Sancode Technologies H1 FY27 Net Profit ₹16.94 Lakhs

Key Financial Figures - Consolidated Results (₹ in Lakhs)

Income Statement Highlights:

Total Income: ₹798.72 lakhs (H1 FY27) vs ₹747.03 lakhs (H1 FY26)
Revenue from Operations: ₹785.70 lakhs (H1 FY27) vs ₹745.59 lakhs (H1 FY26)
Other Income: ₹13.02 lakhs (H1 FY27) vs ₹1.44 lakhs (H1 FY26)
Total Expenses: ₹781.16 lakhs (H1 FY27) vs ₹771.45 lakhs (H1 FY26)
Employee Benefit Expense: ₹103.44 lakhs
Finance Cost: ₹3.25 lakhs
Depreciation and Amortization: ₹2.95 lakhs
Other Expenses: ₹671.52 lakhs
Net Profit after tax: ₹16.94 lakhs (H1 FY27) vs loss of ₹11.22 lakhs (H1 FY26)
Attributable to Parent: ₹14.15 lakhs
Attributable to Non-Controlling Interest: ₹2.78 lakhs

Capital Structure:

Paid-up Equity Share Capital: ₹745.56 lakhs (face value ₹10 each) vs ₹406.89 lakhs in previous periods
Earnings Per Share (Basic): ₹0.29 (Total), ₹0.24 (Attributable to Parent)
Earnings Per Share (Diluted): ₹0.29 (Total), ₹0.24 (Attributable to Parent)

Key Financial Figures - Standalone Results (₹ in Lakhs)

Income Statement Highlights:

Total Income: ₹34.97 lakhs (H1 FY27) vs ₹49.03 lakhs (H1 FY26)
Revenue from Operations: ₹12.00 lakhs (H1 FY27) vs ₹32.62 lakhs (H1 FY26)
Other Income: ₹22.97 lakhs (H1 FY27) vs ₹16.41 lakhs (H1 FY26)
Total Expenses: ₹29.79 lakhs (H1 FY27) vs ₹32.59 lakhs (H1 FY26)
Net Profit after tax: ₹5.17 lakhs (H1 FY27) vs ₹16.44 lakhs (H1 FY26)
Earnings Per Share (Basic): ₹0.09
Earnings Per Share (Diluted): ₹0.09

Capital Structure Changes

The company underwent significant capital changes during the period:

1. August 19, 2025: Shareholders approved allotment of 11,11,111 convertible warrants at issue price of ₹54 per warrant (premium ₹44). All warrants converted to equity shares on May 14, 2026.

2. March 25, 2026: Shareholders approved allotment of 23,25,582 convertible warrants at issue price of ₹172 per warrant (premium ₹162). Out of these, 22,75,582 warrants converted to equity shares on July 22, 2026, while 50,000 warrants remain unconverted.

Subsidiary Information

The consolidated results include the following subsidiaries:

| Zsolt Ventures LLC | Wholly owned Subsidiary | USA | 100% |

Note: Sancode Electronics Private Limited was incorporated on April 15, 2026.

Auditor's Qualifications

The statutory auditor, M/S R T Jain & Co LLP, issued a limited review report with the following qualifications:

1. Three subsidiaries with total revenues of ₹719.93 lakhs, net profit after tax of ₹4.44 lakhs, total assets of ₹11,843.05 lakhs, and total cash outflows of ₹906.14 lakhs were not reviewed by the auditor. Their results were reviewed by other auditors.

2. Two subsidiaries with total revenues of ₹56.77 lakhs, net profit after tax of ₹7.33 lakhs, total assets of ₹301.18 lakhs, and total cash outflow of ₹94.29 lakhs had their interim financial statements prepared and certified by management without auditor review.

Segment Reporting

The company operates in two main segments:

Business Segments:

Technology Advisory Services: Revenue ₹788.70 lakhs, Segment result ₹13.10 lakhs
Semiconductor (OSAT): Revenue nil, Segment loss ₹5.31 lakhs
Others: Revenue nil, Segment result ₹14.56 lakhs

Geographical Segments:

India: Revenue ₹731.93 lakhs, PAT ₹9.61 lakhs
Outside India: Revenue ₹56.77 lakhs, PAT ₹7.33 lakhs

Cash Flow Analysis

Consolidated Cash Flow (₹ in Lakhs):

Operating Activities: Net cash inflow ₹150.87 lakhs
Investing Activities: Net cash outflow ₹10,461.78 lakhs (including ₹10,000 lakhs investment in fixed deposits)
Financing Activities: Net cash inflow ₹11,393.88 lakhs (including ₹338.67 lakhs share capital increase, ₹4,165.44 lakhs securities premium, ₹6,398.80 lakhs CCPS issue by subsidiary)

Standalone Cash Flow (₹ in Lakhs):

Operating Activities: Net cash inflow ₹21.58 lakhs
Investing Activities: Net cash outflow ₹4,318.52 lakhs (including ₹4,340.98 lakhs investments purchased)
Financing Activities: Net cash inflow ₹4,379.48 lakhs

Balance Sheet Position

Consolidated (as at September 30, 2026):

Total Assets: ₹12,622.25 lakhs (vs ₹1,036.29 lakhs as at March 31, 2026)
Shareholders' Funds: ₹11,100.31 lakhs
Cash and Cash Equivalents: ₹1,374.28 lakhs

Standalone (as at September 30, 2026):

Total Assets: ₹5,302.40 lakhs (vs ₹911.89 lakhs as at March 31, 2026)
Shareholders' Funds: ₹5,258.75 lakhs
Cash and Cash Equivalents: ₹326.89 lakhs

Investor Relations

Investor Complaints: No pending, received, or unresolved complaints during the half year ended September 30, 2026
Results Availability: Available on BSE website (www.bseindia.com) and company website (www.sancodetech.com)

Meeting Details

Board Meeting: November 14, 2026 (8:00 PM to 8:30 PM)
Auditor: CA Bankim Jain, Partner of R T Jain & Co LLP