Summary of Key Information:

Reporting Period: Quarter and half year ended September 30, 2026 (Q2 FY27, H1 FY27)

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

Audit Opinion:

Clean (Unmodified) - Limited Review Report states nothing has come to their attention that causes them to believe the financial results contain any material misstatement.

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue From Operations: ₹6,841.9 lakhs (41.8% increase YoY from ₹4,825.6 lakhs in Q2 FY26)
  • Other Income: ₹792.7 lakhs
  • Total Income: ₹6,921.2 lakhs
  • Net Profit: ₹850.8 lakhs (7.9% increase YoY from ₹788.5 lakhs in Q2 FY26; 6.7% decrease QoQ from ₹912.2 lakhs in Q1 FY27)
  • EPS: ₹84.10 (basic and diluted)

Half Year Ended September 30, 2026:

  • Revenue From Operations: ₹12,279.8 lakhs (35.5% increase YoY from ₹9,061.4 lakhs in H1 FY26)
  • Other Income: ₹495.4 lakhs
  • Total Income: ₹12,775.1 lakhs
  • Net Profit: ₹1,763.1 lakhs (11.3% increase YoY from ₹1,583.9 lakhs in H1 FY26)
  • EPS: ₹174.26 (basic and diluted)

Comparative Annual Data (Audited):

Year Ended March 31, 2026:

  • Revenue From Operations: ₹21,536.9 lakhs
  • Other Income: ₹665.4 lakhs
  • Total Income: ₹22,202.2 lakhs
  • Net Profit: ₹3,053.8 lakhs
  • EPS: ₹301.85 (basic and diluted)

Expenses Analysis:

Quarter Ended September 30, 2026:

  • Cost of materials consumed: ₹5,247.7 lakhs
  • Employee benefits expense: ₹186.9 lakhs
  • Finance costs: ₹43.4 lakhs
  • Depreciation and amortization expense: ₹37.8 lakhs
  • Other expenses: ₹389.6 lakhs

Other Equity:

As at September 30, 2026: ₹18,568.1 lakhs (Unaudited)

As at March 31, 2026: ₹17,816.9 lakhs (Audited)

Cash and Cash Equivalents:

As at September 30, 2026: ₹219.2 lakhs (Unaudited)

As at March 31, 2026: ₹731.0 lakhs (Audited)

Debt:

No significant debt disclosed. Finance costs are minimal at ₹43.4 lakhs for the quarter.

Segment-wise Performance:

The company operates in only one segment: Electrical Transformers.

Corporate Actions:

Dividend: Interim dividend declared (amount not specified in financial results, but cash flow statement shows dividend paid of ₹10,113.00 lakhs for H1 FY27)

Other Significant Information:

Balance Sheet Highlights as at September 30, 2026:

  • Property, Plant and Equipment: ₹1,410.0 lakhs
  • Capital work-in-progress: ₹1,716.1 lakhs (significant increase from ₹1,084.5 lakhs as at March 31, 2026)
  • Investments: ₹9,841.6 lakhs (Non-current) + ₹356.1 lakhs (Current)
  • Inventories: ₹5,454.0 lakhs (increase from ₹3,896.6 lakhs as at March 31, 2026)
  • Trade receivables: ₹2,359.1 lakhs

Cash Flow Statement Highlights for H1 FY27:

  • Net cash from operating activities: ₹1,243.7 lakhs
  • Net cash used in investing activities: ₹(728.1) lakhs (primarily due to purchase of property, plant and equipment of ₹895.9 lakhs)
  • Net cash used in financing activities: ₹(1,027.3) lakhs (primarily dividend payments of ₹1,011.3 lakhs)
  • Net decrease in cash and cash equivalents: ₹(511.8) lakhs