Organic Coatings Limited submitted a revised outcome of its Board Meeting held on 5th November, 2026 to BSE Limited. The revision was necessitated due to the inadvertent submission of Unaudited Financial Results bearing "sd-" signatures instead of duly signed versions. The company enclosed the duly signed Unaudited Financial Results and confirmed that all other contents and disclosures from the original submission remain unchanged.

Financial Results for Quarter Ended 30th September, 2026 (Unaudited)

  • Revenue From Operations: Rs 1,202.74 lakh
  • Other Income: Rs 2.47 lakh
  • Total Income: Rs 1,205.21 lakh
  • Total Expenses: Rs 1,294.95 lakh
  • Cost of Materials Consumed: Rs 1,037.02 lakh
  • Change in Inventories: Rs (82.20) lakh
  • Employee Benefits Expense: Rs 47.10 lakh
  • Finance Costs: Rs 18.87 lakh
  • Depreciation and Amortization: Rs 21.87 lakh
  • Other Expenses: Rs 252.22 lakh
  • Loss before tax: Rs (89.74) lakh
  • Net Loss for the period: Rs (89.74) lakh
  • Basic Earnings Per Share: Rs (0.90)
  • Diluted Earnings Per Share: Rs (0.90)

Financial Results for Half Year Ended 30th September, 2026 (Unaudited)

  • Revenue From Operations: Rs 2,325.10 lakh
  • Other Income: Rs 3.55 lakh
  • Total Income: Rs 2,328.65 lakh
  • Total Expenses: Rs 2,454.47 lakh
  • Loss before tax: Rs (125.82) lakh
  • Net Loss for the period: Rs (125.82) lakh
  • Basic Earnings Per Share: Rs (1.26)
  • Diluted Earnings Per Share: Rs (1.26)

Balance Sheet as at 30th September, 2026 (Unaudited)

  • Total Assets: Rs 3,158.93 lakh
  • Non-Current Assets: Rs 922.35 lakh
  • Property, Plant and Equipment: Rs 875.32 lakh
  • Intangible Assets: Rs 0.42 lakh
  • Other Financial Assets: Rs 46.61 lakh
  • Current Assets: Rs 2,236.59 lakh
  • Inventories: Rs 736.04 lakh
  • Trade Receivables: Rs 1,435.84 lakh
  • Cash and Cash Equivalents: Rs 6.49 lakh
  • Other Financial Assets: Rs 8.74 lakh
  • Other Current Assets: Rs 49.48 lakh
  • Total Equity and Liabilities: Rs 3,158.93 lakh
  • Total Equity: Rs (123.55) lakh
  • Equity Share Capital: Rs 997.46 lakh
  • Other Equity: Rs (1,121.01) lakh
  • Total Liabilities: Rs 3,282.48 lakh
  • Non-Current Liabilities: Rs 446.84 lakh
  • Borrowings: Rs 313.65 lakh
  • Other Financial Liabilities: Rs 102.13 lakh
  • Provisions: Rs 31.07 lakh
  • Current Liabilities: Rs 2,835.64 lakh
  • Borrowings: Rs 944.27 lakh
  • Trade Payables: Rs 1,743.13 lakh
  • Other Current Liabilities: Rs 137.23 lakh
  • Provisions: Rs 11.01 lakh

Cash Flow Statement for Half Year Ended 30th September, 2026 (Unaudited)

  • Net cash used in operating activities: Rs (284.88) lakh
  • Net cash from investing activities: Rs 1.45 lakh
  • Net cash from financing activities: Rs 205.49 lakh
  • Net decrease in cash and cash equivalents: Rs (77.94) lakh
  • Cash and cash equivalents at beginning: Rs 97.30 lakh
  • Cash and cash equivalents at end: Rs 6.49 lakh

Management Appointment

The Board of Directors approved the appointment of Mr. Tejas Rajeshbhai Basrani as Chief Financial Officer (CFO) and Key Managerial Personnel of the company with effect from 12th November, 2026. Mr. Basrani has over 15 years of experience in finance, accounts, taxation, audit and regulatory compliance. He is not related to any directors, key managerial personnel, or promoters of the company.

Additional Information

The financial results were prepared in accordance with Section 133 of the Companies Act, 2013 and relevant rules. They were reviewed by the Audit Committee and approved by the Board of Directors on 5th November, 2026. The statutory auditor conducted a limited review of the results. The company does not have different segments, making segment-wise reporting inapplicable.