Financial Performance (Quarter Ended 30th September 2026)

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹219.00
  • Other Income: ₹326.74
  • Total Income: ₹545.74
  • Purchases of Stock-in-trade: ₹372.32
  • Changes in inventories of stock-in-trade: (₹206.06)
  • Employee Benefits expenses: ₹98.62
  • Finance Costs: ₹10.39
  • Depreciation & Amortisation Exp.: ₹45.03
  • Other Expenses: ₹92.57
  • Total Expenses: ₹412.86
  • Profit before exceptional items and tax: ₹132.88
  • Total Tax expense: ₹41.73 (Current tax: ₹51.43; Deferred tax: (₹9.70))
  • Net Profit for the period: ₹91.16
  • Other comprehensive income: (₹223.71)
  • Total comprehensive income for the period: (₹132.55)

Earnings Per Share (Face Value ₹10/- each):

  • Basic EPS: ₹4.65*
  • Diluted EPS: ₹4.65*

*not Annualized

Financial Performance (Six Months Ended 30th September 2026)

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹219.00
  • Other Income: ₹767.86
  • Total Income: ₹986.86
  • Purchases of Stock-in-trade: ₹372.32
  • Changes in inventories of stock-in-trade: (₹206.06)
  • Employee Benefits expenses: ₹192.38
  • Finance Costs: ₹17.03
  • Depreciation & Amortisation Exp.: ₹85.59
  • Other Expenses: ₹175.60
  • Total Expenses: ₹636.86
  • Profit before exceptional items and tax: ₹350.00
  • Total Tax expense: ₹92.70 (Current tax: ₹98.44; Deferred tax: (₹5.74))
  • Net Profit for the period: ₹257.30
  • Other comprehensive income: (₹190.22)
  • Total comprehensive income for the period: ₹67.08

Earnings Per Share (Face Value ₹10/- each):

  • Basic EPS: ₹13.13*
  • Diluted EPS: ₹13.13*

*not Annualized

Comparative Figures

Quarter Ended 30th June 2026 (₹ in Lakhs):

  • Other Income: ₹441.12
  • Total Income: ₹441.12
  • Employee Benefits expenses: ₹93.77
  • Finance Costs: ₹6.65
  • Depreciation & Amortisation Exp.: ₹40.56
  • Other Expenses: ₹83.04
  • Total Expenses: ₹224.01
  • Profit before tax: ₹217.11
  • Total Tax expense: ₹50.97 (Current tax: ₹47.01; Deferred tax: ₹3.96)
  • Net Profit for the period: ₹166.14
  • EPS: ₹8.48*

Quarter Ended 30th September 2025 (₹ in Lakhs):

  • Other Income: ₹1.19
  • Total Income: ₹1.19
  • Employee Benefits expenses: ₹5.24
  • Other Expenses: ₹0.74
  • Total Expenses: ₹5.98
  • Profit/(Loss) before tax: (₹4.78)
  • Total Tax expense: (₹1.22) (Deferred tax: (₹1.22))
  • Net Loss for the period: (₹3.56)
  • EPS: (₹0.18)*

Year Ended 31st March 2026 (Audited) (₹ in Lakhs):

  • Revenue from Operations: ₹1,186.27
  • Other Income: ₹96.69
  • Total Income: ₹1,282.96
  • Purchases of Stock-in-trade: ₹1,163.01
  • Employee Benefits expenses: ₹35.68
  • Finance Costs: ₹33.30
  • Depreciation & Amortisation Exp.: ₹14.39
  • Other Expenses: ₹1,031.74
  • Total Expenses: ₹2,278.12
  • Profit/(Loss) before exceptional items and tax: (₹995.16)
  • Exceptional items - Profit on disposal of subsidiary: ₹30,714.64
  • Profit before tax: ₹29,719.48
  • Total Tax expense: ₹4,259.53 (Current tax: ₹4,257.26; Deferred tax: ₹2.27)
  • Net Profit for the year: ₹25,459.95
  • EPS: ₹1,298.98

Capital Structure

  • Paid-up Equity Capital (Face Value ₹10/- per share): ₹196.00 lakhs (consistent across all periods presented)
  • Other Equity as at 30th September 2026: ₹25,758.86 lakhs
  • Other Equity as at 31st March 2026: ₹25,691.76 lakhs

Significant Event: Disposal of Subsidiary

The company disposed of its entire shareholding of 54.9% of the paid-up equity share capital of its subsidiary Rashtriya Metal Industries Limited (RMIL) for a consideration of ₹31,016.84 lakhs. This transaction was classified as an exceptional item in the annual financials for the year ended 31st March 2026, contributing ₹30,714.64 lakhs to profit.

Segment Information

The company is engaged solely in trading activity, and all activities revolve around this business. There are no other reportable segments as defined by Indian Accounting Standard 108.

Balance Sheet Highlights (₹ in Lakhs)

As at 30.09.2026 (Unaudited) vs 31.03.2026 (Audited):

  • Total Assets: ₹26,541.90 (₹26,190.58 as at 31.03.2026)
  • Non-current assets: ₹24,218.47 (₹1,718.39) - Significant increase due to investments and other financial assets
  • Investments: ₹13,916.06 (₹1,309.31)
  • Other financial assets: ₹9,478.07 (NIL)
  • Current assets: ₹2,323.44 (₹24,472.20) - Significant decrease due to reduction in cash
  • Cash and cash equivalents: ₹143.26 (₹24,383.62)
  • Loans: ₹1,650.00 (NIL)
  • Inventories: ₹206.06 (NIL)
  • Total Equity: ₹25,954.86 (₹25,887.76)
  • Non-current liabilities: ₹371.06 (₹133.35)
  • Current liabilities: ₹215.99 (₹169.47)

Cash Flow Statement (Six Months Ended 30th September 2026)

Net Cash Flow (₹ in Lakhs):

  • Net Cash from Operating Activities: (₹2,464.48)
  • Net Cash from Investing Activities: (₹21,924.13)
  • Net Cash from Financing Activities: ₹148.25
  • Net Decrease in Cash and Cash Equivalents: (₹24,240.36)
  • Cash and Cash Equivalents Opening Balance: ₹24,383.62
  • Cash and Cash Equivalents Closing Balance: ₹143.26

Major Investing Activities:

  • Purchases/Sale of Investments (net): (₹12,877.94)
  • Purchase of Property, Plant and Equipment: (₹233.97)
  • Investment in Bank Deposits (original maturity >12 months): (₹9,458.74)
  • Interest Received: ₹646.56
  • Dividend Received: ₹24.96

Auditor's Review

The limited review of the unaudited financial results was conducted by Sigma C & Co, Chartered Accountants (Firm Reg No. 116351W). Their review concluded that nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The review was performed in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.

Notes

1. Figures for previous periods have been regrouped wherever necessary to facilitate comparison.

2. The financial results are prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting).