Summary of Key Information:
Reporting Period: Quarter ended September 30, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Unmodified review opinion issued by statutory auditors M/s. Sanghavi & Company, Chartered Accountants
Key Financial Highlights [₹ in Lacs]:
Standalone Results:
Revenue from Operations: Q2 FY27: ₹12,687.65 lacs (Q2 FY26: ₹11,149.49 lacs, +13.8% YoY)
Total Income: Q2 FY27: ₹12,870.27 lacs (Q2 FY26: ₹11,329.62 lacs)
Net Profit: Q2 FY27: ₹431.68 lacs (Q2 FY26: ₹571.72 lacs, -24.5% YoY)
EPS: Basic EPS from continuing operations: ₹0.36 (Q2 FY26: ₹0.48)
Other Equity: As of September 30, 2026: ₹28,897.19 lacs (March 31, 2026: ₹28,297.76 lacs)
Cash and Cash Equivalents: As of September 30, 2026: ₹17.44 lacs (March 31, 2026: ₹389.37 lacs)
Debt: Current borrowings: ₹3,660.74 lacs; Non-current borrowings: ₹1,037.02 lacs
Consolidated Results:
Revenue from Operations: Q2 FY27: ₹12,201.50 lacs (Q2 FY26: ₹11,345.55 lacs, +7.5% YoY)
Total Income: Q2 FY27: ₹12,474.43 lacs (Q2 FY26: ₹11,625.53 lacs)
Net Profit: Q2 FY27: ₹678.11 lacs (Q2 FY26: ₹710.75 lacs, -4.6% YoY)
EPS: Basic EPS from continuing operations: ₹0.57 (Q2 FY26: ₹0.59)
Other Equity: As of September 30, 2026: ₹30,134.54 lacs (March 31, 2026: ₹29,009.15 lacs)
Cash and Cash Equivalents: As of September 30, 2026: ₹271.55 lacs (March 31, 2026: ₹625.34 lacs)
Debt: Current borrowings: ₹3,660.74 lacs; Non-current borrowings: ₹3,587.02 lacs
Half-Year Performance (April-September 2026):
Standalone:
- Revenue: ₹22,752.27 lacs (HY FY26: ₹20,774.83 lacs)
- Net Profit: ₹1,023.18 lacs (HY FY26: ₹922.48 lacs)
Consolidated:
- Revenue: ₹22,811.40 lacs (HY FY26: ₹21,138.00 lacs)
- Net Profit: ₹1,535.02 lacs (HY FY26: ₹1,179.17 lacs)
Segment-wise Performance:
The company has only one reportable segment: "Manufacturing & Trading of Ceramic and related products" as per IND AS 108 requirements. Separate segment information has not been presented.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this meeting.
Other Significant Information:
- The company completed disposal of its Power Division during June 2026 quarter
- The Power Division has been classified and presented as discontinued operations as per Ind AS 105
- The disposal does not affect the company's ability to continue its remaining operations
- Subsidiaries included in consolidation: Orient Advanced Materials FZE UAE and Orient Advanced Materials Private Limited
Entities in Consolidation:
- Parent: Orient Ceratech Limited
- Subsidiaries: Orient Advanced Materials FZE UAE, Orient Advanced Materials Private Limited
Exceptional Items:
Standalone FY26: Exceptional loss of ₹169.28 lacs
Consolidated FY26: Exceptional loss of ₹213.74 lacs
No exceptional items in current quarter
Assets & Liabilities Position (as of September 30, 2026):
Standalone:
- Total Assets: ₹41,564.87 lacs
- Total Equity: ₹30,093.71 lacs
- Current Liabilities: ₹9,998.20 lacs
- Non-current Liabilities: ₹1,472.96 lacs
Consolidated:
- Total Assets: ₹46,443.95 lacs
- Total Equity: ₹31,331.06 lacs
- Current Liabilities: ₹10,743.63 lacs
- Non-current Liabilities: ₹4,369.26 lacs
Cash Flow Highlights (Half-year ended September 30, 2026):
Standalone:
- Net cash used in operating activities: ₹(4,844.62) lacs
- Net cash from investing activities: ₹2,377.09 lacs
- Net cash used in financing activities: ₹(2,095.60) lacs
Consolidated:
- Net cash used in operating activities: ₹(4,451.25) lacs
- Net cash from investing activities: ₹1,118.98 lacs
- Net cash used in financing activities: ₹(2,978.48) lacs
Subsidiary Auditor Note:
The interim financial information of Orient Advanced Materials FZE was reviewed by other auditors. The subsidiary showed total assets of ₹1,741.54 lacs, revenues of ₹2,817.83 lacs for Q2 FY27, and net profit of ₹47.31 lacs for Q2 FY27.