Financial Results Highlights

Quarter Ended 30th September 2026 (Unaudited):

  • Total Income: ₹2,670.97 lakh
  • Revenue from Operations: ₹2,648.08 lakh
  • Revenue from operations: ₹2,326.86 lakh
  • Other operating income: ₹17.85 lakh
  • Other Income: ₹22.89 lakh
  • Total Expenses: ₹2,642.46 lakh
  • Cost of materials consumed: ₹1,826.21 lakh
  • Changes in inventories: (₹106.45) lakh
  • Employee benefits expense: ₹116.38 lakh
  • Finance costs: ₹19.79 lakh
  • Depreciation and amortization: ₹52.83 lakh
  • Other expenses: ₹51.91 lakh
  • Power & Fuel: ₹236.88 lakh
  • Profit before tax: ₹28.51 lakh
  • Tax expense: (₹12.40) lakh
  • Current tax: (₹0.85) lakh
  • Tax pertaining to earlier years: (₹6.47) lakh
  • Deferred tax charge/(credit): (₹4.16) lakh
  • Net profit for the quarter: ₹41.95 lakh
  • Earnings per share (₹5 face value):
  • Basic: ₹0.19
  • Diluted: ₹0.19

Half Year Ended 30th September 2026 (Unaudited):

  • Total Income: ₹5,021.22 lakh
  • Revenue from Operations: ₹4,992.79 lakh
  • Revenue from operations: ₹4,939.51 lakh
  • Other operating income: ₹53.28 lakh
  • Other Income: ₹28.43 lakh
  • Total Expenses: ₹4,950.16 lakh
  • Cost of materials consumed: ₹3,208.25 lakh
  • Changes in inventories: (₹35.75) lakh
  • Employee benefits expense: ₹238.46 lakh
  • Finance costs: ₹35.39 lakh
  • Depreciation and amortization: ₹92.88 lakh
  • Other expenses: ₹114.56 lakh
  • Power & Fuel: ₹480.03 lakh
  • Profit before tax: ₹71.06 lakh
  • Tax expense: ₹33.25 lakh
  • Current tax: ₹27.39 lakh
  • Tax pertaining to earlier years: ₹0.31 lakh
  • Deferred tax charge/(credit): ₹5.54 lakh
  • Net profit for the half year: ₹37.01 lakh
  • Earnings per share (₹5 face value):
  • Basic: ₹0.17
  • Diluted: ₹0.17

Comparative Figures

Quarter Ended 30th September 2025 (Unaudited):

  • Total Income: ₹2,210.66 lakh
  • Net profit: ₹62.76 lakh
  • EPS Basic: ₹0.28

Half Year Ended 30th September 2025 (Unaudited):

  • Total Income: ₹4,281.46 lakh
  • Net profit: ₹18.33 lakh
  • EPS Basic: ₹0.08

Quarter Ended 30th June 2026 (Unaudited):

  • Total Income: ₹2,350.25 lakh
  • Net profit: ₹20.81 lakh
  • EPS Basic: ₹0.09

Tax Regime Change

The Company has adopted the concessional tax regime under Section 200 of the Income Tax Act, 2025 effective from Tax Year 2026-27, reducing the applicable tax rate to 25.17% from the earlier rate of 27.82%. Consequently, the Company remeasured its deferred tax liabilities (net) using the reduced rate, resulting in a net reversal of ₹10.75 lakh recognized in the Statement of Profit and Loss during the half year ended 30th September 2026.

Capital Structure

  • Paid-up equity share capital (face value ₹5 each): ₹1,105.58 lakh (unchanged across all periods)
  • Other equity as at 30th September 2026: ₹2,069.39 lakh

Assets and Liabilities Position (as at 30th September 2026)

  • Total Assets: ₹5,504.95 lakh
  • Non-current assets: ₹2,550.87 lakh
  • Property, plant and equipment: ₹2,544.04 lakh
  • Other non-current assets: ₹6.83 lakh
  • Current assets: ₹2,954.08 lakh
  • Inventories: ₹755.21 lakh
  • Trade receivables: ₹1,985.09 lakh
  • Cash and cash equivalents: ₹0.85 lakh
  • Bank balances other than above: ₹14.18 lakh
  • Loans: ₹0.62 lakh
  • Other financial assets: ₹0.81 lakh
  • Other current assets: ₹497.32 lakh
  • Total Equity and Liabilities: ₹5,504.95 lakh
  • Total equity: ₹3,174.97 lakh
  • Non-current liabilities: ₹315.42 lakh
  • Borrowings: ₹175.25 lakh
  • Lease liabilities: ₹5.01 lakh
  • Deferred tax liabilities (net): ₹103.60 lakh
  • Other non-current liabilities: ₹31.56 lakh
  • Current liabilities: ₹2,014.56 lakh
  • Borrowings: ₹1,051.89 lakh
  • Lease liabilities: ₹9.03 lakh
  • Trade payables: ₹254.85 lakh
  • Other financial liabilities: ₹531.67 lakh
  • Other current liabilities: ₹111.07 lakh
  • Provisions: ₹11.50 lakh
  • Current tax liabilities (net): ₹33.91 lakh

Cash Flow Statement (Half Year Ended 30th September 2026)

  • Net cash used in operating activities: ₹(494.56) lakh
  • Net cash used in investing activities: ₹(138.19) lakh
  • Net cash from financing activities: ₹631.37 lakh
  • Net decrease in cash and cash equivalents: ₹(1.38) lakh
  • Closing cash and cash equivalents: ₹0.85 lakh

Regulatory Compliance and Approval

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors, M/s. K.N. Gutgutiya & Co., Chartered Accountants, performed a limited review and issued an unmodified review report dated 13th November 2026.

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations. The company operates in a single segment of "manufacture and sale of polymeric compounds."

Meeting Details

The Board meeting commenced at 11:00 AM and concluded at 11:31 AM on 13th November 2026.