Q2 results approved; 1,04,200 ESOP shares granted at board meeting
Board approved unaudited standalone results for the quarter and half year ended 30 September 2026, and a grant of ~1.04 lakh equity shares of face value Rs. 10/- under the Flomic ESOP Plan 2025.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 15565.43 | 11372.46 | +36.9% | 11999.77 | +29.7% |
| Total income | 15617.63 | 11401.43 | +37% | 12043.11 | +29.7% |
| Profit before tax | 608.65 | (77.62) | — | 273.17 | +123% |
| Profit after tax | 432.45 | (101.36) | — | 206.25 | +110% |
| Total comprehensive income | 429.67 | (107.20) | — | 203.47 | +111% |
| Basic EPS | 2.38 | (0.56) | — | 1.14 | +109% |
- Total income YoY growth
- +37%
- Period
- 30-Sep-26
Also decided at the meeting
- Approved grant of 1,04,200 Equity Shares of Face Value of Rs. 10/- under Flomic ESOP Plan 2025 to eligible grantees pursuant to exercise of stock options.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Revised leave encashment policy w.e.f. 01st April, 2026 resulted in reversal of employee benefit expenses of Rs. 28.69 Lakh in the quarter ended 30th June, 2026.
- During quarter ended 30 June 2026, the Company offered 4,02,850 equity shares under Flomic ESOP Scheme 2025; dilutive impact considered in Diluted EPS.
What the board approved
- Unaudited standalone financial results for the quarter and half year ended 30 September 2026, along with the auditor's limited review report.
- A grant of ~1.04 lakh equity shares of face value Rs. 10/- under the Flomic ESOP Plan 2025 to eligible grantees, pursuant to exercise of stock options granted under it.
- The meeting was held from 07:10 P.M. to 08:20 P.M.
Auditor's conclusion
Doogar & Associates reviewed the standalone statement under the Standard on Review Engagements (SRE) 2410. Its conclusion is that nothing came to its attention that causes it to believe the statement contains any material misstatement or omits disclosure required under Regulation 33. That is a clean limited review conclusion: no qualification, no emphasis of matter, no going-concern remark.
Results, quarter by quarter (standalone, Rs. in lakh)
- Revenue from operations: 15565.43 in Q2 FY27, against 11372.46 in Q2 FY26 and 11999.77 in Q1 FY27.
- Total income: 15617.63, against 11401.43 and 12043.11.
- Total expenses: 15008.98, against 11479.05 and 11769.94.
- Profit for the period: 432.45, against a loss of (101.36) in Q2 FY26 and a profit of 206.25 in Q1 FY27.
- Basic EPS 2.38 and diluted EPS 2.33 for Q2 FY27 (not annualised).
Half year and full year comparison
- H1 FY27: Revenue from operations 27565.20, Total income 27658.14, Profit for the period 638.71.
- H1 FY26: Revenue from operations 21510.22, Profit for the period (399.15).
- Year ended 31 March 2026: Revenue from operations 43172.65, Profit for the period 31.01.
Balance sheet (Rs. in lakh, as at 30 September 2026 vs 31 March 2026)
- Total assets: 23,554.78 vs 17,815.87.
- Trade receivables: 10,881.87 vs 5,895.82.
- Cash and cash equivalents: 174.17 vs 1,308.18.
- Current borrowings: 4,985.86 vs 2,208.14.
- Equity share capital 1,816.84 in both periods; other equity 3,531.41 vs 2,898.27.
Cash flow, six months ended 30 September (Rs. in lakh)
- Net cash used in operating activities: (1,804.88), against 1,960.15 generated in the same period a year earlier.
- Net cash used in investing activities: (190.82).
- Net cash from financing activities: 855.73.
- Closing cash and cash equivalents: 168.21, against 649.41.
Notes worth knowing
- The company operates in a single business segment, so segment-wise reporting is not applicable.
- During the quarter ended 30 June 2026, the company offered 4,02,850 equity shares under the Flomic ESOP Scheme 2025; the dilution is reflected in the diluted EPS.
- The leave encashment policy was revised with effect from 1 April 2026: maximum accumulation cut from 42 days to 30 days, and the basis of computation changed from gross salary to basic salary. This reduced the leave encashment liability and reversed employee benefit expenses of Rs. 28.69 Lakh in the June 2026 quarter.
What a retail shareholder can read from this
- Revenue from operations was higher than both the immediately preceding quarter and the same quarter a year earlier, and profit for the period was positive after a loss in the year-ago quarter.
- The higher revenue came alongside higher trade receivables and higher current borrowings; on the cash flow statement, operating activities used cash in H1 FY27.
- The ESOP grant adds to the share count over time, and the company states that ESOP dilution is factored into diluted EPS.
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30 Oct 2026
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30 Oct 2026
Flomic Global Logistics to host Q2 & H1 FY27 earnings conference call on 6 November 2026
29 Oct 2026
More numbers
- Revenue from operations, H1 FY27 (standalone)27565.20
- Profit for the period, H1 FY27 (standalone)638.71
- Equity shares granted under Flomic ESOP Plan 20251,04,200
- Face value per equity shareRs. 10/-
- Reversal of employee benefit expenses on leave encashment policy revisionRs. 28.69 Lakh
- Total income, latest quarter15617.63 (Rs. In Lakhs)
- Total income, year-ago quarter11401.43 (Rs. In Lakhs)
- Total income, previous quarter12043.11 (Rs. In Lakhs)
- Total comprehensive income, latest quarter429.67 (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter(107.20) (Rs. In Lakhs)
- Total comprehensive income, previous quarter203.47 (Rs. In Lakhs)
- Profit after tax, latest quarter432.45 (Rs. In Lakhs)
- Profit after tax, year-ago quarter(101.36) (Rs. In Lakhs)
- Profit after tax, previous quarter206.25 (Rs. In Lakhs)
- Revenue from operations, latest quarter15565.43 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter11372.46 (Rs. In Lakhs)
- Revenue from operations, previous quarter11999.77 (Rs. In Lakhs)
- Profit before tax, latest quarter608.65 (Rs. In Lakhs)
- Profit before tax, year-ago quarter(77.62) (Rs. In Lakhs)
- Profit before tax, previous quarter273.17 (Rs. In Lakhs)
- ESOP equity shares granted1,04,200 Equity Shares
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