Shree Rajasthan Syntex Ltd.

Board Meeting Details

The Board of Directors meeting was held on Thursday, 05th November 2026 (noted as 05th August 2026 in body, but signature date confirms November), at the registered office of the company. The meeting commenced at 12:30 PM and concluded at 05:00 PM.

Financial Results Summary (₹ in lakhs, except per share data)

Quarterly Performance (Q2 FY27 vs Q2 FY26 vs Q1 FY27)

  • Revenue from operations: ₹416.19 (Q2 FY27) vs ₹360.00 (Q2 FY26) vs ₹376.14 (Q1 FY27)
  • Other income: ₹36.45 (Q2 FY27) vs ₹41.00 (Q2 FY26) vs ₹31.35 (Q1 FY27)
  • Total income: ₹452.64 (Q2 FY27) vs ₹401.00 (Q2 FY26) vs ₹407.49 (Q1 FY27)
  • Total expenses: ₹500.79 (Q2 FY27) vs ₹528.00 (Q2 FY26) vs ₹477.40 (Q1 FY27)
  • Loss before exceptional items and tax: (₹48.16) (Q2 FY27) vs (₹127.00) (Q2 FY26) vs (₹69.91) (Q1 FY27)
  • Exceptional items gain: (₹0.06) (Q2 FY27) vs (₹151.00) (Q2 FY26) vs ₹0.00 (Q1 FY27)
  • Loss before tax: (₹48.21) (Q2 FY27) vs (₹278.00) (Q2 FY26) vs (₹69.91) (Q1 FY27)
  • Tax expense: ₹0.00 across all periods
  • Loss for the period: (₹48.21) (Q2 FY27) vs (₹278.00) (Q2 FY26) vs (₹69.91) (Q1 FY27)
  • Other comprehensive income: (₹7.92) (Q2 FY27) vs ₹8.00 (Q2 FY26) vs (₹7.92) (Q1 FY27)
  • Total comprehensive income: (₹56.13) (Q2 FY27) vs (₹270.00) (Q2 FY26) vs (₹77.83) (Q1 FY27)
  • Basic EPS: (₹0.12) (Q2 FY27) vs (₹0.99) (Q2 FY26) vs (₹0.17) (Q1 FY27)
  • Diluted EPS: (₹0.12) (Q2 FY27) vs (₹0.99) (Q2 FY26) vs (₹0.17) (Q1 FY27)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹792.33 (H1 FY27) vs ₹701.00 (H1 FY26)
  • Other income: ₹67.80 (H1 FY27) vs ₹44.00 (H1 FY26)
  • Total income: ₹860.13 (H1 FY27) vs ₹745.00 (H1 FY26)
  • Total expenses: ₹978.19 (H1 FY27) vs ₹1,005.00 (H1 FY26)
  • Loss before exceptional items and tax: (₹118.06) (H1 FY27) vs (₹260.00) (H1 FY26)
  • Exceptional items gain: (₹0.06) (H1 FY27) vs (₹151.00) (H1 FY26)
  • Loss before tax: (₹118.12) (H1 FY27) vs (₹411.00) (H1 FY26)
  • Tax expense: ₹0.00 across both periods
  • Loss for the period: (₹118.12) (H1 FY27) vs (₹411.00) (H1 FY26)
  • Other comprehensive income: (₹15.84) (H1 FY27) vs ₹15.00 (H1 FY26)
  • Total comprehensive income: (₹133.96) (H1 FY27) vs (₹396.00) (H1 FY26)
  • Basic EPS: (₹0.29) (H1 FY27) vs (₹1.46) (H1 FY26)
  • Diluted EPS: (₹0.29) (H1 FY27) vs (₹1.46) (H1 FY26)

Capital Structure

  • Paid-up equity share capital (face value ₹10 per share): ₹4,073.73 lakh (consistent across all periods shown)
  • Reserves (excluding revaluation reserve): (₹3,313.35) as of March 31, 2026

Balance Sheet Position (₹ in lakhs)

As at September 30, 2026 (Unaudited) vs March 31, 2026 (Audited)

  • Total assets: ₹2,437.65 vs ₹2,613.91
  • Non-current assets: ₹1,925.67 vs ₹1,810.03
  • Property, plant and equipment: ₹1,503.56 vs ₹1,430.71
  • Right of use assets: ₹55.46 vs ₹12.21
  • Deferred tax assets: ₹217.43 vs ₹217.43
  • Current assets: ₹450.55 vs ₹732.28
  • Inventories: ₹117.41 vs ₹78.71
  • Trade receivables: ₹29.46 vs ₹36.55
  • Cash and cash equivalents: ₹127.19 vs ₹170.66
  • Bank balances other than cash: ₹0.00 vs ₹129.53
  • Assets held for sale: ₹61.43 vs ₹71.60

Equity and Liabilities

  • Total equity: ₹626.41 vs ₹760.38
  • Equity share capital: ₹4,073.73 vs ₹4,073.73
  • Other equity: (₹3,447.32) vs (₹3,313.35)
  • Non-current liabilities: ₹787.76 vs ₹742.34
  • Borrowings: ₹531.93 vs ₹503.61
  • Lease liability: ₹34.03 vs ₹0.00
  • Current liabilities: ₹1,023.48 vs ₹1,111.19
  • Trade payables: ₹537.94 (₹18.30 micro/small + ₹519.64 others) vs ₹546.23 (₹22.94 micro/small + ₹523.29 others)
  • Lease liability: ₹23.53 vs ₹11.22

Cash Flow Statement (H1 FY27 vs H1 FY26) (₹ in lakhs)

  • Net cash from operating activities: (₹54.36) vs (₹274.00)
  • Net cash from investing activities: (₹23.65) vs ₹159.00
  • Net cash from financing activities: ₹34.55 vs ₹205.00
  • Net change in cash: (₹43.46) vs ₹90.00
  • Opening cash: ₹170.66 vs ₹24.00
  • Closing cash: ₹127.19 vs ₹114.00

Fund Utilization from Preferential Issue

The company raised ₹1,076.56 lakh through preferential allotment of 81,25,000 equity shares at ₹13.25 per share on November 28, 2025.

Utilization Status as of September 30, 2026:

  • Repayment of financial creditors: ₹255.00 lakh (100% of ₹255.00 lakh allocation)
  • Payment of dues to workmen/employees: ₹65.00 lakh (100% of ₹65.00 lakh allocation)
  • Working capital requirements: ₹456.56 lakh (100% of ₹456.56 lakh allocation)
  • Capital expenditure: ₹300.00 lakh (100% of ₹300.00 lakh allocation)
  • Utilized during Q1 FY27: ₹26.69 lakh
  • Utilized during Q2 FY27: ₹40.70 lakh
  • Total utilized up to September 30, 2026: ₹300.00 lakh