Key Financial Results (Half Year ended 30th September, 2026)

  • Revenue From Operations: ₹9,766.57 lacs
  • Other Income: ₹120.72 lacs
  • Total Income: ₹9,887.29 lacs
  • Profit Before Tax: ₹411.10 lacs
  • Tax Expense: ₹105.44 lacs (Current Tax), (₹0.45) lacs (Deferred Tax)
  • Net Profit for the Period: ₹306.11 lacs
  • Earnings Per Share (Basic & Diluted): ₹3.76

Comparative Financial Position (as at 30th September, 2026 vs 31st March, 2026)

Equity and Liabilities:

  • Share Capital: ₹990.50 lacs (vs ₹720.50 lacs)
  • Reserves and Surplus: ₹3,774.02 lacs (vs ₹2,014.30 lacs)
  • Long-Term Borrowings: ₹1,176.31 lacs (vs ₹2.63 lacs)
  • Short-Term Borrowings: ₹6,487.68 lacs (vs ₹6,905.70 lacs)
  • Total Liabilities: ₹16,483.72 lacs (vs ₹14,864.34 lacs)

Assets:

  • Property, Plant & Equipment: ₹401.85 lacs (vs ₹388.75 lacs)
  • Other Non-Current Assets: ₹1,073.68 lacs (vs ₹520.08 lacs)
  • Inventories: ₹3,554.32 lacs (vs ₹2,881.84 lacs)
  • Trade Receivables: ₹11,173.93 lacs (vs ₹10,426.91 lacs)
  • Cash and Cash Equivalents: ₹177.00 lacs (vs ₹584.37 lacs)
  • Total Assets: ₹16,483.72 lacs (vs ₹14,864.34 lacs)

Cash Flow Statement (Half Year ended 30th September, 2026)

  • Net Cash used in Operating Activities: (₹1,508.73) lacs
  • Net Cash used in Investing Activities: (₹1,075.27) lacs
  • Net Cash from Financing Activities: ₹2,176.63 lacs
  • Net Decrease in Cash & Cash Equivalents: (₹407.37) lacs
  • Cash & Cash Equivalents at end of period: ₹177.00 lacs (comprising Cash in hand: ₹28.87 lacs, Balances with banks in Current Accounts: ₹148.13 lacs)

IPO and Fund Utilization

  • The Company completed an Initial Public Offer (IPO) of 27,00,000 Equity Shares of ₹10/- each by way of Fresh Equity Shares.
  • The shares were listed on the SME Platform of BSE on July 29, 2026.
  • Total amount raised: ₹1,890.00 lacs (including ₹190.63 lacs for issue-related expenses).
  • As of September 30, 2026, funds utilized: ₹1,836.83 lacs
  • Working Capital Requirement: ₹1,650.00 lacs (as per original allocation of ₹1,650.00 lacs)
  • General Corporate Purpose: ₹8.64 lacs (vs original allocation of ₹49.37 lacs)
  • Issue Related Expenses: ₹178.19 lacs (vs original allocation of ₹190.63 lacs)
  • The company reported no deviation/variation in the utilization of funds raised. The Audit Committee and auditors had no comments.

Additional Information

  • The company was originally incorporated as a Private Limited Company on September 30, 2005, and converted to a public limited company on March 24, 2025.
  • The financial results have been reviewed by the Audit Committee and Statutory Auditors, M/s. D Banka & Co., who issued a limited review report with no adverse findings.
  • The company operates in a single business segment (textiles), hence segment disclosure is not applicable.
  • Earnings per share are calculated on the weighted average share capital for the period.