Board Meeting Details

The Board of Directors meeting was held on November 06, 2026, at the company's registered office in Ahmedabad. The meeting commenced at 3:00 PM and concluded at 4:20 PM. The Board discussed and approved the unaudited standalone financial results for H1 FY27.

Financial Results Overview (Half Year Ended September 30, 2026)

Revenue & Income:

  • Revenue from operations: ₹52.84 lakh
  • Other income: ₹1.04 lakh
  • Total revenue: ₹53.88 lakh

Expenses:

  • Purchases of stock-in-trade: ₹511.74 lakh
  • Change in inventories: (₹3.89) lakh (decrease)
  • Employee benefit expenses: ₹0.80 lakh
  • Finance costs: ₹1.07 lakh
  • Depreciation and amortization: ₹0.45 lakh
  • Other expenses: ₹0.63 lakh
  • Total expenses: ₹502.30 lakh

Profitability:

  • Profit before tax: ₹36.46 lakh
  • Current tax expense: ₹9.80 lakh
  • Net profit for the period: ₹26.66 lakh

Earnings Per Share:

  • Basic EPS: ₹1.18 (not annualized)
  • Diluted EPS: ₹1.18 (not annualized)

Comparative Performance

Half Year Ended September 30, 2026 vs September 30, 2025:

  • Revenue from operations increased from ₹421.18 lakh to ₹528.36 lakh
  • Net profit increased from ₹21.53 lakh to ₹26.66 lakh
  • EPS increased from ₹0.96 to ₹1.18

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

  • Total assets: ₹1,179.05 lakh (compared to ₹1,021.73 lakh as of March 31, 2026)
  • Equity share capital: ₹225.34 lakh (unchanged)
  • Other equity: ₹601.32 lakh (increased from ₹574.66 lakh)
  • Total equity: ₹826.65 lakh
  • Non-current liabilities: ₹74.39 lakh
  • Current liabilities: ₹278.01 lakh

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

  • Net cash outflow from operating activities: ₹(1.54) lakh
  • Net cash used in investing activities: ₹(0.02) lakh
  • Net cash flow from financing activities: ₹1.50 lakh
  • Net decrease in cash and cash equivalents: ₹(0.06) lakh
  • Closing cash balance: ₹0.26 lakh

Regulatory Compliance & Review

The statutory auditors, Bharat Parikh & Associates (FRN: 101241W), conducted a limited review of the unaudited financial results in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI. The review report confirmed that nothing came to their attention suggesting material misstatement or non-compliance with Ind AS 34 and SEBI regulations.

Additional Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 06, 2026.

2. Results prepared in accordance with Indian Accounting Standards prescribed under Companies Act, 2013.

3. Company operates in a single business segment, making segment reporting disclosures under AS 17 not applicable.

4. EPS calculation based on weighted average number of shares issued by the company.

5. Previous period figures have been regrouped and reclassified for comparability.