Key Quantitative Figures

Consolidated Financial Results (₹ in Lakhs):

  • Q2 FY27 Revenue from Operations: ₹7,279.79
  • Q2 FY27 Total Revenue: ₹7,437.84
  • Q2 FY27 Profit Before Tax: ₹4,840.83
  • Q2 FY27 Profit After Tax: ₹4,692.82
  • H1 FY27 Revenue from Operations: ₹13,680.94
  • H1 FY27 Total Revenue: ₹14,025.22
  • H1 FY27 Profit After Tax: ₹(367.96)
  • Basic EPS (Q2): ₹9.43 (not annualized)
  • Diluted EPS (Q2): ₹8.15 (not annualized)
  • Paid-up Equity Share Capital: ₹4,977.25 lakhs (Face Value ₹10 each)

Standalone Financial Results (₹ in Lakhs):

  • Q2 FY27 Revenue from Operations: ₹8.13
  • Q2 FY27 Total Revenue: ₹9.53
  • Q2 FY27 Loss After Tax: ₹(8.20)
  • H1 FY27 Revenue from Operations: ₹8.13
  • H1 FY27 Total Revenue: ₹11.24
  • H1 FY27 Loss After Tax: ₹(8.52)
  • Basic EPS (Q2): ₹(0.02) (not annualized)

Dates of Action

  • Board Meeting Date: 13th November, 2026
  • Meeting Time: 4:30 PM to 8:00 PM
  • Financial Period: Quarter and Half Year ended 30th September, 2026
  • Previous Intimation Date: 9th November, 2026

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: Laxmikant Kabra & Co LLP (FRN: 117183W/W100736)
  • Subsidiary: Tandhan Polyplast Limited
  • Company Secretary & Compliance Officer: Priti Priya Singh (Mem. No.: A54260)
  • Chairman & Managing Director: Ankit Jalan (DIN: 01835733)
  • Auditor Partner: CA Siddhant Kabra (M. No.: 193348)

Business Combination Details

The Company acquired control of Tandhan Polyplast Limited on 17th October 2025 through a share swap. The acquisition-date measurement was provisional and subsequently revised during the measurement period. The final acquisition-date measurement resulted in identifiable net assets exceeding consideration transferred by ₹1,366.56 lakh, leading to elimination of previously reported goodwill of ₹3,105.45 lakh and recognition of capital reserve of ₹1,366.56 lakh in equity under Ind AS 103.

Financial Impact

Consolidated Balance Sheet (as at 30 September 2026):

  • Total Assets: ₹30,197.34 lakh
  • Property, plant and equipment: ₹2,568.28 lakh
  • Inventories: ₹6,593.07 lakh
  • Trade receivables: ₹6,506.96 lakh
  • Total Equity: ₹15,294.19 lakh
  • Borrowings (current + non-current): ₹10,812.19 lakh

Standalone Balance Sheet (as at 30 September 2026):

  • Total Assets: ₹11,853.80 lakh
  • Investments: ₹11,676.63 lakh
  • Total Equity: ₹11,830.85 lakh

Cash Flow Statements:

  • Consolidated H1 Operating Cash Flow: ₹(526.59) lakh
  • Consolidated H1 Investing Cash Flow: ₹(1,690.84) lakh
  • Consolidated H1 Financing Cash Flow: ₹1,217.44 lakh
  • Standalone H1 Operating Cash Flow: ₹22.30 lakh

New Business Segment Disclosure

The Company changed its name from Sanmitra Commercial Limited to Tandhan Industries Limited on 16th February 2026 and entered the plastics manufacturing business through its subsidiary Tandhan Polyplast Limited. For the quarter ended 30 September 2026, the plastics business reported:

  • Standalone revenue: ₹8.13 lakh
  • Standalone profit before tax: ₹0.38 lakh

Auditor's Review

Statutory auditors issued unmodified review reports for both standalone and consolidated financial results. For the consolidated results, the auditors relied on the review report of the subsidiary company's auditors, which reflected total revenues of ₹13,672.82 lakh and net profit after tax of ₹1,010.40 lakh for the subsidiary.

Capital Structure Impact

No change in paid-up equity share capital during the period. The capital structure remains at ₹4,977.25 lakh.

Forward-looking Information

No explicit forward-looking guidance or management commentary provided in the disclosure.