Outcome of Board Meeting Held on November 7, 2025
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Awaiting price reaction for this filing.
Chandra Prabhu International's board approved unaudited Q2/H1 FY26 results. Revenue from operations for H1 FY26 stood at Rs. 35,209 lakhs, down ~18% from Rs. 42,869 lakhs in H1 FY25, with the sharp drop driven by the Coal division (H1 FY26 loss of Rs. 826.66 lakhs vs Rs. 286.69 lakhs loss in H1 FY25). The company reported a net loss of Rs. 324.56 lakhs for H1 FY26, widening sharply from a loss of Rs. 80.80 lakhs a year ago, though Q2 FY26 alone swung to a small profit of Rs. 81.57 lakhs. Results were supported by an exceptional gain of Rs. 270.22 lakhs from the sale of land in Muzaffarnagar. The company also issued bonus shares in a 1:2 ratio (92.45 lakh shares) on September 29, 2025, raising equity capital to Rs. 554.70 lakhs. Operating cash flow turned positive at Rs. 1,658 lakhs for H1 FY26 versus an outflow of Rs. 530 lakhs in FY25, while short-term borrowings were pared down to Rs. 6,283 lakhs.
Mixed-to-negative for shareholders: core operations (especially Coal) have deteriorated with widening losses and double-digit revenue decline, but the company has used the land sale and working capital release to strengthen liquidity, repay debt, and reward shareholders via bonus shares. Short-term stock reaction may be muted given weak core earnings despite the cosmetic Q2 profit and exceptional item boost.