Bhanderi Infracon Limited to Review H1 FY2027 Results November 5
Key highlights
- Bhanderi Infracon will consider unaudited results for the half-year ended September 30, 2026 on November 5, 2026.
- Consolidated sales for the half-year ended March 2026 were ₹2.88 crore, down 41.1% year on year.
- Consolidated net profit for the half-year ended March 2026 was ₹0.03 crore, down 97.3% year on year.
- Shareholders approved related-party transaction limits of up to ₹50 crore per party for FY2026-27.
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Bhanderi Infracon Limited will consider its unaudited financial results for the half-year ended September 30, 2026, at a board meeting on November 5, 2026, after reporting consolidated sales of ₹2.88 crore and net profit of ₹0.03 crore for the half-year ended March 2026.
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What will Bhanderi Infracon review on November 5?
Bhanderi Infracon will consider and approve unaudited financial results for the half-year ended September 30, 2026. The board is also scheduled to review the limited review report issued by the company's auditors in relation to these financial statements.
The company disclosed that the meeting will take place on Thursday, November 5, 2026, at its registered office in Ahmedabad, Gujarat. Rinkal Ajay Patel, the Company Secretary and Compliance Officer, digitally signed the intimation on October 29, 2026. The disclosure identifies the results review as the primary agenda for the meeting.
What were Bhanderi Infracon's latest reported financial results?
Bhanderi Infracon last reported consolidated sales of ₹2.88 crore and net profit of ₹0.03 crore for the half-year ended March 2026. Sales were 41.1% lower than ₹4.89 crore reported in the corresponding period ended March 2025, while net profit declined 97.3% from ₹1.12 crore.
Operating profit for the March 2026 period was ₹0.24 crore, compared with ₹1.43 crore a year earlier. Consequently, the operating profit margin narrowed to 8.33% from 29.24%. Profit before tax was ₹0.22 crore, while the reported tax rate was 81.82%, resulting in the substantially lower net profit figure.
How has Bhanderi Infracon's profitability moved across recent periods?
Bhanderi Infracon's reported results have shown significant movement across recent half-year periods. Sales rose from ₹0.86 crore in September 2024 to ₹4.89 crore in March 2025, before falling to ₹1.04 crore in September 2025 and recovering to ₹2.88 crore in March 2026.
Margins have also varied with the revenue base and expenses. The operating profit margin was 43.27% in September 2025, then declined to 8.33% in March 2026. The company reported no interest expense in each of the periods shown from September 2022 through March 2026, while depreciation in March 2026 was ₹0.02 crore.
The March 2026 results followed a profitable March 2025 period, when the company reported operating profit of ₹1.43 crore and net profit of ₹1.12 crore. The latest announced September 2026 results will provide the next disclosed financial reference point for assessing whether sales, operating profit and tax incidence have changed from the March period.
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What is the background to Bhanderi Infracon's upcoming disclosure?
Bhanderi Infracon is a BSE SME-listed real estate company. Its prior half-year disclosure for September 2025 showed a difference between standalone and consolidated performance. Standalone revenue was ₹14.85 lakh and the standalone operation reported a net loss of ₹0.36 lakh, while consolidated revenue was ₹1.04 crore and consolidated net profit was ₹0.25 crore.
In that September 2025 disclosure, the real estate segment generated ₹1.04 crore of revenue and ₹0.45 crore of EBIT. Total segment assets were reported at ₹82.41 crore, against liabilities of ₹55.78 crore. The company stated that it had expanded through acquisitions and investments in subsidiaries and partnership firms.
The company also recently held its 22nd annual general meeting, where all four resolutions were passed with 100% votes in favour and no dissent. Voting turnout was 67.04% of outstanding shares for most resolutions. Shareholders approved related-party transaction limits of up to ₹50 crore per party for FY2026-27, with promoters abstaining from the related-party transaction resolution.
Why do the September 2026 results matter for investors?
Bhanderi Infracon's September 2026 results matter because the March 2026 period recorded lower sales and a sharp contraction in reported net profit from the year-earlier level. The upcoming results and limited review report will set out the company's reported financial position for the first half of FY2027 and offer an updated basis for comparison with the ₹1.04 crore sales reported in September 2025.
Investors will be able to compare revenue, operating profit, margins, tax expense and net profit with the historical half-year series. The past data indicates that reported sales and margins have changed substantially between reporting periods. The board meeting notice itself does not provide any forecast, operating guidance, project update or expected financial outcome.
Conclusion
Bhanderi Infracon will place its unaudited September 2026 half-year financial results before the board on November 5, along with the auditors' limited review report. The disclosure follows a March 2026 reporting period in which consolidated sales declined to ₹2.88 crore and net profit fell to ₹0.03 crore, compared with the corresponding prior-year period.
The next item to watch is the company's November 5 board outcome and the financial statements for the half-year ended September 30, 2026. Investors can assess the disclosed sales, operating margin, tax expense and profitability against the September 2025 and March 2026 consolidated figures after the results are released.


