Document Context

SPL Industries Limited disclosed unaudited standalone financial results for the quarter and half-year ended September 30, 2026, approved by the Board of Directors in their meeting held on November 13, 2026. The disclosure is made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Overview

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹19.74 crore (₹1,974.34 lakhs), showing 9.1% growth from ₹18.10 crore in Q2 FY26
  • Other Income: ₹15.51 crore (₹1,550.86 lakhs), significantly higher than ₹4.15 crore in previous quarter
  • Total Expenses: ₹19.46 crore (₹1,945.74 lakhs), comprising manufacturing expenses ₹3.99 crore, employee benefits ₹3.02 crore, and finance costs ₹1.47 crore
  • Profit/(Loss) Before Tax: ₹0.52 crore profit (₹52.46 lakhs)
  • Tax Expense: ₹1.54 crore (₹154.25 lakhs), including current tax ₹0.13 crore and prior period tax adjustments ₹1.30 crore
  • Net Profit/(Loss): ₹(1.02) crore loss (₹(101.79) lakhs)
  • EPS: Basic and diluted EPS of ₹(0.35)

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹43.30 crore (₹4,329.68 lakhs), up 12.6% from ₹38.46 crore in H1 FY26
  • Other Income: ₹15.51 crore (₹1,550.86 lakhs)
  • Total Income: ₹58.81 crore (₹5,880.54 lakhs)
  • Profit Before Tax: ₹3.04 crore (₹304.14 lakhs), compared to ₹1.17 crore in H1 FY26
  • Tax Expense: ₹1.93 crore (₹192.87 lakhs)
  • Net Profit: ₹1.11 crore (₹111.27 lakhs)
  • EPS: Basic and diluted EPS of ₹0.38

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹226.70 crore (₹22,670.44 lakhs), down from ₹235.09 crore at March 31, 2026
  • Non-Current Assets: ₹131.38 crore, including property, plant & equipment ₹41.24 crore, investment property ₹53.95 crore, and investments ₹17.77 crore
  • Current Assets: ₹95.32 crore, including current investments ₹72.16 crore, trade receivables ₹8.46 crore, and cash & cash equivalents ₹0.78 crore
  • Equity: ₹217.16 crore, comprising share capital ₹29.00 crore and other equity ₹188.16 crore
  • Liabilities: ₹9.55 crore, with current liabilities ₹7.98 crore

Cash Flow Analysis (H1 FY27)

  • Net Cash from Operating Activities: ₹(4.54) crore outflow
  • Net Cash from Investing Activities: ₹4.13 crore inflow, primarily from interest income ₹5.16 crore and rental income ₹1.42 crore
  • Net Cash from Financing Activities: ₹(0.0003) crore outflow
  • Net decrease in cash: ₹0.42 crore
  • Closing Cash Balance: ₹0.78 crore

Segment Information

The company operates in two segments:

1. Manufacturing/Processing: H1 FY27 revenue ₹16.04 crore, segment result ₹3.34 crore

2. Trading of Garments: H1 FY27 revenue ₹27.25 crore, segment result ₹6.45 crore

Regulatory and Compliance Notes

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company adopted Ind-AS 115 (Revenue from Contracts) and Ind-AS 116 (Leases) with insignificant impact
  • Limited review conducted by Raghu Nath Rai & Co., Chartered Accountants
  • One investor complaint regarding non-receipt of securities received during Q1 FY26 has been resolved
  • Board meeting held on November 13, 2026 from 1:00 PM to 2:30 PM
  • Paid-up equity share capital remains unchanged at ₹29.00 crore (2.9 crore shares of ₹10 each)