Meeting Details

The board meeting was held on Thursday, 05 November 2026 at the corporate office (House No. 248, Karta Ram Gali, Ghass Mandi, Chaura Bazar, Ludhiana, Punjab-141008) from 5:00 PM to 6:00 PM.

Financial Results Overview (Quarter Ended 30 September 2026)

  • Revenue from operations: ₹966.90 lakh (compared to ₹2,907.18 lakh in Q2 FY26)
  • Other income: ₹110.09 lakh (compared to ₹-0.05 lakh in Q2 FY26)
  • Total income: ₹1,076.99 lakh (compared to ₹2,907.13 lakh in Q2 FY26)
  • Total expenses: ₹938.60 lakh (compared to ₹2,844.06 lakh in Q2 FY26)
  • Profit before tax: ₹138.39 lakh (compared to ₹63.07 lakh in Q2 FY26)
  • Tax expense: ₹39.83 lakh (₹35.53 lakh current tax + ₹4.30 lakh deferred tax)
  • Net profit after tax: ₹98.56 lakh (compared to ₹44.88 lakh in Q2 FY26)
  • Earnings per share (basic & diluted): ₹1.58 (compared to ₹0.72 in Q2 FY26)

Financial Results Overview (Half Year Ended 30 September 2026)

  • Revenue from operations: ₹2,005.24 lakh (compared to ₹5,079.53 lakh in H1 FY26)
  • Other income: ₹110.09 lakh (compared to ₹0.27 lakh in H1 FY26)
  • Total income: ₹2,115.33 lakh (compared to ₹5,079.80 lakh in H1 FY26)
  • Total expenses: ₹1,961.49 lakh (compared to ₹4,960.46 lakh in H1 FY26)
  • Profit before tax: ₹153.84 lakh (compared to ₹119.34 lakh in H1 FY26)
  • Tax expense: ₹44.25 lakh (₹39.63 lakh current tax + ₹4.62 lakh deferred tax)
  • Net profit after tax: ₹109.59 lakh (compared to ₹87.25 lakh in H1 FY26)
  • Earnings per share (basic & diluted): ₹1.75 (compared to ₹1.40 in H1 FY26)

Balance Sheet Highlights (as at 30 September 2026)

  • Total assets: ₹2,966.31 lakh (compared to ₹3,832.02 lakh as at 31 March 2026)
  • Current assets: ₹2,609.07 lakh (including inventories of ₹894.65 lakh and trade receivables of ₹1,486.04 lakh)
  • Non-current assets: ₹357.24 lakh
  • Shareholders' funds: ₹1,239.98 lakh (equity share capital: ₹624.82 lakh, retained earnings: ₹615.16 lakh)
  • Current liabilities: ₹1,687.02 lakh (including borrowings of ₹11.68 lakh and trade payables of ₹629.58 lakh)
  • Non-current liabilities: ₹39.31 lakh

Cash Flow Statement (Half Year Ended 30 September 2026)

  • Net cash from operating activities: ₹1,135.33 lakh
  • Net cash used in investing activities: ₹-4.75 lakh
  • Net cash used in financing activities: ₹-1,126.34 lakh
  • Net increase in cash: ₹4.24 lakh
  • Cash and cash equivalents at period end: ₹14.50 lakh

Significant Accounting Note

During the quarter, the Company sold goods valued at ₹9.30 crore to a customer against full advance payment. The goods continue to be held at the Company's premises at the customer's request but are separately identified as belonging to the customer, ready for delivery on demand. Revenue of ₹9.30 crore was recognized in the quarter under Ind AS 115 as control passed to the customer on 30 September 2026. The tax invoice will be raised upon removal of goods by the customer.

Auditor Review

The financial results were reviewed by Kapish Jain & Associates, Chartered Accountants (Firm Registration No. 022743N), who issued an unmodified review report dated 05 November 2026 stating that nothing came to their attention causing them to believe the statement contains material misstatements.

Segment Information

The Company has a single reportable segment for the purpose of Ind AS-108.

Related Party Transactions

The Company has no holding, subsidiary, associates or joint venture relationships with any other company as at 30 September 2026.