Financial Performance Highlights (Quarter Ended September 30, 2026)
- Revenue from operations: ₹1,852 lakhs (34.3% increase from ₹1,379 lakhs in Q2 FY26)
- Total income: ₹1,860.6 lakhs (33.3% increase from ₹1,395.3 lakhs in Q2 FY26)
- Profit before tax: ₹93.6 lakhs (79.3% increase from ₹52.2 lakhs in Q2 FY26)
- Net profit: ₹69.4 lakhs (81.2% increase from ₹38.3 lakhs in Q2 FY26)
- Earnings per share (Basic): ₹1.12 (compared to ₹0.62 in Q2 FY26)
- Earnings per share (Diluted): ₹1.11 (compared to ₹0.62 in Q2 FY26)
Half-Year Performance (April-September 2026)
- Revenue from operations: ₹3,297.5 lakhs (43.4% increase from ₹2,300 lakhs in H1 FY26)
- Total income: ₹3,325.3 lakhs (42.8% increase from ₹2,329.7 lakhs in H1 FY26)
- Profit before tax: ₹134 lakhs (576.8% increase from ₹19.8 lakhs in H1 FY26)
- Net profit: ₹99.4 lakhs (576.2% increase from ₹14.7 lakhs in H1 FY26)
Segment Performance (Quarter Ended September 30, 2026)
- Sewing machines and related accessories: Revenue ₹1,563.1 lakhs, Segment profit ₹192.3 lakhs
- Domestic appliances: Revenue ₹288.9 lakhs, Segment loss ₹31.3 lakhs
- Total segment assets: ₹30,336 lakhs (Sewing machines: ₹18,731 lakhs, Domestic appliances: ₹5,156 lakhs)
- Total segment liabilities: ₹11,700 lakhs (Sewing machines: ₹7,279 lakhs, Domestic appliances: ₹2,750 lakhs)
Balance Sheet Position (as at September 30, 2026)
- Total assets: ₹30,336 lakhs (increase from ₹28,948 lakhs as at March 31, 2026)
- Inventories: ₹14,414 lakhs (significant increase from ₹10,482 lakhs as at March 31, 2026)
- Trade receivables: ₹5,934 lakhs (increase from ₹3,859 lakhs as at March 31, 2026)
- Cash and cash equivalents: ₹1,393 lakhs (decrease from ₹5,867 lakhs as at March 31, 2026)
- Total equity: ₹18,636 lakhs (increase from ₹17,825 lakhs as at March 31, 2026)
Cash Flow Statement (Half-Year Ended September 30, 2026)
- Cash used in operating activities: ₹(4,535) lakhs (compared to ₹2,332 lakhs generated in H1 FY26)
- Cash generated from investing activities: ₹698 lakhs
- Cash used in financing activities: ₹(377) lakhs
- Net decrease in cash: ₹(4,474) lakhs
Exceptional Items
For the year ended March 31, 2026, the company recorded a one-time impact of ₹73 lakhs related to the implementation of New Labour Codes, comprising gratuity of ₹50.09 lakhs and long-term compensated absences of ₹23.01 lakhs.
Corporate Actions
- The company paid a final dividend of ₹0.40 per equity share (face value ₹2) for FY2026, amounting to ₹249 lakhs
- During FY2026, the company raised additional share capital of ₹448.55 lakhs through preferential allotment of 563,572 shares at ₹79.59 per share
- The ESOP 2023 plan has 36,00,000 stock options available, with 31,50,000 granted in FY2024, 1,25,000 in FY2025, and 2,00,000 in FY2026