Board approved Q2/H1 FY27 results; limited review conclusion unmodified
Board meeting on 3 November 2026: the directors approved the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026, which the Audit Committee had reviewed and recommended the same day.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 4,159.12 | 4,487.21 | −7.3% | 4,095.90 | +1.5% |
| Total income | 4,161.36 | 4,488.78 | −7.3% | 4,120.46 | +1% |
| Profit before tax | 338.81 | 220.06 | +54% | 296.89 | +14.1% |
| Profit after tax | 245.77 | 164.67 | +49.3% | 221.23 | +11.1% |
| Total comprehensive income | 249.38 | 167.20 | +49.2% | 221.50 | +12.6% |
| Basic EPS | 2.18 | 1.46 | +49.3% | 1.97 | +10.7% |
- PAT YoY Growth
- +49.3% (Year ago 164.67)
- Period
- 30.09.2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- The consolidated results include Oceanic Food Ingredients Limited, a subsidiary incorporated on 01/09/2025, in which Oceanic Foods Limited holds 51%.
- The company operates in a single business segment: production and sale of dehydrated vegetables and herbs (Ind AS 108).
Board meeting outcome
The board of directors met on 3 November 2026 from 6.30 pm to 7.15 pm and approved the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026. The Audit Committee reviewed and recommended the results at its meeting the same day.
Auditor's review conclusion
- Kamlesh Rathod & Associates carried out a limited review of the standalone and consolidated results.
- The conclusion is unmodified: nothing came to the auditor's attention that suggests a material misstatement or that the required disclosures are missing.
- A limited review is narrower than a full audit, so the auditor does not express an audit opinion.
Standalone performance (Rs. in lakh)
- Net Sales: 4,016.93 for the quarter, against 4,307.40 in the same quarter a year earlier
- Total Income: 4,160.26, against 4,488.78
- Profit before tax: 337.71, against 220.06
- Profit for the period: 244.67, against 164.67
- Profit for the half year: 465.49, against 319.35
- Earning per share for the quarter: 2.17, against 1.46
Consolidated performance (Rs. in lakh)
- Total Income: 4,161.36 for the quarter
- Profit before tax: 338.81
- Profit for the period: 245.77 for the quarter and 467.00 for the half year
- Earning per share for the half year: 4.15
Balance sheet snapshot (standalone, as at 30 September 2026, Rs. in lakh)
- Total assets: 11,105.74, against 10,079.55 as at 31 March 2026
- Inventories: 2,966.60, against 2,741.44
- Trade receivables: 3,812.71, against 3,754.31
- Non-current borrowings: 985.55, against 176.73
- Current borrowings: 3,486.24, against 3,574.46
- Paid-up equity share capital: 1,125.00 (face value Rs. 10 each)
Cash flow (standalone, half year, Rs. in lakh)
- Net cash from operating activities: (102.11), an outflow, against (284.18) in the same half last year
- Net cash used in investing activities: (424.71), which includes 390.08 spent on tangible assets and capital work-in-progress
- Net cash from financing activities: 512.54
- Cash and cash equivalents at the end of the period: 0.47
What the business does
The company operates in a single segment — production and sale of dehydrated vegetables and herbs — and the results are presented on that basis.
What to keep in mind
- The figures are unaudited and have been subjected to a limited review, not a full audit.
- Quarter and half-year numbers are not annual figures and can move with seasonality and order timing.
Also from Oceanic Foods
Board meeting on 03 November 2026 to approve unaudited results for quarter and half year ended 30 September 2026
29 Oct 2026
More numbers
- Net Sales, standalone, quarter ended 30.09.2026 (Rs. in lacs)4,016.93
- Total Income, standalone, quarter ended 30.09.2026 (Rs. in lacs)4,160.26
- Profit for the period, standalone, quarter ended 30.09.2026 (Rs. in lacs)244.67
- Profit for the period, standalone, half year ended 30.09.2026 (Rs. in lacs)465.49
- Paid-up equity share capital, standalone (Rs. in lacs)1,125.00
- Total Assets, standalone, as at 30.09.2026 (Rs. in lacs)11,105.74
- Total income, latest quarter4,161.36 (Amount in lacs)
- Total income, year-ago quarter4,488.78 (Amount in lacs)
- Total income, previous quarter4,120.46 (Amount in lacs)
- Total comprehensive income, latest quarter249.38 (Amount in lacs)
- Total comprehensive income, year-ago quarter167.20 (Amount in lacs)
- Total comprehensive income, previous quarter221.50 (Amount in lacs)
- Profit after tax, latest quarter245.77 (Amount in lacs)
- Profit after tax, year-ago quarter164.67 (Amount in lacs)
- Profit after tax, previous quarter221.23 (Amount in lacs)
- Revenue from operations, latest quarter4,159.12 (Amount in lacs)
- Revenue from operations, year-ago quarter4,487.21 (Amount in lacs)
- Revenue from operations, previous quarter4,095.90 (Amount in lacs)
- Profit before tax, latest quarter338.81 (Amount in lacs)
- Profit before tax, year-ago quarter220.06 (Amount in lacs)
- Profit before tax, previous quarter296.89 (Amount in lacs)
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