Board Meeting Details
The Board of Directors meeting was held on November 06, 2026, commencing at 04:00 p.m. and concluding at 07:15 p.m. The meeting approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 and noted the Limited Review Report issued by the statutory auditors.
Financial Results Overview (₹ in Lakhs)
Standalone Performance:
Quarter Ended September 30, 2026:
- Revenue from operations: ₹2,947.88
- Other Income: ₹17.68
- Total Revenue: ₹2,965.56
- Profit before tax: ₹49.78
- Tax expense: ₹12.67 (Deferred tax)
- Net Profit: ₹37.10
- EPS: ₹0.37 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹7,940.51
- Other Income: ₹28.43
- Total Revenue: ₹7,968.95
- Profit before tax: ₹259.36
- Tax expense: ₹65.28 (Deferred tax)
- Net Profit: ₹194.08
- EPS: ₹1.94 (Basic and Diluted)
Consolidated Performance:
Quarter Ended September 30, 2026:
- Revenue from operations: ₹7,767.95
- Other Income: ₹46.22
- Total Revenue: ₹7,814.17
- Profit before tax: ₹130.14
- Tax expense: ₹32.09 (₹19.42 Current tax + ₹12.67 Deferred tax)
- Net Profit: ₹98.04
- Attributable to shareholders: ₹68.18
- Attributable to non-controlling interest: ₹29.86
- EPS: ₹0.68 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹16,911.68
- Other Income: ₹74.18
- Total Revenue: ₹16,985.87
- Profit before tax: ₹464.89
- Tax expense: ₹114.95 (₹49.67 Current tax + ₹65.28 Deferred tax)
- Net Profit: ₹349.95
- Attributable to shareholders: ₹273.57
- Attributable to non-controlling interest: ₹76.37
- EPS: ₹2.74 (Basic and Diluted)
Comparative Performance
Standalone Q2 FY27 vs Q2 FY26:
- Revenue increased from ₹1,795.63 lakh to ₹2,965.56 lakh
- Turned profitable from net loss of ₹(178.58) lakh to net profit of ₹37.10 lakh
Consolidated Q2 FY27 vs Q2 FY26:
- Revenue increased from ₹4,656.02 lakh to ₹7,814.17 lakh
- Turned profitable from net loss of ₹(218.50) lakh to net profit of ₹98.04 lakh
Segment-wise Performance (Q2 FY27)
Standalone:
- Fertilizers: Revenue ₹2,548.98 lakh, Segment Result ₹186.91 lakh
- Other agricultural commodities: Revenue ₹398.90 lakh, Segment Result ₹10.77 lakh
Consolidated:
- Fertilizers: Revenue ₹2,548.98 lakh, Segment Result ₹186.91 lakh
- Solvent: Revenue ₹4,823.40 lakh, Segment Result ₹59.57 lakh
- Other agricultural commodities: Revenue ₹395.57 lakh, Segment Result ₹7.35 lakh
Balance Sheet Highlights (as at September 30, 2026)
Standalone (₹ in Lakhs):
- Total Assets: ₹11,153.96
- Equity Share Capital: ₹999.30
- Other Equity: ₹6,062.02
- Total Equity: ₹7,061.32
- Total Liabilities: ₹4,092.64
Consolidated (₹ in Lakhs):
- Total Assets: ₹16,963.87
- Equity Share Capital: ₹999.30
- Other Equity: ₹8,186.29
- Equity attributable to parent: ₹9,185.59
- Non-controlling interest: ₹2,370.79
- Total Equity: ₹11,556.39
- Total Liabilities: ₹5,407.48
Cash Flow Statement (Half Year Ended September 30, 2026)
Standalone:
- Net cash used in operating activities: ₹(830.02) lakh
- Net cash used in investing activities: ₹(8.79) lakh
- Net cash from financing activities: ₹844.01 lakh
- Net increase in cash: ₹5.20 lakh
Consolidated:
- Net cash used in operating activities: ₹(1,628.01) lakh
- Net cash used in investing activities: ₹(273.64) lakh
- Net cash from financing activities: ₹1,742.09 lakh
- Net decrease in cash: ₹(159.56) lakh
Subsidiary Information
The consolidated results include the results of subsidiary company Shrinivasa Agro Foods Private Limited.
Notes to Financial Results
- The financial results are drawn in accordance with consistently followed accounting policies
- Previous years/quarters figures have been regrouped/re-classified wherever necessary for comparability
- Paid-up equity share capital remains unchanged at ₹999.30 lakh (Face Value ₹10 per share)