Summary of Key Information:

Reporting Period: Quarter and Half Year ended 30th September, 2026

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Clean/Unmodified opinion. Statutory Auditors expressed that nothing has come to their attention that causes them to believe the statements contain any material misstatement.

Key Financial Highlights [Rs. in Crores]:

Standalone Results:

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹560.40 crore (YoY: +31.1% from ₹427.57 crore in Q2 FY26)
  • Total Income: ₹564.20 crore
  • Net Profit: ₹24.24 crore (YoY: +82.8% from ₹13.26 crore in Q2 FY26)
  • EPS: ₹0.74 (Basic and Diluted)

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹1,089.80 crore (YoY: +24.1% from ₹878.44 crore in H1 FY26)
  • Total Income: ₹1,096.69 crore
  • Net Profit: ₹43.94 crore (YoY: +36.2% from ₹32.26 crore in H1 FY26)
  • EPS: ₹1.38 (Basic and Diluted)

Financial Position as at 30.09.2026:

  • Paid-up Equity Share Capital: ₹65.45 crore
  • Other Equity: ₹854.56 crore
  • Cash and Cash Equivalents: ₹10.33 crore
  • Total Borrowings: ₹131.96 crore (Non-current: ₹20.68 crore, Current: ₹111.28 crore)
  • Total Assets: ₹1,248.59 crore

Consolidated Results:

Quarter Ended 30.09.2026:

  • Revenue from Operations: ₹560.40 crore
  • Net Profit: ₹24.24 crore
  • EPS: ₹0.74 (Basic and Diluted)

Half Year Ended 30.09.2026:

  • Revenue from Operations: ₹1,089.80 crore
  • Net Profit: ₹43.94 crore
  • EPS: ₹1.38 (Basic and Diluted)

Segment-wise Performance:

The company has two reportable segments:

1. Wires & Cables: Primary revenue driver with ₹560.40 crore revenue in Q2 FY27 and segment profit of ₹36.48 crore before finance cost

2. Pipes: Minimal contribution with no revenue in current period

Corporate Actions:

1. Preferential Share Issue: Allotted 2,19,97,664 equity shares (face value ₹2) to non-promoters at ₹42 per share (including premium) on 01.07.2026

2. Convertible Warrants: Allotted 72,00,000 convertible equity share warrants to promoters at ₹42 per warrant (25% application money received)

3. ESOP Allotment: Allotted 31,995 equity shares to employees under Stock Incentive Plan on 14.07.2026

4. Fund Utilization: Raised ₹92.39 crore from equity issue and ₹7.56 crore from warrants, with ₹73.39 crore utilized and ₹26.66 crore unutilized as of 30.09.2026

Other Significant Information:

  • No exceptional items reported in current or comparative periods
  • No discontinued operations in current period
  • Total comprehensive income for H1 FY27: ₹44.04 crore (Standalone)
  • Cash flow from operations: Negative ₹31.89 crore for H1 FY27 due to working capital changes
  • Capital expenditure: ₹41.30 crore on property, plant and equipment including CWIP