Horizon Reclaim (India) Ltd Announces 14 November Results

Horizon Reclaim (India) Ltd will consider unaudited standalone H1 FY2027 results on 14 November 2026, following a revised business update that reported revenue of ₹28.17 crore for the six months ended 30 September 2026, up 28.24% year on year. The board meeting will formally review the half-year financial statements.

When will Horizon Reclaim announce its H1 FY2027 results?

Horizon Reclaim is scheduled to hold its board meeting on Saturday, 14 November 2026, to consider and approve unaudited standalone financial results for the half year ended 30 September 2026. The company disclosed the meeting to BSE on 10 November under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The agenda also allows the board to consider other matters with the chairman's permission. The scheduled meeting is important because it is the point at which the company can formally approve and release its half-year financial performance to the market. The available business update is not a substitute for the unaudited financial statements that the board is due to consider.

The company said its trading window will remain closed until 48 hours after the public announcement of the financial results. Such closures are intended to restrict trading by designated persons while they may possess unpublished price-sensitive information.

What has Horizon Reclaim disclosed for the September half year?

Horizon Reclaim's revised H1 FY2027 business update reported revenue of ₹28.17 crore, a year-on-year increase of 28.24%, for the period ended 30 September 2026. The company resubmitted the update after identifying an inadvertent typographical error in its earlier filing.

The revised filing described the document as an overview of the company's performance, key developments and strategic initiatives during the first half of FY2027. It also referred to progress in reclaimed rubber and pyrolysis oil production. However, the material provided does not state half-year profit, operating profit, interest cost or margin figures for H1 FY2027.

Investors will therefore need to wait for the board-approved results to assess whether the reported revenue growth was accompanied by changes in profitability, finance costs or other items in the standalone accounts. The formal results should also clarify the financial details that are not included in the business update.

How do the latest disclosures compare with earlier financial data?

Horizon Reclaim's earlier standalone financial snapshots show net sales of ₹24.92 crore for the half year ended September 2025 and annual net sales of ₹49.42 crore for the year ended March 2026. The revised H1 FY2027 revenue update of ₹28.17 crore is higher than the September 2025 half-year net-sales figure, consistent with the company's stated 28.24% year-on-year growth.

For the year ended March 2026, the company reported operating profit before depreciation, interest and tax, excluding other income, of ₹15.80 crore, compared with ₹10.32 crore in the previous year. Standalone net sales for FY2026 rose 36.44% from ₹36.22 crore in FY2025. Interest expense was ₹1.20 crore in FY2026 against ₹0.22 crore a year earlier.

These prior figures provide context, but they do not establish the H1 FY2027 profit outcome. The upcoming results will be relevant for comparing the current half-year operating performance with the historical annual and half-year data disclosed by the company.

What are Horizon Reclaim's operational and capacity updates?

Horizon Reclaim operates manufacturing facilities in Uttarakhand and Gujarat with installed capacity of 59,700 metric tonnes per annum, according to its revised business update. The company is scaling towards planned capacity of 86,800 metric tonnes per annum.

The update cited high capacity utilisation at the Uttarakhand unit of 95% and reported another utilisation figure of 50% in its operating commentary. These data points provide an indication of current plant usage, while the planned capacity figure signals that expansion remains part of the company's disclosed strategic direction.

As a micro-cap company in the tyres and rubber products segment, Horizon Reclaim's operating disclosures are relevant to investors tracking whether revenue growth is supported by production volumes, capacity use and expansion execution. The supplied information does not disclose the financial cost, funding source or completion schedule for the planned capacity increase.

How could the board meeting matter to investors and the industry?

The 14 November meeting matters because it will provide the first board-approved standalone financial view of Horizon Reclaim's performance for the September 2026 half year. Revenue of ₹28.17 crore in the revised update is the principal current-period financial metric available before the results release.

No share-price movement, valuation change or analyst forecast is provided in the disclosures. As a result, any direct market impact cannot be quantified from the available information. The immediate disclosure-related consideration is the trading-window restriction, which remains in force through 48 hours after the results are publicly announced.

For industry observers, the update links the company's operations to reclaimed rubber and pyrolysis oil production, alongside capacity development at its Uttarakhand and Gujarat facilities. The formal results may offer additional evidence on how these operations translated into standalone revenue and earnings during the half year.

Conclusion

Horizon Reclaim has set 14 November 2026 as the date for its board to consider unaudited standalone H1 FY2027 results for the six months ended 30 September. Its revised business update reported ₹28.17 crore of revenue and 28.24% year-on-year growth, while the earlier financial record shows higher FY2026 sales and operating profit than in FY2025.

The next item to watch is the board-approved results announcement and the end of the trading-window closure 48 hours later. Investors can then compare the reported revenue update with formal profitability, interest-cost and other standalone financial disclosures, while monitoring progress towards planned capacity of 86,800 metric tonnes per annum.