Board Meeting Details

The Board of Directors of OTCO International Limited met on November 14, 2026. The meeting commenced at 11:30 AM and concluded at 11:36 AM. The Board adopted and approved the standalone unaudited financial statements along with the limited review report issued by the statutory auditor for the quarter and half year ended September 30, 2026.

Auditor's Review Report

B.N.Misra & Co, Chartered Accountants (FRN: 321095E), represented by partner CA Sudhir Kumar Jena (M. No: 54740), issued a limited review report on the unaudited standalone financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The report states that based on their review, nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The review was performed pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015 and SEBI Circular CIR/CFD/CMDI/44/2019 dated March 29, 2019.

Financial Results (Standalone) - Quarter Ended September 30, 2026 (Unaudited)

  • Revenue From Operations: ₹5.70 lakhs
  • Other Income: ₹10.71 lakhs
  • Total Income: ₹16.41 lakhs (₹5.70 + ₹10.71)
  • Total Expenses: ₹21.61 lakhs
  • Profit/(Loss) before tax: ₹(3.54) lakhs
  • Tax Expenses: ₹0.00
  • Profit/(Loss) for the period: ₹(3.54) lakhs
  • Earnings Per Share (Basic and Diluted): ₹(0.03) per share of face value ₹2

Financial Results (Standalone) - Half Year Ended September 30, 2026 (Unaudited)

  • Revenue From Operations: ₹9.40 lakhs
  • Other Income: ₹10.71 lakhs
  • Total Income: ₹20.11 lakhs (₹9.40 + ₹10.71)
  • Total Expenses: ₹27.08 lakhs
  • Profit/(Loss) before tax: ₹(21.61) lakhs
  • Tax Expenses: ₹0.00
  • Profit/(Loss) for the period: ₹(21.61) lakhs
  • Earnings Per Share (Basic and Diluted): ₹(0.167) per share of face value ₹2

Comparative Figures - Quarter Ended June 30, 2026 (Unaudited)

  • Revenue From Operations: ₹5.70 lakhs
  • Other Income: ₹10.71 lakhs
  • Total Income: ₹16.41 lakhs
  • Total Expenses: ₹7.97 lakhs
  • Profit/(Loss) before tax: ₹15.68 lakhs
  • Profit/(Loss) for the period: ₹15.68 lakhs
  • Earnings Per Share: ₹0.12 per share

Comparative Figures - Half Year Ended September 30, 2025 (Unaudited)

  • Revenue From Operations: ₹22.13 lakhs
  • Other Income: ₹0.95 lakhs
  • Total Income: ₹23.08 lakhs
  • Total Expenses: ₹12.94 lakhs
  • Profit/(Loss) before tax: ₹12.14 lakhs
  • Profit/(Loss) for the period: ₹12.14 lakhs
  • Earnings Per Share: ₹0.09 per share

Comparative Figures - Year Ended March 31, 2026 (Audited)

  • Revenue From Operations: ₹22.13 lakhs
  • Other Income: ₹0.95 lakhs
  • Total Income: ₹23.08 lakhs
  • Total Expenses: ₹19.60 lakhs
  • Profit/(Loss) before tax: ₹2.52 lakhs
  • Profit/(Loss) for the period: ₹2.52 lakhs
  • Earnings Per Share: ₹0.02 per share

Expenditure Breakdown (Half Year Ended September 30, 2026)

  • Direct Expenses: ₹10.29 lakhs
  • Purchase of Stock in Trade & Related Expenses: ₹8.66 lakhs
  • Change in Inventories: ₹(37.83) lakhs
  • Employee Benefit Expense: ₹0.63 lakhs
  • Finance Costs: ₹0.02 lakhs
  • Depreciation & Amortization: ₹0.00
  • Other Expenses: ₹4.09 lakhs

Capital Structure

  • Paid-up Equity Share Capital: ₹259.36 lakhs (face value ₹2 per share) remained unchanged across all periods presented.

Balance Sheet Position as of September 30, 2026 (Unaudited)

  • Total Assets: ₹964.12 lakhs (vs ₹914.95 lakhs as of March 31, 2026)
  • Non-current Assets: ₹60.34 lakhs (Property, plant and equipment: ₹4.70 lakhs; Other non-current assets: ₹55.64 lakhs)
  • Current Assets: ₹903.78 lakhs (Inventories: ₹833.92 lakhs; Trade receivables: ₹31.92 lakhs; Cash & cash equivalents: ₹19.98 lakhs; Other financial assets: ₹8.40 lakhs; Other current assets: ₹9.56 lakhs)
  • Total Equity: ₹280.76 lakhs (Equity share capital: ₹259.36 lakhs; Other equity: ₹21.40 lakhs)
  • Current Liabilities: ₹683.36 lakhs (Borrowings: ₹400.63 lakhs; Trade payable: ₹18.61 lakhs; Other financial liabilities: ₹263.05 lakhs; Other current liabilities: ₹1.07 lakhs)

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

  • Cash Flow from Operating Activities: ₹(35.28) lakhs
  • Cash Flow from Investing Activities: ₹0.00
  • Cash Flow from Financing Activities: ₹28.88 lakhs (Proceeds from short term borrowings: ₹28.90 lakhs; Interest paid: ₹(0.02) lakhs)
  • Net decrease in cash and cash equivalents: ₹(6.39) lakhs
  • Cash and cash equivalents at beginning: ₹26.37 lakhs
  • Cash and cash equivalents at end: ₹19.98 lakhs

Notes to Financial Results

1. The results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2026.

2. The statutory auditors conducted a limited review of the standalone financial results for the quarter ended September 30, 2026, as required by Regulation 33 of SEBI (LODR) Regulations, 2015.

3. Figures of the previous quarter have been regrouped and reclassified to conform to the classification of the current period where necessary.