Consolidated Financial Results (Amount in ₹ Lakhs)

Income Statement Highlights:

  • Revenue from Operations: 24,641.48 (H1 FY27) vs 13,166.78 (H1 FY26) - 87% increase
  • Total Revenue: 24,792.99 (H1 FY27) vs 13,257.70 (H1 FY26)
  • Profit Before Tax: 1,308.19 (H1 FY27) vs 252.55 (H1 FY26) - 418% increase
  • Total Tax Expenses: 331.61
  • Net Profit: 976.58 (H1 FY27) vs 196.51 (H1 FY26) - 397% increase
  • Earnings Per Share (Basic & Diluted): ₹5.75 vs ₹1.16 (H1 FY26)

Balance Sheet Position as of September 30, 2026:

  • Share Capital: 1,698.70
  • Reserves & Surplus: 3,440.14
  • Total Equity: 5,138.84
  • Total Liabilities: 12,252.25
  • Total Assets: 12,252.25
  • Current Assets: 9,817.25 (including Inventories: 1,779.40, Trade Receivables: 5,483.55)
  • Cash and Cash Equivalents: 37.58

Cash Flow Statement:

  • Net Cash from Operating Activities: (1,487.81)
  • Net Cash used in Investing Activities: (930.39)
  • Net Cash from Financing Activities: 2,413.97
  • Net decrease in Cash: (4.23)

Standalone Financial Results (Amount in ₹ Lakhs)

Income Statement Highlights:

  • Revenue from Operations: 23,803.70 (H1 FY27) vs 12,486.95 (H1 FY26) - 91% increase
  • Total Revenue: 23,941.56 (H1 FY27) vs 12,566.03 (H1 FY26)
  • Profit Before Tax: 1,244.56 (H1 FY27) vs 209.08 (H1 FY26) - 495% increase
  • Total Tax Expenses: 331.08
  • Net Profit: 913.48 (H1 FY27) vs 154.59 (H1 FY26) - 491% increase
  • Earnings Per Share (Basic & Diluted): ₹5.38 vs ₹0.91 (H1 FY26)

Balance Sheet Position as of September 30, 2026:

  • Share Capital: 1,698.70
  • Reserves & Surplus: 3,389.81
  • Total Equity: 5,088.51
  • Total Liabilities: 10,889.86
  • Total Assets: 10,889.86
  • Current Assets: 9,949.81 (including Inventories: 1,661.66, Trade Receivables: 5,181.76)
  • Cash and Cash Equivalents: 12.47

Cash Flow Statement:

  • Net Cash from Operating Activities: (1,791.73)
  • Net Cash used in Investing Activities: (127.20)
  • Net Cash from Financing Activities: 1,917.04
  • Net decrease in Cash: (1.89)

Auditor Review

PSRD & Co., Chartered Accountants (Firm Registration No. 126390W) conducted a limited review of both consolidated and standalone financial results. Partner Pravin Oza (Membership No. 119427) issued unmodified opinions, stating that nothing came to their attention causing them to believe the results contain material misstatements or fail to disclose required information under Regulation 33 of SEBI (LODR) Regulations, 2015.

Additional Information

The company has one wholly-owned subsidiary: Shivam Chemicals and Minerals Private Limited. The company does not have more than one reportable segment as per AS-17 (Segment Reporting). Previous year figures have been regrouped/reclassified/restated where necessary. EPS has been calculated as per Accounting Standard 20 considering the split-up of equity shares.