Financial Results Performance

Standalone Financial Results (Rs. in Lakhs):

  • Q2 FY27 (Sept 30, 2026): Revenue from operations: ₹14,851.72; Net profit: ₹849.00; EPS: ₹1.09
  • Q2 FY26 (Sept 30, 2025): Revenue from operations: ₹10,686.80; Net profit: ₹684.80; EPS: ₹0.88
  • Q1 FY27 (June 30, 2026): Revenue from operations: ₹12,438.02; Net profit: ₹654.39; EPS: ₹0.84
  • H1 FY27 (Sept 30, 2026): Revenue from operations: ₹27,289.74; Net profit: ₹1,503.38; EPS: ₹1.93
  • H1 FY26 (Sept 30, 2025): Revenue from operations: ₹19,726.31; Net profit: ₹1,232.26; EPS: ₹1.58

Consolidated Financial Results (Rs. in Lakhs):

  • Q2 FY27 (Sept 30, 2026): Revenue from operations: ₹14,949.82; Net profit: ₹837.80; EPS: ₹1.07
  • Q2 FY26 (Sept 30, 2025): Revenue from operations: ₹10,686.80; Net profit: ₹684.80; EPS: ₹0.88
  • H1 FY27 (Sept 30, 2026): Revenue from operations: ₹27,387.84; Net profit: ₹1,490.19; EPS: ₹1.91

Management Changes

Resignation: Mr. Jayesh Ajitkumar Ashar (Age: 62 years) resigned as Chief Executive Officer effective close of business hours on November 30, 2026, due to personal reasons arising from family commitments.

Appointment: Mr. Mangesh Sarfare appointed as Chief Executive Officer and Key Managerial Personnel for a period of two years effective December 01, 2026. He holds a Bachelor of Engineering degree from University of Mumbai and an MBA in Operations Management, with over three decades of experience in project management, procurement, supply chain management, and general administration.

Consequent Change: Mr. Mangesh Sarfare resigned as Non-Executive Director effective close of business hours on November 04, 2026, due to his appointment as CEO.

Committee Reconstitution

The Board approved reconstitution of the following committees effective November 04, 2026:

Audit Committee:

  • Mr. Deepak Bakhshi (Independent Director) - Chairman
  • Mr. Pradip Kumar Das (Independent Director) - Member
  • Mrs. Monika Srivastava (Non-Executive Director) - Member

Nomination and Remuneration Committee:

  • Mr. Deepak Bakhshi (Independent Director) - Chairman
  • Mr. Pradip Kumar Das (Independent Director) - Member
  • Mrs. Monika Srivastava (Non-Executive Director) - Member

Stakeholders Relationship Committee:

  • Mr. Sanjaya Kulkarni (Non-Executive Director) - Chairman
  • Mr. Deepak Bakhshi (Independent Director) - Member
  • Mrs. Monika Srivastava (Non-Executive Director) - Member

Corporate Social Responsibility Committee:

  • Mrs. Monika Srivastava (Non-Executive Director) - Chairperson
  • Mr. Deepak Bakhshi (Independent Director) - Member
  • Mr. Pradip Kumar Das (Independent Director) - Member

Subsidiary Update

The company commenced commercial operations through its wholly owned subsidiary Prokube Containers Private Limited at Bhuj, Gujarat, for manufacturing Intermediate Bulk Containers (IBCs) with an installed capacity of 150,000 IBCs per annum. The new facility is expected to generate additional annual revenue of approximately ₹100 crore.

Subsidiary Financials (Prokube Containers Private Limited):

  • Q2 FY27 Revenue: ₹98.10 lakhs; Net profit: ₹3.78 lakhs
  • H1 FY27 Revenue: ₹98.10 lakhs; Net profit: ₹1.79 lakhs

Financial Position (As of September 30, 2026)

Standalone (Rs. in Lakhs):

  • Total Assets: ₹28,252.93
  • Total Equity: ₹17,379.74
  • Paid-up equity share capital: ₹1,560.06 (Face Value ₹2 each)

Consolidated (Rs. in Lakhs):

  • Total Assets: ₹30,095.64
  • Total Equity: ₹17,365.82
  • Paid-up equity share capital: ₹1,560.06 (Face Value ₹2 each)

Auditor Review

The unaudited financial results were reviewed by M/s. Raman S Shah & Associates, Chartered Accountants, who issued an unmodified conclusion on both standalone and consolidated results.