Financial Results - Standalone (₹ in lakhs)

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹3,273
  • Other Income: ₹23
  • Total Income: ₹3,296
  • Total Expenses: ₹3,032
  • Road work and site expenses: ₹2,966
  • Employees benefits expense: ₹25
  • Depreciation and amortisation: ₹2
  • Other Expenses: ₹39
  • Profit before exceptional items and tax: ₹264
  • Exceptional Items: ₹93
  • Foreign Exchange Gain on Loan to Soma Textiles FZC: ₹41
  • Profit on Sale of Fixed Assets (Net): ₹51
  • Liabilities no longer required written back: ₹1
  • Profit before tax: ₹357
  • Tax expense (Deferred tax): (₹163)
  • Net Profit for the period: ₹194
  • Earnings Per Share (Basic & Diluted): ₹0.59

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹6,112
  • Other Income: ₹41
  • Total Income: ₹6,153
  • Total Expenses: ₹5,654
  • Profit before exceptional items and tax: ₹499
  • Exceptional Items: ₹134
  • Profit before tax: ₹633
  • Tax expense (Deferred tax): (₹163)
  • Net Profit for the period: ₹470
  • Earnings Per Share (Basic & Diluted): ₹1.42

Comparative Figures

  • Q2 FY26 Net Profit: (₹63) loss
  • H1 FY26 Net Profit: ₹300
  • FY26 Full Year Net Profit: ₹982

Financial Position - Standalone (as at 30th September 2026)

  • Total Assets: ₹23,564 lakhs
  • Non-current assets: ₹5,272 lakhs
  • Property, plant and equipment: ₹58 lakhs
  • Investments: ₹200 lakhs
  • Loan: ₹3,389 lakhs
  • Deferred tax assets: ₹760 lakhs
  • Income tax assets: ₹789 lakhs
  • Current assets: ₹18,292 lakhs
  • Trade receivables: ₹5,075 lakhs
  • Cash and cash equivalents: ₹1,336 lakhs
  • Other financial assets: ₹3,276 lakhs
  • Total Equity: ₹17,072 lakhs
  • Equity share capital: ₹3,323 lakhs
  • Other equity: ₹13,749 lakhs
  • Total Liabilities: ₹6,492 lakhs

Cash Flow - Standalone (H1 FY27)

  • Cash flow from operating activities: ₹1,507 lakhs
  • Cash flow from investing activities: (₹60) lakhs
  • Cash flow from financing activities: (₹169) lakhs
  • Net increase in cash: ₹1,278 lakhs
  • Cash equivalents at beginning: ₹58 lakhs
  • Cash equivalents at end: ₹1,336 lakhs

Consolidated Results

The consolidated financial results are identical to standalone results because the company has discontinued recognizing its share of losses from associate Soma Textiles FZC (40% ownership) after the investment was fully impaired. If the associate reports profits in future, the company will resume recognizing its share only after profits equal previously unrecognized losses.

Business Segment Change

The company was primarily engaged in trading of cotton and cotton yarn until September 2025 quarter. From December 2025 quarter, the company is engaged solely in works contract of highway construction as its only reportable primary business segment, as per Ind AS 108.

Management Change

Pursuant to Share Purchase Agreement dated 9th July 2025, the existing promoters sold their entire shareholding to new promoters (Roadway Solutions India Infra Limited, Mr. Ameet Harjinder Gadhoke, and Mrs. Teja Ranade Gadhoke).

The previous management resigned, and new board appointments include:

  • Mr. Ameet Harjinder Gadhoke as Additional Director and Managing Director
  • Mrs. Teja Ranade Gadhoke as Additional Director and Non-Executive Chairperson
  • Mr. Narsingh Narain Giri as Additional Director and Non-Executive Independent Director
  • Mrs. Sunita Gangadhar Jamkhande as Additional Director and Non-Executive Independent Director
  • Mrs. Archana Dheeraj Sonaikar as Additional Director and Non-Executive Independent Director

Auditors' Report

Pipara & Co. issued an unmodified limited review report, stating nothing has come to their attention that causes them to believe the financial results contain any material misstatement. For consolidated results, they emphasized the discontinuance of recognition of further losses in the associate after full impairment.