SAL Automotive Limited announced its unaudited financial results for the second quarter and half year ended 30th September, 2026, following a board meeting held on 12th November, 2026 that commenced at 02:00 PM and concluded at 03:45 PM.
Financial Performance - Quarter Ended 30th September, 2026 (Unaudited)
- Income from Operations: ₹12,686 lakh (compared to ₹11,586 lakh in Q1 FY27 and ₹10,784 lakh in Q2 FY26)
- Other Income: ₹19 lakh
- Total Income: ₹12,705 lakh
- Net Profit After Tax: ₹211 lakh (compared to ₹205 lakh in Q1 FY27 and ₹186 lakh in Q2 FY26)
- Earnings Per Share (Basic): ₹4.39
- Earnings Per Share (Diluted): ₹4.39
Financial Performance - Half Year Ended 30th September, 2026 (Unaudited)
- Income from Operations: ₹24,272 lakh (compared to ₹20,787 lakh in H1 FY26)
- Other Income: ₹43 lakh
- Total Income: ₹24,315 lakh
- Net Profit After Tax: ₹416 lakh (compared to ₹272 lakh in H1 FY26)
- Earnings Per Share (Basic): ₹8.67
- Earnings Per Share (Diluted): ₹8.67
Expense Breakdown (Quarter Ended 30th September, 2026)
- Cost of Materials Consumed: ₹9,989 lakh
- Changes in Inventories: (₹179) lakh
- Employee Benefits Expense: ₹1,652 lakh
- Finance Costs: ₹81 lakh
- Depreciation and Amortisation: ₹137 lakh
- Other Expenses: ₹738 lakh
- Total Expenses: ₹12,418 lakh
Tax Expense (Quarter Ended 30th September, 2026)
- Current Tax: ₹70 lakh
- Deferred Tax: ₹6 lakh
- Total Tax: ₹76 lakh
Balance Sheet Position (as at 30th September, 2026)
- Total Assets: ₹18,732 lakh (compared to ₹14,513 lakh as at 30th September, 2025 and ₹15,080 lakh as at 31st March, 2026)
- Equity Share Capital: ₹480 lakh (unchanged)
- Other Equity: ₹4,452 lakh
- Total Equity: ₹4,932 lakh
- Non-Current Liabilities: ₹993 lakh
- Current Liabilities: ₹12,807 lakh
Cash Flow Statement (Half Year Ended 30th September, 2026)
- Net Cash from Operating Activities: ₹231 lakh
- Net Cash Used in Investing Activities: (₹257) lakh
- Net Cash Used in Financing Activities: ₹81 lakh
- Net Increase in Cash & Cash Equivalents: ₹55 lakh
- Closing Cash & Cash Equivalents: ₹64 lakh
Segment Information
The company operates in two business segments:
Automobile Components Segment (Q2 FY27):
- Revenue: ₹6,170 lakh
- Segment Result: ₹448 lakh profit
- Segment Assets: ₹10,950 lakh
- Segment Liabilities: ₹6,029 lakh
Agriculture Implements Segment (Q2 FY27):
- Revenue: ₹6,516 lakh
- Segment Result: ₹110 lakh profit
- Segment Assets: ₹6,410 lakh
- Segment Liabilities: ₹4,001 lakh
Additional Information
- Paid-up Equity Share Capital: ₹480 lakh (Face Value ₹10 per share)
- The company has manufacturing facilities at multiple locations including Nabha (Punjab), Dharwad (Karnataka), Rudrapur (Uttarakhand), and Pune (Maharashtra)