Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year Ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and Submission of Financial Results under Regulation 33 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Clean (Unqualified). The statutory auditors, Mahendra N. Shah & Co., issued a limited review report with no modifications or qualifications. Nothing came to their attention to believe the statements contain any material misstatement.

Auditor’s Comment:

Not Specified

Key Financial Highlights [Rs. in Lakhs]

Standalone Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹16,946.57 (Compared to ₹24,183.33 in Q2 FY26, a decrease of 29.9% YoY)
  • Total Income: ₹17,170.41
  • Net Profit: ₹509.89 (Compared to ₹404.44 in Q2 FY26, an increase of 26.1% YoY)
  • EPS: ₹0.32 (Basic and Diluted)

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

  • Revenue from Operations: ₹29,157.35 (Compared to ₹34,793.07 in H1 FY26, a decrease of 16.2% YoY)
  • Total Income: ₹29,665.08
  • Net Profit: ₹1,234.38 (Compared to ₹607.47 in H1 FY26, an increase of 103.2% YoY)
  • EPS: ₹0.78 (Basic and Diluted)

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

  • Cash and Cash Equivalents: ₹1.78 Lakhs
  • Other Equity: ₹15,994.51 Lakhs
  • Debt (Borrowings): ₹8,586.21 Lakhs (Non-current: ₹3,392.72 Lakhs; Current: ₹5,193.49 Lakhs)

Consolidated Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹17,836.34
  • Total Income: ₹18,168.12
  • Net Profit: ₹477.21
  • Net Profit attributable to Owners: ₹509.89
  • EPS: ₹0.32 (Basic and Diluted)

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

  • Revenue from Operations: ₹30,837.50
  • Total Income: ₹31,413.82
  • Net Profit: ₹1,202.23
  • Net Profit attributable to Owners: ₹1,234.38
  • EPS: ₹0.78 (Basic and Diluted)

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

  • Cash and Cash Equivalents: ₹33.49 Lakhs
  • Other Equity: ₹15,994.51 Lakhs
  • Debt (Borrowings): ₹9,564.38 Lakhs (Non-current: ₹3,392.72 Lakhs; Current: ₹6,171.66 Lakhs)
  • Non-Controlling Interest: (₹11.22 Lakhs)

Segment-wise Performance:

The requirement of Ind AS 108 - "Operating Segments" is not applicable as the company is engaged in a single business segment: "Cotton Ginning and Spinning".

Corporate Actions:

  • Dividend: Declared an Interim Dividend for FY 2026-27 at the rate of ₹0.02 per equity share (face value of ₹1 each), aggregating to 2% of the paid-up equity share capital.
  • Record Date: Fixed as Monday, November 23, 2026, for determining shareholder eligibility.
  • Payment Date: The Interim Dividend shall be paid on or before December 5, 2026.
  • Bonus Issue: The Board, at its meeting on October 3, 2026, recommended a bonus issue in the ratio of 3:2 (3 bonus shares for every 2 existing shares). This is subject to shareholder and regulatory approvals. A record date has not been fixed for this yet.

Other Significant Information:

  • Seasonality Note: The company reiterated that its Cotton Ginning business is seasonal, which significantly impacts the comparability of half-yearly results.