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BSED & H India Ltd-$· Industrial ManufacturingHighNeutral
Announced Wed, 12 Nov, 2025 · 15:59 IST

The Board of Director of the Company considered and approve the Un-Audited Standalone and Consolidated Financial Results along with Review reports for the Quarter/Half Year ended on 30th ....

Revenue growth above 20%Profit growth above 25%EBITDA margin expansionNegative operating cash flowDebt to equity above the thresholdResults View source PDFExplain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close
+5.2%Reaction day
₹147.10
prior close
₹148.35
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.3% vs market
Industrial Products peers, median of 117sector-0.6%+5.7% vs sector

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 5.7 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 117Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

D & H India Limited, a welding electrodes and consumables manufacturer, reported strong growth for Q2 FY26 and H1 FY26. Standalone revenue from operations rose to Rs. 6,561.71 lacs in Q2 FY26 vs Rs. 5,031.29 lacs in Q2 FY25, a ~30% jump. Half-year revenue grew ~25% to Rs. 11,851.92 lacs vs Rs. 9,478.10 lacs in H1 FY25. Profit after tax (standalone) more than doubled in H1 to Rs. 291.77 lacs from Rs. 144.97 lacs, with Q2 PAT at Rs. 157.69 lacs vs Rs. 65.13 lacs a year ago. Half-year EPS stood at Rs. 3.54 (vs Rs. 1.81). Total expenses rose in line with revenue growth, but EBITDA margin expanded modestly from ~6.3% to ~6.8%. The auditor (M/s ABN & Co.) issued an unmodified limited review report on both standalone and consolidated results, though it noted that comparative figures were not reviewed.

Likely market impact

Positive read for shareholders — top-line growth above 20% and PAT growth over 100% in H1 FY26 signal improving operating performance. However, the company's operating cash flow remains negative (Rs. -341.21 lacs in H1) and total borrowings of Rs. 6,683 lacs push the debt/equity ratio to about 1.35x, which investors should monitor.