As attached

Negative operating cash flowRevenue declinedResults View source PDF Explain this filing

Price

Loading chart…

▲ 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

-2.6%Reaction day

₹12.35

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.5% vs market

Residential, Commercial Projects peers, median of 54sector-0.5%-2.1% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.1 pts less than its Residential, Commercial Projects 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

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-0.1-2.5-0.5-2.1

Next day

+0.7+0.5+0.2-0.9+1.6

-0.7-0.3-0.4-0.6-0.2

-3.4-0.5-2.9-0.5-2.9

-2.8-0.8-2.0-1.4-1.4

-3.0-2.3-0.7-2.3-0.7

-5.3-2.8-2.5-1.8-3.5

15d

-5.6-4.9-0.7-4.2-1.4

-5.1-4.7-0.4-2.3-2.8

-16.0-7.7-8.2-6.4-9.6

-19.0-7.8-11.2-9.7-9.3

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 54Pending

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

AI summary

The Board approved standalone unaudited financial results for the quarter and half-year ended September 30, 2025. Total operating revenue for H1 FY26 came in at around Rs. 6,659 lakhs against about Rs. 9,030 lakhs in H1 FY25 — a YoY decline of roughly 26%. Profit before tax before extraordinary items was Rs. 294.42 lakhs and net profit was Rs. 209.45 lakhs for the half-year, compared with Rs. 228.51 lakhs in H1 FY25. Cash flow from operations turned negative at Rs. (103.96) lakhs and cash on hand fell sharply from Rs. 432.84 lakhs at end-FY25 to just Rs. 104.79 lakhs. Inventories ballooned from Rs. 6,790 to Rs. 8,737 lakhs and trade payables rose from Rs. 3,265 to Rs. 4,219 lakhs, signalling working capital stress. Statutory auditor MAAK & Associates issued a clean limited review report with no qualifications.

Likely market impact

A sharp revenue dip combined with negative operating cash flow and a much lower cash balance raises near-term liquidity and working-capital concerns for shareholders. Clean auditor review and positive PAT offer some comfort, but inventory build-up will need to be watched closely.