Financial Results

Standalone Financial Performance for H1 FY27 (ended September 30, 2026):

  • Revenue from Operations: ₹55.61 crore
  • Total Revenue: ₹55.61 crore (including Other Income of ₹0.12 lakh)
  • Total Expenses: ₹53.62 crore
  • Profit Before Tax: ₹1.99 crore
  • Total Tax Expense: ₹50.39 lakh (Current Tax: ₹49.89 lakh, Short/Excess Provision: ₹0.50 lakh)
  • Profit for the Period: ₹1.49 crore
  • Basic and Diluted EPS: ₹3.15

Consolidated Financial Performance for H1 FY27 (ended September 30, 2026):

  • Revenue from Operations: ₹87.06 crore
  • Total Revenue: ₹87.06 crore (including Other Income of ₹0.12 lakh)
  • Total Expenses: ₹80.64 crore
  • Profit Before Tax: ₹6.42 crore
  • Total Tax Expense: ₹50.39 lakh (Current Tax: ₹49.89 lakh, Short/Excess Provision: ₹0.50 lakh)
  • Profit for the Period: ₹5.91 crore
  • Basic and Diluted EPS: ₹12.45

Balance Sheet Position (Standalone as of September 30, 2026):

  • Total Assets: ₹97.46 crore
  • Non-Current Assets: ₹7.43 crore (Property Plant & Equipment: ₹1.93 crore, Intangible Assets: ₹5.50 crore)
  • Current Assets: ₹90.03 crore (Inventories: ₹13.94 crore, Trade Receivables: ₹72.06 crore, Cash & Cash Equivalents: ₹0.19 crore)
  • Total Equity: ₹34.67 crore (Equity Share Capital: ₹4.75 crore, Other Equity: ₹29.92 crore)
  • Total Liabilities: ₹62.80 crore

Corporate Actions

1. Termination of Acquisition Agreement: The Company has terminated the Memorandum of Agreement dated December 08, 2025 with HOLKAR SOMNATH MILK & AGRO PRODUCTS PVT. LTD. for acquisition of 100% takeover of the Target Company.

2. Director Appointment: Mr. Shubham Goyal (DIN: 12029739) was appointed as an Additional Director effective October 31, 2026. He has over 5 years of experience in marketing in retail and wholesale trading of goods. The appointed director is not related to any other directors of the Company.

Meeting Details

The Board Meeting commenced at 06:00 p.m. and concluded at 07:00 p.m. on October 31, 2026.

Subsidiary Information

The consolidated results include the financials of wholly owned subsidiary Sonalis Consumer Products FZC LLC (incorporated in UAE). The subsidiary's interim financial information has not been reviewed by any auditor and has been certified by management. The subsidiary commenced IT and agro-tech services operations during H1 FY27.

Segment Information

The Group has two reportable segments:

1. Trading of food and consumer products (India)

2. IT and agro-tech services (UAE) - commenced in current half year

Tax Treatment

  • Indian entities taxed under Income-tax Act, 1961 at rate applicable under Section 115BAA
  • UAE subsidiary registered for UAE Corporate Tax as Qualifying Free Zone Person with income taxable at 0%

Additional Information

  • The figures for the half year ended March 31, 2026 are balancing figures between audited full year and published unaudited half year results
  • There are no material events after the end of the reporting period requiring adjustment or disclosure
  • Previous period figures have been regrouped and rearranged wherever necessary to conform to current period's classification