Board Meeting Details
The Board of Directors meeting was held on Friday, November 13, 2026, from 04:00 P.M. to 06:45 P.M. at the registered office of the Company.
Key Approvals
The Board considered and approved:
1. Un-Audited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026
2. Statement of Assets and Liabilities and Cash Flow as at September 30, 2026
3. Limited Review Report on Un-Audited Financial Results
Standalone Financial Performance (Q2 FY27)
- Revenue from Operations: ₹86.84 crore (Q1 FY27: ₹103.74 crore, Q2 FY26: ₹60.74 crore)
- Total Income: ₹87.81 crore (Q1 FY27: ₹104.88 crore, Q2 FY26: ₹61.43 crore)
- Profit Before Tax: ₹2.56 crore (Q1 FY27: ₹6.28 crore, Q2 FY26: ₹2.24 crore)
- Net Profit: ₹2.03 crore (Q1 FY27: ₹4.68 crore, Q2 FY26: ₹1.54 crore)
- Basic EPS: ₹0.69 (Q1 FY27: ₹1.60, Q2 FY26: ₹0.53)
- Diluted EPS: ₹0.69 (Q1 FY27: ₹1.60, Q2 FY26: ₹0.53)
Standalone Financial Performance (H1 FY27)
- Revenue from Operations: ₹190.58 crore (H1 FY26: ₹152.52 crore)
- Total Income: ₹192.69 crore (H1 FY26: ₹153.99 crore)
- Profit Before Tax: ₹8.85 crore (H1 FY26: ₹6.90 crore)
- Net Profit: ₹6.70 crore (H1 FY26: ₹6.12 crore)
- Basic EPS: ₹2.30 (H1 FY26: ₹2.10)
- Diluted EPS: ₹2.30 (H1 FY26: ₹2.10)
Standalone Balance Sheet (as of September 30, 2026)
- Total Assets: ₹362.87 crore (March 31, 2026: ₹336.17 crore)
- Non-Current Assets: ₹154.59 crore (March 31, 2026: ₹143.41 crore)
- Current Assets: ₹208.28 crore (March 31, 2026: ₹192.76 crore)
- Total Equity: ₹232.16 crore (March 31, 2026: ₹225.36 crore)
- Non-Current Liabilities: ₹34.22 crore (March 31, 2026: ₹24.39 crore)
- Current Liabilities: ₹96.48 crore (March 31, 2026: ₹86.42 crore)
Standalone Cash Flow (H1 FY27)
- Net Cash from Operating Activities: ₹7.20 crore
- Net Cash from Investing Activities: ₹(1.41) crore
- Net Cash from Financing Activities: ₹(3.67) crore
- Net Change in Cash: ₹2.13 crore
Consolidated Financial Performance (Q2 FY27)
- Revenue from Operations: ₹89.95 crore (Q1 FY27: ₹117.46 crore, Q2 FY26: ₹63.05 crore)
- Total Income: ₹90.87 crore (Q1 FY27: ₹118.63 crore, Q2 FY26: ₹63.83 crore)
- Profit Before Tax: ₹3.42 crore (Q1 FY27: ₹8.26 crore, Q2 FY26: ₹3.01 crore)
- Net Profit: ₹2.97 crore (Q1 FY27: ₹6.18 crore, Q2 FY26: ₹2.33 crore)
- Basic EPS: ₹0.93 (Q1 FY27: ₹2.20, Q2 FY26: ₹0.73)
- Diluted EPS: ₹0.93 (Q1 FY27: ₹2.20, Q2 FY26: ₹0.73)
Consolidated Financial Performance (H1 FY27)
- Revenue from Operations: ₹207.41 crore (H1 FY26: ₹168.27 crore)
- Total Income: ₹209.51 crore (H1 FY26: ₹169.88 crore)
- Profit Before Tax: ₹11.69 crore (H1 FY26: ₹8.41 crore)
- Net Profit: ₹9.14 crore (H1 FY26: ₹7.45 crore)
- Basic EPS: ₹3.12 (H1 FY26: ₹2.51)
- Diluted EPS: ₹3.12 (H1 FY26: ₹2.51)
Consolidated Balance Sheet (as of September 30, 2026)
- Total Assets: ₹396.57 crore (March 31, 2026: ₹373.60 crore)
- Non-Current Assets: ₹163.31 crore (March 31, 2026: ₹156.11 crore)
- Current Assets: ₹233.26 crore (March 31, 2026: ₹217.49 crore)
- Total Equity: ₹238.11 crore (March 31, 2026: ₹228.96 crore)
- Non-Current Liabilities: ₹49.56 crore (March 31, 2026: ₹41.56 crore)
- Current Liabilities: ₹108.89 crore (March 31, 2026: ₹103.08 crore)
Audit Review
The Statutory Auditors, M/s. Anil Kamal Garg & Company, Chartered Accountants, have carried out a Limited Review of both standalone and consolidated financial results and concluded that nothing has come to their attention that causes them to believe the statements contain any material misstatement.
Accounting Standards
The financial results are prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act, 2013.
Business Segment
The company is primarily engaged in the business of plastic products which constitutes a single reportable segment in accordance with IND AS 108.
Subsidiaries Included in Consolidation
1. Tapti Pipes & Products Ltd. FZE, U.A.E.
2. Shree Venkatesh Polymers Private Limited
3. Shree Venkatesh Industries Private Limited