Financial Results Summary

Standalone Performance (₹ in lakhs):

Q2 September 2026:

  • Revenue from operations: ₹3,112
  • Other income: ₹2,074
  • Total income: ₹5,186
  • Total expenses: ₹9,349
  • Loss before tax: ₹(4,163)
  • Tax credit: ₹(1,037)
  • Net loss: ₹(3,126)
  • EPS: ₹(1.83)

Half-Year September 2026:

  • Revenue from operations: ₹7,262
  • Other income: ₹6,885
  • Total income: ₹14,147
  • Total expenses: ₹16,855
  • Loss before tax: ₹(2,708)
  • Tax credit: ₹(864)
  • Net loss: ₹(1,844)
  • EPS: ₹(1.08)

Consolidated Performance (₹ in lakhs):

Q2 September 2026:

  • Revenue from operations: ₹18,356
  • Other income: ₹8,869
  • Total income: ₹27,225
  • Total expenses: ₹24,416
  • Profit before tax: ₹2,959
  • Tax expense: ₹800
  • Net profit: ₹2,159
  • EPS: ₹1.26

Half-Year September 2026:

  • Revenue from operations: ₹40,784
  • Other income: ₹13,545
  • Total income: ₹54,329
  • Total expenses: ₹49,711
  • Profit before tax: ₹4,383
  • Tax expense: ₹1,120
  • Net profit: ₹3,263
  • EPS: ₹1.91

Key Balance Sheet Figures (Standalone)

  • Total assets as of September 30, 2026: ₹29,181.4 lakhs
  • Equity share capital: ₹1,706.5 lakhs
  • Other equity: ₹14,099.1 lakhs
  • Total borrowings: ₹60,193 lakhs (current ₹43,724 lakhs + non-current ₹16,469 lakhs)
  • Cash and cash equivalents: ₹12,345 lakhs

Board Decisions Approved

1. Financial Results Approval

The Board approved the unaudited financial results (standalone and consolidated) for Q2 and half-year ended September 30, 2026.

2. Committee Reconstitution

The Board reconstituted various committees effective November 13, 2026:

  • Audit Committee: Revathy Iyer (Chairperson), Ramesh Narain Parbat, Rahavan Seetharaman, Ramamurthy Vaidyanathan
  • Nomination & Remuneration Committee: Rahavan Seetharaman (Chairperson), Ramesh Narain Parbat, Ashish Pradeep Deora
  • Stakeholders' Relationship Committee: Ashish Pradeep Deora (Chairperson), Ramesh Narain Parbat, Rahavan Seetharaman
  • CSR Committee: Ramamurthy Vaidyanathan (Chairperson), Murali Malayappan, Revathy Iyer
  • Finance & Risk Management Committee: Ramesh Narain Parbat (Chairperson), Murali Malayappan, Ramamurthy Vaidyanathan

3. ESOP Allotment

The Board approved allotment of 4,52,971 fully paid-up equity shares (face value ₹10 each) to eligible grantees under ESOP 2013.

  • Date of issue: November 5, 2026
  • Exercise price: ₹10 per share
  • Distinctive numbers: 17,06,54,393 - 17,11,07,363
  • Total issued shares after allotment: 17,11,07,363
  • Total issued capital after allotment: ₹1,71,10,73,630
  • Money realized: ₹45,29,710

4. Promoter Reclassification

The Board approved reclassification of Shriram Group Executives Welfare Trust from 'Promoter/Promoter Group' category to 'Public' category, subject to stock exchange approvals and other required approvals.

The Company will submit application to stock exchanges for no-objection to the reclassification.

Subsidiary Acquisitions

During Q2 September 2026, the Company acquired equity stake of JV partners in four joint ventures for aggregate consideration of ₹37 crores, resulting in:

  • Increase in shareholding in one entity to 99%
  • Increase in shareholding in three entities to 100%
  • Effective September 30, 2026, one entity became subsidiary and three entities became wholly-owned subsidiaries

Enforcement Directorate Matter

The Enforcement Directorate conducted search operations at Company's business premises on October 23-24, 2024. Management reiterates there is nothing to implicate the Company, its subsidiaries/joint ventures, or directors. No formal communication received regarding findings as of November 13, 2026.

Auditor Review

The financial results were subjected to limited review by Abarna & Ananthan Chartered Accountants (Firm Registration No: 000003S), who issued unmodified review reports with Emphasis of Matter regarding the Enforcement Directorate search operation.