Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30, 33, 52
Audit Opinion:
Unmodified opinion (clean) - free from any qualifications
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Quarter ended 30.09.2026:
- Revenue from Operations: ₹34,315.75
- Total Income: ₹34,335.13
- Net Profit: ₹1,762.34
- EPS: ₹0.14 (Basic and Diluted)
Quarter ended 30.06.2026:
- Revenue from Operations: ₹26,971.39
- Total Income: ₹27,070.92
- Net Profit: ₹1,502.56
- EPS: ₹0.12 (Basic and Diluted)
Quarter ended 30.09.2025:
- Revenue from Operations: ₹23,176.30
- Total Income: ₹23,291.16
- Net Profit: ₹211.28
- EPS: ₹0.02 (Basic and Diluted)
Half Year ended 30.09.2026:
- Revenue from Operations: ₹61,287.14
- Total Income: ₹61,406.06
- Net Profit: ₹3,264.91
- EPS: ₹0.25 (Basic and Diluted)
Half Year ended 30.09.2025:
- Revenue from Operations: ₹53,176.19
- Total Income: ₹53,786.35
- Net Profit: ₹1,234.16
- EPS: ₹0.10 (Basic and Diluted)
Year ended 31.03.2026 (Audited):
- Revenue from Operations: ₹1,05,943.99
- Total Income: ₹1,06,641.84
- Net Profit: ₹2,699.10
- EPS: ₹0.22 (Basic and Diluted)
Financial Position (Standalone as at 30.09.2026):
- Paid-up Equity Share Capital: ₹12,755.18 lakhs
- Other Equity: ₹84,378.24 lakhs
- Securities Premium Reserve: ₹42,196.78 lakhs
- Cash and Cash Equivalents: ₹12.63 lakhs
- Total Borrowings: ₹40,254.20 lakhs (Non-current: ₹20,633.90 lakhs, Current: ₹19,620.30 lakhs)
Segment-wise Performance [₹ in Lakhs]:
Revenue by Business Segment (Q2 FY27):
- Steel: ₹33,868.02
- Power: ₹2,889.23
- Logistics: ₹157.57
- Inter-segment revenue: ₹2,599.07
Segment Results (Profit/Loss) before finance cost, exceptional items and tax (Q2 FY27):
- Steel: ₹3,056.16
- Power: (₹34.40)
- Logistics: ₹152.02
Corporate Actions:
- Conversion of 8,04,23,279 warrants into equity shares of face value ₹1 each
- Allotment to non-promoter warrant holders: India Coke and Power Private Limited (6,63,13,932 shares) and IMR Steel Private Limited (1,41,09,347 shares)
- Issue price: ₹9.45 per equity share (including premium of ₹8.45 per share)
- Post-allotment, issued, subscribed and paid-up share capital increased from ₹127,55,18,412 to ₹135,59,41,691
- Equity shares rank pari passu with existing shares
Other Significant Information:
- Debt Equity Ratio: 0.27 times (30.09.2026)
- Current Ratio: 2.57 times (30.09.2026)
- Operating EBITDA Margin: 10% (Q2 FY27), 11% (H1 FY27)
- Net Profit Margin: 5% (Q2 FY27), 5% (H1 FY27)
- Asset Coverage Ratio: 3.49 times (30.09.2026)
Enclosures:
- Standalone and Consolidated Un-Audited financial results with Limited review reports
- Details as per Regulation 52(4) and 54(2) of SEBI LODR
- Certificate of Security Cover for non-convertible debt securities
- Certificate of Deviation/Variation in Utilization of Funds Raised