Financial Results Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from Operations: ₹163.65 lakh (vs ₹40.01 lakh in Q2 FY26)
  • Other Income: ₹0.24 lakh (vs ₹16.24 lakh in Q2 FY26)
  • Total Income: ₹163.89 lakh (vs ₹56.25 lakh in Q2 FY26)
  • Total Expenses: ₹161.33 lakh (vs ₹1,624.87 lakh in Q2 FY26)
  • Profit/(Loss) before tax: ₹2.57 lakh (vs ₹(1,568.62) lakh in Q2 FY26)
  • Tax Expense: ₹0.66 lakh (vs ₹(3.46) lakh in Q2 FY26)
  • Net Profit/(Loss): ₹1.90 lakh (vs ₹(1,565.16) lakh in Q2 FY26)
  • Basic EPS from Continuing Operations: ₹0.00 (vs ₹(164.37) in Q2 FY26)
  • Diluted EPS from Continuing Operations: ₹0.00 (vs ₹(1.74) in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from Operations: ₹212.95 lakh (vs ₹405.41 lakh in H1 FY26)
  • Other Income: ₹7.91 lakh (vs ₹45.28 lakh in H1 FY26)
  • Total Income: ₹220.86 lakh (vs ₹450.69 lakh in H1 FY26)
  • Total Expenses: ₹216.81 lakh (vs ₹2,005.99 lakh in H1 FY26)
  • Profit/(Loss) before tax: ₹4.06 lakh (vs ₹(1,555.30) lakh in H1 FY26)
  • Tax Expense: ₹1.05 lakh (vs ₹0.00 lakh in H1 FY26)
  • Net Profit/(Loss): ₹3.00 lakh (vs ₹(1,555.30) lakh in H1 FY26)
  • Basic EPS from Continuing Operations: ₹0.00 (vs ₹(163.34) in H1 FY26)
  • Diluted EPS from Continuing Operations: ₹0.00 (vs ₹(1.73) in H1 FY26)

Annual Comparison (FY26 Audited)

  • Total Income: ₹4,352.92 lakh
  • Net Loss: ₹(4.31) lakh
  • Basic EPS: ₹(0.001)

Balance Sheet Highlights (as at 30-Sep-2026, Unaudited)

  • Equity Share Capital: ₹9,009.52 lakh (Face Value: ₹1.00)
  • Other Equity: ₹(13.98) lakh
  • Total Equity: ₹8,995.54 lakh
  • Non-current Assets: ₹9.65 lakh (including Property, Plant & Equipment: ₹0.28 lakh, Deferred Tax Assets: ₹9.35 lakh)
  • Current Assets: ₹10,532.56 lakh (including Inventories: ₹4,289.96 lakh, Trade Receivables: ₹3,664.19 lakh, Cash & Cash Equivalents: ₹1.56 lakh, Loans: ₹2,459.45 lakh, Other Current Assets: ₹117.39 lakh)
  • Total Assets: ₹10,542.21 lakh
  • Non-current Liabilities: ₹32.04 lakh (Borrowings)
  • Current Liabilities: ₹1,514.62 lakh (including Trade Payables: ₹1,504.40 lakh, Other Current Liabilities: ₹8.62 lakh, Provisions: ₹1.60 lakh)
  • Total Equity and Liabilities: ₹10,542.21 lakh

Cash Flow Statement (H1 FY27, Unaudited)

  • Cash from Operating Activities: ₹315.93 lakh
  • Cash used in Investing Activities: ₹(315.00) lakh (Non-current Investment)
  • Cash from Financing Activities: ₹1.30 lakh (Long Term Borrowing)
  • Net Increase in Cash: ₹2.23 lakh
  • Cash Opening Balance: ₹1.56 lakh
  • Cash Closing Balance: ₹3.79 lakh

Auditor's Limited Review Report

VS SB & Associates conducted a limited review and issued a report with the following qualifications:

Other Matters:

  • Inventory Risk: The company holds gold bars in inventory with no movement during the period. No insurance coverage has been obtained for this inventory, creating risk of loss, theft, or damage.
  • Statutory Dues: The company has been irregular in depositing statutory dues with appropriate authorities within prescribed due dates.
  • Loan Recoverability: The company provided loans and advances aggregating ₹1,967.42 lakh to various parties. External balance confirmations and supporting reconciliations were not received, making completeness and recoverability uncertain.
  • EPS Calculation: Basic EPS has been calculated after giving effect to warrant conversion into equity shares effective 20th May 2025 during FY 2025-26.

Related Party Transactions (Half-Year Ended 30-Sep-2026)

The company disclosed the following related party transactions in remuneration:

  • Falgunhancerakanl Soni (Managing Director): ₹1.50 lakh
  • Akanksha Shrivastav (Company Secretary): ₹0.19 lakh
  • Ncha Nirmla (Director): ₹0.60 lakh
  • Hetal Necl Pathak (Independent Director): ₹0.30 lakh (Sitting Fees)
  • Meenu Jain (Independent Director): ₹0.16 lakh (Sitting Fees)

Additional Notes

  • The financial statements are prepared in accordance with Ind AS prescribed under Companies Act, 2013.
  • The company operates in a single segment of Agricultural Product Trading.
  • Other Income includes interest income pertaining to FY 2025-26 received in April 2026.
  • During FY 2025-26, the company purchased gold bars which remain in closing inventory.
  • The previous period figures have been regrouped wherever necessary.
  • No defaults on loans/debt securities were reported.