Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

The Statutory Auditors, M/s DR B S V & Associates, Chartered Accountants, Pune, issued a Limited Review Report with an unmodified opinion on both the standalone and consolidated unaudited financial results.

Key Financial Highlights [₹ in Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,684.46 (YoY: +219% from ₹4,606.88 in Q2 FY26)
  • Total Income: ₹14,920.95
  • Net Profit: ₹1,549.38 (YoY: +233% from ₹464.65 in Q2 FY26)
  • EPS: ₹4.11 (Basic and Diluted)
  • PBT Margin: 13.89%
  • PAT Margin: 10.55%

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹24,678.84 (YoY: +246% from ₹7,130.01 in H1 FY26)
  • Total Income: ₹24,958.82
  • Net Profit: ₹2,549.40 (YoY: +248% from ₹733.35 in H1 FY26)
  • EPS: ₹6.76 (Basic and Diluted)
  • PBT Margin: 13.68%
  • PAT Margin: 10.33%

Balance Sheet (Standalone) as at September 30, 2026:

  • Total Assets: ₹34,721.48 lakh (vs. ₹26,538.87 lakh as at March 31, 2026)
  • Equity Share Capital: ₹3,773.02 lakh (vs. ₹3,598.68 lakh)
  • Other Equity: ₹10,413.72 lakh (vs. ₹6,697.17 lakh)
  • Cash and Cash Equivalents: ₹2,724.73 lakh (vs. ₹1,640.06 lakh)
  • Total Borrowings: ₹5,817.68 lakh (Current: ₹5,245.66 lakh, Non-current: ₹572.02 lakh)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,991.27
  • Total Income: ₹15,235.44
  • Net Profit: ₹1,557.53
  • EPS: ₹4.09 (Basic and Diluted)
  • PBT Margin: 13.65%
  • PAT Margin: 10.39%
  • Profit attributable to owners: ₹1,542.55
  • Profit attributable to non-controlling interest: ₹14.98

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹25,363.54
  • Total Income: ₹25,645.96
  • Net Profit: ₹2,567.68
  • EPS: ₹6.74 (Basic and Diluted)
  • PBT Margin: 13.42%
  • PAT Margin: 10.12%
  • Profit attributable to owners: ₹2,542.54
  • Profit attributable to non-controlling interest: ₹25.14

Balance Sheet (Consolidated) as at September 30, 2026:

  • Total Assets: ₹42,816.70 lakh (vs. ₹33,027.82 lakh as at March 31, 2026)
  • Equity attributable to owners: ₹14,223.76 lakh
  • Non-controlling interests: ₹865.41 lakh
  • Cash and Cash Equivalents: ₹2,867.98 lakh
  • Total Borrowings: ₹7,103.07 lakh (Current: ₹6,063.87 lakh, Non-current: ₹1,039.20 lakh)

Segment-wise Performance:

The company is predominantly engaged in infrastructure construction contracting. There are no separate reportable operating segments as per Ind AS 108.

Corporate Actions:

Dividend: Not declared

Share Capital Changes:

  • The paid-up equity share capital increased to ₹37,73,01,690 (3,77,30,169 equity shares of ₹10 each)
  • During the quarter, the Board allotted 5,81,133 equity shares upon conversion of fully convertible warrants and 11,62,266 bonus shares to allottees (total 17,43,399 equity shares)
  • The initial subscription amount of 25% (₹55.01 lakh) was forfeited from warrant holders who did not pay the remaining subscription amount

Warrant Issuance:

  • On August 28, 2026, the Board allotted 18,39,339 fully convertible warrants on a preferential basis to promoters and certain directors at ₹87 per warrant (face value ₹10, premium ₹77), aggregating ₹1,600.22 lakh
  • Received 25% upfront: ₹400.06 lakh (₹21.75 per warrant)
  • Balance 75% (₹65.25 per warrant, ₹1,200.17 lakh) payable on conversion into equity shares within 18 months of allotment

Other Significant Information:

Overseas Expansion and Acquisition:

  • Incorporated two subsidiaries in UK:
  • Univastu UK Ltd. (September 30, 2026) - 1,000 equity shares of GBP 0.01 each
  • Univastu Networks Ltd. (October 7, 2026) - 390,000,000 equity shares of GBP 0.01 each
  • Entire shareholding of Univastu UK Ltd. transferred to Univastu Networks Ltd.
  • Acquired Cambium Networks Ltd., UK on October 12, 2026 for USD 5.10 million
  • Univastu UK Ltd. renamed to Cambium Networks Ltd.

Cash Flow Statement (Standalone) for H1 FY27:

  • Net cash from operating activities: ₹1,371.05 lakh
  • Net cash used in investing activities: ₹(4,476.17) lakh
  • Net cash from financing activities: ₹4,189.79 lakh
  • Net increase in cash: ₹1,084.67 lakh

Cash Flow Statement (Consolidated) for H1 FY27:

  • Net cash from operating activities: ₹1,165.27 lakh
  • Net cash used in investing activities: ₹(5,090.45) lakh
  • Net cash from financing activities: ₹5,131.26 lakh
  • Net increase in cash: ₹1,206.08 lakh

Notes:

  • Financial results are unaudited and prepared in accordance with Ind AS
  • EPS calculations adjusted retrospectively for warrant conversions and bonus shares
  • Previous period figures regrouped/reclassified for comparability