Wisec Global payables rose to Rs 140.40 lakh in September

Wisec Global Limited reported trade payables of Rs 140.40 lakh at September 30, 2026, up Rs 130.56 lakh from Rs 9.84 lakh at March 31, 2026. Other non-current assets increased by Rs 136.19 lakh to Rs 164.19 lakh, while cash and cash equivalents declined Rs 2.35 lakh to Rs 0.82 lakh.

How did Wisec Global's balance sheet change by September 2026?

Wisec Global's total assets rose to Rs 168.15 lakh at September 30, 2026, from Rs 32.75 lakh at March 31, 2026, principally because other non-current assets increased to Rs 164.19 lakh from Rs 28.00 lakh. Total non-current assets consequently rose to Rs 164.78 lakh from Rs 28.69 lakh, while property, plant and equipment decreased to Rs 0.44 lakh from Rs 0.54 lakh.

Wisec Global's current assets fell to Rs 3.37 lakh at September 30 from Rs 4.06 lakh at the preceding year-end. Cash and cash equivalents declined to Rs 0.82 lakh from Rs 3.17 lakh, whereas trade receivables increased to Rs 2.55 lakh from Rs 0.41 lakh. Inventories were nil at September 30, compared with Rs 0.47 lakh on March 31.

Why did Wisec Global's trade payables increase?

Wisec Global's trade payables increased by Rs 130.56 lakh in the six months to September 30, reaching Rs 140.40 lakh from Rs 9.84 lakh at March 31. The cash-flow statement records the same Rs 130.56 lakh movement as an increase in operating liabilities, compared with a Rs 1.70 lakh increase during the year ended March 31, 2026. Other current liabilities also increased by Rs 0.26 lakh to Rs 1.18 lakh.

The increase in trade payables offset much of the working-capital cash use disclosed in the half-year cash-flow statement. That statement records a Rs 136.19 lakh increase in an item labelled “Other Current Assets” and a Rs 2.14 lakh increase in trade receivables. The balance sheet instead presents other non-current assets of Rs 164.19 lakh, compared with Rs 28.00 lakh at March 31, and the filing gives no reconciliation between the two labels.

Wisec Global's total current liabilities rose to Rs 141.58 lakh at September 30 from Rs 10.76 lakh at March 31. By comparison, long-term borrowings declined by Rs 1.42 lakh to Rs 62.43 lakh from Rs 63.85 lakh. The disclosed liability change was therefore concentrated in trade payables rather than in long-term borrowings.

What did the working-capital movements mean for operating cash flow?

Wisec Global used Rs 0.93 lakh in operating activities for the period ended September 30, 2026, compared with Rs 12.89 lakh used during the year ended March 31, 2026. Before working-capital changes, the cash-flow statement records Rs 6.11 lakh of operating profit for the current reporting period, against an operating loss of Rs 11.48 lakh in the previous financial year.

The cash-flow statement shows Rs 0.47 lakh from the reduction in inventories and Rs 130.56 lakh from the increase in trade payables. Those movements were offset by the Rs 136.19 lakh operating-asset movement, the Rs 2.14 lakh increase in trade receivables and the Rs 0.26 lakh increase in other current liabilities. Cash generated from operations was therefore negative Rs 0.93 lakh.

Wisec Global recorded no cash movement in investing activities for the period ended September 30, compared with Rs 0.36 lakh used for capital expenditure in the previous financial year. Financing activities used Rs 1.42 lakh in the current period, compared with Rs 14.15 lakh generated in the prior year. The combined movements reduced closing cash to Rs 0.82 lakh from an opening balance of Rs 3.17 lakh.

How did Wisec Global's operations compare with the balance-sheet movements?

Wisec Global reported revenue from operations of Rs 428.64 lakh for the half year ended September 30, 2026, compared with Rs 0.01 lakh in the corresponding previous half year. Purchases of stock-in-trade were Rs 414.81 lakh and total expenses were Rs 422.63 lakh. Profit before tax was Rs 6.01 lakh, against a loss before tax of Rs 6.59 lakh in the previous half year.

Groceries contributed Rs 405.30 lakh of half-year segment revenue, followed by the segment labelled Others at Rs 21.32 lakh. Advertising generated Rs 1.51 lakh and dry fruits generated Rs 0.51 lakh. In the September quarter, total revenue fell to Rs 21.82 lakh from Rs 406.82 lakh in the June quarter, and profit before tax changed to a Rs 4.92 lakh loss from a Rs 10.92 lakh profit.

Wisec Global reported finance cost of Rs 5.58 lakh for the half year, compared with Rs 4.06 lakh in the previous half year. The full Rs 5.58 lakh was recorded in the September quarter, while the June-quarter finance-cost line was nil. Other equity was negative Rs 1,200.87 lakh at September 30, compared with negative Rs 1,206.87 lakh on March 31, producing total equity of negative Rs 35.86 lakh versus negative Rs 41.86 lakh.

What else did Wisec Global disclose about liabilities and review?

Wisec Global reported total liabilities of Rs 168.15 lakh at September 30, 2026, compared with Rs 32.75 lakh at March 31. Non-current liabilities fell to Rs 62.43 lakh from Rs 63.85 lakh, while current liabilities rose by Rs 130.82 lakh to Rs 141.58 lakh. The Rs 130.56 lakh increase in trade payables accounted for nearly all of the increase in current liabilities.

Wisec Global's separate format for outstanding defaults records zero for loans or revolving facilities from banks and financial institutions, unlisted debt securities, and total financial indebtedness as of the disclosure date. The balance sheet separately reports long-term borrowings of Rs 62.43 lakh. The filing does not explain the difference between the balance-sheet borrowing line and the debt-default format.

Wisec Global's standalone results for the quarter and half year ended September 30 were reviewed by its audit committee and approved by its board on November 14, 2026. The company said its statutory auditors completed the limited review required under Securities and Exchange Board of India listing regulations and expressed an unqualified opinion. The disclosed operating segments were dry fruits, groceries, advertising and Others.

Conclusion

Wisec Global's September balance sheet reflects a substantial change in working-capital positions: other non-current assets rose Rs 136.19 lakh and trade payables increased Rs 130.56 lakh during the half year. The company reported Rs 6.01 lakh of half-year profit before tax, but operating activities used Rs 0.93 lakh and closing cash fell to Rs 0.82 lakh.

The next financial results can show whether the Rs 164.19 lakh other non-current asset balance and Rs 140.40 lakh trade-payable balance are maintained, reduced or further explained. The filing leaves unresolved the differing classification of the Rs 136.19 lakh cash-flow operating-asset movement and the balance-sheet other non-current asset increase.