Key Quantitative Figures

Standalone Financial Results (₹ in Lakhs):

Quarter Ended 30th Sep 2026:

  • Revenue from operations: 504.90
  • Other income: 7.29
  • Total income: 512.19
  • Total expenses: 397.14
  • Profit before tax: 115.05
  • Net profit: 115.05
  • Basic EPS: ₹0.83
  • Diluted EPS: ₹0.83

Quarter Ended 30th Sep 2025 (Comparative):

  • Revenue from operations: 271.77
  • Other income: 7.10
  • Total income: 278.87
  • Total expenses: 249.97
  • Profit before tax: 28.90
  • Net profit: 28.90
  • Basic EPS: ₹0.21
  • Diluted EPS: ₹0.21

Half Year Ended 30th Sep 2026:

  • Revenue from operations: 1,013.64
  • Other income: 14.33
  • Total income: 1,027.97
  • Total expenses: 846.08
  • Profit before tax: 181.90
  • Net profit: 181.90
  • Basic EPS: ₹1.31
  • Diluted EPS: ₹1.31

Consolidated Financial Results (₹ in Lakhs):

Quarter Ended 30th Sep 2026:

  • Revenue from operations: 1,456.64
  • Other income: 17.84
  • Total income: 1,474.48
  • Total expenses: 1,281.37
  • Profit before tax: 193.11
  • Net profit: 193.11
  • Basic EPS: ₹1.12
  • Diluted EPS: ₹1.12
  • Profit attributable to owners: 154.86
  • Profit attributable to non-controlling interests: 38.25

Half Year Ended 30th Sep 2026:

  • Revenue from operations: 3,419.68
  • Other income: 34.90
  • Total income: 3,454.58
  • Total expenses: 3,147.89
  • Profit before tax: 306.68
  • Net profit: 306.68
  • Basic EPS: ₹1.77
  • Diluted EPS: ₹1.77
  • Profit attributable to owners: 245.54
  • Profit attributable to non-controlling interests: 61.14

Capital Structure:

  • Paid-up equity share capital: ₹138.50 lakhs (Face value ₹10 per share)
  • Standalone other equity: ₹5,740.30 lakhs
  • Consolidated other equity: ₹5,561.60 lakhs
  • Non-controlling interest: ₹425.71 lakhs

Dates of Action

  • Board meeting date: 06th November, 2026
  • Meeting duration: 01:00 PM to 03:10 PM
  • Period covered: Quarter and half year ended 30th September 2026
  • Audit committee meeting: 06th September, 2026

Parties Involved

  • Subsidiary: Babri Polypet Private Limited
  • Statutory Auditors: S. Jain & Co. (FRN 009593N)
  • Audit Partner: FCA Ankit Jain (M. No.: 523717)
  • Company Secretary: Khushi Pandey (M. No.: A81085)
  • Managing Director: Kamal Agarwal (DIN: 02644047)
  • Stock Exchange: BSE Limited

Audit Opinion

The statutory auditors, S. Jain & Co., issued an unqualified limited review report on both standalone and consolidated financial results. The report contained no qualifications or adverse remarks.

Emphasis of Matter

The auditors emphasized that the valuation of the company's investments has been done using audited financial statements as of 31st March 2025, as these are the latest available audited financial statements for those companies. Thus, fair value for the half year ended September 2026 is not considered for these investments.

Financial Position Highlights

Standalone Balance Sheet (as of 30th Sep 2026):

  • Total assets: ₹7,464.49 lakhs
  • Non-current assets: ₹6,339.37 lakhs (including investments of ₹6,052.60 lakhs)
  • Current assets: ₹1,125.11 lakhs
  • Total equity: ₹7,125.30 lakhs
  • Current liabilities: ₹317.17 lakhs

Consolidated Balance Sheet (as of 30th Sep 2026):

  • Total assets: ₹9,165.86 lakhs
  • Non-current assets: ₹6,764.60 lakhs
  • Current assets: ₹2,401.26 lakhs
  • Total equity: ₹7,372.30 lakhs
  • Current liabilities: ₹1,296.54 lakhs
  • Non-current liabilities: ₹497.02 lakhs (including borrowings of ₹475.00 lakhs)

Cash Flow Information

Standalone Cash Flows (H1 FY2027):

  • Cash from operating activities: ₹114.30 lakhs
  • Cash used in investing activities: ₹(95.91) lakhs
  • Cash used in financing activities: ₹(23.32) lakhs
  • Net decrease in cash: ₹(4.93) lakhs

Consolidated Cash Flows (H1 FY2027):

  • Cash from operating activities: ₹242.25 lakhs
  • Cash used in investing activities: ₹(95.80) lakhs
  • Cash used in financing activities: ₹(148.09) lakhs
  • Net decrease in cash: ₹(1.65) lakhs

Notes to Financial Results

1. The results were reviewed by the Audit Committee on 06th September 2026 and approved by the Board of Directors

2. Prepared in accordance with recognition and measurement principles under Section 133 of Companies Act, 2013

3. Investments in unquoted shares valued using March 2025 audited financials as latest available

4. Quarterly figures are balancing figures between half-year results and previously published quarterly results

5. Previous period figures have been restated/regrouped for comparability

6. Minority interest calculated on profit earned by subsidiary company only