Financial Results Summary

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹0.00 lakhs
  • Total income: ₹0.00 lakhs
  • Total expenses: ₹10.67 lakhs (Employee benefits: ₹7.93 lakhs, Depreciation: ₹0.08 lakhs, Other expenses: ₹2.66 lakhs)
  • Loss before tax: ₹(10.67) lakhs
  • Net loss after tax: ₹(10.67) lakhs
  • Basic and diluted EPS: ₹(0.03) per share

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹7.63 lakhs
  • Total income: ₹7.63 lakhs
  • Total expenses: ₹24.86 lakhs (Employee benefits: ₹8.18 lakhs, Depreciation: ₹0.08 lakhs, Other expenses: ₹16.60 lakhs)
  • Loss before tax: ₹(17.23) lakhs
  • Net loss after tax: ₹(17.23) lakhs
  • Basic and diluted EPS: ₹(0.06) per share

Comparative Financial Performance

Compared to FY2026 (Audited):

  • FY2026 revenue: ₹154.40 lakhs vs H1 FY2027: ₹7.63 lakhs
  • FY2026 net profit: ₹0.58 lakhs vs H1 FY2027 net loss: ₹(17.23) lakhs
  • FY2026 expenses: ₹153.07 lakhs vs H1 FY2027 expenses: ₹24.86 lakhs

Balance Sheet Position (as of September 30, 2026)

Assets:

  • Total assets: ₹312.84 lakhs (down from ₹472.49 lakhs as of March 31, 2026)
  • Non-current assets: ₹7.75 lakhs (Property, plant and equipment: ₹1.12 lakhs, Non-current investments: ₹6.63 lakhs)
  • Current assets: ₹305.09 lakhs (Trade receivables: ₹13.55 lakhs, Cash and cash equivalents: ₹0.82 lakhs, Bank balances: ₹290.00 lakhs, Loans: ₹0.10 lakhs, Other current assets: ₹0.62 lakhs)

Equity and Liabilities:

  • Total equity: ₹309.28 lakhs (Equity share capital: ₹305.69 lakhs, Other equity: ₹3.59 lakhs)
  • Total liabilities: ₹3.56 lakhs (Borrowings, current: ₹0.12 lakhs, Trade payables, current: ₹0.34 lakhs, Current tax liabilities: ₹0.15 lakhs, Other current liabilities: ₹2.95 lakhs)

Cash Flow Statement (H1 FY2027)

  • Net cash from operating activities: ₹282.05 lakhs
  • Net cash from investing activities: ₹7.80 lakhs
  • Net cash from financing activities: ₹0.00 lakhs
  • Net increase in cash & cash equivalents: ₹289.85 lakhs
  • Cash & cash equivalents at end of period: ₹290.82 lakhs

Demerger Details

The company completed a demerger of its jewelry business into Simandhar Impex Ltd (100% subsidiary) effective October 17, 2025, following NCLT approval received on October 13, 2025. The scheme provided for:

  • Transfer of jewelry business to resulting company on going concern basis
  • Issuance of 3 equity shares in resulting company for every 10 equity shares held in company
  • Record date: November 5, 2025
  • Resulting company allotted 30,56,925 fully paid-up equity shares of face value ₹10 each
  • Shares listed on BSE Limited on December 22, 2025
  • Accounting treatment as common control transaction with assets and liabilities transferred at book values

Regulatory and Compliance Information

  • Financial results reviewed by Audit Committee and approved by Board of Directors on October 23, 2026
  • Prepared in accordance with Indian Accounting Standards as prescribed under Companies Act, 2013
  • Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures
  • Previous periods' figures have been re-grouped/re-classified for comparability
  • Results available on company website www.simandharimpex.com and BSE website www.bseindia.com

Auditor's Review

Bohara Shah & Co., Chartered Accountants (ICAI Firm Registration No. 143865W) issued a limited review report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410.