Board Meeting Details

The board meeting was held on October 30, 2026, commencing at 12:50 PM and concluding at 1:30 PM.

Key Financial Figures - Standalone (Amounts in ₹ lakhs)

Income Statement Highlights for H1 FY27 (September 30, 2026):

  • Revenue from Operations: ₹21,330.89
  • Other Income: ₹194.33
  • Total Income: ₹21,525.22
  • Profit before tax: ₹2,688.22
  • Current Tax: ₹683.99
  • Deferred Tax (Asset): (₹3.24)
  • Net Profit for the period: ₹2,001.47

Comparative Performance:

  • H1 FY27 Net Profit: ₹2,001.47 vs H1 FY26: ₹1,181.85 (69.3% increase)
  • H1 FY27 Revenue: ₹21,330.89 vs H1 FY26: ₹12,303.06 (73.4% increase)
  • H2 FY26 Net Profit: ₹1,687.59
  • Full Year FY26 Net Profit: ₹2,869.44

Earnings Per Share:

  • H1 FY27: ₹8.62 (basic, not annualized)
  • H1 FY26: ₹6.86
  • H2 FY26: ₹8.35
  • Full Year FY26: ₹14.19

Share Capital:

  • Paid-up equity share capital: ₹2,321.40 lakhs
  • Face value per share: ₹10.00

Balance Sheet Position - Standalone (as of September 30, 2026)

  • Total Equity and Liabilities: ₹43,103.14
  • Shareholders' Funds: ₹15,722.45 (Share capital: ₹2,321.40 + Reserves: ₹13,401.05)
  • Non-current liabilities: ₹2,631.62
  • Current liabilities: ₹24,749.07
  • Total Assets: ₹43,103.14
  • Property, Plant and Equipment: ₹3,827.42
  • Current assets: ₹29,963.62
  • Cash and cash equivalents: ₹161.11

Cash Flow Statement - Standalone

  • Cash flow from operating activities: (₹1,230.93)
  • Cash flow from investing activities: (₹7,490.14)
  • Cash flow from financing activities: ₹8,825.26
  • Net change in cash: ₹104.19
  • Closing cash balance: ₹161.11

Consolidated Financial Results

Key Consolidated Figures for H1 FY27:

  • Revenue from Operations: ₹21,330.89
  • Other Income: ₹194.33
  • Total Income: ₹21,525.22
  • Profit before tax: ₹2,688.20
  • Net Profit for the period: ₹2,009.35 (including share of profit of associates: ₹7.30)

Subsidiary and Associate Information:

  • The company acquired Sugs Renewables Private Limited (wholly owned subsidiary) on August 21, 2026
  • Includes financial results of Vyna Electric Private Limited (associate)
  • Sugs Renewables reported nil revenue and net loss of ₹1,830 for H1 FY27
  • Vyna Electric reported revenue of ₹1,199.24 lakhs and net profit of ₹37.607 lakhs for H1 FY27

Auditor's Review

Ratan Chandak & Co. LLP conducted limited reviews of both standalone and consolidated financial results and issued unmodified review reports stating that nothing came to their attention causing them to believe the results contain material misstatements.

Historical Context

The company completed its initial public offering of 69,64,000 equity shares at ₹123 per share and got listed on BSE SME platform on September 5, 2025.