Board Meeting Details

The Board of Directors meeting was held on Saturday, November 14, 2026, commencing at 12:00 a.m. and concluding at 02:50 p.m.

The Board considered and approved:

  • Unaudited Financial Results for the 2nd quarter and half-year ended September 30, 2026
  • Both standalone and consolidated financial results
  • Limited Review Reports issued by Statutory Auditors

Financial Results Approval Process

The results were reviewed by the Audit Committee and statutory auditors M/s Chandarana & Sanklecha, Chartered Accountants (FRN: 0005575) before board approval.

Publication Arrangements

Arrangements have been made for publication of extracts of the Audited Financial Results in newspapers as required by Regulation 47 of SEBI Listing Regulations.

The Financial Results are available on the company's website at https://prithvifx.com/investor-relations-guaterly-financial-results/.

Standalone Financial Results (Quarter Ended September 30, 2026)

Income Statement Highlights:

  • Total Income: Rs 13,135.41 lakh (Q2 FY27) vs Rs 10,217.04 lakh (Q2 FY26)
  • Income from Operations: Rs 13,130.90 lakh
  • Sale of foreign currencies: Rs 13,108.58 lakh
  • Other Operating Income: Rs 22.32 lakh
  • Other Income: Rs 4.51 lakh

Expenditure Breakdown:

  • Purchase of foreign currencies: Rs 13,080.44 lakh
  • Cost of services: Rs 46.99 lakh
  • Change in inventory: (Rs 82.79) lakh
  • Employees Benefit Expenses: Rs 47.69 lakh
  • Finance Cost: Rs 2.23 lakh
  • Depreciation: Rs 1.67 lakh
  • Amortisation of Lease: Rs 0.99 lakh
  • Other Expenses: Rs 26.35 lakh
  • Total Expenses: Rs 13,123.57 lakh

Profitability Metrics:

  • Profit before tax: Rs 11.84 lakh
  • Tax expense: Rs 2.60 lakh
  • Net Profit after tax: Rs 9.24 lakh
  • Other Comprehensive Income: Rs 5.23 lakh
  • Total Comprehensive Income: Rs 14.47 lakh

Earnings Per Share:

  • Basic EPS: Rs 1.12
  • Diluted EPS: Rs 1.12

Half-Year Performance (Standalone)

Income Statement Highlights (H1 FY27):

  • Total Income: Rs 24,221.16 lakh
  • Profit before tax: Rs 21.33 lakh
  • Tax expense: Rs 5.00 lakh
  • Net Profit after tax: Rs 16.33 lakh
  • Total Comprehensive Income: Rs 21.25 lakh
  • Basic EPS: Rs 1.98
  • Diluted EPS: Rs 1.98

Balance Sheet Position (Standalone as at September 30, 2026)

Assets:

  • Total Assets: Rs 10,571.18 lakh
  • Non-current assets: Rs 2,702.93 lakh
  • Property, Plant and Equipment: Rs 305.39 lakh
  • Right of use Asset: Rs 99.10 lakh
  • Capital work-in-progress: Rs 186.83 lakh
  • Intangibles under development: Rs 1,218.61 lakh
  • Investment Property: Rs 893.00 lakh
  • Current assets: Rs 7,868.25 lakh
  • Inventories: Rs 2,887.74 lakh
  • Trade receivables: Rs 1,663.47 lakh
  • Cash & cash equivalents: Rs 1,901.91 lakh
  • Bank balances: Rs 864.93 lakh
  • Loans: Rs 29.21 lakh
  • Current tax assets: Rs 120.22 lakh
  • Other current assets: Rs 400.77 lakh

Equity and Liabilities:

  • Equity Share Capital: Rs 824.97 lakh
  • Other equity: Rs 4,674.64 lakh
  • Total equity: Rs 5,499.61 lakh
  • Non-current liabilities: Rs 231.40 lakh
  • Lease Liabilities: Rs 57.90 lakh
  • Deferred tax liability: Rs 167.39 lakh
  • Provisions: Rs 6.11 lakh
  • Current liabilities: Rs 4,840.17 lakh
  • Borrowings: Rs 1,574.78 lakh
  • Trade payables: Rs 1,775.57 lakh
  • Lease Liabilities: Rs 41.97 lakh
  • Other financial liabilities: Rs 179.54 lakh
  • Other current liabilities: Rs 1,224.51 lakh
  • Provisions: Rs 43.80 lakh

Consolidated Financial Results (Quarter Ended September 30, 2026)

Income Statement Highlights:

  • Total Income: Rs 13,136.22 lakh
  • Net Profit after tax: Rs 9.14 lakh
  • Total Comprehensive Income: Rs 14.37 lakh
  • Basic EPS: Rs 1.11
  • Diluted EPS: Rs 1.11

Half-Year Performance (Consolidated)

Income Statement Highlights (H1 FY27):

  • Total Income: Rs 24,222.76 lakh
  • Net Profit after tax: Rs 16.49 lakh
  • Total Comprehensive Income: Rs 21.41 lakh
  • Basic EPS: Rs 2.00
  • Diluted EPS: Rs 2.00

Regulatory Impact Disclosure

The Reserve Bank of India circular No. 08 dated May 27, 2024 (operational from July 1, 2024) requires Authorised Dealers and FFMCs to maintain sales of foreign currencies to the public at not less than 75% of the value of foreign currency notes purchased from other FFMCs/ADs on a quarterly basis. This circular has had a financial impact on the company's performance in the current quarter.

Segment Information

The company operates in one business segment: Foreign Exchange. The reported revenue and assets of the associate company (Prithvi Global FX Private Limited) and subsidiary company (Octagon Insurance Broking Private Limited) are within the threshold limit of 10% of the combined revenue or assets of the group.

Cash Flow Statements

Both standalone and consolidated cash flow statements for the half-year ended September 30, 2026, are provided showing operating, investing, and financing activities.