Board Meeting Details
The Board of Directors meeting was held on October 29, 2026, commencing at 04:00 PM and concluding at 04:40 PM. The board considered and approved:
- Unaudited Financial Statements along with Limited Review Report for half year ended September 30, 2026
- Disclosure of Related Party Transaction for half year ended September 30, 2026
- Disclosure of statement of deviation or variation in utilization of funds raised through IPO for half year ended September 30, 2026
- Interim dividend of ₹1 per equity share
Dividend Declaration
Declared interim dividend of ₹1 per equity share with record date fixed as November 4, 2026 and payout date as November 25, 2026.
Financial Results Highlights (Half Year Ended September 30, 2026)
Income Statement:
- Revenue from operations: ₹8,406.23 lakhs
- Other income: ₹32.56 lakhs
- Total Income: ₹8,438.79 lakhs
- Cost of materials consumed: ₹5,426.15 lakhs
- Cost of Services: ₹1,461.74 lakhs
- Employee benefits expense: ₹271.87 lakhs
- Finance Cost: ₹27.69 lakhs
- Depreciation and Amortization Expenses: ₹38.22 lakhs
- Other Expenses: ₹112.83 lakhs
- Total expenses: ₹7,338.48 lakhs
- Profit before tax: ₹1,100.31 lakhs
- Current tax: ₹277.94 lakhs
- Deferred tax expense: ₹3.94 lakhs
- Net profit for the period: ₹818.43 lakhs
Earnings Per Share:
- Basic EPS: ₹5.88
- Diluted EPS: ₹5.88
Balance Sheet Position (as at September 30, 2026):
- Share capital: ₹1,393.00 lakhs
- Reserves and surplus: ₹4,296.49 lakhs
- Long Term Borrowings: ₹25.77 lakhs
- Long-term Provisions: ₹31.80 lakhs
- Short-term borrowings: ₹131.96 lakhs
- Trade Payables (micro/small enterprises): ₹2,087.78 lakhs
- Trade Payables (other creditors): ₹6,634.18 lakhs
- Short-term provisions: ₹140.54 lakhs
- Other current liabilities: ₹82.96 lakhs
- Total Liabilities: ₹14,824.48 lakhs
Asset Position:
- Property, Plant and Equipment: ₹921.04 lakhs
- Intangible assets under development: ₹322.96 lakhs
- Non-Current investments: ₹9.49 lakhs
- Deferred tax assets: ₹6.41 lakhs
- Other non-current assets: ₹426.83 lakhs
- Inventories: ₹2,713.43 lakhs
- Trade Receivables: ₹9,601.89 lakhs
- Cash and cash equivalents: ₹4.20 lakhs
- Bank balances other than cash: ₹620.54 lakhs
- Short-term loans and advances: ₹21.91 lakhs
- Other current assets: ₹175.80 lakhs
- Total Assets: ₹14,824.48 lakhs
IPO Fund Utilization Status
Fund Raising Details:
- Mode: Public Issues
- Date of Raising Funds: September 23, 2025 to September 26, 2025
- Amount Raised: ₹2,349.90 lakhs
Utilization as on September 30, 2026:
- Repayment of Certain Borrowings: ₹632.93 lakhs utilized (original allocation: ₹633 lakhs)
- Unidentified Acquisitions in India: ₹0 utilized (original allocation: ₹100 lakhs) - amount deposited in FD account
- Funding working capital requirement: ₹1,100 lakhs utilized (original allocation: ₹1,100 lakhs)
- General corporate purposes: ₹290.50 lakhs utilized (original allocation: ₹281.70 lakhs)
- Issue Expense: ₹226.40 lakhs utilized (original allocation: ₹235.20 lakhs)
Total Utilization: ₹2,249.83 lakhs
Unutilized Amount: ₹100.07 lakhs (temporarily invested in fixed deposits with scheduled banks)
Deviation Status: No deviation/variation in use of funds raised. Audit Committee comments: Nil. Auditors comments: Nil.
Auditor Certification
STRG & Associates Chartered Accountants (FRN: 014826N) issued limited review report on financial results for half year ended September 30, 2026 with unmodified opinion. The utilization certificate confirms proper utilization of IPO proceeds as disclosed.
Additional Information
The company is exempt from compulsory adoption of Ind AS as it is listed on SME exchange. The financial results are available on company's website (www.praruh.in) and BSE website (www.bseindia.com).