Financial Performance Highlights (Amounts in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹3,343.11
  • Other income: ₹10.57
  • Total income: ₹3,363.68
  • Total expenses: ₹3,263.49
  • Profit before tax: ₹90.19
  • Tax expense: ₹20.37 (Current tax: ₹18.64, Deferred tax: ₹1.73)
  • Net profit after tax: ₹69.82
  • Other comprehensive income: ₹1.29
  • Total comprehensive income: ₹71.11
  • Basic and diluted EPS: ₹1.58

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹6,152.36
  • Other income: ₹19.05
  • Total income: ₹6,171.41
  • Total expenses: ₹5,993.38
  • Profit before tax: ₹178.03
  • Tax expense: ₹40.45 (Current tax: ₹38.94, Deferred tax: ₹1.52)
  • Net profit after tax: ₹137.58
  • Other comprehensive income: ₹2.57
  • Total comprehensive income: ₹140.15
  • Basic and diluted EPS: ₹3.12

Comparative Performance

YoY Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue increased 46% from ₹2,288.38 lakhs to ₹3,343.11 lakhs
  • Net profit increased 28% from ₹54.72 lakhs to ₹69.82 lakhs
  • EPS increased from ₹1.24 to ₹1.58

Half Year Comparison (H1 FY27 vs H1 FY26):

  • Revenue increased 34% from ₹4,584.84 lakhs to ₹6,152.36 lakhs
  • Net profit increased 42% from ₹97.11 lakhs to ₹137.58 lakhs
  • EPS increased from ₹2.20 to ₹3.12

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹9,966.41 lakhs (vs ₹8,844.92 lakhs as of March 31, 2026)
  • Shareholders' funds: ₹3,498.97 lakhs
  • Non-current liabilities: ₹1,068.36 lakhs
  • Current liabilities: ₹5,399.08 lakhs
  • Current assets: ₹6,133.76 lakhs
  • Property, plant and equipment: ₹3,550.16 lakhs
  • Trade receivables: ₹2,350.31 lakhs
  • Cash and cash equivalents: ₹278.18 lakhs

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

  • Cash generated from operating activities: ₹1,364.58 lakhs
  • Direct taxes paid: ₹51.32 lakhs
  • Net cash from operating activities: ₹1,313.26 lakhs
  • Net cash used in investing activities: ₹(548.22) lakhs (mainly purchases of property, plant and equipment: ₹553.88 lakhs)
  • Net cash used in financing activities: ₹(530.13) lakhs (repayment of borrowings: ₹323.72 lakhs, finance cost paid: ₹151.16 lakhs, dividend paid: ₹44.07 lakhs)
  • Net increase in cash and equivalents: ₹234.91 lakhs
  • Cash and equivalents at period end: ₹278.18 lakhs (includes bank balances of ₹202.50 lakhs in current accounts, ₹54.30 lakhs in deposits with maturity <3 months, and cash on hand of ₹21.37 lakhs)

Additional Information

  • Paid-up equity share capital: ₹440.70 lakhs (face value ₹10 each)
  • Factories located in Gandhinagar, Gujarat and Gautam Budh Nagar, Uttar Pradesh
  • Registered office in Ahmedabad, Gujarat