Craftroot Retail reports Rs 52.05 lakh H1 pre-tax profit

Craftroot Retail Limited reported profit before tax of Rs 52.05 lakh for the half year ended September 30, 2026, compared with Rs 2.25 lakh in the corresponding prior-year period. Craftroot Retail recorded Rs 37.50 lakh in revenue from operations after reporting nil in the previous comparable half year, while total revenue rose to Rs 1.0032 crore.

What did Craftroot Retail report for the September quarter?

Craftroot Retail reported revenue from operations of Rs 37.50 lakh for the quarter ended September 30, 2026, compared with Rs 0 in both the June 30, 2026 quarter and the quarter ended September 30, 2025. Other income was Rs 20.39 lakh, taking total revenue to Rs 57.89 lakh, against Rs 22.50 lakh in the preceding quarter and Rs 5.30 lakh a year earlier.

Profit before tax was Rs 32.94 lakh in the September 2026 quarter, compared with Rs 9.11 lakh in the June 2026 quarter and Rs 0.87 lakh in the September 2025 quarter. The statement reported no current or deferred tax expense for the September quarter, resulting in net profit of Rs 32.94 lakh. Basic and diluted earnings per share were each Rs 0.10, with paid-up equity share capital of Rs 3.35 crore.

The composition of income changed during the quarter. Revenue from operations increased from Rs 0 in June to Rs 37.50 lakh in September, while other income declined by Rs 2.11 lakh to Rs 20.39 lakh. Total expenses rose to Rs 24.95 lakh from Rs 13.39 lakh in June, but total revenue increased by Rs 35.39 lakh, resulting in a higher reported pre-tax profit.

How did Craftroot Retail perform in the first half?

Craftroot Retail reported Rs 37.50 lakh in revenue from operations for the half year ended September 30, 2026, against Rs 0 in the corresponding half year ended September 30, 2025. Other income was Rs 62.82 lakh, compared with Rs 18.58 lakh a year earlier, taking total revenue to Rs 1.0032 crore from Rs 18.58 lakh.

Profit before tax increased by Rs 49.80 lakh to Rs 52.05 lakh from Rs 2.25 lakh in the prior-year half year. Total expenses were Rs 48.27 lakh, compared with Rs 16.33 lakh a year earlier. The filing showed no tax expense for either period, and reported half-year net profit of Rs 52.05 lakh and basic and diluted earnings per share of Rs 0.16, versus Rs 0.07 in the comparable period.

Craftroot Retail said it operates in a single segment, so the filing does not provide separate revenue, profit, asset or liability figures by business line. The audit committee reviewed the results and the board approved them on October 31, 2026. The independent auditor's limited review stated that nothing had come to its attention to indicate that the statement contained a material misstatement under the applicable reporting requirements.

What does Craftroot Retail's balance sheet show?

Craftroot Retail reported total assets of Rs 31.1926 crore at September 30, 2026, compared with Rs 31.2144 crore at March 31, 2026. Current assets were Rs 29.7230 crore, marginally below Rs 29.7415 crore at the financial year-end, while non-current assets were Rs 1.4696 crore against Rs 1.4730 crore.

Trade receivables fell to Rs 23.6722 crore at September 30 from Rs 25.1040 crore at March 31, a reduction of Rs 1.4318 crore. Inventories were unchanged at Rs 2.6094 crore. Cash and cash equivalents stood at Rs 55.07 lakh, while bank balances other than cash equivalents were Rs 77.71 lakh.

Trade payables declined to Rs 25.8535 crore from Rs 26.3297 crore over the same period. Total current liabilities were Rs 26.0236 crore, compared with Rs 26.4807 crore, as other current liabilities declined to Rs 2.01 lakh from Rs 12.10 lakh. Provisions increased to Rs 13 lakh from Rs 3 lakh.

Total equity increased to Rs 4.1255 crore at September 30 from Rs 3.7050 crore at March 31. Equity share capital remained Rs 3.35 crore, while other equity rose to Rs 77.55 lakh from Rs 35.50 lakh. Non-current borrowings were Rs 1.0436 crore, compared with Rs 1.0287 crore at the financial year-end.

What did Craftroot Retail's cash-flow statement report?

Craftroot Retail's cash-flow statement is headed as covering the quarter ended September 30, 2026, but begins with profit before tax of Rs 52.05 lakh, which matches the reported half-year figure rather than the September-quarter figure of Rs 32.94 lakh. The statement reported net cash flow from operating activities of Rs 1.2017 crore, compared with Rs 1.2223 crore for the year ended March 31, 2026.

The reported working-capital movements included a Rs 1.4318 crore decrease in trade receivables, a Rs 47.62 lakh decrease in trade payables and Rs 19.35 lakh in other current assets. Other current liabilities decreased by Rs 8.09 lakh, while provisions increased by Rs 10 lakh. The filing reported operating profit after working-capital changes of Rs 78.12 lakh and taxes paid of Rs 10 lakh.

Net cash flow from investing activities was Rs 1.83 lakh, including Rs 1.49 lakh described as proceeds from long-term borrowings and Rs 34,000 of proceeds from long-term loans and advances. The filing reported no fixed-asset purchases in the stated period, compared with Rs 1.26 lakh for the year ended March 31, 2026.

The cash-flow statement reported ending cash and cash equivalents of Rs 1.3278 crore, compared with Rs 10.79 lakh at the beginning of the period. This Rs 1.3278 crore amount equals the balance sheet's Rs 55.07 lakh in cash and cash equivalents plus Rs 77.71 lakh in other bank balances, although the balance sheet classifies the two amounts separately.

Conclusion

Craftroot Retail's September 2026 filing records a move from nil operating revenue in the comparable periods to Rs 37.50 lakh in the September quarter and half year. Pre-tax profit reached Rs 52.05 lakh for the half year, while receivables fell by Rs 1.4318 crore and payables fell by Rs 47.62 lakh from March 31, 2026.

The next disclosed matter is the board-approved extension of the proposed utilisation timeline for Rs 22 crore of issue proceeds from March 2027 to March 2028. Craftroot Retail also said shareholders will be asked to approve material related-party transactions, with annual limits of up to Rs 10 crore for four counterparties and up to Rs 30 crore for Parshva Texchem (India) Private Limited.