The statutory auditors, Dokania S. Kumar & Co. (ICAI Firm Registration Number 322919E), have issued a limited review report dated November 14, 2026, on these unaudited financial results. Based on their review, conducted in accordance with Standard on Review Engagements (SRE) 2410, nothing has come to their attention that causes them to believe the statement is not prepared properly or contains any material misstatement.

Key Financial Figures (Standalone)

Income Statement for H1 FY27 (Half Year Ended September 30, 2026):

  • Revenue from Operations: ₹998.24 Lacs
  • Other Income: ₹0.18 Lacs
  • Total Income: ₹998.42 Lacs
  • Total Expenses: ₹849.81 Lacs
  • Purchase of Stock-in-trade: ₹379.56 Lacs
  • Changes in Inventories of Stock-in-Trade: ₹231.46 Lacs
  • Employee Benefit Expenses: ₹88.59 Lacs
  • Finance Costs: ₹43.00 Lacs
  • Depreciation and Amortization Expenses: ₹28.45 Lacs
  • Other Expenses: ₹78.76 Lacs
  • Profit Before Tax: ₹148.61 Lacs
  • Tax Expense: ₹38.58 Lacs
  • Current Tax: ₹27.61 Lacs
  • Deferred Tax: ₹10.97 Lacs
  • Profit for the period (Net Profit): ₹110.03 Lacs
  • Basic/Diluted Earnings Per Share (Face Value ₹10): ₹1.82

Balance Sheet as of September 30, 2026:

  • Total Equity and Liabilities: ₹4,031.84 Lacs (vs. ₹3,037.47 Lacs on Mar 31, 2026)
  • Share Capital: ₹604.00 Lacs (unchanged)
  • Reserves and Surplus: ₹668.70 Lacs (vs. ₹558.67 Lacs)
  • Long Term Borrowings: ₹334.76 Lacs (vs. ₹342.41 Lacs)
  • Short Term Borrowings: ₹400.11 Lacs (vs. ₹355.74 Lacs)
  • Trade Payables: ₹604.92 Lacs (₹14.48 Lacs to micro/small enterprises; ₹590.44 Lacs to others)
  • Other Current Liabilities: ₹1,211.63 Lacs (vs. ₹148.96 Lacs)
  • Total Assets: ₹4,031.84 Lacs (vs. ₹3,037.47 Lacs on Mar 31, 2026)
  • Property, Plant and Equipment: ₹1,149.91 Lacs (vs. ₹552.80 Lacs)
  • Inventories: ₹1,118.24 Lacs (vs. ₹1,349.70 Lacs)
  • Trade Receivables: ₹1,509.31 Lacs (vs. ₹948.19 Lacs)
  • Cash and Cash Equivalents: ₹10.60 Lacs (vs. ₹11.76 Lacs)

Cash Flow Statement for H1 FY27:

  • Net Cash Flow From Operating Activities (A): ₹669.14 Lacs
  • Net Cash Used In Investing Activities (B): (₹625.56) Lacs (primarily Purchase of Fixed Assets)
  • Net Cash Used In Financing Activities (C): (₹44.75) Lacs (Finance Cost: ₹43.00 Lacs; Net Loan Activity: (₹1.75) Lacs)
  • Net Decrease in Cash and Cash Equivalents (A+B+C): (₹1.16) Lacs

Notes to Accounts

  • The company is primarily engaged in the manufacturing and trading of plywood and allied products, which is a single reportable segment.
  • The company does not have any subsidiary, associate, or joint venture.
  • The company was listed on the SME exchange recently on October 8, 2026. Consequently, comparative figures for the half year ended September 30, 2025, are not provided.
  • Earnings per share are based on the weighted average share capital and are not annualized.
  • The company is exempt from adopting Indian Accounting Standards (Ind AS) as it is listed on the SME Exchange.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The results have been submitted to the BSE Limited and will be hosted on the company's website at www.sollfege.com.