Financial Results for Quarter Ended September 30, 2026

The Board considered and approved the unaudited financial results for the quarter ended September 30, 2026:

Income Statement Highlights (₹ in Lakhs):

  • Revenue from Operations: ₹2,923.24
  • Other Income: ₹50.92
  • Total Income: ₹2,974.16
  • Total Expenses: ₹2,499.25
  • Profit Before Tax: ₹474.91
  • Tax Expense: ₹134.70 (Current Tax: ₹134.70)
  • Profit for the Period: ₹340.21
  • Other Comprehensive Income: ₹(13.97)
  • Total Comprehensive Income: ₹326.24
  • Basic EPS: ₹2.85
  • Diluted EPS: ₹2.85

Half-Year Performance (April-September 2026):

  • Revenue from Operations: ₹5,801.95
  • Profit for the Period: ₹721.62
  • Total Comprehensive Income: ₹723.17
  • Basic EPS: ₹6.05

Comparative Figures (Quarter Ended September 30, 2025):

  • Revenue from Operations: ₹2,549.88
  • Profit for the Period: ₹359.78
  • Basic EPS: ₹3.02

Business Expansion Decisions

B) New Restaurant and Cloud Kitchen in Mylapore, Chennai

  • To open a restaurant at Mylapore, Chennai under brand "Kaaraikudi" owned by M/s. Amaravathi Restaurants Pvt Ltd
  • To open a new cloud kitchen exclusively for online deliveries under brand "SAPAAD & CO" from same premises
  • Cloud kitchen investment: Up to ₹5 Lakhs
  • Industry: Food Industry
  • Expected benefits: To improve turnover and profit of the Company

C) Franchise Outlet in Jaffna, Sri Lanka

  • To open franchise outlet under brands "Amaravathi" and "Kaaraikudi" owned by M/s. Amaravathi Restaurants Pvt Ltd
  • Counterparty: M/s. Vijeay Palace (Private) Limited
  • Consideration: USD 25,000
  • Royalty terms: 4% of monthly turnover payable to brand owner
  • Not a Related Party Transaction

D) Acquisition of Restaurant Business

  • Acquisition of restaurant business of M/s. Sunrise Food and Beverage (partnership firm) through slump sale on going concern basis
  • To run restaurant at Urban Square, Chennai under brand "Amaravathi"
  • Target entity: Incorporated December 19, 2023, FY2025-26 turnover: ₹46.70 Lakhs
  • Consideration: Not exceeding ₹3 Crores, payable in cash
  • Expected completion: On or before November 30, 2026
  • Not a Related Party Transaction
  • Industry: Food Industry

Operational Closures

E) Temporary Water Factory Closure

  • Closure of Water Factory temporarily for scheduled maintenance effective November 15, 2026
  • Expected resumption within four months
  • Not expected to have material adverse impact on overall operations

F) Restaurant Closure - Ramanujam IT Park, Chennai

  • Closure of restaurant under brand "Delhi Dhaba" due to non-viability
  • Assets to be retained for use at other restaurants
  • Not expected to have material adverse impact

G) Restaurant Closure - Akkarai, Chennai

  • Closure of restaurant under brand "Amaravathi" due to termination of rental deed
  • Assets to be retained by Company
  • Not expected to have material adverse impact

Related Party Disclosures

Transactions involving M/s. Amaravathi Restaurants Pvt Ltd (B and C) constitute Related Party Transactions as four promoters of Savera Industries Limited are directors and shareholders in Amaravathi Restaurants Pvt Ltd. All transactions were done at arm's length.

Amaravathi Restaurants Pvt Ltd FY2025-26 turnover: ₹37,08,94,488

Financial Position as of September 30, 2026

Balance Sheet (₹ in Lakhs):

  • Total Assets: ₹12,338.64
  • Equity Share Capital: ₹1,192.80
  • Other Equity: ₹8,887.39
  • Total Equity: ₹10,080.19
  • Non-current Liabilities: ₹748.02
  • Current Liabilities: ₹1,510.43

Cash Flow (Half-Year Ended September 30, 2026):

  • Net cash from Operating Activities: ₹826.54
  • Net cash used in Investing Activities: ₹(25.72)
  • Net cash used in Financing Activities: ₹(571.89)
  • Net increase in cash: ₹289.93

Auditor Review

Statutory auditors S. Venkatram & Co. LLP reviewed the financial results and issued an unqualified limited review report dated November 14, 2026.

Additional Information

  • The company has only one operative segment (hoteling) and operates only in India
  • Financial results subject to seasonality inherent in hospitality sector
  • Other Equity includes revaluation reserve of ₹1,334.86 lakhs existing prior to April 1, 2016, which cannot be distributed as dividend
  • Board meeting duration: 3:00 PM to 8:00 PM