Key Financial Figures - Standalone (Rs. in Lakhs)

Profit & Loss Statement:

  • Revenue from operations: 9,316.84 (H1 FY27) vs 5,039.19 (H1 FY26) vs 10,315.78 (H2 FY26)
  • Other Income: 97.77 (H1 FY27) vs 32.85 (H1 FY26) vs 117.72 (H2 FY26)
  • Total Revenue: 9,414.61 (H1 FY27) vs 5,072.04 (H1 FY26) vs 10,433.50 (H2 FY26)
  • Total Expenses: 8,454.39 (H1 FY27) vs 4,971.79 (H1 FY26) vs 8,052.16 (H2 FY26)
  • Profit before tax: 960.22 (H1 FY27) vs 100.25 (H1 FY26) vs 2,381.34 (H2 FY26)
  • Total Tax Expenses: 278.31 (H1 FY27) vs -47.71 (H1 FY26) vs 389.13 (H2 FY26)
  • Net Profit: 681.91 (H1 FY27) vs 147.96 (H1 FY26) vs 1,992.21 (H2 FY26)
  • Basic EPS: ₹1.91 (H1 FY27) vs ₹0.48 (H1 FY26) vs ₹5.98 (H2 FY26)
  • Diluted EPS: ₹1.88 (H1 FY27) vs ₹0.47 (H1 FY26) vs ₹5.88 (H2 FY26)

Balance Sheet (Standalone as at 30-09-2026):

  • Total Assets: 31,624.25
  • Share Capital: 715.93
  • Reserves and Surplus: 22,003.24
  • Long-term Borrowings: 572.21
  • Short-term Borrowings: 4,204.77
  • Trade Payables: 2,775.27
  • Inventories: 7,978.98
  • Trade Receivables: 12,849.66
  • Cash and cash equivalents: 677.06

Cash Flow Statement (Standalone):

  • Net cash from operating activities: -4,247.40
  • Net cash from investing activities: -1,429.97
  • Net cash from financing activities: 603.05
  • Total cash flow: -5,074.32

Key Financial Figures - Consolidated (Rs. in Lakhs)

Profit & Loss Statement:

  • Revenue from operations: 9,316.84 (H1 FY27) vs 5,039.19 (H1 FY26)
  • Other Income: 98.17 (H1 FY27) vs 32.85 (H1 FY26)
  • Total Revenue: 9,415.01 (H1 FY27) vs 5,072.04 (H1 FY26)
  • Total Expenses: 8,445.85 (H1 FY27) vs 4,962.80 (H1 FY26)
  • Profit before tax: 969.16 (H1 FY27) vs 109.24 (H1 FY26)
  • Total Tax Expenses: 280.26 (H1 FY27) vs -47.71 (H1 FY26)
  • Net Profit: 688.90 (H1 FY27) vs 156.95 (H1 FY26)
  • Basic EPS: ₹1.93 (H1 FY27) vs ₹0.51 (H1 FY26)
  • Diluted EPS: ₹1.90 (H1 FY27) vs ₹0.50 (H1 FY26)

Accounting Changes and Significant Events

1. Labour Code Implementation Impact: The Company recognized an additional gratuity liability of ₹43.76 lakhs as past service cost under Employee Benefit Expenses due to the implementation of new Labour Codes effective November 21, 2025.

2. Depreciation Method Change: The Company changed its depreciation method from Written Down Value (WDV) to Straight Line Method (SLM) effective 1 April 2026. This change reduced depreciation expense for the period ended 30th September 2026 by ₹51.45 lakhs compared to the previous method.

3. Subsidiary Formation: Subsequent to the half year ended 30 September 2026, the Company incorporated a wholly owned subsidiary, Aquilon Limited, on 15 October 2026 with an authorized capital of ₹5 crore for manufacturing industrial subzero temperature chillers and services.

Subsidiary Information

The consolidated results include the financials of Trezor Technologies Limited, a private subsidiary company incorporated in India.

Segment Information

The company operates in a single business segment primarily within India, making segment reporting requirements under AS 17 not applicable.