Board Meeting Details

The Board meeting commenced at 04:00 PM and concluded at 05:30 PM on Friday, 6th November 2026.

Key Agenda Items Approved

1. Unaudited Financial Results: The Board considered, approved, and took on record the Un-Audited Financial Results of the Company for the quarter ended 30 September 2026 in compliance with Regulation 33 of SEBI LODR Regulations. The following documents were enclosed:

  • Un-Audited Financial Results for quarter ended 30th September 2026
  • Limited Review Report for quarter ended 30th September 2026 issued by ASA & Associates, Chartered Accountants (Statutory Auditors)

2. Committee Reconstitution: The Board reconstituted the Audit Committee and Nomination and Remuneration Committee by inducting Mr. Mysore Narayana Sreedhara (DIN: 11869512), Non-Executive Independent Director, as a Member of both Committees with effect from 6th November 2026.

Financial Performance Highlights

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹7,996.59 lakh
  • Other Income: ₹369.10 lakh
  • Total Income: ₹8,365.69 lakh
  • Profit before Tax: ₹2,054.19 lakh
  • Tax Expense: ₹513.87 lakh (Current tax: ₹535.19 lakh, Deferred tax: ₹(21.32) lakh)
  • Profit for the Period: ₹1,540.32 lakh
  • Basic and Diluted EPS: *16.21 (not annualized)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹13,715.90 lakh
  • Other Income: ₹633.21 lakh
  • Total Income: ₹14,349.12 lakh
  • Profit before Tax: ₹2,651.80 lakh
  • Tax Expense: ₹666.84 lakh (Current tax: ₹691.16 lakh, Deferred tax: ₹(24.32) lakh)
  • Profit for the Period: ₹1,984.96 lakh
  • Basic and Diluted EPS: *19.40 (not annualized)

Comparative Performance (Q2 FY26):

  • Revenue from Operations: ₹5,840.94 lakh
  • Profit before Tax: ₹862.28 lakh
  • Profit for the Period: ₹641.20 lakh
  • Basic and Diluted EPS: *6.75 (not annualized)

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹17,302.75 lakh (Previous: ₹16,773.84 lakh as at March 31, 2026)
  • Total Equity: ₹12,994.37 lakh (Previous: ₹11,009.15 lakh)
  • Equity Share Capital: ₹950.08 lakh (unchanged)
  • Other Equity: ₹12,044.29 lakh (Previous: ₹10,059.07 lakh)
  • Current Liabilities: ₹3,667.35 lakh (Previous: ₹5,167.17 lakh)

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

  • Net Cash from Operating Activities: ₹1,258.49 lakh
  • Net Cash used in Investing Activities: ₹(849.69) lakh
  • Net Cash used in Financing Activities: ₹(92.05) lakh
  • Net Increase in Cash: ₹316.75 lakh
  • Cash and Cash Equivalents at end: ₹872.55 lakh

Committee Composition (effective 6th November 2026)

Audit Committee:

  • Mrs. Rakhi Bajoria - Chairperson
  • Mrs. Geetika Khandelwal - Member
  • Mr. Syed Fahad - Member
  • Mr. Mysore Narayana Sreedhara - Member

Nomination & Remuneration Committee:

  • Mrs. Rakhi Bajoria - Chairperson
  • Mrs. Geetika Khandelwal - Member
  • Mr. Syed Fahad - Member
  • Mr. Mysore Narayana Sreedhara - Member

Significant Accounting Notes

1. The financial results were reviewed by the Audit Committee and subjected to limited review by statutory auditors.

2. Prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) and Regulation 33 of SEBI LODR Regulations.

3. The Company operates in a single business segment of food products.

4. Management assessed trade receivables as recoverable within 180 days, with no provision for expected credit losses required.

5. Business Model Change: During the period, the Company reassessed its business model for managing investments in mutual funds and reclassified investments from Fair Value through Other Comprehensive Income (FVOCI) to Fair Value through Profit or Loss (FVTPL) in accordance with Ind AS 109.