Board Meeting Details

The Board of Directors meeting was held on November 02, 2026, from 03:00 P.M. to 05:15 P.M. at the corporate office: 02, Navkruti Apartment, B/H B. R. Designs, Near Lal Bunglow, Athwa Lines, Surat 395007 Gujarat.

Financial Results Approval

The Board considered and approved the Standalone Unaudited Financial Results along with Limited Review Report for the quarter and half year ended September 30, 2026.

Financial Performance Highlights (Amounts in Lakh)

Quarterly Performance (Q2 FY27: July 01, 2026 - September 30, 2026)

  • Revenue from Operations: ₹1,023.503
  • Other Income: ₹10.114
  • Total Income: ₹1,033.617
  • Total Expenses: ₹1,035.746
  • Profit before Tax: (₹2.129) loss
  • Tax Expense: ₹0.945 (Deferred Tax)
  • Net Loss for the quarter: (₹3.074)
  • Other Comprehensive Income: ₹3.252
  • Total Comprehensive Income: ₹0.178
  • Basic EPS: (₹0.031)
  • Diluted EPS: (₹0.031)

Half-Yearly Performance (H1 FY27: April 01, 2026 - September 30, 2026)

  • Revenue from Operations: ₹2,106.758
  • Other Income: ₹13.244
  • Total Income: ₹2,120.002
  • Total Expenses: ₹2,128.542
  • Profit before Tax: (₹8.540) loss
  • Tax Expense: (₹30.776) (Deferred Tax)
  • Net Profit for half-year: ₹22.236
  • Other Comprehensive Income: ₹2.374
  • Total Comprehensive Income: ₹24.610
  • Basic EPS: ₹0.221
  • Diluted EPS: ₹0.221

Comparative Performance

Q2 FY27 vs Q2 FY26:

  • Revenue increased 21.8% from ₹840.298 lakh to ₹1,023.503 lakh
  • Net loss improved from (₹24.208) lakh to (₹3.074) lakh

H1 FY27 vs H1 FY26:

  • Revenue increased 28.1% from ₹1,644.736 lakh to ₹2,106.758 lakh
  • Net profit improved from (₹51.638) lakh loss to ₹22.236 lakh profit

Key Financial Ratios

  • Debt Equity Ratio: 0.794 (Q2 FY27), 0.817 (Q1 FY27), 0.905 (Q2 FY26)
  • Debt Service Coverage Ratio: 0.480 (Q2 FY27), 0.448 (Q1 FY27), 0.366 (Q2 FY26)
  • Interest Service Coverage Ratio: 0.931 (Q2 FY27), 0.787 (Q1 FY27), 0.079 (Q2 FY26)

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹4,567.633 lakh
  • Non-Current Assets: ₹2,334.338 lakh
  • Current Assets: ₹2,233.295 lakh
  • Equity Share Capital: ₹1,005.840 lakh
  • Other Equity: ₹1,105.133 lakh
  • Total Equity: ₹2,110.973 lakh
  • Non-Current Liabilities: ₹933.326 lakh
  • Current Liabilities: ₹1,523.333 lakh
  • Total Liabilities: ₹2,456.659 lakh

Cash Flow Statement (H1 FY27)

  • Net Cash Flow from Operating Activities: ₹39.871 lakh
  • Net Cash Flow from Investing Activities: ₹14.760 lakh
  • Net Cash Flow from Financing Activities: (₹53.863) lakh
  • Net Increase in Cash & Cash Equivalents: ₹0.768 lakh
  • Cash & Cash Equivalents at end of period: ₹2.949 lakh

Additional Information

  • Investor Complaints: No complaints pending at beginning, received, or remaining unresolved during the quarter
  • Operating Segment: Single operating segment as per IND AS 108
  • Subsidiaries/JVs/Associates: None reported
  • Limited Review Report: Conducted by Pradeep K. Singhi & Associates (FRN: 0126027W), confirming no material misstatements