Board Meeting Details

The Board of Directors meeting was held on November 13, 2026, commencing at 04:30 PM and concluding at 05:30 PM.

Financial Results - Standalone (₹ in Lakhs)

Income Statement Highlights:

  • Revenue from Operations: ₹38,623.08
  • Other Income: ₹405.53
  • Total Income: ₹35,029.01
  • Total Expenses: ₹38,362.62
  • Profit before Exceptional Items and Tax: ₹666.19
  • Exceptional Items: ₹0 (Note: ₹88.57 lakhs impact from New Labour Codes recognized in previous year)
  • Profit before Tax: ₹666.15
  • Tax Expenses: ₹167.30
  • Net Profit for the period: ₹498.89
  • Other Comprehensive Income: ₹(11.97)
  • Total Comprehensive Income: ₹486.92

Key Metrics:

  • Earnings per Share (Basic): ₹4.33
  • Earnings per Share (Diluted): ₹4.33
  • Paid-up Equity Share Capital: ₹1,152.53 lakhs (Face Value ₹10 each)
  • Other Equity: ₹27,029.36 lakhs

Financial Results - Consolidated (₹ in Lakhs)

Income Statement Highlights:

  • Revenue from Operations: ₹38,623.48
  • Other Income: ₹405.53
  • Total Income: ₹35,029.01
  • Total Expenses: ₹38,362.62
  • Profit before Exceptional Items and Tax and Share of Profit of Associates: ₹666.19
  • Share of Profit of Associates: ₹1,336.56
  • Profit before Exceptional Items and Tax: ₹2,002.75
  • Exceptional Items: ₹0
  • Profit before Tax: ₹2,002.75
  • Tax Expenses: ₹167.30
  • Net Profit for the period: ₹1,835.55
  • Other Comprehensive Income: ₹(11.97)
  • Share of Other Comprehensive Income in Associate: ₹2.09
  • Total Comprehensive Income: ₹1,825.67

Key Metrics:

  • Earnings per Share (Basic): ₹15.93
  • Earnings per Share (Diluted): ₹15.93
  • Paid-up Equity Share Capital: ₹1,152.53 lakhs (Face Value ₹10 each)
  • Other Equity: ₹30,329.45 lakhs

Balance Sheet Position (Standalone as at 30-09-2026)

Assets (₹ in Lakhs):

  • Total Assets: ₹32,865.06
  • Non-Current Assets: ₹26,130.39
  • Property, Plant and Equipment: ₹4,201.18
  • Investments in Associates: ₹14,192.32
  • Investments: ₹6,640.09
  • Current Assets: ₹6,734.67
  • Inventories: ₹3,146.77
  • Cash and Cash Equivalents: ₹186.66

Liabilities & Equity (₹ in Lakhs):

  • Total Equity: ₹28,181.89
  • Equity Share Capital: ₹1,152.53
  • Other Equity: ₹27,029.36
  • Non-Current Liabilities: ₹1,737.24
  • Current Liabilities: ₹2,945.93

Cash Flow Statement (Standalone)

Cash Flow Movements (₹ in Lakhs):

  • Net Cash from Operating Activities: ₹(310.97)
  • Net Cash used in Investing Activities: ₹(888.39)
  • Net Cash from Financing Activities: ₹656.60
  • Net Decrease in Cash: ₹(542.76)
  • Cash at Beginning: ₹729.42
  • Cash at End: ₹186.66

Significant Notes

1. Segment Information: Company operates in single business segment - "Manufacturing/Trading of Iron & Steel Products"

2. Power and Fuel Expense: ₹5,144.39 lakhs for H1 FY27 (April 2026 - September 2026)

3. New Labour Codes Impact: ₹88.57 lakhs incremental liability on Gratuity Valuation recognized as exceptional item in FY26 due to implementation of new labour codes effective November 21, 2025

4. Associate Company: Consolidated results include Giridhan Metal Private Limited

5. Auditor Information: S K Agrawal & Co Chartered Accountants LLP conducted the review

6. Previous Period Figures: H1 FY26 figures represent balancing figures between audited full year and published half-year results

Additional Documents Submitted

  • Un-audited Standalone & Consolidated Financial Results
  • Limited Review Report by Statutory Auditors
  • Certificate under Regulation 33(2)(a)
  • Statement of Assets and Liabilities
  • Statement of Cash Flow