Suncare Traders Limited

Board Meeting Details

The Board of Directors of Suncare Traders Limited met on Tuesday, November 3, 2026, at the company's registered office in Ahmedabad. The meeting commenced at 03:30 PM and concluded at 04:00 PM. The major business transacted was the consideration and approval of the un-audited financial results for the quarter and half year ended September 30, 2026.

Financial Performance Summary (H1 FY2027)

For the six-month period ended September 30, 2026 (H1 FY27):

  • Total Income: ₹92.93 lakhs (Unaudited), a significant decrease from ₹373.40 lakhs in H1 FY26.
  • Total Expenses: ₹40.49 lakhs (Unaudited), down from ₹203.80 lakhs in H1 FY26.
  • Profit Before Tax (PBT): ₹52.44 lakhs (Unaudited), compared to a loss of ₹(16.01) lakhs in H1 FY26.
  • Net Profit After Tax (PAT): ₹52.44 lakhs (Unaudited), compared to a net loss of ₹(16.01) lakhs in H1 FY26.
  • Earnings Per Share (Basic & Diluted): ₹0.10, compared to ₹(0.03) in H1 FY26.

Quarterly Financial Performance (Q2 FY2027)

For the quarter ended September 30, 2026 (Q2 FY27):

  • Total Income: ₹41.52 lakhs (Unaudited), compared to ₹261.86 lakhs in Q2 FY25.
  • Total Expenses: ₹19.50 lakhs (Unaudited), compared to ₹185.65 lakhs in Q2 FY25.
  • Profit Before Tax (PBT): ₹22.02 lakhs (Unaudited), compared to a loss of ₹(109.40) lakhs in Q2 FY25.
  • Net Profit After Tax (PAT): ₹22.02 lakhs (Unaudited), compared to a net loss of ₹(111.90) lakhs in Q2 FY25.
  • Earnings Per Share (Basic & Diluted): ₹0.04, compared to ₹(0.22) in Q2 FY25.

Income Breakdown

The company reported zero Revenue From Operations for all periods presented. Total Income was comprised solely of Other Income:

  • Q2 FY27: ₹41.52 lakhs
  • Q1 FY27: ₹51.41 lakhs
  • Q2 FY25: ₹261.86 lakhs
  • H1 FY27: ₹92.93 lakhs
  • H1 FY25: ₹373.40 lakhs
  • Full Year FY26 (Audited): ₹251.74 lakhs

Expense Breakdown

Key expense categories for H1 FY27:

  • Employee Benefit Expense: ₹7.15 lakhs
  • Other Expenses: ₹33.34 lakhs (This is any item exceeding 10% of total expenses)
  • Finance Costs and Depreciation were nil for H1 FY27.

A prior period exceptional item of ₹(185.62) lakhs was recorded in Q2 FY25.

Capital Structure

The paid-up equity share capital (face value of ₹2 each) remained constant at ₹5,100.00 lakhs across all reported periods. Other Equity was reported at ₹(951.43) lakhs as of September 30, 2026, an improvement from ₹(1,003.87) lakhs as of March 31, 2026.

Statement of Assets and Liabilities (As of 30-Sep-2026)

Total Assets: ₹4,820.45 lakhs (Unaudited), slightly increased from ₹4,791.48 lakhs (Audited) as of 31-Mar-2026.

Non-Current Assets: ₹4,684.58 lakhs, primarily consisting of:

  • Investments: ₹387.08 lakhs (down from ₹533.26 lakhs)
  • Loans: ₹4,296.33 lakhs (up from ₹3,954.07 lakhs)
  • Property, Plant and Equipment: ₹0.79 lakhs (unchanged)

Current Assets: ₹135.87 lakhs, down from ₹302.99 lakhs, consisting of:

  • Inventories: ₹15.04 lakhs (unchanged)
  • Trade Receivables: ₹75.14 lakhs (down from ₹85.02 lakhs)
  • Cash and Cash Equivalents: ₹10.27 lakhs (down from ₹36.10 lakhs)
  • Other Financial Assets: ₹0.70 lakhs (down from ₹135.70 lakhs)
  • Other Current Assets: ₹34.72 lakhs (up from ₹31.13 lakhs)

Total Equity and Liabilities: ₹4,820.45 lakhs

Shareholders' Funds: ₹4,148.57 lakhs, comprising:

  • Equity Share Capital: ₹5,100.00 lakhs
  • Other Equity: ₹(951.43) lakhs

Non-Current Liabilities: ₹616.81 lakhs, comprising:

  • Borrowings: ₹589.89 lakhs (down from ₹599.89 lakhs)
  • Deferred Tax Liabilities: ₹26.92 lakhs (unchanged)

Current Liabilities: ₹55.08 lakhs, down from ₹68.55 lakhs, comprising:

  • Trade Payables: ₹0.53 lakhs (down from ₹1.96 lakhs)
  • Other Financial Liabilities: ₹50.00 lakhs (unchanged)
  • Other Current Liabilities: ₹4.11 lakhs (down from ₹16.14 lakhs)
  • Provisions: ₹0.45 lakhs (unchanged)

Cash Flow Statement (H1 FY27)

Cash Flow from Operating Activities: Net cash inflow of ₹180.25 lakhs, driven by a profit before tax of ₹52.44 lakhs and a significant decrease in other current assets (₹131.41 lakhs).

Cash Flow from Investing Activities: Net cash outflow of ₹196.08 lakhs, primarily due to an increase in long-term loans and advances (₹342.26 lakhs) and investments in a partnership firm (₹146.18 lakhs).

Cash Flow from Financing Activities: Net cash outflow of ₹10.00 lakhs from the repayment of long-term borrowings.

Net Change in Cash: A net decrease in cash and cash equivalents of ₹25.83 lakhs, resulting in a closing balance of ₹10.27 lakhs compared to an opening balance of ₹36.10 lakhs.

Notes and Compliance

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 3, 2026.

2. The Statutory Auditors, M/s. Goenka Mehta & Associates (FRN: 129445W), have carried out a limited review of the financial results.

3. The company operates in only one segment.

4. Previous period figures have been re-grouped/re-arranged/recast wherever necessary.

5. This statement is prepared as per Regulation 33 of the SEBI (LODR) Regulations, 2015.

Auditor's Review Conclusion

The statutory auditors, represented by partner CA Gaurav Mehta (M.No. 130401), issued a limited review report dated November 3, 2026. Based on their review, nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results is not prepared in accordance with Ind AS 34 and applicable regulations, or that it contains any material misstatement.