The Board of Directors of Zenith Fibres Limited held a meeting on November 04, 2026 from 12:00 noon to 12:50 p.m. and approved the following matters:
1. Financial Results Approval
The Board approved the unaudited financial results for the second quarter and half year ended September 30, 2026. The financial statements were reviewed by the statutory auditors, Surendra Modiani & Associates, who issued a limited review report confirming compliance with Ind AS 34 and SEBI Listing Regulations.
2. Quarterly Financial Performance (Q2 FY27)
- Revenue from Operations: ₹1,836.44 lakh
- Other Income: ₹62.01 lakh
- Total Income: ₹1,898.45 lakh
- Profit Before Tax: ₹52.63 lakh
- Net Profit: ₹34.16 lakh
- Earnings Per Share (Basic and Diluted): ₹0.87
- Paid-up Equity Share Capital: ₹394.41 lakh (face value ₹10 each)
3. Half-Yearly Financial Performance (H1 FY27)
- Revenue from Operations: ₹3,381.30 lakh
- Other Income: ₹172.62 lakh
- Total Income: ₹3,553.92 lakh
- Profit Before Tax: ₹205.27 lakh
- Net Profit: ₹148.30 lakh
- Earnings Per Share (Basic and Diluted): ₹3.76
4. Segment-wise Performance (Half-Year Ended September 30, 2026)
- Manmade Fibre Segment Revenue: ₹3,360.64 lakh
- Renewable Energy Segment Revenue: ₹137.12 lakh
- Inter-segment Revenue Elimination: ₹116.46 lakh
- Segment Results: Manmade Fibre reported loss of ₹52.60 lakh before tax and interest, while Renewable Energy reported profit of ₹86.39 lakh
5. Balance Sheet Position (As of September 30, 2026)
- Total Assets: ₹6,651.88 lakh
- Non-Current Assets: ₹3,515.53 lakh (including Property, Plant & Equipment: ₹1,237.45 lakh, Investments: ₹509.96 lakh, Loans: ₹650.00 lakh)
- Current Assets: ₹3,138.35 lakh (including Inventories: ₹524.63 lakh, Trade Receivables: ₹258.13 lakh, Cash & Cash Equivalents: ₹190.82 lakh)
- Total Equity: ₹6,050.28 lakh
- Current Liabilities: ₹388.38 lakh
6. Cash Flow Statement (Half-Year Ended September 30, 2026)
- Net Cash Flow from Operating Activities: ₹(267.61) lakh
- Net Cash Flow from Investing Activities: ₹204.87 lakh
- Net Cash Flow from Financing Activities: ₹(1.14) lakh
- Cash and Cash Equivalents at end of period: ₹190.82 lakh
7. Land Purchase Approval
The Board approved the purchase of land from Ms. Kinjal Bhalavat for expansion purposes:
- Location: Village Tundav, Taluka Savli, District Vadodara, Gujarat
- Area: 8,009 square metres
- Survey/Block Numbers: 454/B, 454/A/1 and 454/A/2
- Estimated Consideration: ₹250 lakh plus applicable stamp duty, registration charges, and other incidental costs
- Purpose: Supports company's long-term expansion strategy and future growth requirements
- Transaction Status: Subject to finalization of terms and completion of legal/statutory formalities
- Relationship: Seller is an independent third party, not related to promoter/promoter group/group companies
- Disclosure: Made pursuant to SEBI (LODR) Regulations, 2015 and Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
8. Regulatory Compliance
The disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the company's website at www.zenithfibres.com.