Financial Results Overview

Income Statement Performance (Amounts in Lakhs):

  • Revenue from operations: ₹2,076.71 (H1 FY27) vs ₹1,654.28 (H1 FY26) - 25.5% increase
  • Other income: ₹48.19 (H1 FY27) vs ₹62.86 (H1 FY26)
  • Total Income: ₹2,124.90 (H1 FY27) vs ₹1,717.13 (H1 FY26)

Expense Breakdown:

  • Cost of materials consumed: ₹1,144.64 (H1 FY27) vs ₹931.02 (H1 FY26)
  • Employee benefits expense: ₹94.90 (H1 FY27) vs ₹86.47 (H1 FY26)
  • Finance costs: ₹49.62 (H1 FY27) vs ₹43.96 (H1 FY26)
  • Depreciation and amortization: ₹45.70 (H1 FY27) vs ₹38.58 (H1 FY26)
  • Other expenses: ₹552.18 (H1 FY27) vs ₹461.73 (H1 FY26)

Profitability Metrics:

  • Profit before tax: ₹238.47 (H1 FY27) vs ₹179.69 (H1 FY26)
  • Total tax expense: ₹67.48 (H1 FY27) vs ₹47.75 (H1 FY26)
  • Profit for the period: ₹170.99 (H1 FY27) vs ₹131.93 (H1 FY26)
  • Earnings per share (basic and diluted): ₹2.09 (H1 FY27) vs ₹1.62 (H1 FY26)

Balance Sheet Position (as at 30th September, 2026)

Equity and Liabilities (Amounts in Lakhs):

  • Share capital: ₹816.40 (unchanged)
  • Reserves and surplus: ₹1,940.61 vs ₹1,587.25 (30.09.2025)
  • Long-term borrowings: ₹181.13 vs ₹63.41 (30.09.2025)
  • Short-term borrowings: ₹985.94 vs ₹669.55 (30.09.2025)
  • Trade payables: ₹486.80 vs ₹601.88 (30.09.2025)
  • Total Equity and Liabilities: ₹4,631.84 vs ₹4,056.41 (30.09.2025)

Assets (Amounts in Lakhs):

  • Property, Plant and Equipment: ₹1,409.00 vs ₹1,049.65 (30.09.2025)
  • Capital work-in-progress: ₹55.29 vs ₹15.97 (30.09.2025)
  • Inventories: ₹929.81 vs ₹832.39 (30.09.2025)
  • Trade receivables: ₹1,681.05 vs ₹1,315.52 (30.09.2025)
  • Cash and cash equivalents: ₹132.44 vs ₹245.29 (30.09.2025)
  • Total Assets: ₹4,631.84 vs ₹4,056.41 (30.09.2025)

Cash Flow Statement

Cash Flow Movements (Amounts in Lakhs):

  • Net cash from operating activities: ₹104.37 vs (₹871.65) (H1 FY26)
  • Net cash used in investing activities: (₹58.78) vs (₹120.39) (H1 FY26)
  • Net cash from financing activities: ₹73.71 vs ₹1,183.94 (H1 FY26)
  • Net increase in cash: ₹119.30 vs ₹191.90 (H1 FY26)
  • Cash at beginning: ₹13.14 vs ₹53.39 (H1 FY26)
  • Cash at end: ₹132.44 vs ₹245.29 (H1 FY26)

Regulatory and Compliance Information

The financial results were prepared in accordance with Accounting Standards notified under Section 133 of the Companies Act, 2013 and AS 25 'Interim Financial Reporting'. The company is exempt from mandatory application of Ind AS as it is listed on the SME Platform of BSE Limited.

The statutory auditors, O P Rathi & Co (Firm Regn. No. 108718W), conducted a limited review of the results in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and issued an unmodified review conclusion.

Key Personnel

  • Mukesh Khanna, Company Secretary & Compliance Officer (M. No. A2437)
  • CA Ruchi Rathi, Partner at O P Rathi & Co (Mem. No. 122137)
  • Varun Sharda, Managing Director (DIN: 01571483)