Summary of Key Information:
Reporting Period (Quarter/Year): Quarter 2 and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results Approval
Audit Opinion:
Clean (Unmodified) - Limited Review Report issued by M/s. Pankaj Shah & Associates
Key Financial Highlights [Rs. in Million]:
Standalone Results:
Quarter Ended September 2026:
- Revenue from Operations: ₹3,872.37 (QoQ: +23.1% from ₹3,146.35; YoY: +35.4% from ₹2,858.68)
- Total Income: ₹3,928.41
- Net Profit: ₹240.97 (QoQ: +32.2% from ₹182.37; YoY: +56.1% from ₹154.33)
- EPS: Basic ₹3.24, Diluted ₹3.16
Half Year Ended September 2026:
- Revenue from Operations: ₹7,018.72 (YoY: +27.5% from ₹5,504.91)
- Total Income: ₹7,112.67
- Net Profit: ₹423.34 (YoY: +39.4% from ₹303.79)
- EPS: Basic ₹5.83, Diluted ₹5.69
Balance Sheet Position as of September 30, 2026:
- Other Equity: ₹9,983.67
- Cash and Cash Equivalents: ₹2,486.97
- Total Debt: Short-term ₹1,893.58 + Long-term ₹749.75 = ₹2,643.33
- Total Assets: ₹16,424.63
Consolidated Results:
Quarter Ended September 2026:
- Revenue from Operations: ₹3,872.37
- Total Income: ₹3,928.41
- Net Profit: ₹240.71
- EPS: Basic ₹3.24, Diluted ₹3.16
Half Year Ended September 2026:
- Revenue from Operations: ₹7,018.72
- Total Income: ₹7,112.67
- Net Profit: ₹423.08
- EPS: Basic ₹5.83, Diluted ₹5.69
Segment-wise Performance [Rs. in Million]:
Quarter Ended September 2026:
- Domestic Revenue: ₹3,712.64 (95.9% of total)
- Export Revenue: ₹159.73 (4.1% of total)
- Domestic Segment Profit before Tax & Interest: ₹353.25
- Total Segments Result: ₹353.25
Half Year Ended September 2026:
- Domestic Revenue: ₹6,759.44 (96.3% of total)
- Export Revenue: ₹259.28 (3.7% of total)
- Domestic Segment Profit before Tax & Interest: ₹639.23
- Total Segments Result: ₹639.23
Corporate Actions:
Not Specified
Other Significant Information:
Balance Sheet Changes (Standalone):
- Property, Plant & Equipment: ₹2,430.18 (vs. ₹2,420.98 as of March 2026)
- Capital Work-in-Progress: ₹1,480.80 (vs. ₹823.80 as of March 2026)
- Inventories: ₹3,499.39 (vs. ₹2,894.44 as of March 2026)
- Trade Receivables: ₹2,204.15 (vs. ₹1,746.48 as of March 2026)
- Equity Share Capital: ₹839.26 (vs. ₹681.90 as of March 2026)
Cash Flow Statement (Standalone for H1 FY26):
- Net Cash from Operating Activities: (₹303.86)
- Net Cash from Investing Activities: (₹774.03)
- Net Cash from Financing Activities: ₹2,855.83
- Net Increase in Cash: ₹1,777.94
Subsidiary Information:
- The consolidated results include Ratnaveer Stainless Inox LLC
- The subsidiary contributed Rs. 0 Lakh to total revenues and Rs. 0 Lakh to net profit for the quarter