Board Meeting Details
The Board of Directors meeting was held on 12th August, 2026 from 4:00 PM to 5:30 PM
Key Decisions Approved
1. Financial Results for Q1 FY27
The Board approved and took on record the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report issued by Statutory Auditors STRG & Associates
2. Preferential Issue Cancellation
The Board approved the withdrawal/cancellation of the resolution relating to issuance of equity shares to promoters and promoter group by conversion of existing unsecured loans on a preferential basis, which was originally approved on 29th May, 2026
Standalone Financial Results (Amount in Lakhs except EPS)
Income Statement Q1 FY27 vs Comparative Periods
- Revenue from operations: ₹10,603.58 (Q1 FY27) vs ₹6,136.34 (Q1 FY26) vs ₹10,475.26 (Q4 FY26)
- Other Income: ₹376.21 (Q1 FY27) vs ₹33.77 (Q1 FY26) vs ₹491.50 (Q4 FY26)
- Total Income: ₹10,979.79 (Q1 FY27) vs ₹6,170.11 (Q1 FY26) vs ₹10,966.76 (Q4 FY26)
Expense Breakdown
- Cost of raw material consumed: ₹9,599.10
- Employee benefit expense: ₹330.89
- Finance Costs: ₹349.11
- Depreciation: ₹35.04
- Other Expenses: ₹9,338.72
- Total Expenses: ₹9,725.67
Profitability Metrics
- Profit before tax: ₹1,254.12 (Q1 FY27) vs ₹339.99 (Q1 FY26) vs ₹619.02 (Q4 FY26)
- Tax expense: ₹311.53
- Net profit: ₹942.60 (Q1 FY27) vs ₹254.61 (Q1 FY26) vs ₹458.45 (Q4 FY26)
- Other Comprehensive income: (₹97.67)
- Total Comprehensive income: ₹844.93
Capital Structure
- Paid-up equity share capital: ₹4,761.90 lakh (unchanged from previous periods)
- Face value per share: ₹1.00
- Reserves: ₹3,619.77 (vs ₹2,774.85 in previous quarter)
Earnings Per Share
- Basic EPS from continuing operations: ₹0.20 (Q1 FY27) vs ₹0.05 (Q1 FY26) vs ₹0.10 (Q4 FY26)
- Diluted EPS from continuing operations: ₹0.20
Segment-wise Performance (Standalone)
The company operates in three business segments: Garments Manufacturing, Manpower services, and IT Support Services
Revenue by Segment (Q1 FY27)
- IT Support Services: ₹3,552.21
- Garments Sales: ₹7,051.37
- Total Segment Revenue: ₹10,603.58
Segment Profit before tax and interest
- IT Support Services: ₹281.65
- Garments Sales: ₹1,245.05
- Total Segment Profit: ₹1,526.70
Consolidated Financial Results
Includes SBC Exports Limited and its wholly owned subsidiary Mauji Trip Limited
Consolidated Income Statement (Amount in Lakhs)
- Revenue from operations: ₹12,107.74
- Other Income: ₹377.06
- Total Income: ₹12,484.80
- Total Expenses: ₹11,209.32
- Profit before tax: ₹1,275.48
- Tax expense: ₹322.78
- Net profit: ₹960.44
- EPS: ₹0.20 (basic and diluted)
Subsidiary Contribution
Mauji Trip Limited contributed total income of ₹1,543.65 lakh and net profit of ₹17.85 lakh for the quarter
Consolidated Segment-wise Results
Revenue by Segment (Q1 FY27)
- IT Support Services: ₹3,552.21
- Garments Sales: ₹7,051.37
- Tour & Travel Services: ₹1,542.79 (from subsidiary)
- Total Segment Revenue: ₹12,146.37
- Less: Inter-segment revenue: ₹38.64
- Revenue from operations: ₹12,107.73
Segment Profit before tax and interest
- IT Support Services: ₹281.65
- Garments Sales: ₹1,245.05
- Tour & Travel Services: ₹17.84
- Total Segment Profit: ₹1,544.54
Preferential Issue Cancellation Details
Original Proposal (Approved 29th May, 2026)
- Type of securities: Equity Shares
- Issue type: Preferential Allotment (Conversion of unsecured Loan into Equity Share)
- Number of shares: 27,516,513 equity shares of face value ₹1 each
- Issue price: ₹36.00 per share
- Total amount: ₹99,05,94,474 (conversion of unsecured loan)
- Allottees: Promoters and promoter group
Cancellation Decision
- Date of cancellation: 12th August, 2026
- Reason: Procedural and regulatory complexities encountered during implementation
- Resolution: Complete cancellation of the preferential issue and all ancillary resolutions
Auditor Review
Statutory Auditors STRG & Associates issued an unmodified review report on both standalone and consolidated financial results, confirming compliance with Ind AS 34 and SEBI LODR regulations