Board Meeting Details

The Board of Directors meeting was held on Tuesday, October 27, 2026, commencing at 2:50 PM and concluding at 4:30 PM.

Key Decisions and Approvals

1. Financial Results Approval

The Board approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026.

2. Acquisition of SG Enterprise Solutions Private Limited (SGESPL)

  • Approved acquisition of 24.5% of issued, subscribed and paid-up equity share capital (12,250 equity shares) from S Gupta Holding Private Limited
  • Aggregate cash consideration: ₹1,22,500 (Rupees One Lakh Twenty-Two Thousand Five Hundred only)
  • Expected completion date: December 31, 2026
  • Post-acquisition status: SGESPL will become an Associate of the Company
  • SGESPL was incorporated on September 10, 2026, and has not commenced operations
  • Issued equity share capital: 50,000 equity shares of ₹10 each
  • Industry: Group Shared Services Company providing common corporate support services
  • Transaction constitutes a related party transaction (S Gupta Holding Private Limited is a promoter group company)
  • Transaction will be undertaken on arm's length basis
  • No governmental or regulatory approvals required

3. Acquisition of APL Apollo Foundation

  • Approved acquisition of 16.67% of issued, subscribed and paid-up equity share capital (25,000 equity shares) from SG Green Logistics Limited
  • Aggregate cash consideration: ₹2,50,000 (Rupees Two Lakh Fifty Thousand only)
  • APL Apollo Foundation was incorporated on April 19, 2022
  • Industry: Non-Profit Organization engaged in CSR initiatives
  • Issued equity share capital: 50,000 equity shares of ₹10 each
  • Transaction constitutes a related party transaction (Director of the Company holds more than 2% in SG Green Logistics Limited)
  • Transaction will be undertaken on arm's length basis
  • No governmental or regulatory approvals required
  • Historical turnover: FY 2025-26: ₹232.30 lakh, FY 2024-25: ₹99.58 lakh, FY 2023-24: ₹82.84 lakh

4. Investment in Subsidiary

  • Approved additional investment of up to ₹10 Crores in one or more tranches
  • Investment through subscription of equity shares of wholly owned subsidiary SG Buildkart Private Limited

Financial Results Highlights (Consolidated)

Quarter Ended September 30, 2026

  • Revenue from operations: ₹1,561.84 crores
  • Total income: ₹1,570.55 crores
  • Profit before tax: ₹69.06 crores
  • Net profit after tax: ₹54.02 crores
  • Basic EPS: ₹4.29
  • Diluted EPS: ₹4.28

Half Year Ended September 30, 2026

  • Revenue from operations: ₹2,870.41 crores
  • Total income: ₹2,888.87 crores
  • Profit before tax: ₹127.28 crores
  • Net profit after tax: ₹99.60 crores
  • Basic EPS: ₹7.90
  • Diluted EPS: ₹7.90

Financial Results Highlights (Standalone)

Quarter Ended September 30, 2026

  • Revenue from operations: ₹1,356.68 crores
  • Total income: ₹1,365.60 crores
  • Profit before tax: ₹53.38 crores
  • Net profit after tax: ₹39.77 crores
  • Basic EPS: ₹3.16
  • Diluted EPS: ₹3.15

Half Year Ended September 30, 2026

  • Revenue from operations: ₹2,512.77 crores
  • Total income: ₹2,531.61 crores
  • Profit before tax: ₹98.63 crores
  • Net profit after tax: ₹73.45 crores
  • Basic EPS: ₹5.83
  • Diluted EPS: ₹5.82

Key Financial Position (Consolidated as of September 30, 2026)

  • Total assets: ₹2,107.64 crores
  • Total equity: ₹1,703.71 crores
  • Property, plant and equipment: ₹445.78 crores
  • Inventories: ₹217.71 crores
  • Trade receivables: ₹231.09 crores
  • Cash and cash equivalents: ₹233.77 crores

Key Financial Position (Standalone as of September 30, 2026)

  • Total assets: ₹1,929.07 crores
  • Total equity: ₹1,619.90 crores
  • Property, plant and equipment: ₹287.86 crores
  • Investments: ₹242.26 crores
  • Inventories: ₹203.19 crores
  • Trade receivables: ₹107.12 crores
  • Cash and cash equivalents: ₹230.02 crores

Subsidiary Information

During the quarter ended September 30, 2026, the Company acquired 100% equity interest in Tanwar Cargo Solutions Private Limited on August 3, 2026, for ₹75 crores. TCSPL principally owns approximately 9.956 acres of freehold land in Palwal, Haryana.

ESOP Grants

During the quarter, the Company granted 4,56,000 stock options to eligible employees under the SG Mart Limited Employees Stock Option Scheme - 2023. The Group recorded an expense of ₹1.42 crores for the quarter. Additionally, 39,200 equity shares were allotted pursuant to exercise of options granted on July 25, 2025.

Auditor Review

The financial results were reviewed by M/s Walker Chandiok & Co LLP, Chartered Accountants, who issued an unmodified review conclusion.

Enclosures

1. Annexure A - Details of SGESPL acquisition

2. Annexure B - Details of APL Apollo Foundation acquisition

3. Unaudited Financial Results with Limited Review Reports