Board Approval Details

The Board of Directors approved the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026 at its meeting held on November 14, 2026. The meeting commenced at 03:45 p.m. (IST) and concluded at 04:05 p.m. (IST).

Auditor Review

The financial results were subjected to limited review by the statutory auditors of the Company, M/s. Rishi Kapoor & Company, who issued review reports for both standalone and consolidated results.

Key Financial Performance - Standalone (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹100.27 crore
  • Other income: ₹0.96 crore
  • Total income: ₹101.23 crore
  • Profit before tax: ₹15.24 crore
  • Tax expense: ₹4.24 crore
  • Profit for the period: ₹11.00 crore
  • Basic and diluted EPS: ₹3.38
  • Weighted average shares: 3,25,94,315

Key Financial Performance - Standalone (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹192.98 crore
  • Other income: ₹1.50 crore
  • Total income: ₹194.48 crore
  • Profit before tax: ₹29.71 crore
  • Tax expense: ₹8.02 crore
  • Profit for the period: ₹21.70 crore
  • Basic and diluted EPS: ₹6.66

Key Financial Performance - Consolidated (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹100.27 crore
  • Other income: ₹0.85 crore
  • Total income: ₹101.12 crore
  • Share of profit from associates: ₹0.11 crore
  • Profit before tax: ₹15.24 crore
  • Tax expense: ₹4.24 crore
  • Profit for the period: ₹11.00 crore
  • Basic and diluted EPS: ₹3.38

Key Financial Performance - Consolidated (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹192.98 crore
  • Other income: ₹1.35 crore
  • Total income: ₹194.33 crore
  • Share of profit from associates: ₹0.15 crore
  • Profit before tax: ₹29.71 crore
  • Tax expense: ₹8.02 crore
  • Profit for the period: ₹21.70 crore
  • Basic and diluted EPS: ₹6.66

Comparative Performance

Compared to corresponding period last year (September 30, 2025):

  • Quarterly revenue increased from ₹60.31 crore to ₹100.27 crore (66% growth)
  • Half-yearly revenue increased from ₹150.98 crore to ₹192.98 crore (28% growth)
  • Quarterly profit increased from ₹6.21 crore to ₹11.00 crore (77% growth)
  • Half-yearly profit increased from ₹15.55 crore to ₹21.70 crore (40% growth)

Balance Sheet Highlights (Standalone as at September 30, 2026)

  • Total assets: ₹532.73 crore
  • Equity share capital: ₹39.61 crore
  • Other equity: ₹338.32 crore
  • Total equity: ₹377.93 crore
  • Non-current borrowings: ₹43.55 crore
  • Current borrowings: ₹43.04 crore
  • Cash and cash equivalents: ₹31.37 crore
  • Bank balances other than cash: ₹81.13 crore

IPO Details

The Company made its Initial Public Offering ("IPO") of 1,18,81,000 equity shares of face value of ₹10 each at an issue price of ₹212 per equity share, including a securities premium of ₹202 per equity share, aggregating to ₹201.51 crore on August 14, 2026.

IPO Proceeds Utilization

| Particulars | Original Allocation (₹ Cr.) | Funds Utilized (₹ Cr.) | Unutilized Funds (₹ Cr.) |

| Working Capital Requirement | 150.00 | 139.98 | 10.02 |

| General Corporate Purpose | 41.26 | 0.55 | 40.71 |

| Share Issue Expenses * | 10.25 | 10.25 | 0.00 |

| Sub Total | 201.51 | 150.78 | 50.73 |

| Interest Income on FDR | 0.02 | - | 0.02 |

| Total | 201.52 | 150.78 | 50.74 |

*Share issue expenses of ₹10.25 crore includes GST of ₹1.56 crore.

Note a: IPO Proceeds of ₹50 crore remaining unutilised as on September 30, 2026 have been temporarily invested in Fixed Deposits with scheduled commercial banks.

Note b: Held in monitoring account ₹0.75 crore.

Business Segments

The Company's core operations span several critical infrastructure sectors:

  • Wastewater Treatment/Supply Schemes
  • Operation and Maintenance
  • Water Supply Scheme Projects (WSSPs)
  • Road and Highway Construction

Information is reported to and evaluated regularly by the Chief Operating Decision Maker (CODM), i.e., Managing Director, who focuses on the business as a whole for resource allocation and performance assessment.

Associate Company Details

The consolidated results include 26% interest in TESPL-LRS-TCPL JV (Partnership Firm), whose interim financial results reflect:

  • Total revenue: ₹2625.96 lakhs for H1 and ₹1917.54 lakhs for Q2
  • Share of total net profit/(loss) after tax: ₹39.86 lakhs for H1 and ₹29.24 lakhs for Q2
  • Total assets: ₹902.94 lakhs as of September 30, 2026
  • Net decrease in cash & cash equivalents: ₹(1097.63) lakhs

These interim financial results were reviewed by other auditors, not Rishi Kapoor & Company.

Availability of Information

The financial results are available on the company's website (https://www.technocraftventures.com/) and on stock exchange websites.

#Tags: #TechnocraftVentures #Q2Results #FY27 #IPO #SEBIDisclosure #FinancialResults #Positive