PPPoojaa Precision Engg544844Quarterly results

Board approves unaudited half-year results, net profit at Rs. 2,492.71 lakh; IPO utilisation statement shared

Poojaa Precision Engg.'s board met on Thursday, October 22, 2026 and approved the unaudited Standalone and Consolidated Financial Results for the half year ended September 30, 2026, with the auditors' limited review report.

By ScoutQuest · Thu 22 Oct 2026, 2:52 PM IST · 2 min read

Revenue from operations

Rs. 21,008.88 lakh

Net profit

Rs. 2,492.71 lakh, against Rs. 1,328.66 lakh in the same half last year

IPO utilisation

Rs. 15,983.10 lakh raised, Rs. 9,407.29 lakh utilised so far

Results approved

• The board met on Thursday, October 22, 2026, from 12:00 PM to 2:40 PM (IST).
• It considered and approved the unaudited Standalone and Consolidated Financial Results for the half year ended September 30, 2026, along with the limited review report of the statutory auditors, Borkar & Muzumdar, Chartered Accountants.
• The review report is unmodified, and a declaration to that effect is part of the update.

Half-year numbers (Rs. in lakh)

• Revenue from operations: 21,008.88, against 12,488.80 in the half year ended September 30, 2025.
• Total income: 21,151.45, against 12,515.60.
• Total expenses: 17,766.50, against 10,688.62.
• Net profit for the period: 2,492.71, against 1,328.66.
• Basic and diluted earnings per share (not annualised): 16.43, against 9.70.

Balance sheet as on September 30, 2026 (Rs. in lakh)

• Share capital 1,994.50 and reserves and surplus 28,082.42.
• Total equity and liabilities, and total assets: 37,434.57.
• Long-term borrowings 1,684.59 and short-term borrowings 690.12.
• Cash and cash equivalents 7,658.27; inventories 6,445.22; trade receivables 5,651.67.

Cash flow for the half year (Rs. in lakh)

• Net cash generated from operating activities: 3,064.75.
• Net cash used in investing activities: -11,646.24.
• Net cash generated from financing activities: 9,704.80, which includes 14,299.52 from the issue of equity shares.

IPO proceeds and how they have been used

• The company raised Rs. 15,983.10 lakhs through the issue of 53,10,000 shares of face value Rs. 10 each at a premium of Rs. 291 per share. The shares listed on the BSE SME platform on August 04, 2026.
• In the deviation statement, the amount raised is shown as ₹159,83,10,000, with CARE Ratings Limited as the monitoring agency.
• Object-wise utilisation (in lakh): working capital ₹3000.00 allotted and ₹3000.00 utilised; manufacturing facility capital expenditure ₹10634.00 allotted and ₹4062.29 utilised; IPO expenses ₹1991.89 allotted and ₹1988.00 utilised; corporate general purpose ₹357.62 allotted and ₹357.00 utilised.
• Total allotted amount is ₹15983.10 and total funds utilised is ₹9407.29.
• The statement answers "No" to the question of whether there is a deviation or variation in use of the funds raised, while the object-wise table shows "Yes" in the deviation/variation column against the working capital row.
• The Audit Committee reviewed the utilisation and advised the management to use the funds in line with the objects of the IPO and to monitor and disclose any unutilised proceeds.

Other points from the meeting

• The board noted that the Monitoring Agency Report for the quarter ended September 30, 2026 relating to utilisation of IPO proceeds has not yet been received from the Monitoring Agency.
• The company states it operates in a single segment, and the results reflect one-segment reporting.

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