Summary of Key Information:
Reporting Period (Quarter/Year): Q2 FY27 and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations
Audit Opinion:
Clean/Unmodified Opinion - Statutory auditors Mittal Goel & Associates issued an unmodified limited review report stating nothing has come to their attention that causes them to believe the financial results contain material misstatement.
Key Financial Highlights [₹ in Lakh]:
Standalone Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹34,051.90 (Q2 FY26: ₹29,239.92 | 16.5% YoY growth)
- Total Income: ₹34,477.79
- Net Profit: ₹4,233.22 (Q2 FY26: ₹3,732.49 | 13.4% YoY growth)
- EPS: ₹24.92 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹66,698.64 (H1 FY26: ₹57,538.36 | 15.9% YoY growth)
- Total Income: ₹67,244.72
- Net Profit: ₹9,048.23 (H1 FY26: ₹6,558.03 | 38.0% YoY growth)
- EPS: ₹53.29 (Basic and Diluted)
Financial Position as at September 30, 2026 (Standalone):
- Property, Plant & Equipment: ₹48,381.01
- Capital Work in Progress: ₹1,241.48
- Inventories: ₹26,082.44
- Trade Receivables: ₹26,609.04
- Cash and Cash Eququivalents: ₹552.34
- Other Bank Balance: ₹788.32
- Total Assets: ₹112,695.47
- Equity Share Capital: ₹847.40
- Other Equity: ₹88,864.17
- Borrowings: ₹4,427.42 (Current)
- Trade Payables: ₹14,882.96 (₹9,744.84 to other than MSME, ₹1,138.12 to MSME)
Consolidated Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹34,051.90
- Total Income: ₹34,478.98
- Net Profit: ₹4,234.54
- EPS: ₹24.93 (Basic and Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹66,698.64
- Total Income: ₹67,248.21
- Net Profit: ₹9,050.64
- EPS: ₹53.31 (Basic and Diluted)
Segment-wise Performance:
Segment reporting not required as per Ind AS 108.
Corporate Actions:
- Approved sub-division/split of each existing equity share of face value ₹5 into 5 equity shares of face value ₹1 each
- Split Ratio: 5:1 (One ₹5 share to become Five ₹1 shares)
- Rationale: To enhance liquidity and encourage participation of small investors
- Pre-split Authorized Capital: 19,408,000 shares of ₹5 each (₹97,040,000)
- Post-split Authorized Capital: 97,040,000 shares of ₹1 each (₹97,040,000)
- Pre-split Paid-up Capital: 16,948,060 shares of ₹5 each (₹84,740,300)
- Post-split Paid-up Capital: 84,740,300 shares of ₹1 each (₹84,740,300)
- Subject to approval of equity shareholders through postal ballot and regulatory approvals
- Record date to be determined after shareholder approval
- Approved alteration of Capital Clause (Clause V) of Memorandum of Association
- Approved draft postal ballot notice and calendar of events
Other Significant Information:
- Company commenced commercial production at new laminate manufacturing plant situated adjacent to existing plant at Manak Tabra, Panchkula, Haryana with effect from September 22, 2026
- Plant established pursuant to expansion of manufacturing capacity
- Consolidated financial results include financial results of wholly-owned subsidiary Stylam Panels Limited
- No discontinued operations during the period
- No exceptional items or extraordinary items reported