BSEMishtann Foods LtdMinimalNeutral
Announced Thu, 13 Nov · 12:50 IST

The Newspaper Publication for the Un-Audited Standalone and Consolidated financial results for the quarter and half year September 30, 2025.

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mishtann Foods has published its Q2 FY26 and H1 FY26 (ended September 30, 2025) unaudited results in Financial Express (English and Gujarati). On a standalone basis, revenue dropped to Rs. 6,911.65 lakhs in Q2 FY26 from Rs. 8,093.25 lakhs a year ago, a roughly 15% decline, while standalone profit after tax fell sharply to Rs. 100.38 lakhs from Rs. 206.00 lakhs. For H1 FY26, standalone revenue plunged to Rs. 13,990.56 lakhs from Rs. 20,329.89 lakhs in H1 FY25, a ~31% drop, with profit after tax down to Rs. 194.59 lakhs from Rs. 331.73 lakhs. On a consolidated basis, however, the picture is very different: Q2 FY26 consolidated revenue was Rs. 38,646.82 lakhs and profit after tax was Rs. 9,544.62 lakhs, and H1 FY26 consolidated profit after tax reached Rs. 17,810.90 lakhs, indicating that almost all the group's earnings come from subsidiaries or associates. Importantly, the statutory auditor issued a modified report (qualified opinion) on the results, and 2.96 crore convertible warrants lapsed with the upfront amount forfeited and moved to Capital Reserves.

Likely market impact

Mixed for shareholders: standalone core business is clearly weakening with sharply lower revenue and profits, but consolidated numbers remain strong because subsidiary income props up the bottom line. The qualified auditor opinion and the lapse/forfeiture of warrants are negatives that warrant closer scrutiny before drawing comfort from the consolidated figures.