Financial Results Summary
Quarterly Performance (Q2 FY2026 vs Q2 FY2025)
- Total Income: ₹86.36 crore (Q2 FY2026) vs ₹69.10 crore (Q2 FY2025)
- Revenue from Operations (Gross): ₹86.12 crore (Q2 FY2026) vs ₹69.04 crore (Q2 FY2025)
- Other Income: ₹0.24 crore (Q2 FY2026) vs ₹0.06 crore (Q2 FY2025)
- Profit Before Tax: ₹3.80 crore (Q2 FY2026) vs ₹3.65 crore (Q2 FY2025)
- Tax Expense: ₹0.77 crore (Current: ₹0.76 crore, Deferred: ₹0.01 crore)
- Net Profit: ₹3.03 crore (Q2 FY2026) vs ₹2.91 crore (Q2 FY2025)
- EPS (Basic & Diluted): ₹3.13 (Q2 FY2026) vs ₹3.01 (Q2 FY2025)
Half-Yearly Performance (H1 FY2026 vs H1 FY2025)
- Total Income: ₹125.68 crore (H1 FY2026) vs ₹120.32 crore (H1 FY2025)
- Revenue from Operations (Gross): ₹125.37 crore (H1 FY2026) vs ₹119.29 crore (H1 FY2025)
- Other Income: ₹0.31 crore (H1 FY2026) vs ₹1.02 crore (H1 FY2025)
- Profit Before Tax: ₹4.36 crore (H1 FY2026) vs ₹4.67 crore (H1 FY2025)
- Tax Expense: ₹0.90 crore (Current: ₹0.87 crore, Deferred: ₹0.03 crore)
- Net Profit: ₹3.46 crore (H1 FY2026) vs ₹3.63 crore (H1 FY2025)
- EPS (Basic & Diluted): ₹3.58 (H1 FY2026) vs ₹3.76 (H1 FY2025)
Expense Breakdown (H1 FY2026)
- Cost of materials consumed: ₹87.09 crore
- Purchases of stock in trade: ₹1.13 crore
- Changes in inventories: ₹-15.98 crore (decrease)
- Employees Benefits Expense: ₹6.95 crore
- Finance Costs: ₹3.56 crore
- Depreciation and Amortisation: ₹3.11 crore
- Other expenses: ₹35.46 crore
Balance Sheet Position (as of 30 September 2026)
- Total Assets: ₹244.13 crore (vs ₹218.03 crore as of 31 March 2026)
- Non-current Assets: ₹128.03 crore (Property, Plant & Equipment: ₹118.73 crore, Capital work in progress: ₹7.42 crore)
- Current Assets: ₹116.10 crore (Inventories: ₹60.10 crore, Trade receivables: ₹35.00 crore, Cash & cash equivalents: ₹2.82 crore)
- Total Equity: ₹109.48 crore (Equity Share capital: ₹9.65 crore, Other Equity: ₹99.83 crore)
- Non-current Liabilities: ₹50.07 crore (Borrowings: ₹46.53 crore, Deferred tax liabilities: ₹3.54 crore)
- Current Liabilities: ₹84.58 crore (Borrowings: ₹59.99 crore, Trade payables: ₹13.02 crore, Other current liabilities: ₹9.22 crore)
Cash Flow Statement (H1 FY2026)
- Net Cash from Operating Activities: ₹-0.68 crore
- Net Cash used in Investing Activities: ₹-13.73 crore (Purchase of property, plant & equipment: ₹-0.70 crore, Capital work in progress: ₹-7.42 crore, Fixed deposits: ₹-7.20 crore)
- Net Cash from Financing Activities: ₹13.08 crore (Proceeds from short-term borrowings: ₹16.19 crore, Interest paid: ₹-3.11 crore)
- Net decrease in cash: ₹-1.32 crore
- Cash and cash equivalents at end: ₹2.82 crore
Management Changes
- Resignation: Mr. Rajnish Mittal resigned as Chief Financial Officer effective 10 November 2026.
- Appointment: Mr. Balkishan Bagla appointed as Chief Financial Officer effective 11 November 2026. Mr. Bagla is a Chartered Accountant with over 19 years of experience in corporate finance, financial accounting, tax planning, statutory compliance, and banking relations.
Auditor's Limited Review Report
Ashwani K Sindwani & Co. conducted a review in accordance with SRE 2410 and concluded that nothing has come to their attention that causes them to believe that the Statement has not been prepared in all material respects in accordance with Ind AS and other recognized accounting practices and policies.
Meeting Details
The Board meeting commenced at 04:30 PM and concluded at 05:15 PM on 10 November 2026.