Financial Results Overview

Quarterly Performance (Q2 FY2027 vs Q2 FY2026 vs Q1 FY2027)

  • Total Income: ₹148.07 lakh (Q2 FY2027) vs ₹151.70 lakh (Q2 FY2026) vs ₹166.85 lakh (Q1 FY2027)
  • Total Revenue from Operations: ₹147.32 lakh vs ₹150.95 lakh vs ₹166.10 lakh
  • Other Income: ₹0.75 lakh (consistent across all quarters)
  • Total Expenses: ₹161.05 lakh vs ₹105.00 lakh vs ₹131.87 lakh
  • Employee benefits expense: ₹24.28 lakh vs ₹19.24 lakh vs ₹23.37 lakh
  • Depreciation: ₹4.96 lakh vs ₹4.92 lakh vs ₹4.96 lakh
  • Finance Costs: ₹0.18 lakh vs ₹1.65 lakh vs ₹0.35 lakh
  • Other Expenses: ₹131.63 lakh vs ₹79.19 lakh vs ₹103.19 lakh
  • Profit/(Loss) Before Tax: (₹12.98) lakh vs ₹46.70 lakh vs ₹34.98 lakh
  • Tax Expenses:
  • Current Tax: (₹5.04) lakh vs not specified vs ₹8.34 lakh
  • Deferred Tax: (₹0.41) lakh vs not specified vs ₹0.46 lakh
  • Net Profit/(Loss) for Period: (₹7.53) lakh vs ₹46.70 lakh vs ₹26.18 lakh
  • Earnings Per Share (Basic & Diluted): (₹0.16) vs ₹0.98 vs ₹0.55

Half-Yearly Performance (H1 FY2027 vs H1 FY2026)

  • Total Income: ₹314.92 lakh vs ₹251.09 lakh
  • Total Revenue from Operations: ₹313.42 lakh vs ₹249.59 lakh
  • Other Income: ₹1.50 lakh vs ₹1.50 lakh
  • Total Expenses: ₹292.92 lakh vs ₹208.73 lakh
  • Profit Before Tax: ₹22.00 lakh vs ₹42.36 lakh
  • Tax Expenses: ₹3.35 lakh (Current: ₹3.30 lakh, Deferred: ₹0.05 lakh) vs not specified
  • Net Profit for Period: ₹18.65 lakh vs ₹42.36 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.39 vs ₹0.89

Segment Information

The company has two reportable segments:

1. Tankfarm Rental/Storage Income

2. Trading and Derivatives Trading in Commodities

Segment Revenue (Q2 FY2027)

  • Rental income from Tank: ₹147.32 lakh
  • Unallocated: ₹0.75 lakh

Segment Results (Q2 FY2027)

  • Rental income from Tank: (₹13.73) lakh loss
  • Unallocated: ₹0.75 lakh profit

Capital Employed (as of 30th September, 2026)

  • Rental income from Tank: ₹491.80 lakh
  • Total Capital Employed: ₹491.80 lakh

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

  • Total Assets: ₹575.78 lakh (vs ₹578.18 lakh as of 31st March, 2026)
  • Non-current Assets: ₹383.25 lakh
  • Property, plant and equipment: ₹202.41 lakh
  • Financial Assets: ₹180.84 lakh (Investments: ₹1.00 lakh, Long-term loans & advances: ₹76.94 lakh, Other Non-Current Assets: ₹102.90 lakh)
  • Current Assets: ₹192.53 lakh
  • Trade receivables: ₹93.26 lakh
  • Cash and cash equivalents: ₹66.43 lakh
  • Short-term Loans & Advances: ₹17.78 lakh
  • Other current assets: ₹15.06 lakh
  • Total Equity: ₹491.80 lakh
  • Equity Share capital: ₹477.90 lakh (face value ₹10 per share)
  • Other Equity: ₹13.90 lakh
  • Non-current Liabilities: ₹38.91 lakh
  • Long Term Provisions: ₹23.38 lakh
  • Deferred tax liabilities: ₹15.53 lakh
  • Current Liabilities: ₹45.07 lakh
  • Short Term Borrowings: ₹4.58 lakh
  • Trade payables: ₹27.34 lakh
  • Other current liabilities: ₹9.91 lakh
  • Short Term Provisions: ₹3.24 lakh

Cash Flow Statement (H1 FY2027)

  • Cash from Operating Activities: ₹48.13 lakh
  • Profit before tax: ₹22.00 lakh
  • Adjustments: ₹39.06 lakh (Depreciation: ₹9.92 lakh, Interest Paid: ₹0.53 lakh, Working capital changes: ₹28.61 lakh)
  • Income tax paid: (₹12.93) lakh
  • Cash from Investing Activities: (₹1.68) lakh (Capital expenditure on fixed assets)
  • Cash from Financing Activities: (₹24.60) lakh
  • Decrease in Short term borrowings: (₹24.07) lakh
  • Interest Paid: (₹0.53) lakh
  • Net Increase in Cash: ₹21.85 lakh
  • Cash at Beginning: ₹44.58 lakh
  • Cash at End: ₹66.43 lakh

Auditor Review

Shah & Shah Associates, Chartered Accountants (FRN: 113742W), reviewed the financial results and issued an unmodified opinion dated November 5, 2026. The review was conducted in accordance with SRE 2410 issued by ICAI, providing moderate assurance that the statements are free from material misstatement.

Additional Information

  • The company has no subsidiaries, associates, or joint ventures, making consolidated financial statements not applicable.
  • The financial results were prepared in accordance with Ind AS as per Companies (Indian Accounting Standard) Rules, 2015.
  • Figures for previous periods have been regrouped/rearranged where necessary for comparison.