Financial Results Overview (Rupees in Lakhs)
Quarterly Performance (Unaudited)
- Quarter Ended September 30, 2026: Net loss of ₹116.99 lakh
- Quarter Ended June 30, 2026: Net loss of ₹119.87 lakh
- Quarter Ended September 30, 2025: Net profit of ₹78.62 lakh
Half-Yearly Performance (Unaudited)
- Half Year Ended September 30, 2026: Net loss of ₹236.86 lakh
- Half Year Ended September 30, 2025: Net profit of ₹466.41 lakh
Revenue Performance
- Q2 FY2026: Revenue from operations ₹3.06 lakh (vs ₹248.83 lakh in Q2 FY2025)
- H1 FY2026: Revenue from operations ₹3.06 lakh (vs ₹863.66 lakh in H1 FY2025)
Expense Breakdown (H1 FY2026)
- Cost of materials consumed: ₹182.83 lakh
- Purchase and Project Development Expenses: ₹157.96 lakh
- Employee benefits expense: ₹44.79 lakh
- Finance costs: ₹37.46 lakh
- Depreciation and amortization: ₹39.03 lakh
- Other expenses: ₹75.83 lakh
Earnings Per Share
- Basic EPS (continuing operations): (₹0.04) for H1 FY2026
- Diluted EPS (continuing operations): (₹0.04) for H1 FY2026
Balance Sheet Position (as at September 30, 2026)
- Total Assets: ₹14,404.44 lakh
- Inventories: ₹5,574.83 lakh
- Property Plant and Equipment: ₹493.94 lakh
- Cash and cash equivalents: ₹38.70 lakh
- Equity Share capital: ₹5,488.82 lakh (Face Value ₹1 per share)
- Other Equity: ₹1,293.01 lakh
- Borrowings (Non-current): ₹898.54 lakh
- Borrowings (Current): ₹2,472.13 lakh
Cash Flow Statement (H1 FY2026)
- Cash from Operating Activities: Negative ₹319.47 lakh
- Cash from Investment Activities: ₹7.32 lakh
- Cash from Financing Activities: ₹323.70 lakh
- Net Increase in Cash: ₹11.55 lakh
- Cash at Beginning: ₹7.14 lakh
- Cash at End: ₹18.69 lakh
Notes to Financial Results
1. Financial results reviewed by Audit Committee and approved by Board on November 06, 2026
2. Prepared in accordance with Companies (Indian Accounting Standard) Rules, 2015 and SEBI LODR Regulation 33
3. Single reportable segment: Construction business
4. Consolidated financial statements not applicable
5. Previous period figures have been restated/regrouped for comparability
Auditor's Limited Review Report
Sparth & Co, Chartered Accountants (Firm Reg. No.: 154463W) issued a limited review report with the following qualification:
- No provision has been made for gratuity, which is not in accordance with accounting prescribed under Ind AS 19
- The review was conducted under SRE 2410 standards issued by ICAI
- The report does not express an audit opinion but provides moderate assurance
Compliance Information
- Company Secretary & Compliance Officer: Khyati Kapadia
- Digital signature by: Khyatiben Dhruv Kapadia
- Company CIN: L45201GJ1995PLC024491