Supra Trends raises Rs 10.33 crore, cash ends at Rs 8.97 lakh

Supra Trends Limited reported a Rs 10.33 crore increase in share capital for the period ended September 30, 2026, but consolidated cash and cash equivalents fell Rs 8.01 lakh to Rs 8.97 lakh as Rs 7.70 crore of investing outflows exceeded net financing inflows. The board approved the unaudited results on November 13, 2026.

How much share capital did Supra Trends report?

Supra Trends reported a Rs 10.33 crore increase in share capital within consolidated financing cash flows for the period ended September 30, 2026. The same cash-flow statement recorded a Rs 2.74 crore negative amount on the line labelled “increase in share warrants”, resulting in net financing cash generation of Rs 7.59 crore.

The consolidated balance sheet showed equity share capital of Rs 23.66 crore at September 30, 2026, compared with Rs 13.54 crore at March 31, 2026. The balance-sheet increase was therefore Rs 10.12 crore, whereas the cash-flow statement showed a Rs 10.33 crore increase in share capital; the filing does not explain the difference between these reported movements.

Share warrants were reported at negative Rs 2.96 lakh at September 30, 2026, compared with Rs 2.74 crore at March 31, 2026. The negative Rs 2.74 crore warrants item in the cash-flow statement broadly corresponds with the March balance, but Supra Trends did not disclose the transaction or accounting mechanism behind the reduction.

Why did Supra Trends' cash decline after the capital increase?

Supra Trends' cash declined because net investing outflows of Rs 7.70 crore exceeded net financing inflows of Rs 7.59 crore, while operating activities generated Rs 2.83 lakh. Cash and cash equivalents fell from Rs 16.98 lakh at the beginning of the period to Rs 8.97 lakh at September 30, 2026.

The largest investing outflow was Rs 7.63 crore for long-term loans and advances. Purchase of fixed assets and changes in capital work-in-progress used a further Rs 6.62 lakh, while the statement reported no proceeds from fixed-asset sales in the period ended September 30, 2026.

The Rs 2.83 lakh operating cash generation followed a consolidated pre-tax loss of Rs 99.35 lakh for the half year. Within working-capital movements, borrowings contributed Rs 75.70 lakh and other current assets contributed Rs 54.11 lakh, whereas trade receivables used Rs 21.60 lakh and trade payables used Rs 37.02 lakh.

How did Supra Trends' balance sheet change by September 2026?

Supra Trends' consolidated total assets increased to Rs 26.86 crore at September 30, 2026 from Rs 19.81 crore at March 31, 2026. Non-current assets rose to Rs 11.17 crore from Rs 10.65 crore, and current assets increased to Rs 15.69 crore from Rs 9.16 crore.

Other financial assets rose to Rs 13.20 crore from Rs 6.25 crore, an increase of Rs 6.95 crore over the six-month period. Property, plant and equipment declined to Rs 5.60 crore from Rs 5.77 crore, while intangible assets were unchanged at Rs 4.88 crore.

Total equity increased to Rs 19.36 crore at September 30 from Rs 12.84 crore at March 31, despite other equity remaining negative at Rs 4.27 crore. Non-current liabilities rose to Rs 5.11 crore from Rs 4.57 crore, while current liabilities were Rs 2.39 crore at both reporting dates.

What operating performance accompanied the financing activity?

Supra Trends recorded a consolidated loss after tax of Rs 99.35 lakh for the half year ended September 30, 2026, compared with a Rs 50.43 lakh loss in the corresponding half year of 2025. Revenue from operations increased to Rs 5.18 crore from Rs 4.88 crore, a rise of Rs 29.33 lakh despite the wider loss.

For the quarter ended September 30, 2026, revenue was Rs 2.52 crore, below Rs 2.66 crore in the June 2026 quarter but above Rs 2.47 crore in the September 2025 quarter. The quarterly loss after tax was Rs 76.59 lakh, compared with Rs 22.77 lakh in June 2026 and Rs 15.34 lakh a year earlier.

Basic and diluted earnings per share were negative Rs 0.42 for the half year ended September 2026, compared with negative Rs 0.37 in the prior-year half year. Supra Trends stated that it operates in a single segment, so the filing provides no segment-level split of revenue, assets or profit.

Were Supra Trends' September 2026 consolidated results audited?

No, Supra Trends' consolidated results for the quarter and half year ended September 30, 2026 were unaudited and subject to a limited review by NSVR & Associates LLP. The board approved the results on November 13, 2026, and the reviewer said nothing had come to its attention indicating that the statement lacked required disclosures or contained a material misstatement.

The consolidated statement includes Rasvat Food Specialities Private Limited, a wholly owned Indian subsidiary, and Celest Hospitalities Private Limited, an Indian subsidiary. The review report said one included subsidiary reported September-quarter revenue of Rs 2.52 crore, half-year revenue of Rs 5.18 crore and a half-year net loss of Rs 99.35 lakh.

The reviewer stated that a limited review is based mainly on inquiries and analytical procedures and provides less assurance than an audit. Its conclusion on the relevant subsidiary information relied on that subsidiary's other auditor report and its own procedures under the applicable listing regulations.

Conclusion

The September 2026 filing shows that Supra Trends' Rs 10.33 crore share-capital increase did not lift period-end cash because investing activities used Rs 7.70 crore, led by Rs 7.63 crore of long-term loans and advances. Revenue increased by Rs 29.33 lakh year on year in the half year, but the loss after tax widened by Rs 48.92 lakh.

The next financial statement may provide further information on the Rs 7.63 crore long-term loans and advances, the Rs 13.20 crore other-financial-assets balance and cash after the September closing level of Rs 8.97 lakh. It may also clarify the difference between the Rs 10.33 crore cash-flow share-capital line and the Rs 10.12 crore increase in the balance-sheet share-capital balance.