Pollution Control Board (MPCB) in March 2024.
  • Its assets, with a carrying value of ₹514.72 lakhs, are classified as 'Held for Sale'.
  • The subsidiary is not a going concern, and its results are presented as discontinued operations. Fresh advertisements were issued in the current quarter to sell these assets.

Capital Structure Impact

No change in paid-up equity share capital was reported for the period. It remained constant at ₹907.92 lakhs.

Cash Flow Implications

Explicit cash flow implications are detailed in the Statement of Cash Flows, showing net cash generation from operations of ₹2,138.68 lakhs (Standalone) and ₹2,088.16 lakhs (Consolidated) for H1 FY27.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the document.