Financial Results Highlights (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹10,005.96 lakhs (compared to ₹6,828.57 lakhs in H1 FY25)
  • Other Income: ₹77.69 lakhs
  • Total Income: ₹10,083.65 lakhs
  • Total Expenses: ₹8,686.67 lakhs
  • Profit Before Tax: ₹1,396.98 lakhs
  • Tax Expense: ₹357.62 lakhs (Current tax: ₹357.28 lakhs, Deferred tax: ₹0.34 lakhs)
  • Net Profit: ₹1,039.36 lakhs
  • Earnings Per Share (Basic): ₹6.26
  • Earnings Per Share (Diluted): ₹6.26

Balance Sheet Position (As at September 30, 2026)

  • Paid-up Equity Share Capital: ₹1,661.10 lakhs (Face Value ₹10 each)
  • Reserves & Surplus: ₹4,608.48 lakhs
  • Total Shareholders' Funds: ₹6,269.58 lakhs
  • Total Assets: ₹7,182.18 lakhs
  • Cash and Cash Equivalents: ₹953.48 lakhs
  • Other Bank Balances: ₹1,949.58 lakhs

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Cash from Operating Activities: ₹1,208.32 lakhs
  • Cash used in Investing Activities: ₹3,420.84 lakhs
  • Cash from Financing Activities: ₹2,479.06 lakhs
  • Net Increase in Cash: ₹266.54 lakhs

IPO Details and Fund Utilization

The company completed its Initial Public Offer (IPO) comprising a fresh issue of 39,87,200 equity shares of face value ₹10 each at a premium of ₹67 per share, aggregating to ₹3,070.14 lakhs. The IPO was listed on BSE SME Platform on May 27, 2026.

Utilization of IPO proceeds as of September 30, 2026:

  • Capital Expenditure for banquet and fine dine restaurant: ₹73.67 lakhs utilized (₹1,108.81 lakhs unutilized)
  • Capital Expenditure for centralized kitchen: ₹100.92 lakhs utilized (₹325.68 lakhs unutilized)
  • Capital Expenditure for new cloud kitchen: ₹177.12 lakhs utilized (₹316.34 lakhs unutilized)
  • Capital Expenditure for upgradation of existing cloud kitchen: ₹7.79 lakhs utilized (₹222.07 lakhs unutilized)
  • General Corporate Expenses: ₹330.03 lakhs fully utilized
  • Total IPO proceeds utilized: ₹689.53 lakhs
  • Unutilized funds: ₹1,972.90 lakhs invested in fixed deposits and current accounts

Auditor Review

Raj Gupta & Co., Chartered Accountants (Firm Registration No.: 000203N) conducted a limited review of the financial results and issued an unmodified opinion, stating that nothing came to their attention causing them to believe the statement contains any material misstatement.

Notes to Financial Results

  • The company is engaged in a single business segment (restaurant/food services)
  • Financial results prepared in accordance with Accounting Standard 25 (Interim Financial Reporting)
  • The Noida cloud kitchen outlet was established instead of the Ghaziabad location specified in the prospectus, approved by Board on June 12, 2026
  • Unutilized IPO proceeds of ₹2,049.27 lakhs are held in fixed deposits and current accounts with HDFC Bank