Tempsens Q2 PAT Rises 20% YoY to ₹194M

Key Decisions and Approvals

Approved unaudited standalone and consolidated financial results for quarter and half year ended September 30, 2026
Appointment of Mr. Aryan Rathi (DIN: 11607932) as Additional Director designated as Executive Director cum Lead-Global Sales for 5 years from October 30, 2026, subject to shareholder approval
Accepted resignation of Mr. Ankit Talesra (DIN: 02709075) as Non-Executive Director effective October 30, 2026
Appointment of M/s P C MODI & CO (Firm Registration No. 000239C) as Joint Statutory Auditor until ensuing AGM, subject to shareholder approval via Postal Ballot
Ratification of Tempsens Instrument Employees Stock Option Plan 2025 (ESOP 2025)
Ratification to extend ESOP 2025 benefits to eligible employees of group companies including subsidiaries, associates, and holding company
Appointment of M/s. Ronak Jhuthawat & Co. as Scrutinizer for remote e-voting process
Approved issuance of Postal Ballot Notice to shareholders

Financial Results - Consolidated (₹ in millions)

Quarter Ended September 30, 2026

Revenue from operations: ₹1,363.15
Other income: ₹22.28
Total income: ₹1,385.43
Total expenses: ₹1,165.03
Profit before tax: ₹231.27
Tax expense: ₹36.90 (Current: ₹51.88, Deferred: ₹-14.98)
Profit after tax: ₹194.37
Other comprehensive income: ₹-2.73
Total comprehensive income: ₹191.64
EPS: Basic ₹2.26, Diluted ₹2.25

Half Year Ended September 30, 2026

Revenue from operations: ₹2,550.22
Other income: ₹43.91
Total income: ₹2,594.13
Total expenses: ₹2,166.63
Profit before tax: ₹445.13
Tax expense: ₹88.10 (Current: ₹101.22, Deferred: ₹-13.12)
Profit after tax: ₹357.03
Other comprehensive income: ₹-8.94
Total comprehensive income: ₹348.09
EPS: Basic ₹4.14, Diluted ₹4.13

Financial Results - Standalone (₹ in millions)

Quarter Ended September 30, 2026

Revenue from operations: ₹1,156.83
Other income: ₹19.48
Total income: ₹1,176.31
Total expenses: ₹985.70
Profit before tax: ₹190.61
Tax expense: ₹29.18 (Current: ₹42.54, Deferred: ₹-13.36)
Profit after tax: ₹161.43
Other comprehensive income: ₹-3.81
Total comprehensive income: ₹157.62
EPS: Basic ₹1.98, Diluted ₹1.97

Half Year Ended September 30, 2026

Revenue from operations: ₹2,175.34
Other income: ₹42.13
Total income: ₹2,217.47
Total expenses: ₹1,854.33
Profit before tax: ₹363.14
Tax expense: ₹72.41 (Current: ₹84.26, Deferred: ₹-11.85)
Profit after tax: ₹290.73
Other comprehensive income: ₹-2.99
Total comprehensive income: ₹287.74
EPS: Basic ₹3.58, Diluted ₹3.57

Consolidated Balance Sheet Highlights (₹ in millions)

As at September 30, 2026

Total assets: ₹7,819.76
Non-current assets: ₹3,767.36
Current assets: ₹4,052.40
Cash and cash equivalents: ₹965.74
Inventories: ₹1,399.34
Trade receivables: ₹831.28
Total equity: ₹6,486.90
Non-current liabilities: ₹168.39
Current liabilities: ₹1,164.47
Borrowings (current): ₹335.51
Borrowings (non-current): ₹71.75

Standalone Balance Sheet Highlights (₹ in millions)

As at September 30, 2026

Total assets: ₹7,127.02
Non-current assets: ₹3,613.51
Current assets: ₹3,513.51
Cash and cash equivalents: ₹846.77
Inventories: ₹1,175.36
Trade receivables: ₹753.33
Total equity: ₹5,980.02
Non-current liabilities: ₹186.18
Current liabilities: ₹960.82
Borrowings (current): ₹265.20
Borrowings (non-current): ₹47.87

Cash Flow Statements (₹ in millions)

Consolidated - Half Year Ended September 30, 2026

Cash from operating activities: ₹490.90
Cash used in investing activities: ₹-286.02
Cash from financing activities: ₹475.74
Net increase in cash: ₹680.62

Standalone - Half Year Ended September 30, 2026

Cash from operating activities: ₹497.30
Cash used in investing activities: ₹-278.56
Cash from financing activities: ₹448.35
Net increase in cash: ₹667.09

IPO Proceeds Utilization

The company completed its IPO on August 28, 2026, issuing 21,666,666 equity shares at ₹300 per share (face value ₹4), comprising:

Fresh issue: 3,166,666 shares aggregating ₹950.00 million
Offer for sale: 18,500,000 shares aggregating ₹5,550.00 million

IPO related expenses: ₹506.52 million allocated between company (₹77.34 million adjusted to securities premium) and selling shareholders (₹429.18 million)

Utilization of net IPO proceeds (₹872.66 million) as of September 30, 2026:

Capital expenditure: ₹6.10 million utilized (₹175.24 million unutilized) out of allocated ₹181.34 million
Debt repayment: ₹550.00 million fully utilized out of allocated ₹550.00 million
General corporate purposes: ₹0 utilized (₹141.32 million unutilized) out of allocated ₹141.32 million
Total utilized: ₹556.10 million
Total unutilized: ₹316.56 million

ESOP 2025 Details

Total Options pool: 1,613,320 options
Options granted: 347,100
Options lapsed: 13,544
Options available: 1,252,676
Each option convertible to one equity share of ₹4 face value
Exercise price linked to market price, not less than face value
Vesting period not exceeding 4 years from grant date

Subsidiaries and Joint Ventures

The consolidated results include:

Subsidiaries:

1. Pyrosens Technologies India Private Limited

2. Accurate Optoelectronics Private Limited (step-down)

3. Tempsens Gulf LLC

4. Tempsens Instruments GmbH (w.e.f. January 16, 2026)

5. Tempsens Polska Sp.z.o.o (step-down, w.e.f. January 16, 2026)

6. Tempsens Measurement and Control Private Limited (w.e.f. March 20, 2026)

Joint Ventures:

1. PT. Tempsens Asia Jaya

2. Tempsens Korea Co. Limited

3. Victura Tempsens Technologies Private Limited (incorporated April 1, 2026)

4. Tempsens Instruments GmbH (as JV from December 17, 2025 to January 15, 2026)

Auditor Review

Limited review conducted by Walker Chandiok & Co LLP (Firm Registration No: 001076N/N500013)
6 subsidiaries with total assets of ₹936.49 million not reviewed by statutory auditors but relied on other auditors' reports
3 joint ventures with share of net profit after tax of ₹10.87 million (quarter) and ₹17.63 million (half year) not reviewed by statutory auditors

Meeting Details

Board meeting commenced at 3:00 PM and concluded at 7:00 PM on October 30, 2026
Results reviewed by Audit Committee and approved by Board of Directors