Saumya Consultants reports ₹14.82 crore half-year PBT

Saumya Consultants Limited reported a ₹14.82 crore profit before tax for the half year ended September 30, 2026, compared with a ₹6.26 crore pre-tax loss in the comparative period, after recording a ₹6.52 crore net gain on fair-value changes. Saumya Consultants nevertheless posted a ₹2.15 crore pre-tax loss in the September quarter.

How did Saumya Consultants perform in the first half?

Saumya Consultants moved to a ₹14.82 crore profit before tax and a ₹13.72 crore profit after tax for the half year ended September 30, 2026. The comparative half-year cash-flow statement records a ₹6.26 crore loss before tax, making the latest six-month result a reversal from loss to profit before tax.

Total income for the half year was ₹28.10 crore, while total expenses were ₹15.28 crore. The difference produced the reported pre-tax profit of ₹14.82 crore before the filing's tax credit of ₹1.10 crore. Profit for the period from continuing operations was ₹13.72 crore, and the statement reported no discontinued operations.

Basic and diluted earnings per share, or EPS, were each ₹19.87 for continuing operations in the half year, compared with ₹11.34 in the comparative half-year column. Paid-up equity share capital stood at ₹6.91 crore at September 30, 2026, unchanged from March 31, 2026, according to the standalone results.

The half-year outcome was uneven across its two quarters. The quarter ended June 30, 2026 delivered ₹16.97 crore of pre-tax profit, whereas the quarter ended September 30, 2026 recorded a ₹2.15 crore pre-tax loss. The June-quarter surplus was therefore sufficient to leave the six-month period profitable.

What drove Saumya Consultants' half-year profit?

Saumya Consultants' half-year profit was supported by a ₹6.52 crore net gain on fair-value changes, including a ₹6.01 crore gain in the June 2026 quarter. In contrast, the September 2026 quarter recorded a ₹1.49 crore net loss on fair-value changes, so the six-month gain reflects the larger positive movement recorded in the preceding quarter.

The filing also lists ₹48.95 lakh of profit on sale of investments, ₹8.09 lakh of dividends received and ₹2.25 lakh of interest income for the half year. These income items were reported alongside fair-value movements and formed part of the operating-income presentation used in the standalone results.

Purchases of stock in trade were ₹20.69 crore for the six months, while the increase in stock in trade was ₹9.00 crore. Employee-benefit expense totalled ₹97.46 lakh, finance cost was ₹1.92 lakh, depreciation and amortisation expense was ₹12.04 lakh, and other expenses were ₹46.69 lakh.

Saumya Consultants disclosed that it has no more than one reportable segment. As a result, the filing does not provide a segment-level split of revenue, costs, assets or profit, and does not identify which activities generated the ₹6.52 crore half-year fair-value gain.

Why did Saumya Consultants report a September-quarter loss?

Saumya Consultants reported a ₹2.15 crore loss before tax and a ₹1.48 crore loss after tax in the quarter ended September 30, 2026. This followed a ₹16.97 crore profit before tax and a ₹15.20 crore profit after tax in the June 2026 quarter, showing that the half-year profit was concentrated in the earlier quarter.

The principal disclosed change was the fair-value line: a ₹6.01 crore net gain in June was followed by a ₹1.49 crore net loss in September. The filing does not quantify the individual instruments or investments behind these movements, nor does it assign a specific part of the pre-tax swing to fair-value changes alone.

The latest quarterly loss was smaller than the ₹4.18 crore pre-tax loss reported in the quarter ended September 30, 2025. Its after-tax loss of ₹1.48 crore also compared with an after-tax loss of ₹3.59 crore a year earlier, while basic EPS improved from negative ₹5.20 to negative ₹2.14.

September-quarter total income was ₹9.51 crore and total expenses were ₹11.66 crore, producing the ₹2.15 crore pre-tax loss. In June, total income was ₹18.58 crore against ₹1.62 crore of total expenses, resulting in the reported ₹16.97 crore pre-tax profit.

What does Saumya Consultants' cash flow show?

Saumya Consultants used ₹3.37 crore of cash in operating activities during the half year ended September 30, 2026, compared with an operating cash outflow of ₹8.48 crore in the comparative period. The operating cash-flow statement starts with ₹14.82 crore of profit before tax but includes working-capital and other adjustments.

An increase in inventories used ₹9.00 crore of cash during the latest half year. The statement also shows a ₹99.66 lakh increase in loans, a ₹16.51 lakh increase in trade receivables and a ₹1.28 crore increase in current tax assets, each recorded as a cash use within operating activities.

Net cash generated from investing activities was ₹3.66 crore, compared with ₹8.58 crore in the comparative period. The latest investing inflow included a ₹3.58 crore decrease in investments and ₹8.09 lakh of dividends received; the filing separately reports the same ₹8.09 lakh as half-year dividend income.

Financing activities used ₹11.04 lakh, reflecting a decrease in borrowings. Cash and cash equivalents increased by ₹18.46 lakh during the half year, from an opening balance of ₹40.43 lakh to a closing balance of ₹58.89 lakh at September 30, 2026.

How were Saumya Consultants' results reviewed?

Saumya Consultants' audit committee reviewed the unaudited standalone results, and its board approved them on November 13, 2026. The approved statement covers the quarter and half year ended September 30, 2026 and was filed under Regulation 33 of the Securities and Exchange Board of India listing regulations.

ALPS & Co., the statutory auditor, performed a limited review of the interim financial information rather than an audit. The auditor said that nothing had come to its attention suggesting the statement did not comply with applicable accounting standards and disclosure requirements, and said its conclusion was not modified.

The auditor noted that a limited review principally involves inquiries of company personnel and analytical procedures, and provides less assurance than an audit. Saumya Consultants said the results had been prepared using Indian Accounting Standard 34, Interim Financial Reporting, for the September 30, 2026 interim period.

Conclusion

Saumya Consultants returned to a ₹14.82 crore pre-tax profit in the half year ended September 30, 2026, after a ₹6.26 crore loss before tax in the comparative period. The outcome was shaped by a ₹6.52 crore half-year net fair-value gain and a ₹16.97 crore June-quarter pre-tax profit, even as the September quarter itself ended with a ₹2.15 crore pre-tax loss and operating cash flow remained negative at ₹3.37 crore.

The filing discloses that Saumya Consultants is arranging publication of the results abstract in newspapers shortly after the November 13, 2026 board meeting. The next reported periods will show whether fair-value movements return to a gain after September's ₹1.49 crore loss, and whether the ₹9.00 crore inventory increase and ₹3.37 crore operating cash outflow reverse or continue.