Board Meeting Details
The Board Meeting was held on November 13, 2026, from 03:30 PM to 04:15 PM at 5/6 Papa Industrial Estate, Suren Road, Andheri (East), Mumbai 400093. The meeting was digitally signed by Amrut Premji Shah, Chairman & Managing Director (DIN: 00033120).
Financial Results Approval
The Board approved the Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by the statutory auditors.
Financial Performance Highlights
Quarterly Performance (Q2 FY2027 vs Q2 FY2026 vs Q1 FY2027)
- Total Income: ₹296.33 lakh (Q2 FY2027) vs ₹260.37 lakh (Q2 FY2026) vs ₹497.05 lakh (Q1 FY2027)
- Revenue from Operations: ₹291.99 lakh vs ₹260.34 lakh vs ₹495.98 lakh
- Other Income: ₹4.33 lakh vs ₹0.21 lakh vs ₹1.08 lakh
- Total Expenses: ₹299.27 lakh vs ₹252.43 lakh vs ₹494.98 lakh
- Profit/(Loss) from Operations before tax: (₹29.33) lakh vs ₹79.31 lakh vs ₹20.76 lakh
- Exceptional Items: (₹11.32) lakh vs (₹3.70) lakh vs (₹11.05) lakh (interest income as per Ind AS 116)
- Profit/(Loss) before tax: (₹18.01) lakh vs ₹83.01 lakh vs ₹31.81 lakh
- Net Profit/(Loss) for the period: (₹18.01) lakh vs ₹83.01 lakh vs ₹31.81 lakh
- EPS Basic & Diluted: (₹0.00) vs ₹0.02 vs ₹0.01
Half-Yearly Performance (H1 FY2027 vs H1 FY2026)
- Total Income: ₹793.39 lakh (H1 FY2027) vs ₹667.60 lakh (H1 FY2026)
- Revenue from Operations: ₹787.97 lakh vs ₹666.94 lakh
- Other Income: ₹5.41 lakh vs ₹0.65 lakh
- Total Expenses: ₹794.24 lakh vs ₹665.10 lakh
- Profit/(Loss) from Operations before tax: (₹8.57) lakh vs ₹24.92 lakh
- Exceptional Items: (₹22.37) lakh vs (₹13.71) lakh
- Profit/(Loss) before tax: ₹13.80 lakh vs ₹38.63 lakh
- Net Profit/(Loss) for the period: ₹13.80 lakh vs ₹38.63 lakh
- EPS Basic & Diluted: ₹0.00 vs ₹0.01
Balance Sheet Position (as at September 30, 2026 vs March 31, 2026)
- Total Assets: ₹11,333.53 lakh vs ₹11,573.05 lakh
- Non-current Assets: ₹5,242.92 lakh vs ₹5,238.12 lakh
- Property, Plant and Equipment: ₹4,791.41 lakh vs ₹5,013.55 lakh
- Other Intangible assets: ₹402.34 lakh vs ₹175.26 lakh
- Intangible Asset under Development: ₹0.00 vs ₹22.91 lakh
- Deposit: ₹49.17 lakh vs ₹26.40 lakh
- Current Assets: ₹6,090.61 lakh vs ₹6,334.93 lakh
- Inventories: ₹3,036.54 lakh vs ₹4,065.73 lakh
- Trade receivables: ₹2,003.64 lakh vs ₹1,346.65 lakh
- Cash and cash equivalents: ₹35.91 lakh vs ₹20.06 lakh
- Total Equity: ₹9,082.13 lakh vs ₹9,069.21 lakh
- Equity Share capital: ₹4,738.78 lakh (face value ₹1 each)
- Other Equity: ₹4,343.35 lakh vs ₹4,330.43 lakh
- Non-current Liabilities: ₹328.63 lakh vs ₹338.46 lakh
- Borrowings: ₹250.37 lakh vs ₹285.37 lakh
- Current Liabilities: ₹1,922.76 lakh vs ₹2,165.39 lakh
- Borrowings: ₹1,286.32 lakh vs ₹1,716.37 lakh
- Lease Liability: ₹114.98 lakh vs ₹112.43 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash from Operating Activities: ₹656.97 lakh
- Cash from Investing Activities: (₹100.95) lakh
- Cash from Financing Activities: (₹540.17) lakh
- Net Increase in Cash: ₹15.85 lakh
- Cash and Cash Equivalents at End: ₹35.91 lakh
Notes to Financial Results
1. Financial results reviewed by Audit Committee and approved by Board on November 13, 2026. Statutory auditors carried out limited review.
2. Prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.
3. Results available on BSE, NSE, and company website www.sundaramgroups.in.
4. Previous period figures regrouped for comparability.
5. Exceptional items consist of interest income as per Ind AS 116.
6. No subsidiaries or associate companies, hence consolidated results not applicable.
7. Company operates in single business segment of exercise note books & paper with no significant geographical segments.
Auditor's Limited Review Report
Ashok Shyam & Associates, Chartered Accountants (Firm Reg. No.: 011223N) issued limited review report confirming that nothing has come to their attention causing them to believe that the Statement contains any material misstatement. The review was conducted by Deepak Khanna (Partner, Membership No.: 083466) in accordance with SRE 2410.