Fluidomat H1 pre-tax profit drops to Rs 8.62 crore year-on-year

Fluidomat Limited reported profit before tax of Rs 8.62 crore for the half year ended September 30, 2026, down from Rs 9.95 crore in the corresponding 2025 half year. Fluidomat recorded Rs 18.46 crore of income from operations in the September 2026 quarter and held total assets of Rs 115.95 crore at the reporting date.

What did Fluidomat report for the half year ended September 2026?

Fluidomat reported H1 profit before tax of Rs 8.62 crore for the half year ended September 30, 2026. The comparable profit before tax was Rs 9.95 crore for the half year ended September 30, 2025, a year-on-year reduction of Rs 1.32 crore. The company submitted the unaudited results on November 13, 2026 after board approval at its 256th meeting.

The filing presents the interim statement under Indian Accounting Standard 34, or Ind AS 34, for interim financial reporting. Fluidomat’s board and audit committee reviewed the results on November 13, 2026, and the company described the figures as unaudited. The reported H1 comparison therefore covers the six months ended September 30, 2026 and September 30, 2025.

How did Fluidomat’s income compare within the reported half year?

Fluidomat reported income from operations of Rs 18.46 crore for the quarter ended September 30, 2026. Its total income for the half year ended September 30, 2026 was Rs 32.49 crore, meaning the September quarter contributed more than half of the reported six-month total. The statement separately presents the June 2026 and September 2026 quarters within H1.

Fluidomat’s H1 profit-before-tax result of Rs 8.62 crore was below the Rs 9.95 crore reported a year earlier, despite the Rs 18.46 crore September-quarter income-from-operations figure. The filing does not provide a management explanation for the decline in profit before tax. It states that Fluidomat operates in one segment, manufacturing fluid couplings, rather than reporting separate segment-level income or profit figures.

What does Fluidomat’s September balance sheet show?

Fluidomat reported total assets of Rs 115.95 crore as at September 30, 2026, compared with Rs 109.91 crore as at March 31, 2026. The Rs 6.03 crore increase occurred during the first six months of the financial year. Non-current assets were Rs 15.53 crore at September 30, compared with Rs 15.74 crore at March 31.

Current assets were Rs 100.41 crore at September 30, 2026, up from Rs 94.17 crore at March 31, 2026. This Rs 6.24 crore increase in current assets outweighed the Rs 0.21 crore reduction in non-current assets and accounts for the increase in total assets. Fluidomat reported nil current borrowings at both September 30, 2026 and March 31, 2026.

What did Fluidomat disclose about cash flow and liquidity?

Fluidomat recorded operating profit before working-capital changes of Rs 5.74 crore for the half year ended September 30, 2026, compared with Rs 3.64 crore in the corresponding 2025 period. The cash-flow statement starts with H1 profit before tax of Rs 8.62 crore, against Rs 9.95 crore a year earlier, and includes depreciation of Rs 58.72 lakh, compared with Rs 59.53 lakh in the prior-year half.

Cash and cash equivalents increased by Rs 5.97 lakh during the 2026 half year from an opening balance of Rs 12.16 lakh. The resulting closing balance was Rs 18.13 lakh, consistent with the cash-and-cash-equivalents line in the September 2026 balance sheet. The cash-flow statement also lists capital-expenditure payments of Rs 1.25 crore for H1 2026, compared with Rs 2.63 crore in H1 2025.

How was Fluidomat’s half-year result reviewed?

Fluidomat’s statutory auditor, J P Saraf & Co LLP, issued its limited review report on November 13, 2026. The auditor said nothing had come to its attention that caused it to believe the statement had not disclosed information required under Regulation 33 of the Securities and Exchange Board of India, or SEBI, Listing Obligations and Disclosure Requirements Regulations, 2015.

The review was conducted under Standard on Review Engagements 2410, which applies to reviews of interim financial information performed by an entity’s independent auditor. The report states that a review is substantially narrower in scope than an audit and provides moderate assurance rather than an audit opinion. Fluidomat’s notes add that the limited-review report for the quarter ended September 30, 2026 had no impact requiring explanation in the reported results.

Conclusion

Fluidomat’s H1 filing shows that profit before tax declined year on year to Rs 8.62 crore for the half year ended September 30, 2026, from Rs 9.95 crore a year earlier. At the same time, September-quarter income from operations was Rs 18.46 crore, total assets rose to Rs 115.95 crore and current assets increased to Rs 100.41 crore from Rs 94.17 crore at March 31, 2026.

The company said it would publish an extract of the results in English and Hindi newspapers and was processing its XBRL filing for hosting on its website. The disclosed figures also leave the mix and movement of current assets, including investments, receivables and inventories, as areas to monitor in subsequent filings after the Rs 6.24 crore increase in current assets during H1.