Board Meeting Outcome

The Board of Directors of Swati Projects Limited held a meeting on November 11, 2026, which commenced at 4:30 PM and concluded at 5:00 PM. The meeting was conducted pursuant to Regulation 30 and 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Approved Items

The Board approved and took on record the following:

1. Unaudited financial results (both standalone and consolidated) for the quarter and half year ended September 30, 2026, along with Auditor's Limited Review Report

2. Statement of Deviation pursuant to Regulation 32(1) for the quarter and half year ended September 30, 2026

3. Declaration of Non-applicability of Regulations 52(4), 52(5) & 52(7) of SEBI (LODR) Regulations, 2015

IPO Proceeds Confirmation

The company confirmed that there has been no deviation or variation in the use of public issue proceeds raised from the Initial Public Offer (IPO). The IPO proceeds have been utilized for the purposes as stated in the prospectus.

Debenture Status

The company has not issued any debentures, making Regulations 52(4), 52(5) & 52(7) of SEBI (LODR) Regulations, 2015 not applicable.

Standalone Financial Results (Q2 FY27)

Income Statement Highlights (₹ in lakh)

  • Income from Operations: ₹585.51
  • Total Expenses: Not fully quantified in disclosure
  • Profit from Ordinary activities before tax: ₹55.70
  • Tax Expenses: Not quantified
  • Net Profit after tax: ₹55.70

Key Metrics

  • Paid-up equity share capital: 101 lakh shares (Face Value ₹10/- per share)
  • EPS (before extraordinary items, not annualised):
  • Basic: ₹0.55
  • Diluted: ₹0.55

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹1,365.29 lakh
  • Financial Assets: ₹1,313.06 lakh (including Cash & cash equivalents: ₹1401 lakh, Loans: ₹18197 lakh, Investments: ₹1,029.49 lakh)
  • Total Liabilities: ₹23.91 lakh
  • Equity: ₹1,340.13 lakh

Consolidated Financial Results (Q2 FY27)

Income Statement Highlights (₹ in lakh)

  • Total Income from Operations: ₹551.12
  • Total Expenses: ₹160.80
  • Profit from Ordinary activities before tax: ₹390.32
  • Tax Expenses: ₹82.55
  • Net Profit after tax: ₹307.77
  • Income attributable to Owners of the company: ₹243.78
  • Non-controlling Interest: ₹63.99

Key Metrics

  • Paid-up equity share capital: 101 lakh shares
  • EPS (before extraordinary items, not annualised):
  • Basic: ₹3.05
  • Diluted: ₹3.05

Consolidated Balance Sheet (as of September 30, 2026)

  • Total Assets: ₹2,681.68 lakh
  • Financial Assets: ₹2,539.88 lakh
  • Total Liabilities: ₹244.94 lakh
  • Equity: ₹2,350.52 lakh

Auditor Review

Himanshu Mohta & Associates conducted limited review of both standalone and consolidated financial results. For standalone results, the auditor concluded that nothing came to their attention that causes them to believe the statement contains material misstatement.

For consolidated results, the review included subsidiary companies Radhashree Roadsters Private Limited (wholly owned subsidiary) and Radhashree Apartments Private Limited. The financial results of subsidiaries for quarter ended June 30, 2026 were not reviewed by the auditor.

Cash Flow Statements

Both standalone and consolidated cash flow statements were provided but contained incomplete data with many line items not quantified in the disclosure.