Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Choksi Asia Ltd reported strong Q2 FY26 results with revenue from operations of ₹1,329.23 lakhs, up about 58% from ₹841.98 lakhs in Q2 FY25. Net profit after tax more than doubled to ₹134.65 lakhs (vs ₹65.02 lakhs), translating to EPS of ₹2.36 vs ₹1.14. For the half-year, revenue rose to ₹2,518.98 lakhs (vs ₹1,616.16 lakhs) while PAT grew to ₹242.08 lakhs (vs ₹218.31 lakhs). Total expenses climbed faster than revenue, with cost of materials and stock-in-trade purchases rising sharply. The auditor (Karia & Shah) issued an unqualified limited review report. Comparative figures were restated to give effect to the amalgamation of Choksi Asia Pvt Ltd with the company from April 1, 2023.
Sharp top-line and bottom-line growth in Q2 is positive for shareholders, but operating cash flow was negative ₹49.65 lakhs in H1 due to a spike in trade receivables, which is a yellow flag despite strong reported profits. Borrowings remain low and equity is healthy, so the overall picture is constructive but watch for working-capital strain.