Shining Tools Limited announced its unaudited standalone financial results for the half year ended September 30, 2026. The Board of Directors approved these results during a meeting held on November 5, 2026. The financial statements have undergone a limited review by the statutory auditors. The company also provided details on the utilization of proceeds from its Initial Public Offer.
Board Approves Unaudited Financials
Shining Tools Limited has announced the approval of its unaudited standalone financial results for the half year ended September 30, 2026. The decision was made during the Board of Directors’ meeting held on November 5, 2026, at the company’s registered office.
Key Financial Highlights
The unaudited results, prepared under AS, showed a Profit Before Tax of ₹518.04 Lakhs for the half year ended September 30, 2026, compared to ₹252.47 Lakhs in the same period of the previous year. Total Income for the period stood at ₹1863.04 Lakhs. The Profit for the Period from Continuing Operations was ₹371.04 Lakhs.
Total Expenses for the half year ended September 30, 2026, amounted to ₹1345.00 Lakhs. The company reported Earnings Per Equity Share (Basic & Diluted) of ₹6.56 for the period.
Limited Review by Auditors
As per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the statutory auditors have conducted a limited review of these unaudited financial results. The Limited Review Report is enclosed along with the financial results.
Subsidiary Update
In a separate note, Shining Tools Limited mentioned the acquisition of a 55% equity interest in Shinvi Tools Limited, making it a subsidiary. However, as Shinvi Tools Limited has not yet commenced operations and its bank account opening is pending, its financial statements have not been consolidated for the current reporting period.
IPO Proceeds Utilization
The company also provided an additional disclosure on the utilization of proceeds from its Initial Public Offer. As of September 30, 2026, the total utilization of funds was ₹1709.63 Lakhs out of the total proceeds of ₹1710.00 Lakhs, with a balance of ₹0.37 Lakhs to be utilized.
Source: BSE
