Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September 2026 (Q2 FY26 / H1 FY26)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 & 33

Date of Board Meeting / Approval: 13th November 2026

Meeting Timings: Commenced at 11:30 A.M., Concluded at 04:30 P.M.

Audit Opinion: Unqualified. The statutory auditors, Ashok Kumar Goyal & Co., issued a clean limited review report.

Auditor’s Comment: The auditors confirmed that nothing has come to their attention to believe that the accompanying statement contains any material misstatement and that it is prepared in accordance with Ind AS 34 and complies with SEBI LODR requirements.

Key Financial Highlights [Amounts in Indian Rupees Lacs]

Standalone Results:

For the quarter ended 30th September 2026:

  • Revenue from Operations (Net): ₹35,780.72 (Q2 FY25: ₹28,176.28 | YoY Growth: ~27%)
  • Total Income: ₹35,859.43
  • Profit before Tax: ₹364.62
  • Tax Expense: ₹92.17 (Current Tax: ₹121.21, Deferred Tax Credit: ₹(29.04))
  • Net Profit: ₹272.45
  • EPS (Basic & Diluted): ₹1.44

For the half year ended 30th September 2026:

  • Revenue from Operations (Net): ₹65,149.41 (H1 FY25: ₹51,271.79 | YoY Growth: ~27%)
  • Total Income: ₹65,257.78
  • Profit before Tax: ₹626.14
  • Tax Expense: ₹160.75 (Current Tax: ₹222.19, Deferred Tax Credit: ₹(61.45))
  • Net Profit: ₹465.39
  • EPS (Basic & Diluted): ₹2.45

Standalone Balance Sheet as at 30th September 2026:

  • Total Assets: ₹56,069.52 (31-Mar-2026: ₹43,905.74)
  • Property, Plant and Equipment: ₹15,754.57
  • Capital work-in-progress: ₹2,665.43
  • Inventories: ₹17,809.70
  • Trade receivables: ₹8,857.24
  • Cash and cash equivalents: ₹958.22
  • Total Equity: ₹20,168.63 (Equity Share Capital: ₹1,896.24, Other Equity: ₹18,272.38)
  • Total Liabilities: ₹35,900.89

Standalone Cash Flow for H1 FY26:

  • Net cash from operating activities: ₹(2,571.31)
  • Net cash used in investing activities: ₹(2,228.76)
  • Net cash from financing activities: ₹5,564.64
  • Net increase in cash: ₹764.56

Consolidated Results:

The consolidated results for the quarter and half year ended 30th September 2026 are identical to the standalone results. This is because the new subsidiary, Viyom Steel Infra Private Limited, incurred expenditures that were fully capitalized as Capital Work-in-Progress (CWIP) in accordance with Ind AS 23, and thus had no impact on the consolidated Statement of Profit and Loss for the period.

Segment-wise Performance:

The company has only one reportable operating segment as per IND AS 108: manufacturing of ERW Pipes, GI Pipes, Crash Barriers, Transmission Line Towers, and Octagonal Poles.

Corporate Actions:

Not Specified

Other Significant Information:

Subsidiary Update: The company incorporated a wholly-owned subsidiary, Viyom Steel Infra Private Limited, on 17th June 2026. For the period ended 30th September 2026, the subsidiary incurred borrowing costs of ₹25.22 Lacs, purchased materials worth ₹176.49 Lacs, and incurred other expenses of ₹2.106 Lacs. All these expenditures have been fully capitalized as Capital Work-in-Progress (CWIP), resulting in no expense charged to the Profit and Loss statement. Consequently, the standalone and consolidated results are identical.