Key Financial Figures - Standalone
Quarter Ended 30 September 2026:
- Other Income: ₹484.84 lakh
- Total Income: ₹484.84 lakh
- Employee Benefits Expense: ₹0.62 lakh
- Finance Costs: ₹0.11 lakh
- Depreciation: ₹0.01 lakh
- Other Expenses: ₹5.42 lakh
- Total Expenses: ₹6.16 lakh
- Profit Before Tax: ₹478.68 lakh
- Current Tax: ₹65.99 lakh
- Net Profit: ₹412.69 lakh
- Basic EPS: ₹1.77
- Diluted EPS: ₹1.77
- Paid-up Equity Share Capital: ₹2,331.50 lakh (Face value ₹10 per share)
- Other Equity: ₹15,006.46 lakh
Six Months Ended 30 September 2026:
- Other Income: ₹486.36 lakh
- Total Expenses: ₹7.64 lakh
- Profit Before Tax: ₹478.72 lakh
- Current Tax: ₹66.00 lakh
- Net Profit: ₹412.72 lakh
- Basic EPS: ₹1.77
- Diluted EPS: ₹1.77
Key Financial Figures - Consolidated
Quarter Ended 30 September 2026:
- Revenue from Operations: ₹7,141.42 lakh
- Other Income: ₹1,005.70 lakh
- Total Income: ₹8,147.12 lakh
- Purchases of Stock-in-Trade: ₹5,547.48 lakh
- Employee Benefits Expense: ₹185.84 lakh
- Finance Costs: ₹54.07 lakh
- Depreciation: ₹7.87 lakh
- Other Expenses: ₹752.01 lakh
- Total Expenses: ₹6,474.79 lakh
- Profit Before Tax: ₹1,672.33 lakh
- Current Tax: ₹483.06 lakh
- Deferred Tax Credit: ₹(113.11) lakh
- Net Profit After Tax: ₹1,302.38 lakh
- Share of Profit of Associates: ₹14.69 lakh
- Total Comprehensive Income: ₹1,319.91 lakh
- Basic EPS: ₹5.66
- Diluted EPS: ₹5.66
Six Months Ended 30 September 2026:
- Revenue from Operations: ₹13,648.93 lakh
- Other Income: ₹1,309.96 lakh
- Total Income: ₹14,958.89 lakh
- Total Expenses: ₹11,936.66 lakh
- Profit Before Tax: ₹3,022.23 lakh
- Total Tax Expense: ₹709.33 lakh
- Net Profit After Tax: ₹2,312.90 lakh
- Share of Profit of Associates: ₹31.78 lakh
- Basic EPS: ₹10.06
- Diluted EPS: ₹10.06
Significant Transactions
During Q2 FY27, the Company completed the sale of its factory land, building and tube well, which were classified as assets held for sale as at 31 March 2026 with an aggregate carrying amount of ₹8.90 lakh. The gross sale consideration amounted to ₹540.00 lakh. After deducting directly attributable disposal expenses of ₹47.63 lakh and the carrying amount of ₹8.90 lakh, the Company recognised a net gain of ₹483.47 lakh on disposal, recognised under "Other Income". Of the total sale consideration, ₹140.00 lakh was received during H1 FY27, while ₹400.00 lakh received in earlier periods was adjusted against the sale consideration.
Subsidiary Information
The consolidated results include:
1. Tandhan Power Technologies Private Limited (wholly owned subsidiary, control acquired on 27 March 2026)
2. Tandhan Exim Private Limited (associate of Tandhan Power Technologies)
3. Tandhan Impex FZE (subsidiary of Tandhan Power Technologies)
The subsidiary company contributed total revenues of ₹13,648.93 lakh and net profit after tax of ₹1,900.18 lakh for H1 FY27.
Corporate Actions
At the Annual General Meeting held on 30 September 2026, shareholders approved a preferential issue of up to 18,90,410 convertible warrants to the promoter group at ₹153 per warrant, aggregating up to ₹2,892.33 lakh. On 16 October 2026, the Board approved opening a designated bank account for receipt of subscription monies. As of the results approval date, in-principle approval from BSE Limited is pending. No subscription monies have been received and no warrants have been allotted.
Name Change
The Company changed its name from Shah Foods Limited to Tandhan Energies Limited effective 28 September 2026, reflecting its new focus on energy solutions including batteries, inverters, UPS, solar and allied power backup and storage solutions.
Audit Information
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at meetings held on 14 November 2026. The statutory auditors, Keshri & Associates (ICAI Firm registration number: 310006E), carried out a limited review and issued an unmodified conclusion.