Key Financial Figures - Standalone (H1 FY27 vs H1 FY26)

  • Revenue from Operations: ₹68.54 crore (vs ₹59.28 crore YoY) - increased 15.6%
  • Other Income: ₹90.06 lakh (vs ₹5.38 crore YoY)
  • Total Income: ₹69.44 crore (vs ₹64.67 crore YoY)
  • Profit Before Tax: ₹89.35 lakh (vs ₹2.81 crore YoY) - declined 68.2%
  • Tax Expense: ₹22.54 lakh (Current Tax: ₹21.60 lakh, Deferred Tax: ₹0.94 lakh)
  • Net Profit After Tax: ₹66.81 lakh (vs ₹2.08 crore YoY) - declined 67.9%
  • Basic EPS: ₹0.34 (vs ₹1.06 YoY)
  • Diluted EPS: ₹0.34 (vs ₹1.06 YoY)

Key Financial Figures - Consolidated (H1 FY27)

  • Revenue from Operations: ₹78.36 crore
  • Other Income: ₹90.24 lakh
  • Total Income: ₹79.26 crore
  • Profit Before Tax: ₹1.57 crore
  • Tax Expense: ₹39.67 lakh
  • Profit After Tax: ₹1.17 crore
  • Minority Interest: ₹12.73 lakh
  • Net Profit Attributable to Equity Shareholders: ₹1.05 crore
  • Basic EPS: ₹0.53
  • Diluted EPS: ₹0.53

Balance Sheet Position (as of September 30, 2026)

Standalone:

  • Total Equity: ₹45.96 crore
  • Total Liabilities: ₹88.17 crore
  • Total Assets: ₹88.17 crore
  • Share Capital: ₹19.65 crore
  • Reserves and Surplus: ₹26.31 crore

Consolidated:

  • Total Equity: ₹46.99 crore (including Minority Interest of ₹15.23 lakh)
  • Total Liabilities: ₹1.05 lakh crore
  • Total Assets: ₹1.05 lakh crore
  • Share Capital: ₹19.65 crore
  • Reserves and Surplus: ₹26.69 crore

First-Time Consolidation

The company consolidated Shreenath Paper Industries Private Limited for the first time, in which it holds 75% ownership. The remaining 25% is held by Mr. Bijoy Ramesh Shah (minority interest).

Subsidiary Business Purpose

Shreenath Paper Industries Private Limited was established to manufacture sublimation paper goods, representing backward integration of the Group's existing trading operations.

Share Application Money

The subsidiary has share application money pending allotment of ₹2.67 crore, comprising ₹2.17 crore from the holding company and ₹50 lakh from Mr. Bijoy Ramesh Shah.

Auditor Review

M/s. S H Dama & Associates, the statutory auditors, issued unmodified limited review reports on both standalone and consolidated financial results, confirming compliance with accounting standards and SEBI regulations.

Board Meeting Details

The meeting was held on November 12, 2026, from 4:00 PM to 5:30 PM IST.