Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 & 33 of SEBI (LODR) 2015
Date of Board Meeting / Approval: October 29, 2026 (commenced at 12:40 P.M., concluded at 03:47 P.M.)
Audit Opinion: Unmodified (Clean) Limited Review Report
Auditor’s Comment: Based on our review, nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement.
Key Financial Highlights [₹ in Lakhs]
Standalone Results:
Revenue from Operations:
- Q2 FY27: ₹16,493.61 (QoQ: +35.2% from ₹12,199.02 in Q1 FY27; YoY: +86.8% from ₹8,828.03 in Q2 FY25)
- H1 FY27: ₹28,692.63 (YoY: +52.7% from ₹18,791.68 in H1 FY25)
Total Income:
- Q2 FY27: ₹17,387.23
- H1 FY27: ₹30,384.19
Net Profit:
- Q2 FY27: ₹1,169.97 (QoQ: +10.3% from ₹1,060.32 in Q1 FY27; YoY: Massive increase from ₹33.45 in Q2 FY25)
- H1 FY27: ₹2,230.30 (YoY: +198.3% from ₹747.56 in H1 FY25)
EPS (Basic & Diluted) (not annualized):
- Q2 FY27: ₹5.47
- H1 FY27: ₹10.43
Other Equity:
- As at September 30, 2026: ₹33,698.78 (Increased from ₹32,537.89 as at March 31, 2026)
Cash and Cash Equivalents:
- As at September 30, 2026: ₹389.90 (Decreased from ₹2,811.78 as at March 31, 2026)
Debt:
- Total Borrowings (Non-current + Current): ₹3,655.20 (₹1,706.82 Non-current + ₹1,948.38 Current) as at September 30, 2026 (Decreased from ₹4,685.44 as at March 31, 2026)
Segment-wise Performance:
The Company is primarily engaged in the manufacturing of Sheet Metal Components and Assemblies. There are no reportable operating or geographical segments.
Corporate Actions:
Dividend: Declared an Interim Dividend of ₹5 per share (50% on the face value of ₹10 per share) for the financial year 2026-27.
Record Date: November 11, 2026 for determining entitlement to the interim dividend.
Other Significant Information:
Exceptional Items: A loss of ₹202.00 was recorded in the half-year ended September 30, 2025, with no exceptional items in the current periods.
Total Comprehensive Income: For H1 FY27 is ₹2,230.30 lakhs, matching the net profit for the period.
Paid-up equity share capital: Remained constant at ₹2,138.82 lakhs (Face value of ₹10 per share).
Balance Sheet Highlights as at September 30, 2026 [₹ in Lakhs]:
Total Assets: ₹50,648.15 (Slight increase from ₹50,322.25 as at March 31, 2026)
Total Equity: ₹35,837.60 (Increased from ₹34,676.71)
Inventories: ₹1,298.18 (Increased from ₹1,090.29)
Trade Receivables: ₹1,704.69 (Increased from ₹1,468.16)
Cash Flow Statement for H1 FY27 [₹ in Lakhs]:
Net Cash from Operating Activities (A): ₹2,863.54
Net Cash used in Investing Activities (B): (₹2,913.88)
Net Cash used in Financing Activities (C): (₹2,371.54)
Net Decrease in Cash and Cash Equivalents (A+B+C): (₹2,421.88)