Financial Results Summary

Standalone Financial Results (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹4,651.63 lakhs (vs ₹1,814.58 lakhs in Q2 FY26)
  • Profit Before Tax: ₹1,922.89 lakhs
  • Tax Expense: ₹434.99 lakhs
  • Net Profit for Period: ₹1,487.90 lakhs
  • EPS (Basic & Diluted): ₹0.79

Consolidated Financial Results (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹41,706.60 lakhs (vs ₹1,814.58 lakhs in Q2 FY26)
  • Profit Before Tax: ₹7,049.81 lakhs
  • Tax Expense: ₹1,801.88 lakhs
  • Net Profit for Period: ₹4,859.92 lakhs
  • EPS (Basic & Diluted): ₹2.59

Half-Yearly Performance (Standalone)

  • Revenue from Operations: ₹8,784.48 lakhs (vs ₹2,335.97 lakhs in H1 FY26)
  • Net Profit: ₹1,487.90 lakhs

Half-Yearly Performance (Consolidated)

  • Revenue from Operations: ₹79,134.33 lakhs (vs ₹2,335.97 lakhs in H1 FY26)
  • Net Profit: ₹8,401.08 lakhs

Key Board Approvals

Fundraising

  • Approved raising funds up to ₹3,000 crore in one or more tranches
  • Methods: Equity shares/eligible securities via FPO, preferential allotment, rights issue, private placement, QIP, or other permissible methods
  • Subject to shareholder and regulatory approvals

Board Composition Changes

Appointments:

  • Mr. Galla Jayadev (DIN:00143610) as Independent Director (Non-Executive, Additional)
  • Ms. Urkavalan Jeya Santhi (DIN:11338879) as Independent Woman Director (Non-Executive, Additional)

Designation Changes:

  • Lt. Gen. Retd. Raju Somashekar Baggavalli (DIN:11482140) designated as Chairman of the Board
  • Mr. Kartheek Raju Chintalapati (DIN:02921819) designated as Whole-Time Director (Executive, Promoter) and Vice Chairman of the Board
  • Mr. Sunil Kumar Kalidindi (DIN:02344343) designation changed from Whole-Time Director to Managing Director

Resignations:

  • Mr. Suryanarayana Raju Nandyala (DIN:01581731) - Independent Director
  • Ms. Leona Ambuja (DIN:07138817) - Non-Executive Director
  • Ms. Uma Garimella (DIN:02847624) - Independent Woman Director

Corporate Actions During Quarter

  • Raised approximately ₹460 crore through preferential allotment of 1,32,56,470 equity shares (₹10 each)
  • Allotted 4,32,777 equity shares for acquiring additional 25% stake in AS Strategic Private Limited (total holding now 76%)
  • Acquired 100% stake in Bromford Precision Solutions Limited, UK through Sigma Advanced Systems UK Limited

Cash Flow Highlights

Standalone (Half-Year Ended September 30, 2026):

  • Net Cash Used in Operating Activities: ₹(19,656.93) lakhs
  • Net Cash Used in Investing Activities: ₹(29,599.96) lakhs
  • Net Cash from Financing Activities: ₹52,320.33 lakhs
  • Closing Cash Balance: ₹4,237.75 lakhs

Consolidated (Half-Year Ended September 30, 2026):

  • Net Cash Used in Operating Activities: ₹(21,291.88) lakhs
  • Net Cash from Investing Activities: ₹25,055.08 lakhs
  • Net Cash from Financing Activities: ₹55,847.01 lakhs
  • Closing Cash Balance: ₹11,575.68 lakhs

Segment Information

  • The company operates in only one segment: Aerospace and Defence

Subsidiary Structure

As of September 30, 2026, the company has:

  • Wholly Owned Subsidiaries: Sigma Advanced Systems UK Limited, Velapan Systems Private Limited, Indorus Systems Private Limited
  • Subsidiary: AS Strategic Private Limited & its subsidiaries
  • Associate Company: Indrajaal Drone Defence India Private Limited

Meeting Details

  • Board meeting commenced at 02:00 PM and concluded at 05:30 PM on November 06, 2026