Siddha Ventures reports Rs 3.17 EPS after year-ago loss

Siddha Ventures Limited reported earnings per share of Rs 3.17 for the quarter ended 30 September 2026, reversing a loss per share of Rs 0.10 a year earlier, as revenue from operations increased to Rs 4.6197 crore and the results statement presented quarterly profit before tax of Rs 3.1653 crore.

How did Siddha Ventures perform in the September 2026 quarter?

Siddha Ventures reported profit before tax of Rs 3.1653 crore for the quarter ended 30 September 2026, compared with a loss before tax of Rs 6.46 lakh in the quarter ended 30 September 2025. The unaudited results also present profit for the period of Rs 3.1653 crore and basic and diluted earnings per share, or EPS, of Rs 3.17.

The comparable September 2025 quarter recorded a reported loss for the period of Rs 9.82 lakh and EPS of negative Rs 0.10. The move in EPS to Rs 3.17 in September 2026 coincided with a Rs 3.5533 crore increase in revenue from operations from the year-earlier quarter.

Siddha Ventures’ board approved the quarterly and half-yearly results on 12 November 2026 after review by the audit committee. The company said there were no exceptional items in the September 2026 period, so the statement does not identify a separate exceptional gain or expense behind the reported profit.

What changed in Siddha Ventures income and expenses?

Siddha Ventures’ total income rose by Rs 3.4601 crore year on year to Rs 4.6211 crore in the September 2026 quarter. Revenue from operations was Rs 4.6197 crore, while other income was Rs 14,000, compared with revenue of Rs 1.0714 crore and other income of Rs 8.96 lakh in September 2025.

The reduction in other income means the increase in total income was led by the revenue-from-operations line rather than non-operating income. The filing does not provide a product, customer, transaction or business-line explanation for the Rs 4.6197 crore operating revenue reported for the September 2026 quarter.

Changes in value of shares traded were Rs 1.0819 crore in September 2026, compared with Rs 83.63 lakh in September 2025. Employee benefit expense increased to Rs 6.51 lakh from Rs 1.74 lakh, while other expenses declined to Rs 30.88 lakh from Rs 37.19 lakh.

Total expenses increased by Rs 23.02 lakh to Rs 1.4558 crore in the latest quarter from Rs 1.2256 crore a year earlier. Since total income increased by Rs 3.4601 crore over the same comparison, the gap between income and expenses changed from a pre-tax loss of Rs 6.46 lakh to pre-tax profit of Rs 3.1653 crore.

How do Siddha Ventures’ half-year figures compare?

Siddha Ventures reported profit before tax of Rs 3.2028 crore for the half year ended 30 September 2026, versus a loss before tax of Rs 8.57 lakh for the half year ended 30 September 2025. Half-year EPS was Rs 3.20, compared with negative Rs 0.12 in the corresponding prior-year period.

Revenue from operations for the half year was Rs 4.6197 crore, compared with Rs 1.0714 crore a year earlier. Total income was Rs 4.6213 crore, against Rs 1.1620 crore, while total expenses were Rs 1.4185 crore, compared with Rs 1.2477 crore.

The 30 June 2026 quarterly column shows total income of Rs 2,000 and profit before tax of Rs 3.75 lakh, but its revenue-from-operations cell is blank. The half-year revenue of Rs 4.6197 crore is therefore the same amount presented for the September 2026 quarter, and Siddha Ventures did not explain the blank June-quarter revenue cell in the filing.

For the half year, changes in value of shares traded were Rs 91.61 lakh, compared with Rs 77.85 lakh in the prior-year period. Employee benefit expense was Rs 12.62 lakh, up from Rs 3.20 lakh, while other expenses were Rs 37.62 lakh, down from Rs 43.72 lakh.

What does Siddha Ventures’ balance sheet show?

Siddha Ventures reported total assets of Rs 17.8605 crore at 30 September 2026, compared with Rs 14.6152 crore at 31 March 2026. Total equity was Rs 17.8089 crore at 30 September, compared with Rs 14.6061 crore at the preceding financial year-end.

Non-current assets increased to Rs 11.3271 crore from Rs 8.4773 crore over the six-month period. Other financial assets made up Rs 11.3173 crore of the 30 September non-current asset balance, versus Rs 8.4675 crore at 31 March 2026.

Current assets were Rs 6.5334 crore at 30 September 2026, up from Rs 6.1379 crore at 31 March 2026. Inventories increased to Rs 6.4726 crore from Rs 5.7887 crore, while cash and cash equivalents fell to Rs 3.17 lakh from Rs 31.78 lakh.

Current liabilities were Rs 5.16 lakh at 30 September 2026, compared with Rs 91,000 at 31 March 2026. The statement reports equity share capital of Rs 9.998 crore at both dates, while other equity increased to Rs 7.8109 crore from Rs 4.6081 crore.

What does the filing say about cash flow, tax and review?

Siddha Ventures’ cash-flow statement, labelled as for the year ended 30 September 2026, reports cash generated from operating activities of Rs 2.5637 crore. It reports Rs 2.8498 crore used in investing activities, including a Rs 2.8498 crore increase in loans, resulting in a net cash decrease of Rs 28.61 lakh.

Cash and cash equivalents started at Rs 31.78 lakh and ended at Rs 3.17 lakh, according to that statement. The indirect-method cash-flow presentation also reports Rs 1.60 crore of inventory increase and Rs 4.1189 crore of operating profit before working-capital changes.

The September 2026 quarterly results table leaves the current-tax and deferred-tax fields blank, while presenting profit before tax and profit for the period at Rs 3.1653 crore. In the September 2025 column, the table shows an income-tax charge for an earlier year of Rs 3.36 lakh alongside a pre-tax loss of Rs 6.46 lakh and a reported loss for the period of Rs 9.82 lakh.

Damle Dhandhania & Co issued its independent review report on 12 November 2026 for the quarter and year-to-date period ended 30 September 2026. The reviewer said nothing had come to its attention suggesting that the unaudited results were materially misstated, while also stating that a review provides less assurance than an audit.

Conclusion

Siddha Ventures’ September 2026 statement presents a year-on-year reversal from a Rs 9.82 lakh reported loss to Rs 3.1653 crore profit, with EPS moving from negative Rs 0.10 to Rs 3.17. Revenue from operations rose to Rs 4.6197 crore while expenses rose to Rs 1.4558 crore, and the company reported only one operating segment.

The next filing should clarify whether the June 2026 blank revenue cell and the September 2026 tax-row presentation are resolved in subsequent results. Investors can also watch cash, which declined to Rs 3.17 lakh at 30 September 2026 after Rs 2.8498 crore of investing cash outflow, principally related to loans.