Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Clean opinion - Auditors' limited review reports stated nothing came to their attention causing them to believe the financial results contain any material misstatement.

Key Financial Highlights [Amounts in ₹ Lakhs]:

Standalone Results:

Revenue from Operations:

  • Q2 FY27: ₹4,651.63 lakhs vs Q2 FY26: ₹1,814.58 lakhs (156% YoY growth)
  • H1 FY27: ₹8,784.48 lakhs vs H1 FY26: ₹2,335.97 lakhs (276% YoY growth)

Total Income:

  • Q2 FY27: ₹5,709.61 lakhs
  • H1 FY27: ₹10,340.01 lakhs

Net Profit:

  • Q2 FY27: ₹1,487.90 lakhs vs Q2 FY26: ₹356.37 lakhs (318% YoY growth)
  • H1 FY27: ₹2,444.89 lakhs vs H1 FY26: ₹14,095.75 lakhs

EPS:

  • Basic & Diluted EPS: Q2 FY27: ₹0.79; H1 FY27: ₹1.34

Other Equity: ₹77,985.58 lakhs (as of September 30, 2026)

Cash and Cash Equivalents: ₹4,237.75 lakhs

Bank Balances other than Cash & Cash Equivalents: ₹17,476.80 lakhs

Debt:

  • Non-current borrowings: ₹7,646.56 lakhs
  • Current borrowings: ₹4,718.17 lakhs
  • Total debt: ₹12,364.73 lakhs

Consolidated Results:

Revenue from Operations:

  • Q2 FY27: ₹41,706.60 lakhs vs Q2 FY26: ₹1,814.58 lakhs
  • H1 FY27: ₹79,134.33 lakhs vs H1 FY26: ₹2,335.97 lakhs

Total Income:

  • Q2 FY27: ₹42,446.80 lakhs
  • H1 FY27: ₹80,369.87 lakhs

Net Profit:

  • Q2 FY27: ₹4,859.92 lakhs vs Q2 FY26: ₹422.48 lakhs
  • H1 FY27: ₹8,401.08 lakhs vs H1 FY26: ₹14,062.29 lakhs
  • Attributable to owners: Q2 FY27: ₹4,245.70 lakhs; H1 FY27: ₹6,635.95 lakhs

EPS:

  • Basic & Diluted EPS: Q2 FY27: ₹2.59; H1 FY27: ₹4.60

Other Equity: ₹81,093.15 lakhs (attributable to owners)

Cash and Cash Equivalents: ₹11,575.68 lakhs

Segment-wise Performance:

The Company has only one segment: Aerospace and Defence

Corporate Actions:

Dividend: Not declared

Fundraising:

  • Approved raising funds up to ₹3,000 crores through various methods including public offer, preferential allotment, rights issue, private placement, QIP
  • Subject to shareholder and regulatory approvals

Director Appointments:

1. Mr. Galla Jayadev (DIN:00143610) appointed as Independent Director (Non-Executive, Additional)

2. Ms. Urkavalan Jeya Santhi (DIN:11338879) appointed as Independent Woman Director (Non-Executive, Additional)

3. Lt. Gen. Retd. Raju Somashekar Baggavalli (DIN:11482140) designated as Chairman of the Board

4. Mr. Kartheek Raju Chintalapati (DIN:02921819) designation changed to Whole-Time Director (Executive, Promoter) and designated as Vice Chairman

5. Mr. Sunil Kumar Kalidindi (DIN:02344343) designation changed from Whole-Time Director to Managing Director

Director Resignations:

1. Mr. Suryanarayana Raju Nandyala (DIN:01581731) - Independent Director

2. Ms. Leona Ambuja (DIN:07138817) - Non-Executive Director

3. Ms. Uma Garimella (DIN:02847624) - Independent Woman Director

Other Disclosures:

  • No deviations in utilization of funds raised through preferential issue of ₹4,599.99 lakhs
  • No outstanding defaults on loans and debt securities
  • Related party transactions disclosed in XBRL FULL Results

Other Significant Information:

Acquisitions and Investments:

1. During Q2 FY27, raised approximately ₹460 crores by allotting 1,32,56,470 equity shares on preferential basis

2. Allotted 4,32,777 equity shares for acquiring additional 25% stake in AS Strategic Private Limited, increasing total holding to 76%

3. Acquired 100% stake in Bromford Precision Solutions Limited, UK through wholly owned subsidiary Sigma Advanced Systems UK Limited

Subsidiary Structure:

Wholly Owned Subsidiaries:

  • Sigma Advanced Systems UK Limited and its subsidiaries
  • Velapan Systems Private Limited
  • Indorus Systems Private Limited

Subsidiary:

  • AS Strategic Pvt Ltd & its subsidiaries

Associate Company:

  • Indrajaal Drone Defence India Private Limited

Assets and Liabilities Position (Standalone):

Total Assets: ₹1,15,963.27 lakhs (vs ₹62,625.95 lakhs as of March 31, 2026)

Total Equity: ₹96,978.48 lakhs (vs ₹47,433.26 lakhs as of March 31, 2026)