1. Financial Results Approval
The Board approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the limited review report issued by the statutory auditors.
Quarter Ended September 30, 2026 Financial Highlights:
- Revenue from Operations: ₹1,140.11 lakh
- Other Income: ₹0.75 lakh
- Total Income: ₹1,140.86 lakh
- Total Expenses: ₹1,096.13 lakh
- Profit before Tax: ₹44.73 lakh
- Tax Expense: ₹11.26 lakh
- Profit after Tax: ₹33.47 lakh
- Earnings per Share (Basic & Diluted): ₹0.73
Half Year Ended September 30, 2026 Financial Highlights:
- Revenue from Operations: ₹2,524.48 lakh
- Other Income: ₹1.22 lakh
- Total Income: ₹2,525.70 lakh
- Total Expenses: ₹2,375.46 lakh
- Profit before Tax: ₹150.24 lakh
- Tax Expense: ₹38.18 lakh
- Profit after Tax: ₹112.06 lakh
- Earnings per Share (Basic & Diluted): ₹2.45
Comparative Figures (Quarter Ended September 30, 2025):
- Revenue from Operations: ₹829.44 lakh
- Profit after Tax: ₹2.37 lakh
- EPS: ₹0.05
Balance Sheet Highlights as at September 30, 2026:
- Total Assets: ₹2,017.03 lakh
- Equity Share Capital: ₹456.98 lakh
- Other Equity: ₹946.16 lakh
- Non-current Borrowings: ₹261.54 lakh
- Current Borrowings: ₹58.12 lakh
Cash Flow Highlights for Half Year Ended September 30, 2026:
- Net Cash from Operating Activities: ₹70.65 lakh
- Net Cash Used in Investing Activities: ₹0.00
- Net Cash Used in Financing Activities: ₹(71.12) lakh
- Net Decrease in Cash: ₹(0.47) lakh
2. Capital Expenditure Approval
The Board approved a Detailed Project Report (DPR) for capital expenditure totaling ₹985.30 lakh for procurement and installation of machinery aimed at technological advancement and upgradation of manufacturing capabilities.
Funding Structure:
- ₹862.00 lakh capitalized amount
- ₹600.00 lakh from proposed term loan
- ₹262.00 lakh from internal accruals
The equipment proposed is of indigenous manufacture and proven capability, to be installed at existing facilities. The investment is intended to enhance operational efficiency, improve productivity, upgrade technological capabilities, and strengthen the company's overall manufacturing infrastructure.
Auditor Review
The statutory auditors, NAC And Associates LLP, conducted a limited review of the financial results and issued a clean report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Additional Notes
- The company operates primarily in the Plastic Films business segment
- Figures for corresponding periods have been regrouped and reclassified where necessary
- The results were reviewed by the Audit Committee before Board approval