Board Meeting Details

The Board of Directors meeting was held on Saturday, 31st October 2026 at 03:00 P.M. through Video Conferencing. The meeting commenced at 03:00 P.M. and concluded at 04:00 P.M.

Business Transacted

  • Approved the Un-Audited Financial Results and Limited Review Report for the Quarter and half ended 30th September, 2026
  • Approved the Statement of Asset and Liabilities for the half year ended on 30th September, 2026
  • Approved the Statement of Cash Flow for the half year ended on 30th September, 2026
  • Other business arising out of the above business, incidental and ancillary to the company's business

Financial Results (₹ in Lacs)

Quarterly Performance Comparison

| Particulars | Q2 FY2027 (Unaudited) | Q2 FY2026 (Unaudited) | Q2 FY2025 (Unaudited) |

| Revenue from operations | 1314.15 | 1867.83 | 1714.96 |

| Other Income | 9.67 | 0.14 | 2.21 |

| Total revenue | 1323.82 | 1867.97 | 1717.17 |

| Total expenses | 1270.82 | 1719.38 | 1566.71 |

| Profit before tax | 53.00 | 148.59 | 150.46 |

| Tax expenses | 11.23 | 37.96 | 38.22 |

| Current tax | 13.00 | 37.15 | 37.50 |

| Deferred Tax | -1.77 | 0.81 | 0.72 |

| Net profit | 41.77 | 110.63 | 112.24 |

| EPS - Basic (₹) | 0.76 | 2.02 | 2.05 |

| EPS - Diluted (₹) | 0.76 | 2.02 | 2.05 |

Half-Yearly Performance Comparison

| Particulars | H1 FY2027 (Unaudited) | H1 FY2026 (Unaudited) | FY2026 (Audited) |

| Revenue from operations | 3181.98 | 3193.31 | 5890.71 |

| Other Income | 9.81 | 7.84 | 38.75 |

| Total revenue | 3191.79 | 3201.15 | 5929.46 |

| Total expenses | 2990.20 | 3011.55 | 5816.39 |

| Profit before tax | 201.59 | 189.60 | 113.07 |

| Tax expenses | 49.19 | 27.04 | 27.89 |

| Current tax | 50.15 | 47.50 | 24.00 |

| Deferred Tax | -0.96 | -20.46 | 3.89 |

| Net profit | 152.40 | 162.56 | 85.18 |

| EPS - Basic (₹) | 2.78 | 2.96 | 1.55 |

| EPS - Diluted (₹) | 2.78 | 2.96 | 1.55 |

Expense Breakdown (H1 FY2027, ₹ in Lacs)

  • Cost of materials consumed: 1650.31
  • Changes in inventories: 61.18
  • Employee benefits expenses: 421.40
  • Finance costs: 97.77
  • Depreciation and amortisation: 192.50
  • Other expenses: 567.04

Balance Sheet Position (as at 30.9.2026, ₹ in Lacs)

Assets

  • Non-current assets: 3677.82
  • Property, Plant and equipment: 3619.69
  • Financial assets (Investments): 17.92
  • Other non-current assets: 40.21
  • Current assets: 3403.64
  • Inventories: 1732.72
  • Cash and cash equivalents: 1004.87
  • Bank balance other than above: 11.22
  • Loans: 443.51
  • Other financial assets: 163.21
  • Current Tax Assets: 4.50
  • Other Current Assets: 43.61
  • Total assets: 7081.46

Equity and Liabilities

  • Equity: 3681.02
  • Equity share capital: 548.50 (Face value: ₹10 per share)
  • Other equity: 3132.52
  • Non-current liabilities: 774.14
  • Borrowings: 417.46
  • Provisions: 40.75
  • Deferred tax liabilities: 315.93
  • Current liabilities: 2626.30
  • Trade payables: 1460.36
  • Other financial liabilities: 926.73
  • Other current liabilities: 198.42
  • Provisions: 27.12
  • Current tax liabilities: 13.67
  • Total equity and liabilities: 7081.46

Cash Flow Statement (H1 FY2027, ₹ in Lacs)

  • Operating Activities:
  • Cash flow from operating activities: 32,732
  • Income tax paid: (1,365)
  • Net cash from operating activities: 31,366
  • Investing Activities:
  • Purchase of Property, Plant & Equipment: (11,900)
  • Interest income: 792
  • Net cash used in investing activities: (11,108)
  • Financing Activities:
  • Dividend income: 179
  • Repayment of borrowings: (10,714)
  • Interest paid: (9,777)
  • Net cash used in financing activities: (20,312)
  • Net decrease in cash and cash equivalents: (53)
  • Opening cash balance: 1,175
  • Closing cash balance: 1,122

Regulatory Compliance and Notes

1. Certificate from CFO was placed before the board confirming that financial results do not contain any false or misleading statement or figures and do not omit any material fact.

2. Results were reviewed by the Audit Committee and approved at the Board meeting held on 31st October 2026.

3. Comparative previous period results prepared in accordance with Ind AS 34 on Interim Financial Reporting.

4. Management exercised necessary due diligence to ensure financial results provide true and fair view.

Auditor's Review

Ashok P Patel & Co, Chartered Accountants issued an independent review report stating that based on their review, nothing has come to their attention that causes them to believe that the interim financial information contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.