Board Meeting Details
The Board meeting was conducted through VC/Other Audio Visual Means on 31st October 2026, commencing at 2:30 PM and concluding at 2:55 PM.
Board Approvals
The Board approved three matters:
1. Unaudited Financials along with limited review report for half year ended 30th September 2026
2. Enhancement of the daily transaction limit for the Company's bank account
3. Measures to expedite the process of adding beneficiaries for payments through internet Banking
Financial Results Submission
Financial Performance Highlights (Half Year Ended 30th September 2026)
- Revenue from operations: ₹10,355.07 lakhs (₹103.55 crore)
- Other income: ₹1.23 lakhs
- Total Revenue: ₹10,356.30 lakhs (₹103.56 crore)
- Profit before tax: ₹1,597.50 lakhs (₹15.98 crore)
- Current tax expense: ₹402.72 lakhs (₹4.03 crore)
- Net profit for period: ₹1,194.78 lakhs (₹11.95 crore)
- Basic EPS: ₹8.56 (non-annualized)
- Diluted EPS: ₹8.56 (non-annualized)
Comparative Financial Performance
Half Year Ended 30th September 2026 vs 30th September 2025:
- Revenue increased 97% from ₹5,246.99 lakhs to ₹10,355.07 lakhs
- Net profit increased 51% from ₹792.34 lakhs to ₹1,194.78 lakhs
- EPS increased from ₹6.15 to ₹8.56
Balance Sheet Position as at 30th September 2026:
- Total Equity: ₹10,357.91 lakhs (up from ₹3,900.59 lakhs as at 31st March 2026)
- Total Liabilities: ₹16,218.35 lakhs (up from ₹7,205.53 lakhs)
- Current Assets: ₹15,983.53 lakhs (primarily inventories ₹5,267.62 lakhs and trade receivables ₹6,814.23 lakhs)
- Cash and Bank Balance: ₹62.92 lakhs
Share Capital
- Paid-up Equity Share Capital (Face Value of ₹10 each): ₹1,750.00 lakhs
- Weighted Average Number of Equity Shares: 1,39,65,574 shares
Cash Flow Statement (Half Year Ended 30th September 2026)
- Net cash from operating activities: (₹5,039.74) lakhs outflow
- Net cash from investing activities: (₹1.94) lakhs outflow
- Net cash from financing activities: ₹5,060.85 lakhs inflow
- Net increase in cash: ₹19.17 lakhs
- Opening cash balance: ₹43.75 lakhs
- Closing cash balance: ₹62.92 lakhs
Auditor's Review Report
Piyush Kothari & Associates, Chartered Accountants (Firm Registration No.: 140711W) issued an independent review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.
Regulatory Compliance Declaration
Arun Kumar, Managing Director, submitted a declaration pursuant to Regulation 52(3) of SEBI LODR confirming that the statutory auditors have issued an audit report with unmodified opinion on the unaudited financial results for half year ended September 30, 2026.