Key Financial Figures - Standalone (Rs. in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹441.92
- Other income: ₹89.07
- Total income: ₹450.82
- Profit before tax: ₹20.11
- Tax expense: ₹0.00
- Profit after tax: ₹20.11
- Earnings per share (Basic): ₹0.65 (face value ₹10.00)
- Earnings per share (Diluted): ₹0.65 (face value ₹10.00)
Six Months Ended September 30, 2026:
- Revenue from operations: ₹705.81
- Other income: ₹208.11
- Total income: ₹726.16
- Profit before tax: ₹33.29
- Tax expense: ₹0.00
- Profit after tax: ₹33.29
Key Financial Figures - Consolidated (Rs. in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹482.02
- Other income: ₹109.65
- Total income: ₹492.98
- Profit before tax: ₹127.78
- Tax expense: ₹134.60
- Net loss after tax: ₹(6.82)
Six Months Ended September 30, 2026:
- Revenue from operations: ₹786.22
- Other income: ₹264.92
- Total income: ₹812.72
- Profit before tax: ₹229.31
- Tax expense: ₹235.13
- Net loss after tax: ₹(6.82)
Balance Sheet Highlights - Standalone (Rs. in Lakhs)
As at September 30, 2026:
- Total assets: ₹17,591.30
- Total equity: ₹7,496.99
- Current assets: ₹14,216.51
- Current liabilities: ₹10,031.94
- Cash and cash equivalents: ₹85.29
- Trade receivables: ₹1,767.06
Comparison with March 31, 2026:
- Total assets decreased from ₹18,541.48 to ₹17,591.30
- Current tax assets (net) decreased from ₹1,028.20 to ₹694.43
- Trade receivables decreased from ₹2,617.24 to ₹1,767.06
- Cash and cash equivalents decreased from ₹275.45 to ₹85.29
Cash Flow Statement - Standalone (Six Months Ended September 30, 2026)
- Net cash used in operating activities: ₹(605.76)
- Net cash used in investing activities: ₹1,356.36
- Net cash used in financing activities: ₹(940.76)
- Net decrease in cash and cash equivalents: ₹(190.16)
Board Meeting Details
- Meeting date: 13th November 2026
- Meeting time: 10:00 A.M. to 03:30 P.M.
- Agenda: Approval of unaudited financial statements (standalone and consolidated) for quarter ended September 30, 2026
Business Segment Information
- The Company operates in a single operating segment: Engineering, Procurement and Construction Services
Merger Update
During the quarter ended 30th September 2025, the Board approved a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013 for the merger of Semac Construction Technologies India Private Limited (Transferor Company) with Semac Construction Limited (Transferee Company). The Scheme was filed with NCLT Chennai on 29th September 2025. As of March 31, 2026, only the First motion application has been approved by NCLT. No effect of the merger has been given in the current financial results. Accounting will be carried out upon receipt of Final NCLT approval in accordance with Ind AS 103.
Subsidiary Information
Consolidated results include:
- Semac Construction Technologies India Private Limited (100% holding)
- Semac and Partner LLC, Muscat, Oman (65% holding)
The interim financial results of the Oman subsidiary (incorporated outside India) were reviewed by other auditors and reflect:
- Total revenue: ₹401.03 lakhs (quarter), ₹804.19 lakhs (half year)
- Total net loss: ₹66.20 lakhs (quarter), ₹97.71 lakhs (half year)
- Total assets: ₹1,959.02 lakhs as at September 30, 2026
Geopolitical Risk Disclosure
The Group is monitoring effects of ongoing geopolitical developments in the Middle East on operations and financial position. Regional uncertainties may affect client relationships, project execution timelines, and supply chain activities. Based on management's initial assessment, the Group does not expect material impact on financial statements as at and for the period ended September 30, 2026.
Reclassification Note
Certain expenses amounting to ₹52.04 lakhs disclosed under 'Other Expenses' in Q1 FY27 have been reclassified as 'Cost of Sales' in current quarter. Comparative figures regrouped accordingly. No impact on profit, EPS, cash flows, or shareholders' equity.