H.M. Electro Mech Limited announced the outcome of its Board Meeting held on November 5, 2026. The Board approved the unaudited financial results for the half year ended September 30, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statement. A Limited Review Report from the statutory auditors was also approved. The meeting commenced at 03:30 P.M. and concluded at 04:10 P.M.
Board Approves Unaudited Financial Results
The Board of Directors of H.M. Electro Mech Limited convened on Thursday, November 5, 2026, to review and approve key financial statements. The meeting, held at the company’s registered office, resulted in the approval of the unaudited financial results for the half year ended September 30, 2026. This includes the Statement of Assets and Liabilities and the Cash Flow Statement for the same period.
Key Approvals and Reports
In addition to the financial results, the Board also approved the accompanying Limited Review Report from the company’s statutory auditors. This report provides an independent assessment of the financial statements. The Board’s meeting commenced at 03:30 P.M. and concluded its deliberations by 04:10 P.M.
Financial Highlights
The financial statements for the half-year ended September 30, 2026, indicate a total revenue of ₹3,173.02 Lakhs for the six months, with profit before tax standing at ₹335.64 Lakhs. After accounting for taxes, the profit after tax for the period was ₹248.21 Lakhs. Earnings per share (EPS) for the period stood at ₹1.81 (basic and diluted).
Balance Sheet Snapshot
As of September 30, 2026, the company’s total equity and liabilities amounted to ₹13,382.10 Lakhs. Shareholder’s funds were ₹7,769.17 Lakhs, comprising Share Capital of ₹1,369.92 Lakhs and Reserves and Surplus of ₹6,399.25 Lakhs. Total assets were also reported at ₹13,382.10 Lakhs.
Cash Flow Overview
The Cash Flow Statement for the six months ended September 30, 2026, shows a net cash outflow from operating activities of ₹680.11 Lakhs. Investing activities resulted in a net cash inflow of ₹121.82 Lakhs, while financing activities generated a net cash inflow of ₹845.27 Lakhs. This led to a net increase in cash and cash equivalents of ₹286.98 Lakhs for the period, with a closing balance of ₹1,043.86 Lakhs.
Auditor’s Emphasis of Matter
The independent auditor’s review report highlights an emphasis of matter concerning the valuation of inventories. The company has not maintained detailed records for inventory amounting to ₹3749.14 Lakhs. While this does not modify the opinion on the financial results, it indicates a point for potential improvement in record-keeping and verification processes.
Source: BSE
