Board Meeting Outcomes
The Board of Directors of Sicagen India Limited met on November 2, 2026, from 11:30 AM to 1:00 PM IST and approved the following:
1. Unaudited Financial Results: Approved the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
2. Alteration of Articles of Association: Approved alterations to the Articles of Association, subject to shareholder approval via special resolution through postal ballot. The notice of postal ballot will be sent to shareholders in due course.
Standalone Financial Performance (₹ lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹15,461
- Profit before tax and exceptional items: ₹632
- Profit before tax after exceptional items: ₹632
- Profit after tax: ₹481
- Basic and diluted EPS: ₹1.22 (face value ₹10 each)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹28,754
- Profit before tax and exceptional items: ₹1,379
- Profit before tax after exceptional items: ₹1,379
- Profit after tax: ₹1,029
- Basic and diluted EPS: ₹2.60 (face value ₹10 each)
Comparative Quarter Ended September 30, 2025:
- Revenue from operations: ₹12,468
- Profit before tax and exceptional items: ₹307
- Profit before tax after exceptional items: ₹307
- Profit after tax: ₹218
- Basic and diluted EPS: ₹0.55 (face value ₹10 each)
Consolidated Financial Performance (₹ lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹32,795
- Profit before exceptional items and tax: ₹1,159
- Profit after exceptional items but before tax: ₹1,159
- Net profit after tax: ₹896
- Other comprehensive income: ₹(130) net
- Total comprehensive income: ₹766
- Basic and diluted EPS: ₹2.26 (face value ₹10 each)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹61,391
- Profit before exceptional items and tax: ₹2,088
- Profit after exceptional items but before tax: ₹2,088
- Net profit after tax: ₹1,589
- Other comprehensive income: ₹1,459 net
- Total comprehensive income: ₹3,048
- Basic and diluted EPS: ₹4.02 (face value ₹10 each)
Comparative Quarter Ended September 30, 2025:
- Revenue from operations: ₹22,676
- Profit before exceptional items and tax: ₹573
- Profit after exceptional items but before tax: ₹573
- Net profit after tax: ₹414
- Basic and diluted EPS: ₹1.05 (face value ₹10 each)
Segment Performance (Standalone)
Trading Segment (Building Materials, Power & Control Systems):
- Q2 FY27 revenue: ₹14,006 lakhs
- Q2 FY27 segment result: ₹651 lakhs
Manufacturing Segment (Industrial Packaging, Specialty Chemicals):
- Q2 FY27 revenue: ₹1,456 lakhs
- Q2 FY27 segment result: ₹299 lakhs
Financial Position (Standalone as of September 30, 2026)
- Total assets: ₹54,889 lakhs
- Share capital: ₹3,957 lakhs
- Other equity: ₹40,252 lakhs
- Total equity: ₹44,209 lakhs
- Non-current liabilities: ₹729 lakhs
- Current liabilities: ₹9,951 lakhs
Cash Flow (Standalone H1 FY27)
- Net cash from operating activities: ₹2,298 lakhs
- Net cash used in investing activities: ₹(1,484) lakhs
- Net cash used in financing activities: ₹(804) lakhs
- Net increase in cash: ₹10 lakhs
Articles of Association Alteration
The proposed amendment to Articles of Association aims to enable the company to undertake various corporate actions including:
- Issuance of shares on private placement and preferential allotment basis
- Buy-back of securities
- Other transactions and dealings in securities
- The changes will be made in accordance with Companies Act, 2013 and applicable regulations
Subsidiaries Included in Consolidation
1. Wilson Cables Private Limited
2. South India House Estates and Properties Limited
Auditor's Review
SRSV & Associates conducted limited review and confirmed that nothing has come to their attention causing them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410.