Announced Thu, 13 Nov · 18:25 IST

Outcome of Board of Directors meeting

Revenue Growth 20pctPat Growth 25pctEbitda Margin CompressionNegative Operating CashflowResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board approved unaudited financial results for the quarter and half year ended September 30, 2025. Revenue from operations for Q2 FY26 grew about 58.7% year-on-year to Rs 1,495.63 lakhs, while H1 FY26 revenue rose around 53.3% to Rs 3,146.88 lakhs, driven by both the Construction and Manufacturing segments. Net profit for the quarter climbed roughly 31% year-on-year to Rs 68.77 lakhs (EPS Rs 0.40), taking H1 profit after tax to Rs 122.50 lakhs (EPS Rs 0.71, vs Rs 0.58 earlier). However, operating margin slipped to 8.29% from 9.90% a year ago, and operating cash flow turned negative at Rs -121.91 lakhs for H1 (vs a Rs 849.86 lakh inflow last year). Debt-equity ratio remains comfortable at 0.15.

Likely market impact

Strong revenue growth is a positive for the stock, but margin compression and the swing to negative operating cash flow flag working-capital stress and weaker earnings quality. Shareholders should track whether margins and cash flows normalise in the coming quarters before taking the revenue strength at face value.