Board approves September 2026 standalone results; limited review finds no material misstatement
Board meeting on 3 November 2026 approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
- Half-year Revenue from operations
- 1437.39 lakh vs 1448.17 lakh a year earlier
- Half-year Profit for the period
- 30.18 lakh vs 319.31 lakh
- EPS (basic and diluted)
- Rs. 0.35 vs Rs. 5.17
What the Board approved
The Board of Directors met on 3 November 2026 from 03:45 pm to 04:30 pm and considered and approved the unaudited standalone financial results of the company for the quarter and half year ended 30 September 2026, together with the limited review report of the statutory auditors, K M Chauhan & Associates.
Auditor's review conclusion
- The review was done under Standard on Review Engagement (SRE) 2410, which gives moderate assurance and is not a full audit, so no audit opinion is expressed.
- The auditor states that nothing has come to their attention that causes them to believe the statement departs from the applicable accounting standards or contains any material misstatement.
- The statement is the responsibility of the company's management and has been approved by the Board.
Half year performance (standalone, figures as printed, Amount in Lakhs)
- Revenue from operations: 1437.39 against 1448.17 in the half year ended 30 September 2025.
- Total income: 1439.16 against 1449.14.
- Total expenses: 1364.96 against 1049.51.
- Profit before tax: 74.20 against 399.62.
- Profit for the period: 30.18 against 319.31.
- Earnings per share (basic and diluted): 0.35 against 5.17.
What moved the numbers
- Cost of material consumed was 1012.53, close to 1020.24 a year earlier, so the core input cost was broadly steady.
- Employee benefits expense rose to 165.48 from 95.98.
- Depreciation and amortisation expense rose to 105.91 from 24.18.
- Finance costs were 56.16 against 53.80, and other expenses 76.78 against 135.87.
- Total tax expense was 44.02 against 80.31.
- Profit for the period is therefore well below the year-earlier half, mainly alongside the higher employee and depreciation costs.
Balance sheet position (as at 30 September 2026 against 30 September 2025, Amount in Lakhs):
- Share capital 864.00 against 617.16; reserves and surplus 2966.97 against 767.61.
- Total of equity and liabilities (also total assets) 6442.10 against 4126.52.
- Short-term borrowings 1393.16 against 581.21; long-term borrowings 91.86 against 525.34.
- Inventories 2025.71 against 1777.60; trade receivables 1809.23 against 1421.75.
- Cash and cash equivalents 25.21 against 21.78.
Cash flow for the half year (Amount in Lakhs)
- Net cash from operating activities 81.86, against a negative 1.88 in the year-earlier half.
- Net cash used in investing activities 101.32, against 62.09.
- Net cash from financing activities 11.97, against 47.17.
- Closing cash and cash equivalents 25.21, against 21.78.
Other points noted in the results
- The company describes itself as engaged in creating customised display equipment for commercial kitchen and bakery setups, serving restaurants, food courts, cafes, retail shops, super markets, ice cream parlours and similar outlets.
- The company had made an initial public offering of 24,68,400 equity shares of face value of Rs. 10 each, fully paid up, at Rs. 100 per equity share (including share premium of Rs. 90 per equity share), aggregating to Rs. 24,68,40,000; the shares were listed on the BSE Emerge Platform on 15 December 2025.
- Earnings per share for the earlier period is not restated for the fresh issue, as it is treated as a non-adjusting event.
Also from Riddhi Display Equipments
Board meeting on 3 November 2026 to consider and approve half-yearly financial results
31 Oct 2026
More numbers
- Revenue from operations, half year ended 30-09-20261437.39
- Revenue from operations, half year ended 30-09-20251448.17
- Total income, half year ended 30-09-20261439.16
- Total expenses, half year ended 30-09-20261364.96
- Profit for the period, half year ended 30-09-202630.18
- Profit for the period, half year ended 30-09-2025319.31
- Earnings per share, basic and diluted (Rs.)0.35
- Total equity and liabilities / total assets as at 30-09-20266442.10
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