Vishal Bearings Q2 Net Profit ₹6.84 Lacs

Vishal Bearings Limited held a Board of Directors meeting on November 05, 2026, at its Registered Office, which commenced at 11:30 AM and concluded at 12:30 PM. The Board approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights (Quarter Ended September 30, 2026)

Revenue from Operations: Net Sales/Income from Operations stood at ₹2,539.39 lacs
Other Income: ₹23.53 lacs
Total Revenue: ₹2,562.92 lacs
Expenses: Total expenses were ₹2,559.42 lacs, comprising:
Cost of Material Consumed: ₹1,555.30 lacs
Change in Inventories: ₹58.99 lacs
Employees Benefit Expenses: ₹283.37 lacs
Finance Costs: ₹150.73 lacs
Depreciation and amortization: ₹179.67 lacs
Other Expenses: ₹331.37 lacs
Profit Before Tax: ₹3.50 lacs
Tax Expenses: Deferred tax benefit of ₹(3.34) lacs
Net Profit for the Quarter: ₹6.84 lacs
Other Comprehensive Income: Net loss of ₹(0.50) lacs
Total Comprehensive Income: ₹6.34 lacs
Earnings Per Share (Basic and Diluted): ₹0.06

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

Revenue from Operations: Net Sales/Income from Operations stood at ₹4,804.43 lacs
Other Income: ₹26.72 lacs
Total Revenue: ₹4,831.15 lacs
Expenses: Total expenses were ₹4,915.17 lacs
Profit Before Tax: Loss of ₹(84.02) lacs
Tax Expenses: Deferred tax benefit of ₹(9.63) lacs
Net Loss for the Half Year: ₹(74.40) lacs
Other Comprehensive Income: Net gain of ₹32.36 lacs
Total Comprehensive Loss: ₹(42.03) lacs
Earnings Per Share (Basic and Diluted): ₹(0.39)

Comparative Performance

Quarterly Comparison (Q2 FY27 vs Q2 FY26):

Revenue increased from ₹2,182.35 lacs to ₹2,562.92 lacs
Net Profit decreased from ₹177.73 lacs to ₹6.84 lacs
EPS decreased from ₹1.56 to ₹0.06

Half-Year Comparison (H1 FY27 vs H1 FY26):

Revenue increased from ₹4,428.98 lacs to ₹4,831.15 lacs
Net Profit turned to loss of ₹(74.40) lacs from profit of ₹10.29 lacs
EPS turned negative from ₹0.22 to ₹(0.39)

Balance Sheet Position (as at September 30, 2026)

Total Assets: ₹11,329.63 lacs (vs ₹11,199.65 lacs as at March 31, 2026)
Non-Current Assets: ₹4,525.59 lacs, including:
Property, Plant & Equipment: ₹3,617.14 lacs
Capital Work-in-progress: ₹497.74 lacs
Right of Use of Assets: ₹115.34 lacs
Investments: ₹230.10 lacs
Other Non-Current Assets: ₹55.15 lacs
Deferred tax Assets: ₹10.12 lacs
Current Assets: ₹6,804.04 lacs, including:
Inventories: ₹4,757.83 lacs
Trade receivables: ₹1,585.61 lacs
Cash and cash equivalents: ₹2.74 lacs
Bank balances other than cash: ₹296.06 lacs
Short-term loans and advances: ₹161.80 lacs
Equity: ₹3,194.80 lacs
Equity Share Capital: ₹1,079.10 lacs
Reserves and surplus: ₹2,115.70 lacs
Non-Current Liabilities: ₹3,785.31 lacs
Borrowings: ₹3,648.60 lacs
Other Non-Current Liabilities: ₹136.71 lacs
Current Liabilities: ₹4,349.52 lacs
Short-term borrowings: ₹2,905.86 lacs
Trade payables: ₹1,335.87 lacs
Provisions: ₹23.35 lacs
Other Current Liabilities: ₹84.44 lacs

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

Net Cash from Operating Activities: ₹(45.59) lacs
Net Cash from Investing Activities: ₹(150.41) lacs
Net Cash from Financing Activities: ₹298.08 lacs
Net Increase in Cash & Cash Equivalents: ₹102.09 lacs
Closing Cash & Cash Equivalents: ₹298.80 lacs

Additional Information

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
Statutory auditors Anil Parekh & Co. conducted a limited review of the financial results
The company operates in a single segment: Manufacturing and selling of Bearings Rollers and allied activities
No investor complaints were pending or received during the quarter
The financial results will be published in newspapers as per Regulation 47(1)(b) of SEBI LODR
The results are available on the company website www.vishalbearings.com and BSE website www.bseindia.com