Peshwa Wheat Limited held its Board of Directors meeting on November 13, 2026, from 4:30 PM to 6:45 PM. The board transacted three key items of business:
1. Considered and approved the Un-audited Financial Results of the Company for the half year ended September 30, 2026, along with the Statement of Assets and Liabilities as at September 30, 2026 and Cash Flow Statement for the half year ended September 30, 2026.
2. Approved the appointment of M/s. Maneesh K Jain & Associates, Chartered Accountants as Internal Auditor of the company. The appointment was made as the company is mandatorily required to appoint an internal auditor. The term commenced on November 13, 2026, with terms and conditions as per the letter of appointment. The firm has extensive experience in conducting internal audits of various companies.
3. Approved the appointment of CS Sargam Agrawal, Company Secretary as Secretarial Auditor of the company. The appointment was made as the company is mandatorily required to appoint a secretarial auditor. The term commenced on November 13, 2026, with terms and conditions as per the letter of appointment. CS Sargam Agrawal is a practising Company Secretary with extensive experience in conducting secretarial audits and leading secretarial assignments.
Financial Results Highlights
Income Statement (Half Year Ended September 30, 2026)
- Revenue from operations: ₹12,900.24 lakh (₹129.00 crore)
- Other Income: ₹0.37 lakh
- Total Income: ₹12,901 lakh (₹129.01 crore)
- Cost of Purchases: ₹10,682.99 lakh
- Changes in Inventories: ₹322.18 lakh
- Employee benefits expense: ₹14.01 lakh
- Finance costs: ₹38.05 lakh
- Depreciation and amortization expense: ₹18.75 lakh
- Other expenses: ₹545.37 lakh
- Total Expenses: ₹11,621.36 lakh
- Profit before tax: ₹1,279.26 lakh (₹12.79 crore)
- Tax Expense: ₹324.98 lakh (Current Tax: ₹322 lakh, Deferred Tax: ₹2.99 lakh)
- Net Profit: ₹954 lakh (₹9.54 crore)
- Basic and Diluted EPS: ₹6.92 (not annualized)
Balance Sheet (As at September 30, 2026)
- Equity Share Capital: ₹1,902.82 lakh (increased from ₹1,372.90 lakh as of March 31, 2026)
- Reserves and Surplus: ₹8,355.94 lakh (increased from ₹2,903.00 lakh as of March 31, 2026)
- Total Shareholders' Funds: ₹10,258.76 lakh
- Non-current liabilities: ₹235.37 lakh
- Current liabilities: ₹9,308.16 lakh
- Total Liabilities: ₹19,802.29 lakh
- Non-current assets: ₹418.90 lakh
- Current assets: ₹19,383.39 lakh
- Total Assets: ₹19,802.29 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash flow from operating activities: (₹1,694.24) lakh
- Cash flow from investing activities: (₹0.72) lakh
- Cash flow from financing activities: ₹5,146.05 lakh
- Net increase in cash: ₹3,451.09 lakh
- Cash and cash equivalents at beginning: ₹1,765.41 lakh
- Cash and cash equivalents at end: ₹5,216.50 lakh
Key Notes and Disclosures
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2026
- The results were reviewed by statutory auditors Bakliwal & Co. (FRN: 130381W) in compliance with Regulation 33 of SEBI LODR
- Financial results prepared in accordance with Accounting Standards prescribed under Companies Act, 2013
- EPS computed in accordance with AS 20 and is not annualized
- The company issued 52,99,200 equity shares of ₹10 each at a premium of ₹91 each through an IPO that listed on BSE SME platform on October 1, 2026
- Previous periods' figures have been regrouped/reclassified for comparison
- The company operates in a single reportable segment