Board recommends 1:1 bonus for public shareholders; Q2FY27 profit Rs. 337.24 lakh; tax auditor appointed
Board meeting held on 13 Oct 2026 approved the audited standalone results for the quarter and half year ended 30 Sep 2026, with an unmodified audit report.
By ScoutQuest · · 3 min read
- Q2FY27 Profit
- Rs. 337.24 lakh
- Bonus Ratio
- 1 bonus equity share of Rs. 10/- each for every 1 share held by public shareholders
- EPS (Basic and Diluted)
- 67.45
Board meeting of 13 October 2026: what was decided
- The audited standalone financial results for the quarter and half year ended 30 September 2026 were noted and approved, along with the Interim Audit Report carrying an unmodified opinion.
- A bonus issue was recommended in the proportion of 1:1, that is 1 bonus equity share of Rs. 10/- each for every 1 fully paid-up equity share held by public shareholders (except Promoter and Promoter Group), as on the record date.
- M/s J M Patel & Bros, Chartered Accountants, were approved as Tax Auditor for FY 2026-27 to conduct the tax audit and furnish the Tax Audit Report.
Bonus issue: the terms
The recommended bonus is stated to be for achieving 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 Requirements) Regulations, 2015. It applies to public shareholders, excluding the Promoter and Promoter Group, and is subject to approval of the Members. An Extra-Ordinary General Meeting is called for Friday, the 06th day of November, 2026 through video conferencing and other audio-visual means to seek shareholders' approval for the bonus issue. Bigshare Services Private Limited has been appointed as Remote E-Voting Agency, and M/s. Dharti Patel & Associates, Practicing Company Secretaries, as Scrutinizer for the e-voting process.
Quarter and half year numbers (standalone, Rs. in lakhs)
- Revenue from operations: 285.13
- Other income: 314.50
- Total revenue: 599.63
- Total expenses: 158.28
- Profit before tax: 441.35
- Tax expense: 104.11
- Profit for the period: 337.24
- Basic and diluted EPS: 67.45
For the six months ended 30 September 2026, profit for the period was 322.96 and basic and diluted EPS was 64.59.
Where the other income came from
The auditor's report lists as a Key Audit Matter a waiver of unsecured loan amounting to Rs. 314.50 lakhs received from the Managing Director, who had advanced the loan to the company as per the approved resolution plan. The company has recognised the amount of loan waived as other income in the Statement of Profit and Loss for the period. The auditor states that the opinion is not modified in respect of this matter.
Balance sheet as at 30 September 2026 (Rs. in lakhs)
- Total assets: 349.20, against 72.30 as at 31 March 2026
- Equity share capital: 50.00 (face value of Rs. 10/- each), against 50.00
- Other equity: 09.34, against -313.62
- Non-current borrowings: 40.00, against 334.11
- Cash and cash equivalents: 09.63, against 03.29
- Trade receivables: 285.13, against 00.00
Cash flow for the period ended 30 September 2026 (Rs. in lakhs)
- Net cash outflow from operating activities: 14.11
- Net cash inflow from financing activities: 20.39
- Net increase in cash and cash equivalents: 06.34
- Cash and cash equivalents at the end of the period: 09.64
Other changes approved
The Registrar and Transfer Agent of the company changes from System Support Services to Bigshare Services Private Limited. System Support Services will continue to serve as the RTA until completion of data transition, shifting of electronic connectivity and other related procedures, along with receipt of necessary confirmations or approvals from NSDL, CDSL and other authority. The company states the formalities, including documentation, execution of agreement, shifting of electronic connectivity and transition of data, will be done in due course.
Points a retail reader may note
- The bonus issue is recommended for public shareholders only, excluding the Promoter and Promoter Group, and its stated purpose is meeting the minimum public shareholding requirement. It will take effect only after Member approval at the EGM on 06 November 2026 and the record date fixed for the purpose.
- A large part of the quarter's other income of 314.50 lakhs is the Managing Director's unsecured loan waiver, which the auditor has identified as a key audit matter while keeping the opinion unmodified.
- Alongside the results, the board has changed the tax auditor and the Registrar and Transfer Agent, the latter taking effect after data transition and the necessary confirmations and approvals.
Also from Dharti Proteins
Outcome of the 4th Implementation and Monitoring Committee meeting
15 Oct 2026
1:1 bonus issue for public shareholders to meet minimum public shareholding; EGM on November 6, 2026
13 Oct 2026
Bonus issue 1:1 for public shareholders, audited Q2 FY27 results and RTA change
13 Oct 2026
More numbers
- Profit for the period, Q2 FY27 (Rs. in lakhs)337.24
- Total revenue, Q2 FY27 (Rs. in lakhs)599.63
- Basic/diluted EPS, Q2 FY27 (Rs.)67.45
- Paid up equity share capital (Rs. in lakhs)50.00
- Unsecured loan waived by Managing DirectorRs. 314.50 lakhs
- Bonus issue proportion1:1
- Face value of each bonus equity shareRs. 10/-
- Total assets as at 30 September 2026 (Rs. in lakhs)349.20
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