Hy-Tech Engineers544891Quarterly results
Board approves Q2/H1 FY27 standalone results; Shilpa Joshi appointed Additional Independent Director
Board meeting on November 04, 2026 approved the unaudited (standalone) financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Total income | 612.55 | 509.15 | +20.3% | 436.09 | +40.5% |
| Profit before tax | 115.36 | 92.71 | +24.4% | 61.13 | +88.7% |
| Profit after tax | 85.02 | 68.90 | +23.4% | 45.98 | +84.9% |
| Total comprehensive income | 84.00 | 68.94 | +21.8% | 46.64 | +80.1% |
| Basic EPS | 0.97 | 0.82 | +18.3% | 0.55 | +76.4% |
- Total income YoY growth
- +20.3%
- Period
- Sept 30, 2026
Also decided at the meeting
- Appointed Mrs. Shilpa Joshi (DIN: 09775615) as Additional Independent Director for 5 years from November 4, 2026 to November 4, 2031, subject to shareholders' approval by postal ballot.
Auditor's review
Conclusion: Unmodified
- Comparative results for the quarter and half year ended September 30, 2025 were compiled by Management and not audited or reviewed by the auditor; conclusion not modified in this respect.
Notes to the results
- During the quarter the Company completed its IPO of 25,610,204 equity shares at Rs. 53 per share: fresh issue of 11,320,754 shares (Rs. 600.00 million) and OFS of 14,289,450 shares (Rs. 757.34 million).
- Net IPO proceeds after issue expenses of Rs. 87.66 million are Rs. 512.34 million; Rs. 269.27 million utilised and Rs. 330.73 million unutilised up to Sept 30, 2026, with no deviation.
- Results for the quarter and half-year ended September 30, 2025 were compiled by management and not subjected to limited review or audit.
Results plus a board change in one update
- The board approved the unaudited (standalone) financial results for the quarter and half year ended September 30, 2026.
- Mrs. Shilpa Joshi was appointed Additional Independent Director with effect from November 04, 2026, for a period of 5 years up to November 04, 2031, subject to the approval of shareholders by way of postal ballot.
- She holds Nil shares in the company and is not related to any director of the company.
- The meeting commenced at 4.30 P.M. (IST) and concluded at 5.50 P.M. (IST).
Auditor's review conclusion
- G.M. Kapadia & Co reviewed the statement under SRE 2410. Its conclusion: nothing came to its attention that causes it to believe the statement contains any material misstatement or fails to disclose what is required. The conclusion is not modified.
- A review is substantially less in scope than an audit, and no audit opinion is expressed.
- The comparative figures for the quarter and half year ended September 30, 2025 were compiled by management and were not subjected to audit or review by the auditors.
Performance (standalone, unaudited, Rupees in millions)
- Sales: 585.57 in the September 2026 quarter against 481.67 a year earlier; 998.13 for the half year against 847.02.
- Other Operating Income: 23.17 for the quarter and 41.02 for the half year.
- Total Income: 612.55 for the quarter against 509.15; 1,048.64 for the half year against 898.55.
- Total Expenses: 497.19 for the quarter and 872.15 for the half year.
- Profit before Tax: 115.36 for the quarter against 92.71; 176.49 for the half year against 148.58.
- Net Profit for the period: 85.02 for the quarter against 68.90; 131.00 for the half year against 110.36.
- Earnings Per Share - Basic (in Rs.): 0.97 for the quarter against 0.82; 1.53 for the half year against 1.32. EPS is not annualised.
Balance sheet (Rupees in millions), September 30, 2026 unaudited vs March 31, 2026 audited:
- Total assets: 2,266.52 against 1,757.71.
- Equity Share Capital: 474.26 against 417.66; Other Equity: 1,361.21 against 803.13.
- Non-current borrowings: 0.53 against 171.20; current borrowings: 55.05 against 126.43.
- Cash and Cash Equivalents: 14.72 against 26.37; Bank Balances Other than above: 377.86 against 123.26.
- Inventories: 396.50 against 283.73; Trade Receivables: 578.70 against 499.02.
Cash flow for the half year (Rupees in millions)
- Net Cash Generated from Operating Activities: 131.96.
- Net Cash Used in Investing Activities: (366.27).
- Net Cash From Financing Activities: 222.66.
- Net Decrease in Cash and Cash Equivalents: (11.65).
Initial Public Offer and use of proceeds
- During the quarter the company completed an IPO of 25,610,204 equity shares of Rs. 5 each at Rs. 53 per share, comprising a fresh issue of 11,320,754 shares aggregating Rs. 600.00 million and an offer for sale of 14,289,450 shares by selling shareholders aggregating Rs. 757.34 million.
- Shares were allotted on August 28, 2026 and listed on NSE and BSE on September 01, 2026.
- Net proceeds of the fresh issue, after share issue expenses of Rs. 87.66 million, were Rs. 512.34 million.
- Utilisation up to September 30, 2026: 269.27 million utilised and 330.73 million unutilised. Of the capex object of 299.66 million, 6.61 million was used; the term loan object of 160.00 million was fully used; of general corporate purposes, 15.00 million of 52.68 million was used.
- The unutilised proceeds are held in fixed deposits with scheduled commercial banks and bank accounts, with no deviation from the objects stated in the offer document.
What shareholders are being asked to note
- The independent director appointment takes effect immediately, but continuing it for the full five-year term needs shareholder approval through a postal ballot.
- The results are standalone and unaudited, reviewed (not audited) by the statutory auditors.
₹131.00 MnNet Profit for the period - half year ended Sept 30, (Rs. in millions
Net Profit for the period - quarter ended Sept 30, (Rs. in millions₹85.02 Mn
Profit after tax, quarter45.98 (Rupees in millions)
Also from Hy-Tech Engineers
Board appoints Shilpa Joshi as Additional Independent Director for 5 years, subject to shareholder approval
4 Nov 2026
Hy-Tech Engineers to host Q2 FY2026-27 earnings call on November 5, 2026 at 12:00 Noon IST
31 Oct 2026
Board meeting on November 04, 2026 to consider and approve unaudited standalone results
30 Oct 2026
More numbers
- Sales - half year ended Sept 30, 2026 (Rs. in millions)998.13
- Net Profit for the period - half year ended Sept 30, 2026 (Rs. in millions)131.00
- Term of Additional Independent Director appointment5 years
- Fresh issue of equity shares in IPO11,320,754
- Unutilised IPO proceeds as at Sept 30, 2026 (Rs. in millions)330.73
- Total income, latest quarter612.55 (Rupees in millions)
- Total income, year-ago quarter509.15 (Rupees in millions)
- Total income, previous quarter436.09 (Rupees in millions)
- Total comprehensive income, latest quarter84.00 (Rupees in millions)
- Total comprehensive income, year-ago quarter68.94 (Rupees in millions)
- Total comprehensive income, previous quarter46.64 (Rupees in millions)
- Profit after tax, latest quarter85.02 (Rupees in millions)
- Profit after tax, year-ago quarter68.90 (Rupees in millions)
- Profit after tax, previous quarter45.98 (Rupees in millions)
- Profit before tax, latest quarter115.36 (Rupees in millions)
- Profit before tax, year-ago quarter92.71 (Rupees in millions)
- Profit before tax, previous quarter61.13 (Rupees in millions)
Source: BSE · 4 Nov 2026
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