Dharti Proteins531171Quarterly results

Board meeting outcome: audited standalone results, 1:1 bonus for public shareholders, tax auditor and RTA changes

Board approved audited standalone results for Q2/H1 FY27; auditor's opinion unmodified.

By ScoutQuest · Tue 13 Oct 2026, 7:33 PM IST · 3 min read

Standalone · ₹ lakh · EPS in ₹
Line item	Latest	Year ago	Prev qtr
Revenue from operations	285.13	—	—
Total income	599.63	0.20	0.06
Profit before tax	441.35	(0.42)	(14.28)
Profit after tax	337.24	(0.42)	(14.28)
Total comprehensive income	337.24	(0.42)	(14.28)
Basic EPS	67.45	(0.00)	(2.86)

Total income - Latest: 599.63 (figures in Lakhs)
Profit after tax - Latest: 337.24 (figures in Lakhs)
Profit after tax - Year ago: (0.42) (figures in Lakhs)
Period: Quarter Ended 30/09/2026 (Audited)

Also decided at the meeting

Recommended a 1:1 bonus issue (1 bonus equity share of Rs. 10/- each per share) to public shareholders (excluding Promoter Group) to meet minimum public shareholding, subject to Members' approval.
Appointed M/S J M Patel & Bros, Chartered Accountants, as Tax Auditor for FY 2026-27.
Approved change of RTA from System Support Services to Bigshare Services Private Limited.
Approved notice of EGM to be held on Friday, 06th November, 2026 via VC/OAVM to seek approval for the Bonus Issue.
Appointed Bigshare Services Private Limited as Remote E-Voting Agency for the EGM.
Appointed M/s. Dharti Patel & Associates, Practicing Company Secretaries, as Scrutinizer for the e-voting process.

Auditor's review

Conclusion: Unmodified

What the board approved

The board met on Tuesday, 13 October 2026 and approved the audited standalone financial results of the company for the quarter and half year ended September 30, 2026, along with the Interim Audit Report thereon. The auditor's opinion is unmodified, meaning the results were not qualified.

Standalone results at a glance

Figures are in Rs. in lakhs, as printed

Revenue from operations: 285.13 for the quarter ended 30/09/2026 and 285.13 for the six months ended 30/09/2026
Total Revenue: 599.63 for the quarter
Profit before tax: 441.35 for the quarter
Profit for the period: 337.24 for the quarter and 322.96 for the six months

What the auditor highlighted

The report lists a Key Audit Matter: during the period the company received a waiver of unsecured loan amounting to Rs. 314.50 lakhs from its Managing Director, who had advanced the said loan to the company, as per the approved resolution plan. The company recognised the amount of loan waived as other income in the Statement of Profit and Loss. The auditor considered this significant due to the material amount involved, the nature of the transaction with a related party and the resulting impact on reported financial performance. The opinion is not modified in respect of this matter.

Bonus issue recommendation

The board recommended an issue of bonus equity shares in the proportion of 1:1 — that is 1 (One) bonus equity share of Rs. 10/- each for every 1 (One) fully paid-up equity share held by public shareholders (except Promoter and Promoter Group), as on the record date. The stated purpose is to achieve compliance with the minimum public shareholding requirement mandated under rule 19A of the Securities Contracts (Regulation) Rules, 1957 read with regulation 38 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, subject to approval of the Members of the Company.

Other decisions taken

M/s J M Patel & Bros, Chartered Accountants approved as Tax Auditor of the company, as recommended by the Audit Committee, to conduct the tax audit and furnish the Tax Audit Report for the Financial Year 2026-27.
Change in Registrar & Transfer Agent (RTA) from System Support Services to Bigshare Services Private Limited. System Support Services will continue to serve as the company's RTA until completion of data transition, shifting of electronic connectivity and other related procedures, along with receipt of necessary confirmations/approval from NSDL, CDSL and other authority, if any.
Notice called for an Extra-Ordinary General Meeting of the members to be held on Friday, the 06th day of November, 2026, through video conferencing and/or other audio-visual means, to seek shareholders' approval for the bonus issue.
Bigshare Services Private Limited appointed as Remote E-Voting Agency for resolutions proposed to be passed at the Extra Ordinary General Meeting.
M/s. Dharti Patel & Associates, Practicing Company Secretaries, appointed as Scrutinizer for conducting the e-voting process.

The board meeting commenced at 03:00 P.M. and concluded at 05:00 P.M.

What to keep in mind

The bonus issue is a recommendation of the board; it is subject to the approval of the Members at the Extra-Ordinary General Meeting called for 06 November 2026.
The bonus is proposed for public shareholders (except Promoter and Promoter Group), in line with the stated objective of meeting the minimum public shareholding requirement.
The quarter's result includes other income of Rs. 314.50 lakh arising from the Managing Director's loan waiver, which the auditor reported as a Key Audit Matter.

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