Board Meeting Details
The Board of Directors meeting was held on November 06, 2026 at the Registered Office of the Company. The meeting commenced at 10:30 AM IST and concluded at 11:30 AM IST. The Board considered and approved the unaudited financial results for the half year ended September 30, 2026.
Financial Results Summary (INR in Lacs)
Income Statement Highlights:
- Revenue from Operations: ₹14,250.93 lacs for H1 FY27 (compared to ₹8,452.38 lacs in H1 FY26)
- Other Income: ₹220.66 lacs for H1 FY27 (compared to ₹102.06 lacs in H1 FY26)
- Total Income: ₹14,267.70 lacs for H1 FY27 (compared to ₹8,462.58 lacs in H1 FY26)
- Profit Before Tax: ₹3,136.51 lacs for H1 FY27 (compared to ₹1,201.73 lacs in H1 FY26)
- Tax Expense: ₹789.40 lacs for H1 FY27 (Current Tax: ₹771.11 lacs, Deferred Tax: ₹18.29 lacs)
- Profit After Tax: ₹2,347.11 lacs for H1 FY27 (compared to ₹903.67 lacs in H1 FY26)
- Earnings Per Share (Basic): ₹14.54 for H1 FY27 (compared to ₹5.90 for H1 FY26)
- Earnings Per Share (Diluted): ₹14.54 for H1 FY27 (compared to ₹5.90 for H1 FY26)
Balance Sheet Position as at September 30, 2026 (INR in Lacs):
- Share Capital: ₹1,530.60 lacs (unchanged from March 31, 2026)
- Reserves and Surplus: ₹10,829.74 lacs (increased from ₹8,673.95 lacs as at March 31, 2026)
- Total Equity: ₹12,360.34 lacs
- Total Liabilities: ₹16,758.22 lacs
- Inventories: ₹1,087.34 lacs (decreased from ₹2,815.91 lacs as at March 31, 2026)
- Trade Receivables: ₹5,593.03 lacs (increased from ₹3,774.69 lacs as at March 31, 2026)
- Cash and Cash Equivalents: ₹939.21 lacs (increased from ₹218.46 lacs as at March 31, 2026)
- Total Assets: ₹16,758.22 lacs
Cash Flow Statement for H1 FY27 (INR in Lacs):
- Cash Flow from Operating Activities: ₹272.61 lacs
- Cash Flow from Investing Activities: ₹1,714.21 lacs
- Cash Flow from Financing Activities: ₹(586.87) lacs
- Net Increase in Cash: ₹720.75 lacs
Dividend Information
The Board of Directors recommended a final dividend of ₹1.25 per equity share for FY26 at their meeting on May 8, 2026. Shareholders approved this dividend at the Annual General Meeting held on September 19, 2026. The company has paid the dividend to eligible shareholders, with any unpaid/unclaimed amounts transferred to the Unpaid Dividend Account as per Section 124 of Companies Act, 2013.
Investment Activity
Parmeshwar Metal Limited paid ₹5.10 lacs on September 19, 2026 towards proposed investment in Parmeshwar Copperx Private Limited, pursuant to Board Resolution dated June 11, 2026. As shares were not allotted by September 30, 2026, this amount is accounted as advance against proposed investment. Parmeshwar Copperx Private Limited has not been considered a subsidiary for consolidation purposes.
Business Segment Information
The company operates in a single business segment (manufacturing and trading in Copper related products) and single geographical segment (India only).
Notes on Figures
Figures for half year ended March 31, 2026 are balancing figures between audited full financial year figures and year-to-date unaudited figures up to half year ended September 30, 2025. The company is exempt from adopting Ind AS as per MCA notification dated February 16, 2015.