Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Standalone Unaudited Financial Results
Audit Opinion:
Clean opinion. The limited review report states: "Based on our review conducted... 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 [₹ in Lakh]:
Standalone Results:
Revenue from Operations: ₹6,074.73 lakh (Q1 FY27) vs ₹5,953.69 lakh (Q1 FY26) - Increase of 2.03% YoY
Total Income: ₹6,891.31 lakh (Q1 FY27) vs ₹6,328.04 lakh (Q1 FY26) - Increase of 8.90% YoY
EBITDA: Not explicitly disclosed
Net Profit: ₹31,119.00 lakh (Q1 FY27) vs ₹19.45 lakh (Q1 FY26) - Massive increase due to exceptional item
EPS: ₹6.44 (Basic and Diluted) (Q1 FY27) vs ₹0.004 (Q1 FY26)
Other Equity: ₹6,566.25 lakh (Q1 FY27) vs ₹(27,301.70) lakh (Q1 FY26)
Cash and Cash Equivale nts: ₹19.01 lakh
Debt: Total debt includes Non-Convertible Debentures (principal ₹7,500.00 lakh) and Optionally-Convertible Debentures (principal ₹1,500.00 lakh)
Consolidated Results:
Not applicable as the company has no Subsidiary/Associate/Joint Venture company as on June 30, 2026
Segment-wise Performance [₹ in Lakh]:
The company operates in two segments: Textiles and Real Estate
Segment Revenue:
- Total: ₹6,891.30 lakh (Q1 FY27)
- Textiles: Not separately specified
- Real Estate: Not separately specified
Segment Results (Profit before tax & interest):
- Textiles: ₹422.14 lakh (Q1 FY27) vs ₹292.93 lakh (Q1 FY26)
- Real Estate: ₹92.83 lakh (Q1 FY27) vs ₹95.81 lakh (Q1 FY26)
- Less Interest: ₹351.93 lakh (Q1 FY27)
- Total Profit from operations before tax and exceptional items: ₹163.04 lakh (Q1 FY27)
Corporate Actions:
- 46th Annual General Meeting scheduled for Thursday, September 24, 2026 at 11:00 AM at registered office
- Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026 to Thursday, September 24, 2026 (both days inclusive)
- Cut-off date for determining shareholders entitled to vote: September 17, 2026 (end of day)
- No dividend declared in this announcement
Other Significant Information:
- Company has arrangement with vendors for purchasing raw materials and selling finished goods
- Bathinda land reclassified from fixed assets to inventory valued at fair value based on collector rate list
- Board has approved sale/transfer/disposal of land (26 Acre 6 Kanal 9 Marla) at Ludhiana Unit in one or more tranches
- Figures for previous periods regrouped/rearranged for comparability
- Financial results prepared in accordance with Indian Accounting Standards (IND AS)
Financial Ratios [Q1 FY27]:
- Debt Equity Ratio: 0.79
- Current Ratio: 1.58
- Long term debt to Working Capital: 1.73
- Total Debts to Total Assets: 0.31
- Debtors' Turnover: 6.23
- Inventory Turnover: 0.58
- Operating Margin: -2.14%
- Net Profit Margin: 2.68%