Document Context
Sarthak Industries Limited submitted its unaudited standalone financial results for the quarter and half-year ended September 30, 2026, to BSE Limited under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission includes the financial results along with a limited review report from statutory auditors M/s. Ashok Khasgiwala & Co. LLP. The document was signed by Riya Bhandari (Jain), Company Secretary & Compliance Officer, and Ajay Peshkar, Whole Time Director.
Financial Performance Highlights (Quarter Ended September 30, 2026)
Income Statement (₹ in lacs):
- Revenue from operations: ₹149.48 crore
- Other income: ₹24.44 lakh
- Total revenue: ₹149.72 crore
- Cost of materials consumed: ₹79.84 lakh
- Purchase of stock in trade: ₹130.25 crore
- Employee benefit expense: ₹63.75 lakh
- Finance costs: ₹64.74 lakh
- Depreciation & amortization: ₹5.70 lakh
- Other expenditure: ₹376.11 lakh
- Total expenses: ₹147.59 crore
- Profit before tax: ₹213.36 lakh
- Current tax: ₹54.57 lakh
- Net profit after tax: ₹153.48 lakh
Comparative Performance:
- Q2 FY2026 revenue increased 81.5% from ₹82.50 crore in Q2 FY2025
- Q2 FY2026 net profit increased 120% from ₹68.32 lakh in Q2 FY2025
- Basic and diluted EPS: ₹1.71 (not annualized)
Half-Year Performance (April-September 2026)
Income Statement (₹ in lacs):
- Revenue from operations: ₹282.17 crore
- Other income: ₹28.12 lakh
- Total revenue: ₹282.45 crore
- Profit before tax: ₹283.16 lakh
- Net profit after tax: ₹209.80 lakh
Comparative Performance:
- H1 FY2026 revenue increased 98.8% from ₹142.12 crore in H1 FY2025
- H1 FY2026 net profit increased 44.1% from ₹145.58 lakh in H1 FY2025
Segment-wise Performance (Quarter Ended September 30, 2026)
Revenue Breakdown (₹ in lacs):
- Cylinders Business: ₹145.01 lakh
- Trading Business: ₹148.14 crore
- Unallocated-Others: ₹13.04 lakh
Segment Results (Profit/Loss before tax and interest):
- Cylinders Business: Loss of ₹20.81 lakh
- Trading Business: Profit of ₹466.08 lakh
- Unallocated-Others: Loss of ₹167.17 lakh
Segment Assets (₹ in lacs):
- Cylinders Business: ₹791.97 lakh
- Trading Business: ₹6,479.95 lakh
- Unallocated-Others: ₹1,307.26 lakh
- Total segment assets: ₹8,579.18 lakh
Cash Flow Statement (Half-Year Ended September 30, 2026)
Cash Flow (₹ in lacs):
- Net cash flow from operating activities: Negative ₹315.34 lakh
- Net cash flow from investing activities: Positive ₹7.97 lakh
- Net cash flow from financing activities: Positive ₹309.56 lakh
- Net increase in cash and cash equivalents: ₹1.99 lakh
- Cash and cash equivalents at period end: ₹7.73 lakh
Balance Sheet Position (As of September 30, 2026)
Assets (₹ in lacs):
- Total assets: ₹8,579.18 lakh
- Non-current assets: ₹1,378.93 lakh
- Current assets: ₹7,200.25 lakh
- Property, plant and equipment: ₹317.92 lakh
- Inventories: ₹2,387.56 lakh
- Trade receivables: ₹2,238.93 lakh
Equity and Liabilities (₹ in lacs):
- Total equity: ₹4,785.78 lakh
- Equity share capital: ₹929.18 lakh (face value ₹10 each)
- Other equity: ₹3,856.60 lakh
- Non-current liabilities: ₹206.81 lakh
- Current liabilities: ₹3,586.59 lakh
- Borrowings: ₹167.48 lakh
- Trade payables: ₹1,784.04 lakh
Auditor Review and Compliance
M/s. Ashok Khasgiwala & Co. LLP, statutory auditors of the company, conducted a limited review of the financial results and issued a clean report dated November 14, 2026. The auditors confirmed that nothing came to their attention suggesting the financial results contain material misstatements or fail to comply with SEBI Listing Regulations requirements.
The financial results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on November 14, 2026. Previous period/year figures have been regrouped/recasted wherever necessary.