Revised outcome attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited standalone financial results for Q2 FY26 (quarter ended Sept 30, 2025) and H1 FY26, along with a clean Limited Review Report from auditor K.S. Shah & Co. H1 FY26 profit after tax nearly doubled to Rs. 189.23 lacs (EPS Rs. 0.83) compared to Rs. 94.76 lacs in H1 FY25 — a growth of roughly 100%. Q2 FY26 PAT came in at Rs. 84.78 lacs (EPS Rs. 0.46), up about 28% from Rs. 65.98 lacs in Q2 FY25. Operating cash flow swung sharply positive to Rs. 763.37 lacs for H1 FY26 versus negative Rs. 336.89 lacs for FY25. The company also allotted 31.45 lakh convertible warrants at Rs. 70 each (total issue size Rs. 22.02 crores) on Sept 26, 2025, receiving Rs. 5.505 crores (25%) as upfront subscription, with the audit committee noting no deviation in use of proceeds.
Strong PAT growth and a reversal to positive operating cash flow are positive signals for shareholders, though the small absolute scale of profits and significant related party lending to associate concerns (Expo Project Engg. Services, Expo India Agencies) warrant attention. Full conversion of the recently allotted warrants would lead to equity dilution, and any sustained revenue weakness could pressure margins going forward.