The Board reviewed, approved, and took on record the Unaudited Financial Results for the half year ended 30th September, 2026, along with the Auditor's Limited Review Report. The statutory auditors, S S Kothari Mehta & Co LLP, conducted a limited review and reported nothing came to their attention causing them to believe the statement contains any material misstatement.

The Board also considered and approved the appointment of M/s S N Banerjea & Co, Chartered Accountants (FRN: 301001E), Kolkata, as the Internal Auditor of the Company for the Financial Years 2026-27 & 2027-28.

Financial Results Highlights (All amounts in ₹ Lakhs)

Income Statement for Half Year Ended September 30, 2026

  • Revenue from Operations: ₹4,325.99 (vs. ₹3,703.78 in H1 FY26)
  • Other Income: ₹88.47 (vs. ₹86.29 in H1 FY26)
  • Total Income: ₹4,414.46 (vs. ₹3,790.07 in H1 FY26)
  • Profit Before Tax: ₹918.60 (vs. ₹683.44 in H1 FY26)
  • Tax Expense: ₹133.53 (vs. ₹182.14 in H1 FY26)
  • Profit After Tax: ₹785.07 (vs. ₹501.30 in H1 FY26)
  • Basic & Diluted EPS: ₹5.17 (vs. ₹3.94 in H1 FY26)

Balance Sheet as at September 30, 2026

  • Share Capital: ₹1,816.03 (vs. ₹1,336.03 as of March 31, 2026)
  • Reserves and Surplus: ₹15,306.06 (vs. ₹7,056.53 as of March 31, 2026)
  • Total Equity: ₹17,122.09 (vs. ₹8,392.56 as of March 31, 2026)
  • Cash and Bank Balances: ₹5,546.04 (vs. ₹75.69 as of March 31, 2026)
  • Total Assets: ₹20,033.87 (vs. ₹12,906.43 as of March 31, 2026)

Cash Flow Statement for Half Year Ended September 30, 2026

  • Net Cash from Operating Activities: (₹283.01)
  • Net Cash from Investing Activities: (₹791.92)
  • Net Cash from Financing Activities: ₹6,473.84
  • Net Increase in Cash: ₹5,398.91
  • Closing Cash & Cash Equivalents: ₹5,408.94

IPO Details and Utilization

The company completed its initial public offer (IPO) of 48,00,000 equity shares of face value of ₹10 each (including securities premium of ₹177 per share) comprising a fresh issue. The Equity Shares were listed on the BSE SME Exchange effective July 23, 2026.

IPO Proceeds Utilization as of September 30, 2026:

  • Total Proceeds Raised: ₹8,976.00 lakhs
  • Total Amount Utilized: ₹3,864.00 lakhs
  • Total Unutilized Amount: ₹5,112.00 lakhs

Breakdown of Utilization:

  • Setting up manufacturing facility in Kolkata: ₹0 utilized out of ₹2,012.72 allocated
  • New office premises: ₹0 utilized out of ₹817.06 allocated
  • Working Capital requirements: ₹3,000.00 utilized out of ₹4,000.00 allocated
  • General Corporate Purpose: ₹0 utilized out of ₹888.12 allocated
  • Issue related Expenses: ₹864.00 utilized out of ₹1,258.10 allocated

Unutilized Amount Composition:

  • In Bank Account: ₹162.00 lakhs
  • In Fixed Deposit: ₹4,950.00 lakhs

Additional Information

  • The company incurred ₹1,028.87 lakhs as IPO-related expenses adjusted to securities premium.
  • Business activities fall within a single primary business segment: Manufacturing and Installation of Automated Parking Solutions.
  • No investor complaints were received or pending during the half year ended September 30, 2026.
  • Previous year/period figures have been recast/regrouped/rearranged/reclassified wherever necessary for comparability.