Financial Results Overview

The company reported unaudited standalone financial results for the quarter ended 30 September 2026:

  • Total Revenue: ₹377.66 lakh (Q2 FY26: ₹536.22 lakh)
  • Profit Before Tax: ₹55.68 lakh (Q2 FY26: ₹275.07 lakh)
  • Net Profit: ₹37.43 lakh (Q2 FY26: ₹220.33 lakh)
  • Basic EPS: ₹0.33 (Q2 FY26: ₹1.99)

Half-year results (1 April 2026 to 30 September 2026):

  • Total Revenue: ₹837.04 lakh (H1 FY26: ₹1,017.16 lakh)
  • Profit Before Tax: ₹189.41 lakh (H1 FY26: ₹503.42 lakh)
  • Net Profit: ₹83.52 lakh (H1 FY26: ₹381.87 lakh)
  • Basic EPS: ₹0.75 (H1 FY26: ₹3.44)

Segment Performance

Real Estate & Renting Segment:

  • Q2 Revenue: ₹406.71 lakh
  • Q2 Segment Profit: ₹245.13 lakh

Investment Segment:

  • Q2 Revenue: ₹(29.05) lakh (negative)
  • Q2 Segment Loss: ₹(35.88) lakh

Key Financial Metrics

  • Finance Costs: ₹73.75 lakh (Q2)
  • Depreciation: ₹71.75 lakh (Q2)
  • Employee Benefits: ₹22.14 lakh (Q2)
  • Tax Expense: ₹18.25 lakh (Q2, comprising current tax ₹(1.80) lakh and deferred tax ₹20.05 lakh)

Assets and Liabilities (as of 30 September 2026)

  • Total Assets: ₹12,309.15 lakh
  • Non-current Assets: ₹11,791.18 lakh (including Property, Plant & Equipment: ₹6,278.40 lakh, Investment Property: ₹5,094.96 lakh)
  • Current Assets: ₹517.97 lakh
  • Total Equity: ₹7,675.45 lakh
  • Borrowings: ₹3,463.08 lakh (Non-current: ₹2,897.11 lakh, Current: ₹565.97 lakh)

Cash Flow Statement

For half-year ended 30 September 2026:

  • Cash from Operating Activities: ₹366.72 lakh
  • Cash from Investing Activities: ₹(583.41) lakh (mainly due to PPE purchase of ₹1,818.70 lakh)
  • Cash from Financing Activities: ₹130.51 lakh
  • Net decrease in cash: ₹(86.18) lakh

Management Change

Mr. Sandeep Prakash Naolekar (DIN: 00140117), Independent Director, expressed unwillingness for re-appointment upon expiry of his term on 11 November 2026. He will cease to be member of:

  • Audit Committee
  • Nomination and Remuneration Committee
  • Stakeholders Relationship Committee
  • Corporate Social Responsibility Committee

The Board placed on record its appreciation for his contributions during his tenure from 12 November 2021 to 11 November 2026.

Related Party Transactions

Disclosed transactions with related parties including Krishna Kripa Holdings Pvt Ltd and D&H Secheron Electrodes Pvt Ltd during the reporting period.

Board Meeting Details

Meeting commenced at 2:00 PM and concluded at 3:00 PM on 6 November 2026.