Board Meeting Details
Board meeting held on November 14, 2026 from 3:00 PM to 6:00 PM at registered office. Approved unaudited standalone and consolidated financial results with limited review report.
Financial Results - Standalone (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹1,865.30
- Revenue from operations: ₹1,813.41
- Other operating income: ₹31.76
- Other income: ₹20.14
- Total income: ₹1,865.30
- Total expenses: ₹1,949.54
- Cost of materials consumed: ₹877.07
- Purchase of stock-in-trade: ₹1,402.13
- Change in inventories: (₹202.05)
- Direct expenses: ₹111.59
- Employee benefit expense: ₹67.30
- Finance charges: ₹35.43
- Depreciation and amortization: ₹65.26
- Other expenses: ₹90.92
- Loss before tax: (₹84.24)
- Tax expense: (₹21.24)
- Net loss after tax: (₹63.00)
- Total comprehensive income: (₹63.28)
- EPS Basic: (₹0.40)
- EPS Diluted: (₹0.40)
Half-Year Ended September 30, 2026:
- Revenue from operations: ₹4,074.20
- Other income: ₹34.18
- Total income: ₹4,074.20
- Total expenses: ₹4,014.82
- Profit before tax: ₹59.38
- Tax expense: ₹14.86
- Net profit after tax: ₹44.51
- Total comprehensive income: ₹43.55
- EPS Basic: ₹0.28
- EPS Diluted: ₹0.28
Financial Results - Consolidated (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹2,056.74
- Revenue from operations: ₹2,008.28
- Other operating income: ₹31.76
- Other income: ₹16.70
- Total income: ₹2,056.74
- Total expenses: ₹2,171.28
- Loss before tax: (₹114.54)
- Tax expense: (₹28.87)
- Net loss after tax: (₹85.67)
- Total comprehensive income: (₹85.95)
- EPS Basic: (₹0.54)
- EPS Diluted: (₹0.54)
Half-Year Ended September 30, 2026:
- Revenue from operations: ₹4,506.75
- Other income: ₹30.75
- Total income: ₹4,506.75
- Total expenses: ₹4,034.73
- Profit before tax: ₹159.37
- Tax expense: ₹40.03
- Net profit after tax: ₹119.34
- Total comprehensive income: ₹118.38
- EPS Basic: ₹0.75
- EPS Diluted: ₹0.75
Subsidiary Acquisition
On March 14, 2026, company acquired 51% equity share capital of Sanmit Truevalue Infraprojects Pvt Ltd (newly incorporated company) by subscribing to shares at face value for ₹5,10,000. Actual outflow occurred in April 2026. Subsidiary commenced operations from April 2026. Results consolidated from previous quarter.
Share Consolidation
Members approved consolidation of equity shares by increasing nominal value from ₹1 to ₹10 per share at EGM held on March 18, 2026. Every 10 shares of ₹1 consolidated into 1 share of ₹10 effective record date April 30, 2026. EPS figures restated accordingly.
Segment Performance (Standalone Q2 FY27)
Company operates in five segments:
1. Petroleum and related products: Revenue ₹134.05 crore, Segment result (₹1.53 lakh)
2. Biomedical Waste recycling machinery: Revenue ₹13.90 lakh, Segment result (₹0.67 lakh)
3. Bitumen emulsion and road construction materials: Revenue ₹49.90 crore, Segment result (₹2.05 lakh)
4. Microsurfacing and road repair services: Revenue ₹11.90 crore, Segment result ₹1.79 lakh
5. Realty and Infrastructure: No revenue generated
Assets and Liabilities (Standalone as of September 30, 2026)
- Total assets: ₹6,105.74 lakh
- Non-current assets: ₹1,231.62 lakh
- Current assets: ₹4,874.12 lakh
- Inventories: ₹1,829.35 lakh
- Trade receivables: ₹2,698.21 lakh
- Cash and cash equivalents: ₹86.79 lakh
- Total equity: ₹3,906.85 lakh
- Equity share capital: ₹1,580.08 lakh
- Other equity: ₹2,326.78 lakh
- Total liabilities: ₹2,198.89 lakh
Auditor Review
Financial results reviewed by SSSS & Associates, Chartered Accountants (Firm Registration No: 121769W). Limited review conducted in accordance with SRE 2410. No material misstatements identified.
Notes
- Previous year figures regrouped/reclassified where necessary
- Year ended March 31, 2026 figures audited by another auditor
- Certain balances subject to confirmation and reconciliation
- Company operates in five segments as per Ind AS 108