Shangar Decor Limited disclosed the outcome of its Board Meeting held on 24 October 2026, where the unaudited financial results for the quarter and half year ended 30 September 2026 were approved. The meeting commenced at 6:30 PM and concluded at 8:30 PM on the same day.
Financial Performance Highlights
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from Operations: ₹10.84 crore
- Other Income: ₹0.23 lakh
- Total Revenue: ₹10.85 crore
- Total Expenses: ₹9.28 crore
- Profit Before Tax: ₹1.57 crore
- Tax Expenses: ₹0.51 crore (Current Tax: ₹0.79 crore, Deferred Tax: ₹-0.28 crore)
- Net Profit: ₹1.05 crore
- Basic & Diluted EPS: ₹0.02
Quarter Ended June 30, 2026 (Q1 FY27):
- Revenue from Operations: ₹5.28 crore
- Net Profit: ₹0.69 crore
- Basic & Diluted EPS: ₹0.01
Quarter Ended September 30, 2025 (Q2 FY26):
- Revenue from Operations: ₹2.70 crore
- Net Profit: ₹0.16 crore
- Basic & Diluted EPS: ₹0.00
Half Year Ended September 30, 2026 (H1 FY27):
- Revenue from Operations: ₹16.12 crore
- Net Profit: ₹1.75 crore
- Basic & Diluted EPS: ₹0.04
Half Year Ended September 30, 2025 (H1 FY26):
- Revenue from Operations: ₹5.11 crore
- Net Profit: ₹0.29 crore
- Basic & Diluted EPS: ₹0.01
Full Year Ended March 31, 2026 (FY26):
- Revenue from Operations: ₹23.26 crore
- Net Profit: ₹1.47 crore
- Basic & Diluted EPS: ₹0.03
Balance Sheet Position as of September 30, 2026
Assets:
- Total Assets: ₹7.32 crore
- Non-Current Assets: ₹5.20 crore
- Property, Plant and Equipment: ₹3.74 crore
- Investments: ₹4.17 lakh
- Loans: ₹10.48 lakh
- Current Assets: ₹2.12 crore
- Inventories: ₹2.03 lakh
- Trade Receivables: ₹11.47 lakh
- Cash and Cash Equivalents: ₹4.18 lakh
- Loans: ₹0.42 lakh
- Other Current Assets: ₹3.12 lakh
Equity and Liabilities:
- Total Equity: ₹6.08 crore
- Equity Share Capital: ₹4.90 crore
- Other Equity: ₹1.18 crore
- Non-Current Liabilities: ₹4.36 lakh
- Borrowings: ₹4.34 lakh
- Provisions: ₹0.06 lakh
- Deferred Tax Liabilities: ₹0.18 lakh
- Current Liabilities: ₹8.13 lakh
- Trade Payables: ₹6.29 lakh
- Other Current Liabilities: ₹0.26 lakh
- Provisions: ₹1.58 lakh
Cash Flow Statement for H1 FY27
Operating Activities:
- Cash Generated from Operations: ₹8.85 lakh
- Income Tax Paid: ₹0.96 lakh
- Net Cash from Operating Activities: ₹7.89 lakh
Investing Activities:
- Purchase of Fixed Assets: ₹-3.28 lakh
- Purchase of Investments: ₹9.99 lakh
- Net Cash from Investing Activities: ₹6.71 lakh
Financing Activities:
- Net Cash from Financing Activities: ₹-2.49 lakh
Net Change in Cash: ₹2.49 lakh
- Cash and Cash Equivalents at beginning: ₹1.69 lakh
- Cash and Cash Equivalents at end: ₹4.18 lakh
Key Financial Ratios and Metrics
- Paid-up Equity Share Capital: ₹4.90 crore (face value ₹1.00)
- No debt securities outstanding
- Reserve excluding revaluation reserves as per previous accounting year: ₹10.05 lakh
- No debenture redemption reserve
- The company operates in one primary segment: "Event Management"
Auditor's Review
S K Bhavsar & Co., Chartered Accountants (Firm No. 145880W), issued a limited review report with an Emphasis of Matter noting that:
- Trade receivables, trade payables, and all loans and advances are pending comprehensive verification through external confirmations and reconciliation
- Reliable value and supporting documents relating to investments were not presented to auditors
- The auditors relied upon management's representations in these matters