Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI Listing Regulations

Audit Opinion:

Clean opinion - No qualifications in the Limited Review Report issued by C.C. Dangi & Associates, Chartered Accountants (ICAI Firm Regn. No. 102105W)

Auditor’s Comment:

The auditors conducted review in accordance with SRE 2410 and stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... has not disclosed the information required... or that it contains any material misstatement."

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹1,194 lakh (QoQ: +0.6% from ₹1,187 lakh in Q1; YoY: +6.5% from ₹1,121 lakh in Q2 FY26)
  • Total Income: ₹1,927 lakh (QoQ: -11.4% from ₹2,175 lakh; YoY: -17.2% from ₹2,326 lakh)
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹794 lakh (QoQ: -27.3% from ₹1,092 lakh; YoY: -8.7% from ₹870 lakh)
  • EPS: ₹0.32 (Basic and Diluted)
  • Other Equity: Not specified for current period (March 31, 2026: ₹1,24,687 lakh)
  • Cash and Cash Equivalents: ₹531 lakh (March 31, 2026: ₹98 lakh)
  • Debt: Current Borrowings ₹3,768 lakh, Non-current financial liabilities ₹1,018 lakh

Half Year ended September 30, 2026:

  • Revenue from Operations: ₹2,381 lakh (YoY: +0.7% from ₹2,364 lakh)
  • Total Income: ₹4,102 lakh (YoY: -5.3% from ₹4,331 lakh)
  • Net Profit: ₹1,885 lakh (YoY: -0.2% from ₹1,889 lakh)
  • EPS: ₹0.77 (Basic and Diluted)

Consolidated Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹2,268 lakh (QoQ: +3.8% from ₹2,185 lakh; YoY: +12.6% from ₹2,014 lakh)
  • Total Income: ₹2,617 lakh (QoQ: -6.3% from ₹2,792 lakh; YoY: -6.8% from ₹2,807 lakh)
  • Net Profit: ₹822 lakh (QoQ: -28.4% from ₹1,148 lakh; YoY: -4.1% from ₹857 lakh)
  • EPS: ₹0.33 (Basic and Diluted)
  • Other Equity: Not specified for current period (March 31, 2026: ₹1,23,012 lakh)
  • Cash and Cash Equivalents: ₹782 lakh (March 31, 2026: ₹141 lakh)

Half Year ended September 30, 2026:

  • Revenue from Operations: ₹4,453 lakh (YoY: +8.3% from ₹4,110 lakh)
  • Total Income: ₹5,409 lakh (YoY: +2.8% from ₹5,263 lakh)
  • Net Profit: ₹1,970 lakh (YoY: +4.8% from ₹1,879 lakh)
  • EPS: ₹0.80 (Basic and Diluted)

Segment-wise Performance [Rs. in Lakhs]:

Standalone Segment Revenue (Q2 FY27):

  • Logistics Park and commercial properties: ₹1,173 lakh (94.7% of total)
  • Equipment Hiring (Non crane): ₹21 lakh (1.8% of total)

Standalone Segment Results (Q2 FY27):

  • Logistics Park and commercial properties: ₹442 lakh profit
  • Equipment Hiring (Non crane): ₹2 lakh loss

Consolidated Segment Revenue (Q2 FY27):

  • Logistics Park and commercial properties: ₹2,247 lakh (99.1% of total)
  • Equipment Hiring (Non crane): ₹21 lakh (0.9% of total)

Consolidated Segment Results (Q2 FY27):

  • Logistics Park and commercial properties: ₹953 lakh profit
  • Equipment Hiring (Non crane): ₹2 lakh loss

Corporate Actions:

  • Dividend: Not declared
  • Management Changes:
  • Mr. Jatin Chokshi (DIN: 00495015) retires as Managing Director effective December 31, 2026
  • Mr. Ravi Jakhar (DIN: 02188690) appointed as Additional Director (Executive Director - Strategy) from November 04, 2026, and as Managing Director for 3 years from January 01, 2027 to December 31, 2029, subject to shareholder approval

Other Significant Information:

Acquisitions Completed:

  • 100% equity acquisition of Panchghara Landscape Private Limited (effective April 28, 2026)
  • 100% equity acquisition of Panchghara Logistics Parks Private Limited (effective May 2, 2026)
  • 100% equity acquisition of Dighanta Landscape Private Limited (effective May 6, 2026)
  • Acquisition of 7,00,000 Class A Equity Shares (48.28%) of Comptech Solutions Private Limited for ₹2,359 lakh (effective July 9, 2026)

Impairment Recognition:

  • ₹859 lakh impairment recognized in FY26 towards investments and loans relating to four subsidiaries
  • ₹26 lakh impairment gain recognized in H1 FY27

Exceptional Items:

  • Q2 FY27: ₹11 lakh expense towards securities subscription agreement milestones
  • FY26: ₹175 lakh compensation from NHAI for compulsory land acquisition in Chennai
  • FY26: ₹242 lakh expense towards contractual obligation from demerged undertaking

Cash Flow Highlights (Standalone H1 FY27):

  • Net cash from operating activities: ₹10,126 lakh
  • Net cash used in investing activities: ₹13,461 lakh
  • Net cash from financing activities: ₹3,768 lakh
  • Net increase in cash: ₹433 lakh

Entities in Consolidation:

18 entities including Transindia Real Estate Limited (holding company), 17 subsidiaries, and 1 associate company

Asset Held for Sale:

₹573 lakh investment property identified for sale by subsidiary Marasandra Logistics and Industrial Park Private Limited