Board Meeting Outcomes
The Board of Directors meeting held on October 15, 2026 (12:45 PM to 1:30 PM) approved:
- Unaudited Financial Results with Limited Review Report for quarter and half year ended September 30, 2026
- First interim dividend of ₹6.50 per equity share (650%) for FY 2026-27
- Record date for dividend payment: October 22, 2026
- Dividend payment date: on or before November 12, 2026
Financial Results Highlights
Quarter Ended September 30, 2026:
- Revenue from operations: ₹10,651.22 lakhs
- Other income: ₹582.40 lakhs
- Total income: ₹11,233.62 lakhs
- Total expenses: ₹5,403.44 lakhs
- Profit before tax: ₹5,830.18 lakhs
- Tax expense: ₹1,460.23 lakhs
- Net profit: ₹4,369.95 lakhs
- Basic EPS: ₹3.42
- Diluted EPS: ₹3.42
Half Year Ended September 30, 2026:
- Revenue from operations: ₹22,657.58 lakhs
- Other income: ₹1,027.86 lakhs
- Total income: ₹23,685.44 lakhs
- Total expenses: ₹9,051.28 lakhs
- Profit before tax: ₹14,634.16 lakhs
- Tax expense: ₹1,690.26 lakhs
- Net profit: ₹10,943.90 lakhs
- Basic EPS: ₹8.56
- Diluted EPS: ₹8.56
Share Buyback Details
The company completed a buyback of 6,71,946 equity shares (0.53% of paid-up capital) through open market purchases:
- Buyback approval: August 5, 2026 by Board, September 31, 2026 by shareholders
- Maximum buyback size: ₹4,450 lakhs (14.87% of equity capital and reserves)
- Maximum buyback price: ₹750 per share
- Public announcement: September 3, 2026 with corrigendum dated September 2026
- Buyback period: September 2026 to September 30, 2026
- Total cash outflow: ₹4,514.50 lakhs (including transaction costs of ₹70.91 lakhs)
- Accounting treatment: ₹6.72 lakhs adjusted against equity share capital, ₹4,507.78 lakhs against retained earnings
- Capital redemption reserve of ₹6.72 lakhs created from general reserve
- Share capital reduced by ₹6.72 lakhs
Capital Structure
- Paid-up equity share capital: ₹1,278.12 lakhs (as of September 30, 2026)
- Face value: Re. 1 per share
Additional Information
- Financial results prepared in accordance with Ind AS 34 (Interim Financial Reporting)
- Statutory auditors conducted limited review and expressed unmodified conclusion
- Only one reportable business segment: Audio/video Products
- No subsidiaries/associates/joint ventures
- Previous period figures have been regrouped/reclassified for consistency
Financial Position (as of September 30, 2026)
- Total assets: ₹41,009.87 lakhs
- Total equity: ₹32,423.02 lakhs
- Current assets: ₹38,176.77 lakhs (including investments ₹21,107.94 lakhs)
- Cash and cash equivalents: ₹854.92 lakhs
Cash Flow (Six months ended September 30, 2026)
- Net cash from operating activities: ₹8,259.80 lakhs
- Net cash used in investing activities: ₹(3,485.98) lakhs
- Net cash used in financing activities: ₹(4,636.62) lakhs
- Net increase in cash: ₹137.20 lakhs
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