Financial Results Overview
Standalone Results for Q2 FY27 (Quarter ended September 30, 2026):
- Total Income: ₹36.46 lakh
- Total Expenses: ₹62.83 lakh
- Loss before tax: ₹29.37 lakh
- Net Loss after tax: ₹27.06 lakh
- Basic EPS: -₹0.37
- Paid-up equity share capital: ₹726.32 lakh (face value ₹10 each)
Standalone Results for H1 FY27 (Half Year ended September 30, 2026):
- Total Income: ₹67.28 lakh
- Total Expenses: ₹109.39 lakh
- Loss before tax: ₹31.91 lakh
- Net Loss after tax: ₹31.29 lakh
- Basic EPS: -₹0.04
Consolidated Results for Q2 FY27:
- Total Income: ₹608.71 lakh
- Total Expenses: ₹684.94 lakh
- Loss before tax: ₹76.23 lakh
- Net Loss after tax: ₹75.28 lakh
- Basic EPS: -₹1.04
Consolidated Results for H1 FY27:
- Total Income: ₹738.90 lakh
- Total Expenses: ₹929.70 lakh
- Loss before tax: ₹190.80 lakh
- Net Loss after tax: ₹194.10 lakh
- Basic EPS: -₹2.67
Key Corporate Actions Approved
1. Corporate Guarantee Enhancement
- Enhanced existing corporate guarantee in favor of HDFC Bank Limited on behalf of Dryfruit Factory LLP (Material Subsidiary)
- Additional amount: ₹68,00,000 (₹68 lakh)
- Total guarantee amount increased to: ₹5,68,00,000 (₹5.68 crore)
- For credit facilities availed/proposed to be availed by the LLP
- Transaction is at arm's length, no promoter/promoter group interest
- Constitutes contingent liability for the Company
2. Sale of Immovable Property
- Property located at B-1109, Kanakia Wall Street, Chakala, Andheri–Kurla Road, Andheri (East), Mumbai – 400093
- Expected consideration: Not exceeding ₹5,00,00,000 (₹5 crore)
- Buyer: M/s. Glorious Sales LLP (not related to promoter/promoter group)
- Agreement expected to be executed on or before March 31, 2027
- Sale expected to be completed on or before March 31, 2027
- Not a related party transaction
3. Leasing of Immovable Property
- Property located at 27, Soham Industrial Park, Bareja-Dholka-Mahijada Road, Village Mahijada, Ahmedabad – 382425, Gujarat
- Lessee: Dryfruit Factory LLP (Material Subsidiary)
- Purpose: Cashew processing/manufacturing operations and/or commercial office use
- Expected rental income: Not exceeding ₹3,00,000 (₹3 lakh) per month
- Lease agreement expected to be executed on or before December 31, 2026
- Constitutes related party transaction, done at arm's length
- Approved by Audit Committee and Board of Directors
Financial Position
Standalone Balance Sheet as at September 30, 2026:
- Total Assets: ₹4,704.44 lakh
- Total Equity: ₹4,093.21 lakh
- Total Liabilities: ₹611.23 lakh
- Cash and cash equivalents: ₹1.74 lakh
Consolidated Balance Sheet as at September 30, 2026:
- Total Assets: ₹3,076.59 lakh
- Total Equity: ₹790.04 lakh
- Total Liabilities: ₹2,286.55 lakh
- Cash and cash equivalents: ₹84.36 lakh
Subsidiary Updates
- Aranya Consulting and Biotech LLP: Accumulated losses of ₹1,495 lakh till March 31, 2026; loss of ₹1.37 lakh in current year up to September 30, 2026; Board approved revival plan
- Biospan Scientific LLP: Accumulated losses of ₹157 lakh as at March 31, 2019; ₹183 lakh impairment provided in 2018-19; preparing results on going concern basis
- Biospan Contamination Control Solution Pvt. Ltd: Accumulated losses of ₹769 lakh till September 30, 2026; total liabilities exceed total assets by ₹759 lakh; preparing results on going concern basis
Fund Utilization
- Preferential Issue raised ₹579.36 lakh in March 2026
- Proceeds fully utilized during quarter ended September 30, 2026
- No deviation or variation in utilization from stated objects:
- Procurement of Raw Cashew Nut Inventory: ₹500.00 lakh
- Restart and Ramp-up Costs: ₹50.00 lakh
- Selective Refurbishment: ₹29.36 lakh
Board Meeting Details
- Date: November 05, 2026
- Commencement: 11:15 IST
- Conclusion: 17:00 IST