Swadeshi Polytex Limited's Board of Directors meeting was held on November 6, 2026, from 12:30 PM to 1:40 PM, where they approved the unaudited financial results for the quarter ended September 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance - Quarter Ended September 30, 2026

Income Statement:

  • Total Income: ₹182.51 lakh, comprising:
  • Revenue from operations: ₹0.00 (nil)
  • Interest on deposit: ₹110.42 lakh
  • Gain on changes in fair value of mutual funds: ₹72.06 lakh
  • Other income: ₹0.03 lakh
  • Total Expenses: ₹73.67 lakh, including:
  • Legal & professional expenses: ₹46.19 lakh
  • Other expenses: ₹24.35 lakh
  • Depreciation & amortization: ₹2.66 lakh
  • Finance cost (interest on lease liability): ₹0.47 lakh
  • Profit before tax: ₹108.84 lakh
  • Tax expense: ₹19.65 lakh (Current tax: ₹9.40 lakh, Deferred tax: ₹10.25 lakh)
  • Net profit after tax: ₹89.19 lakh
  • Earnings per share (basic & diluted): ₹0.23 (not annualized)

Half-Year Performance (April 1, 2026 - September 30, 2026)

  • Total Income: ₹355.34 lakh
  • Total Expenses: ₹133.45 lakh
  • Profit before tax: ₹221.89 lakh
  • Tax expense: ₹41.18 lakh
  • Net profit after tax: ₹180.71 lakh
  • Earnings per share: ₹0.46 (not annualized)

Comparative Performance

Quarterly Comparison (YoY):

  • Total income decreased from ₹246.28 lakh (Q2 FY26) to ₹182.51 lakh (Q2 FY27)
  • Net profit decreased from ₹129.66 lakh (Q2 FY26) to ₹89.19 lakh (Q2 FY27)
  • EPS decreased from ₹0.33 (Q2 FY26) to ₹0.23 (Q2 FY27)

Half-Year Comparison (YoY):

  • Total income decreased from ₹424.76 lakh (H1 FY26) to ₹355.34 lakh (H1 FY27)
  • Net profit decreased from ₹214.97 lakh (H1 FY26) to ₹180.71 lakh (H1 FY27)
  • EPS decreased from ₹0.55 (H1 FY26) to ₹0.46 (H1 FY27)

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹12,040.09 lakh
  • Non-current assets: ₹121.55 lakh (including Property, Plant and Equipment: ₹3.93 lakh, Right of use assets: ₹21.25 lakh)
  • Current assets: ₹11,918.54 lakh (including Investments: ₹4,484.43 lakh, Bank balances: ₹6,834.61 lakh, Cash and cash equivalents: ₹5.90 lakh, Inventories: ₹540.80 lakh)
  • Equity: ₹11,700.52 lakh (Equity share capital: ₹390.00 lakh, Other equity: ₹11,310.52 lakh)
  • Liabilities: ₹339.57 lakh (Non-current: ₹291.96 lakh, Current: ₹47.61 lakh)

Cash Flow Statement (Half-Year Ended September 30, 2026)

  • Net cash from operating activities: (₹159.14) lakh
  • Net cash from investing activities: ₹162.50 lakh
  • Net cash from financing activities: (₹3.60) lakh
  • Net decrease in cash and cash equivalents: (₹0.26) lakh
  • Cash and cash equivalents at end: ₹5.90 lakh

Additional Information

  • The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company operates in a single reportable business segment: "Real Estate"
  • The statutory auditors, Sanmarks & Associates, conducted a limited review and issued an unqualified report
  • Figures for previous periods have been regrouped/reclassified/restated for comparability
  • Paid-up equity share capital remained unchanged at ₹390.00 lakh (face value ₹1 per share)