Financial Performance Highlights (Half Year Ended September 30, 2026)
Income Statement:
- Revenue from operations: ₹52,948.79 lakhs (compared to ₹47,090.71 lakhs in H1 FY26 and ₹36,518.98 lakhs in H1 FY25)
- Other income: ₹9.80 lakhs (compared to ₹6.16 lakhs in H1 FY26 and ₹5.81 lakhs in H1 FY25)
- Total revenue: ₹52,958.59 lakhs
- Cost of materials consumed: ₹0.00 lakhs
- Purchase of stock-in-trade: ₹43,551.34 lakhs
- Changes in inventories: -₹4,749.30 lakhs
- Employee benefits expenses: ₹396.95 lakhs
- Finance costs: ₹116.87 lakhs
- Depreciation and amortization expenses: ₹53.05 lakhs
- Other expenses: ₹2,617.93 lakhs
- Total expenses: ₹51,986.84 lakhs
- Profit before tax: ₹971.75 lakhs (compared to ₹562.47 lakhs in H1 FY26 and ₹504.27 lakhs in H1 FY25)
- Tax expense: ₹245.28 lakhs (Current tax: ₹246.90 lakhs, Deferred tax: -₹1.62 lakhs)
- Net profit for the period: ₹726.47 lakhs (compared to ₹378.34 lakhs in H1 FY26 and ₹378.45 lakhs in H1 FY25)
- Earnings per share (Basic and Diluted): ₹3.11 (Non-Annualized)
Balance Sheet (as of September 30, 2026):
- Share capital: ₹1,422.00 lakhs (unchanged)
- Reserves and surplus: ₹4,143.87 lakhs (increased from ₹3,417.41 lakhs as of March 31, 2026)
- Non-current liabilities: ₹6,336.56 lakhs (Long-term liabilities; increased from ₹5,174.91 lakhs)
- Current liabilities: ₹8,380.94 lakhs (Short-term borrowings: ₹2,054.64 lakhs, Trade payables: ₹5,975.55 lakhs, Other current liabilities: ₹2,124.39 lakhs, Short-term provisions: ₹330.36 lakhs)
- Total liabilities: ₹22,387.37 lakhs (increased from ₹16,551.93 lakhs)
- Non-current assets: ₹901.58 lakhs (Property, plant and equipment: ₹463.81 lakhs, Intangible assets: ₹84.05 lakhs, Deferred tax assets: ₹5.10 lakhs, Other non-current assets: ₹349.62 lakhs)
- Current assets: ₹21,485.79 lakhs (Current investments: ₹321.42 lakhs, Inventories: ₹15,434.07 lakhs, Trade receivables: ₹507.10 lakhs, Cash and cash equivalents: ₹413.12 lakhs, Short-term loans and advances: ₹4,809.08 lakhs)
- Total assets: ₹22,387.37 lakhs
Cash Flow Statement (Half Year Ended September 30, 2026):
- Cash flow from operating activities: Net cash used in operations was ₹2,120.47 lakhs after accounting for taxes paid of ₹319.72 lakhs
- Cash flow from investing activities: Net cash generated was ₹874.70 lakhs (Purchase of tangible assets: ₹41.35 lakhs, Purchase of intangible assets: ₹14.75 lakhs, Current investments purchased: ₹272.50 lakhs, Other inflows: ₹1,196.80 lakhs)
- Cash flow from financing activities: Net cash generated was ₹1,304.71 lakhs (Proceeds from short-term borrowings: ₹1,421.58 lakhs, Finance costs paid: ₹116.87 lakhs)
- Net increase in cash and cash equivalents: ₹58.94 lakhs
- Cash and cash equivalents at beginning of period: ₹354.20 lakhs
- Cash and cash equivalents at end of period: ₹413.12 lakhs
Auditor Review
The statutory auditors, HAY and Associates LLP (FRN: 0104106W/W100984), conducted a limited review of the financial results in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. Their report, signed by Partner Sanjay P Lakhani (Membership No.: 111920), states that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.
Additional Notes
- The company operates in a single business segment
- EPS has been calculated in accordance with AS 20
- Tax provisions have been made in accordance with Income-tax Act, 1961 and AS 22
- Figures for previous periods have been regrouped/rearranged for comparability
- The financial results are available on the company's website and stock exchange websites