Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Compliances under SEBI Listing Regulations (Regulation 30, 32, 33, 52, 54, 63) - Outcome of Board Meeting

Audit Opinion:

Clean, unmodified conclusion. The Limited Review Report by Walker Chandiok & Co LLP stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Auditor’s Comment:

Not Specified

Key Financial Highlights [Unit: ₹ Million]

Standalone Results:

Quarter ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹10,262 (Q2 FY26: ₹8,730 | +17.5% YoY)
  • Total Income: ₹10,500 (Q2 FY26: ₹8,979 | +16.9% YoY)
  • Net Profit: ₹1,189 (Q2 FY26: ₹1,339 | -11.2% YoY)
  • EPS: ₹26.34 (Q2 FY26: ₹30.40)

Half Year ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹19,678 (H1 FY26: ₹17,086 | +15.2% YoY)
  • Total Income: ₹20,127 (H1 FY26: ₹17,601 | +14.4% YoY)
  • Net Profit: ₹2,308 (H1 FY26: ₹2,637 | -12.5% YoY)
  • EPS: ₹51.77 (H1 FY26: ₹59.87)

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

  • Other Equity: ₹40,387 (March 31, 2026: ₹28,381)
  • Cash and Cash Equivalents: ₹881 (March 31, 2026: ₹131)
  • Total Debt (Borrowings): ₹10,902 (Non-current: ₹4,990; Current: ₹5,912) (March 31, 2026: ₹16,883)

Consolidated Results:

Quarter ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹16,482 (Q2 FY26: ₹10,165 | +62.2% YoY)
  • Total Income: ₹16,746 (Q2 FY26: ₹10,427 | +60.6% YoY)
  • Net Profit: ₹1,623 (Q2 FY26: ₹1,421 | +14.2% YoY)
  • EPS: ₹35.13 (Q2 FY26: ₹31.76)
  • Profit attributable to owners: ₹1,585

Half Year ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹31,226 (H1 FY26: ₹19,798 | +57.7% YoY)
  • Total Income: ₹31,738 (H1 FY26: ₹20,344 | +56.0% YoY)
  • Net Profit: ₹3,100 (H1 FY26: ₹2,770 | +11.9% YoY)
  • EPS: ₹67.94 (H1 FY26: ₹62.11)
  • Profit attributable to owners: ₹3,029

Consolidated Balance Sheet (as of September 30, 2026):

  • Other Equity: ₹41,322 (Attributable to owners: ₹41,786; Non-controlling interest: ₹1,243) (March 31, 2026: ₹28,570)
  • Cash and Cash Equivalents: ₹1,682 (March 31, 2026: ₹1,047)
  • Total Debt (Borrowings): ₹12,424 (Non-current: ₹5,743; Current: ₹6,681) (March 31, 2026: ₹18,667)

Segment-wise Performance:

The Group deals primarily in the automotive component segment. Segment-wise breakdown was not specified in the provided data.

Corporate Actions:

Dividend:

Not Specified

Capital Raising - Qualified Institutional Placement (QIP):

  • Completed on August 20, 2026.
  • Allotted 23,36,448 equity shares of face value ₹10 each at an issue price of ₹4,280 per share (including a premium of ₹4,270 per share).
  • Total amount raised: ₹10,000 million.
  • Objects of the issue: Repayment/prepayment of borrowings (₹7,370 million allocated, ₹4,857.91 utilized), General Corporate Purposes (₹2,500 million allocated and utilized), Issue expenses (₹130 million allocated, ₹123.25 utilized).
  • As of September 30, 2026, unutilized proceeds of ₹2,512 million were temporarily invested in approved financial instruments.

Other Significant Information:

Exceptional Item:

An exceptional item of ₹271 million (consolidated) / ₹237 million (standalone) was recognized in the previous year (FY26) related to an additional provision for the implementation of the four Labour Codes by the Government of India (effective November 21, 2025). This was considered material, regulatory-driven, and non-recurring.

Change in Accounting Policy:

Not Specified

Forward-looking Guidance:

Not Specified