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

Income Statement (₹ in Lakhs):

  • Revenue from operations: ₹2,138.10
  • Total income: ₹2,143.41
  • Total expenditure: ₹2,013.27
  • Profit before tax: ₹130.14
  • Tax expense: ₹32.65 (Current tax: ₹23.72, Deferred tax: ₹8.93)
  • Profit for the period: ₹97.49
  • Earnings per share (basic and diluted): ₹3.86 (face value of ₹10 each)

Comparative Figures:

  • Half Year Ended September 30, 2025: Profit of ₹106.27 lakh
  • Year Ended March 31, 2026 (Audited): Profit of ₹196.65 lakh

Balance Sheet Position (As at September 30, 2026)

Equity and Liabilities (₹ in Lakhs):

  • Share capital: ₹252.36
  • Reserves and surplus: ₹998.49
  • Total equity: ₹1,250.85
  • Non-current liabilities: ₹51.06
  • Current liabilities: ₹733.65
  • Total equity & liabilities: ₹2,035.57

Assets (₹ in Lakhs):

  • Non-current assets: ₹387.88 (Property, plant and equipment: ₹384.44, Intangible assets: ₹3.44)
  • Current assets: ₹1,647.70 (Inventories: ₹86.97, Trade receivables: ₹1,369.89, Cash and cash equivalents: ₹31.19, Short-term loans & advances: ₹134.61, Other current assets: ₹25.04)
  • Total assets: ₹2,035.57

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

Cash Flows (₹ in Lakhs):

  • Operating activities: ₹71.48 (Cash generated from operations: ₹74.18, Income taxes paid: ₹2.70)
  • Investing activities: ₹246.07 (Purchase of property, plant & equipment: ₹56.32, Proceeds from sale/redemption of investments: ₹302.39)
  • Financing activities: ₹(304.46) (Repayment of short-term borrowings: ₹287.36, Interest paid: ₹23.56, Proceeds from long-term borrowings: ₹6.46)
  • Net increase in cash: ₹13.09
  • Cash and cash equivalents at beginning: ₹18.10
  • Cash and cash equivalents at end: ₹31.19

Notes to Financial Results

1. The unaudited financial results were reviewed by the Audit Committee and approved by the Board on November 13, 2026. Statutory auditors Maheshwari & Co. conducted a limited review and issued an unmodified conclusion.

2. Financial results prepared in accordance with Accounting Standard 25 and Regulation 33 of SEBI (LODR) Regulations, 2015.

3. Figures for Half Year Ended March 31, 2026 represent balancing figures between audited full-year figures and year-to-date figures of H1 FY26.

4. IPO Proceeds Utilization (₹ in Lakhs):

| Particulars | Proposed in Offer Document | Amount Utilized (up to Sept 30, 2026) | Unutilized Amount |

| Working Capital | 260.00 | 260.00 | - |

| General Corporate Purposes | 216.00 | 205.88 | 10.12 |

| Total | 476.00 | 465.88 | 10.12 |

Unutilized funds of ₹10.12 lakhs have been kept with Yes Bank in an Escrow Account.

5. The company is primarily engaged in mechanical splicing solutions for real estate, construction & infrastructure industry through designing, engineering and supplying rebar couplers. Segment-wise disclosure under AS-17 is not applicable.

6. Previous period figures have been regrouped/rearranged where necessary to conform to current period presentation.