Board Meeting Outcomes

The Board of Directors meeting held on November 3, 2026 (6:00 PM to 10:45 PM) at the registered office in Pune approved:

1. Un-Audited Standalone & Consolidated Financial Results for the half year ended September 30, 2026

2. Appointment of M/s Himanshu S K Gupta & Associates, Practicing Company Secretaries, Ahmedabad as Secretarial Auditor for FY 2026-27

3. Appointment of M/s Otawat & Associates as Internal Auditor for FY 2026-27

Financial Results - Standalone (₹ in Lakhs)

Half-Year Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹5,219.05
  • Other Income: ₹18.30
  • Total Revenue: ₹5,237.35
  • Total Expenses: ₹4,299.79
  • Profit Before Tax: ₹937.56
  • Total Tax Expense: ₹252.14
  • Profit for the period: ₹685.42
  • EPS (Basic & Diluted): ₹9.12
  • Paid-up equity share capital: ₹1,085.95

Comparative Figures:

  • Half-Year Ended March 31, 2026: Profit ₹837.04, Revenue ₹7,488.26
  • Half-Year Ended September 30, 2025: Profit ₹138.52, Revenue ₹1,825.81
  • Full Year March 31, 2026: Profit ₹975.56, Revenue ₹9,314.07

Financial Results - Consolidated (₹ in Lakhs)

Half-Year Ended September 30, 2026 (Unaudited):

  • Revenue from operations: ₹6,066.92
  • Other Income: ₹19.35
  • Total Revenue: ₹6,086.27
  • Total Expenses: ₹4,990.57
  • Profit Before Tax: ₹1,095.70
  • Total Tax Expense: ₹302.45
  • Profit before share of associate: ₹793.25
  • Share of loss of associate: ₹(0.34)
  • Profit for the period: ₹792.91
  • EPS (Basic & Diluted): ₹10.55
  • Paid-up equity share capital: ₹1,085.95

Balance Sheet Position (Standalone)

As at September 30, 2026:

  • Total Equity: ₹6,236.17 (Share Capital: ₹1,085.95, Reserves: ₹5,150.22)
  • Total Liabilities: ₹11,006.42
  • Total Assets: ₹11,006.42
  • Cash and Bank Balances: ₹2,830.86
  • Inventories: ₹1,737.63
  • Trade Receivables: ₹4,871.00

Comparative (March 31, 2026):

  • Total Equity: ₹2,069.74
  • Total Liabilities: ₹7,847.02
  • Cash and Bank Balances: ₹15.33

IPO Details and Fund Utilization

The company completed its Initial Public Offer with the following details:

  • Allotment date: 29,32,800 equity shares of ₹10 each
  • Issue price: ₹106 per share (including premium of ₹96 per share)
  • Gross proceeds: ₹3,108.77 lakhs
  • Listing date: September 28, 2026 on BSE SME Platform

Fund Utilization as of September 30, 2026:

  • Working capital requirements: Allocated ₹2,345.73 lakhs, Utilized ₹282.45 lakhs
  • Pre-payment of borrowings: Allocated ₹220.00 lakhs, Utilized ₹0
  • General corporate purposes: Allocated ₹236.37 lakhs, Utilized ₹0
  • Issue expenses: Allocated ₹306.67 lakhs, Utilized ₹0
  • Total unutilized amount: ₹2,826.32 lakhs (lying in escrow and current accounts)

Auditor Appointments

Secretarial Auditor - M/s Himanshu S K Gupta & Associates:

  • Peer reviewed firm of Practicing Company Secretaries
  • Specializes in Secretarial Audits, Corporate Law advisory, SEBI compliance
  • No relationships between directors

Internal Auditor - M/s Otawat & Associates:

  • Professionally managed firm providing audit, taxation, and corporate law services
  • Offers statutory, tax, internal audits, GST compliance, company law services
  • No relationships between directors

Subsidiary and Associate Information

Consolidation includes:

  • Robokidz Retails Private Limited (100% subsidiary, acquired March 30, 2026)
  • Growingen Solutions Private Limited (50% associate, acquired May 22, 2026)

Additional Information

  • EPS calculated giving effect to bonus issue as per AS 20
  • Single reportable segment as per AS 17
  • Comparative figures for previous periods not audited/reviewed by statutory auditors
  • Previous year figures regrouped/reclassified for comparison