Board Meeting Details

The Board of Directors meeting was held on Friday, November 13, 2026 through video conferencing mode. The meeting commenced at 9:05 AM IST and concluded at 9:25 AM IST.

Key Decisions Approved

1. Unaudited Financial Results (Standalone and Consolidated) for the quarter ended September 30, 2026

2. Limited Review Report on the financial results

Standalone Financial Performance (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹753.80 (Sale of services)
  • Other income: ₹8.59
  • Total income: ₹762.40
  • Employee benefit expenses: ₹415.51
  • Finance costs: (₹3.49) [negative indicating income]
  • Depreciation and amortization: ₹47.10
  • Software and subscription expenses: ₹138.54
  • Other expenses: ₹57.96
  • Total expenses: ₹655.62
  • Profit before tax: ₹106.78
  • Current tax: ₹26.87
  • Deferred tax: (₹3.65)
  • Total tax: ₹23.23
  • Net profit: ₹83.55
  • Basic EPS: ₹0.85
  • Diluted EPS: ₹0.85

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹1,493.62
  • Other income: ₹37.88
  • Total income: ₹1,531.50
  • Net profit: ₹201.88
  • Basic EPS: ₹2.06
  • Diluted EPS: ₹2.06

Comparative Performance:

  • Q2 revenue growth: 61.40% YoY (₹753.80 lakh vs ₹467.03 lakh)
  • Q2 PAT growth: 227% YoY (₹83.55 lakh vs ₹25.58 lakh)
  • H1 revenue: ₹1,493.62 lakh vs ₹950.46 lakh (previous year)
  • H1 PAT: ₹201.88 lakh vs ₹105.75 lakh (previous year)

Standalone Balance Sheet (as at September 30, 2026)

  • Share capital: ₹979.01 lakh
  • Reserves and surplus: ₹2,784.97 lakh
  • Total shareholders' funds: ₹3,763.98 lakh
  • Long-term borrowings: ₹482.92 lakh
  • Short-term borrowings: ₹128.74 lakh
  • Cash and cash equivalents: ₹1,176.32 lakh
  • Trade receivables: ₹664.83 lakh
  • Total assets: ₹4,610.80 lakh

Standalone Cash Flow (Half Year Ended September 30, 2026)

  • Cash from operating activities: ₹515.93 lakh
  • Cash from investing activities: (₹847.51) lakh
  • Cash from financing activities: (₹306.09) lakh
  • Net decrease in cash: (₹637.68) lakh

Consolidated Financial Performance (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,719.15
  • Other income: ₹11.24
  • Total income: ₹1,730.38
  • Employee benefit expenses: ₹815.28
  • Finance costs: (₹1.90)
  • Depreciation and amortization: ₹59.10
  • Software and subscription expenses: ₹149.18
  • Other expenses: ₹460.14
  • Total expenses: ₹1,481.80
  • Profit before tax: ₹248.58
  • Current tax: ₹54.78
  • Deferred tax: (₹5.88)
  • Total tax: ₹48.90
  • Net profit: ₹199.68
  • Minority interest: ₹8.18
  • Profit attributable to owners: ₹191.51
  • Basic EPS: ₹1.96
  • Diluted EPS: ₹1.96

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹3,424.25
  • Other income: ₹40.52
  • Total income: ₹3,464.77
  • Net profit: ₹498.25
  • Minority interest: ₹24.11
  • Profit attributable to owners: ₹474.14
  • Basic EPS: ₹4.84
  • Diluted EPS: ₹4.84

Comparative Performance:

  • Q2 consolidated revenue growth: 108.46% YoY (₹1,719.15 lakh vs ₹824.69 lakh)
  • Q2 consolidated PAT growth: 180% YoY (₹199.68 lakh vs ₹71.32 lakh)
  • H1 consolidated revenue: ₹3,424.25 lakh vs ₹1,674.04 lakh (previous year)
  • H1 consolidated PAT: ₹498.25 lakh vs ₹193.36 lakh (previous year)

Consolidated Balance Sheet (as at September 30, 2026)

  • Share capital: ₹979.01 lakh
  • Reserves and surplus: ₹3,236.16 lakh
  • Non-controlling interest: ₹176.10 lakh
  • Total shareholders' funds: ₹4,391.27 lakh
  • Long-term borrowings: ₹515.77 lakh
  • Short-term borrowings: ₹132.18 lakh
  • Cash and cash equivalents: ₹2,017.03 lakh
  • Trade receivables: ₹1,462.97 lakh
  • Total assets: ₹5,684.28 lakh

Consolidated Cash Flow (Half Year Ended September 30, 2026)

  • Cash from operating activities: ₹124.94 lakh
  • Cash from investing activities: (₹56.24) lakh
  • Cash from financing activities: (₹300.91) lakh
  • Net decrease in cash: (₹232.21) lakh

Subsidiary Information

The company has five subsidiaries:

1. Telge Global Inc (formerly Telge Projects Inc)

2. Edward Farr Architects Inc (step-down subsidiary)

3. Midwest Detailing LLC (step-down subsidiary)

4. Draftco Inc (step-down subsidiary)

5. Wheaton Detailing Inc (step-down subsidiary)

IPO Proceeds Utilization (as on September 30, 2026)

Gross issue: ₹2,724 lakh

Less: Issue expenses: ₹278 lakh

Net issue: ₹2,446 lakh

Utilization details:

  • Purchase of office premises (revised to ₹395 lakh): ₹0 utilized, ₹395 balance
  • Purchase of computers/software: ₹243.69 utilized, ₹0 balance
  • Hiring manpower in company: ₹73.80 utilized, ₹344.16 balance
  • Investment in subsidiary for manpower: ₹146.90 utilized, ₹338.60 balance
  • General corporate purposes: ₹404.14 utilized, ₹0 balance
  • Acquisitions/strategic initiatives: ₹98.88 utilized, ₹401.12 balance

Total utilized: ₹967.40 lakh

Balance unutilized: ₹1,478.89 lakh

Unutilized funds temporarily parked in scheduled bank accounts and permitted investments.

Additional Information

  • Business segment: Single reportable segment - structural engineering, detailing, modeling and allied professional services
  • No investor complaints pending during the quarter
  • Previous period figures regrouped/reclassified for comparability