Financial Results Highlights

Quarter Ended September 30, 2026 (Unaudited):

  • Revenue from Operations: ₹2,850 lakh
  • Other Income: ₹2,431 lakh
  • Total Income: ₹5,323 lakh
  • Total Expenses: ₹5,291 lakh
  • Profit/(Loss) Before Tax: ₹36 lakh
  • Tax Expense: ₹0.53 lakh (Deferred Tax)
  • Profit/(Loss) for the Period: ₹35.47 lakh
  • Earnings Per Share (Basic and Diluted): ₹0.034

Half Year Ended September 30, 2026 (Unaudited):

  • Revenue from Operations: ₹16,581 lakh
  • Other Income: ₹1,251 lakh
  • Total Income: ₹17,832 lakh
  • Total Expenses: ₹18,302 lakh
  • Profit/(Loss) Before Tax: ₹(53.09) lakh
  • Tax Expense: ₹0.73 lakh (Deferred Tax)
  • Profit/(Loss) for the Period: ₹(53.82) lakh
  • Earnings Per Share (Basic and Diluted): ₹(0.659)

Comparative Figures (Half Year Ended September 30, 2025 - Unaudited):

  • Revenue from Operations: ₹18,751 lakh
  • Other Income: ₹2,326 lakh
  • Total Income: ₹21,077 lakh
  • Profit/(Loss) for the Period: ₹10.88 lakh
  • Earnings Per Share: ₹0.036

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹1,839.12 lakh (Previous: ₹1,800.11 lakh as at March 31, 2026)
  • Non-Current Assets: ₹633.59 lakh (Property, Plant and Equipment: ₹225.58 lakh; Financial Assets: ₹596.52 lakh; Deferred Tax Asset: ₹14.49 lakh)
  • Current Assets: ₹1,205.53 lakh (Inventories: ₹798.81 lakh; Trade Receivables: ₹18.86 lakh; Cash and Cash Equivalents: ₹11.58 lakh; Other Bank Balances: ₹305.00 lakh)
  • Equity: ₹1,264.93 lakh (Equity Share Capital: ₹300.00 lakh; Other Equity: ₹964.93 lakh)
  • Current Liabilities: ₹574.19 lakh (Borrowings: ₹517.70 lakh; Other Financial Liabilities: ₹17.79 lakh; Other Current Liabilities: ₹38.70 lakh)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹(53.90) lakh
  • Net Cash from Investing Activities: ₹32.44 lakh
  • Net Cash from Financing Activities: ₹31.69 lakh
  • Net Increase in Cash: ₹10.23 lakh
  • Cash and Cash Equivalents at End: ₹11.58 lakh

SEBI Regulatory Notice

The disclosure includes notice of SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, which initiated a special window for re-lodgement of physical share transfer deeds that were lodged prior to April 2019 and were returned/rejected/not attended due to deficiencies. This window is effective from February 3, 2026, to February 4, 2027. Securities re-lodged during this period will be issued only in demat mode and will be under lock-in for one year from the date of registration of transfer, during which they cannot be transferred/lien-marked/pledged.

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
  • The company's business activity is within a single business segment of magnesium and its alloys.
  • The company's Registrar and Transfer Agent is Aarthi Consultants Private Limited.
  • The independent auditor's review was conducted by Brahmayya & Co., who issued an unqualified report.
  • Weighted average number of equity shares outstanding: 30,00,000 shares.