1. the unaudited financial results of Golkonda Aluminium extrusions limited For the quarter & half year ended duly approved. 2. Limited Review Report issued by the statutory auditor ....
Awaiting price reaction for this filing.
Golkonda Aluminium Extrusions Limited submitted its unaudited financial results for Q2 FY26 (quarter ended 30-Sep-2025) and H1 FY26, approved by the Board on 8-Nov-2025. Revenue from operations for Q2 FY26 was ₹18.58 lakhs, sharply higher than ₹5.13 lakhs in Q2 FY25 (about 262% YoY growth), while H1 FY26 revenue stood at ₹36.40 lakhs vs ₹20.54 lakhs in H1 FY25 (~77% growth). Profit after tax for Q2 FY26 was ₹4.71 lakhs (vs ₹3.53 lakhs) and for H1 FY26 was ₹21.32 lakhs (vs ₹14.76 lakhs), translating to basic EPS of ₹0.40 for the half year (vs ₹0.28 earlier). The Limited Review Report by VRSK & Associates includes an 'Emphasis of Matter' paragraph. The balance sheet is striking: current borrowings of about ₹250 crores (₹2,50,000 lakhs) sit against total equity of just ₹8.4 crores (₹839.56 lakhs), indicating an extremely high leverage.
While the company shows triple-digit revenue growth off a very small base, shareholders should note the very thin absolute profit base and an alarming debt-to-equity mismatch — borrowings are roughly 30 times equity — which is a significant financial risk flag. The auditor's emphasis of matter paragraph is also worth monitoring, even though the review opinion itself is not qualified.