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BSEHaria Apparels Ltd· Textiles & ApparelsHighNeutral
Announced Fri, 14 Nov, 2025 · 23:33 IST

We are enclosing herewith unaudited financial results for the quarter ended 30th September 2025.

Revenue growth above 20%Profit growth above 25%Debt to equity above the thresholdResults View source PDFExplain this filing

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

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Other Textile Products peers, median of 177sector+0.0%-0.3% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Haria Apparels Ltd filed its unaudited Q2 FY26 results (quarter ended 30 September 2025), reviewed (without qualification) by statutory auditor M/s Rakchamps & Co LLP. Revenue from operations for the quarter was ₹335.27 lacs versus ₹96.62 lacs in the preceding quarter, showing strong sequential growth. Net profit for Q2 FY26 stood at ₹20.30 lacs (versus ₹32.24 lacs in Q1 FY26), while half-yearly PAT surged to ₹52.54 lacs from ₹24.90 lacs in H1 FY25 — more than doubling year-on-year. Earnings per share for H1 FY26 was ₹0.34 versus ₹0.16 in H1 FY25. Despite the profit growth, the balance sheet shows deeply negative other equity (reserves) of ₹(863.54) lacs, reflecting large accumulated losses, and non-current borrowings jumped nearly four-fold from ₹49.86 lacs to ₹201.31 lacs during the half-year. Operating cash flow was healthy at ₹313.40 lacs.

Likely market impact

The strong YoY profit growth and positive cash generation are encouraging signs, but the deeply eroded shareholder reserves and sharp rise in debt signal underlying balance-sheet weakness. Retail investors should view this as a mixed picture — improving operations but fragile equity base — and watch whether revenue momentum and debt levels stabilize in coming quarters.