Board Meeting Details
The Board of Directors meeting was held on Tuesday, November 03, 2026, commencing at 3:33 PM and concluding at 7:00 PM.
Key Approvals
1. Approved unaudited financial results for quarter and half year ended September 30, 2026, along with Limited Review Report from statutory auditors Walker Chandiok & Co LLP.
2. Declared Interim Dividend of ₹6 per equity share (60% of face value of ₹10 each), to be paid within 30 days from declaration date.
3. Fixed Wednesday, November 11, 2026 as Record Date for determining shareholder eligibility for interim dividend.
Financial Results Summary (₹ in lakhs)
Quarterly Performance (Q2 FY27 vs Q2 FY26)
- Revenue from operations: ₹1,605 (vs ₹1,477 in Q2 FY26) - 8.7% increase
- Other income: ₹53 (vs ₹48 in Q2 FY26)
- Total income: ₹1,658 (vs ₹1,525 in Q2 FY26)
- Total expenses: ₹1,244 (vs ₹1,121 in Q2 FY26)
- Profit before tax: ₹414 (vs ₹404 in Q2 FY26)
- Tax expense: ₹105 (vs ₹111 in Q2 FY26)
- Profit after tax: ₹309 (vs ₹293 in Q2 FY26)
- Basic and diluted EPS: ₹8.56 (vs ₹8.11 in Q2 FY26)
Half Yearly Performance (H1 FY27 vs H1 FY26)
- Revenue from operations: ₹3,130 (vs ₹2,714 in H1 FY26) - 15.3% increase
- Other income: ₹177 (vs ₹134 in H1 FY26)
- Total income: ₹3,307 (vs ₹2,848 in H1 FY26)
- Profit after tax: ₹655 (vs ₹564 in H1 FY26)
- Basic and diluted EPS: ₹18.14 (vs ₹15.62 in H1 FY26)
Balance Sheet Highlights (as at September 30, 2026)
- Total assets: ₹8,664 lakhs (vs ₹8,422 lakhs as at March 31, 2026)
- Equity share capital: ₹361 lakhs (unchanged)
- Other equity: ₹7,336 lakhs (vs ₹7,224 lakhs as at March 31, 2026)
- Current investments: ₹4,163 lakhs (vs ₹3,920 lakhs as at March 31, 2026)
- Cash and cash equivalents: ₹28 lakhs (vs ₹32 lakhs as at March 31, 2026)
Cash Flow Statement (H1 FY27)
- Net cash from operating activities: ₹348 lakhs
- Net cash from investing activities: ₹190 lakhs
- Net cash used in financing activities: ₹542 lakhs (primarily dividend payments of ₹537 lakhs)
- Net decrease in cash: ₹4 lakhs
Auditor Review
Walker Chandiok & Co LLP conducted limited review and issued unmodified conclusion stating nothing came to their attention suggesting material misstatement or non-compliance with Regulation 33 requirements. The review was conducted under SRE 2410 standards.
Additional Information
- The company operates as a single segment "Bearing" business
- No subsidiaries, associates, or joint ventures exist
- Paid-up share capital remains unchanged at 36.1 lakh shares of ₹10 each
- Financial results prepared in accordance with Ind AS 34