Vivekanand Cotspin Q2 FY27 Net Profit at Rs. 29.58 Lakhs, IPO Completed
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 04:58 PM IST · BSE ID: f843134f-fab9-4713-9a3d-286690b3e1c1
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its half-year financial results, showing a profit of Rs. 29.58 Lakhs after recently completing its IPO.
🤖 AI Summary
- Unaudited Financial Results for half-year ended 30th September, 2026 (Q2 FY27) approved by Board.
- Net Profit after tax for H1 FY27 reported at Rs. 29.58 Lakhs (Unaudited).
- Revenue from operations for H1 FY27 stood at Rs. 20,162.49 Lakhs (Unaudited).
- Company completed IPO in FY27, listing on BSE SME platform effective September 28, 2026.
- IPO proceeds of Rs. 1,950.95 Lakhs net of expenses, with Rs. 535.49 Lakhs utilized by September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (H1 FY27)
20,162.49 Lakhs
Not comparable — limited prior period data.
Total Income (H1 FY27)
20,241.39 Lakhs
Not comparable — limited prior period data.
Net Profit after tax (H1 FY27)
29.58 Lakhs
Not comparable — limited prior period data.
Basic Earnings Per Share (H1 FY27)
0.15 Rs
Not comparable — limited prior period data.
Cash and cash equivalents (as of 30.09.2026)
1,090.57 Lakhs
IPO Proceeds (Fresh Issue)
2,220.00 Lakhs
🏢 How This Affects the Company
The company continues its operations in the Textile Segment, with H1 FY27 revenue from operations at Rs. 20,162.49 Lakhs.
Net Profit after tax for H1 FY27 is Rs. 29.58 Lakhs. The IPO raised Rs. 2,220.00 Lakhs, contributing to a closing cash balance of Rs. 1,090.57 Lakhs as of September 30, 2026.
IPO proceeds are being utilized for capital expenditure on Plant & Machinery (Rs. 526.69 Lakhs utilized) and working capital requirements (Rs. 930.49 Lakhs utilized out of Rs. 1,100.00 Lakhs allocated).
The company is recently listed, meaning a limited public track record. The IPO has provided fresh equity capital, reducing reliance on certain forms of external borrowing.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Existing shareholders are affected by the company's financial performance, with Net Profit after tax at Rs. 29.58 Lakhs for H1 FY27. New shareholders from the IPO are now invested in the recently listed entity.
🔍
Management Signal
Management is progressing with IPO commitments, utilizing funds for capital expenditure and working capital as outlined in the prospectus, with Rs. 535.49 Lakhs utilized by September 30, 2026.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for continued profitability and revenue trends.
Utilization report for IPO proceeds — verify further deployment of funds for stated objectives.
Updates on capacity expansion from capital expenditure towards Plant & Machinery.
MEDIUM RISK
Recently listed company (IPO September 2026) with limited public financial history for trend analysis.
💡 Investor Takeaway
Vivekanand Cotspin Ltd reported Net Profit after tax of Rs. 29.58 Lakhs and Revenue from operations of Rs. 20,162.49 Lakhs for H1 FY27. The company recently completed its IPO and listed on BSE SME platform on September 28, 2026, raising Rs. 2,220.00 Lakhs.
⚖️ Strengths & Concerns
✅ Positives
- Strong closing cash and cash equivalents of Rs. 1,090.57 Lakhs as of September 30, 2026, significantly up from Rs. 29.75 Lakhs on March 31, 2026.
- Successful completion of IPO in FY27, raising Rs. 2,220.00 Lakhs, enhancing equity base and providing funds for growth initiatives.
⚠️ Concerns
- Net Profit after tax for H1 FY27 is Rs. 29.58 Lakhs, indicating tight margins relative to Revenue from operations of Rs. 20,162.49 Lakhs.
- The company was incorporated in 2024 and listed on September 28, 2026, offering limited comparable financial history as a publicly traded entity.
📅 Company Track Record
Vivekanand Cotspin Ltd was incorporated in 2024 and recently completed its initial public offering (IPO) in FY27, listing on the BSE SME platform effective September 28, 2026. Prior to this, it was known as Vivekanand Cotspin Pvt. Ltd. The company's public track record is limited.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Vivekanand Cotspin Ltd's net profit for the half-year ended September 30, 2026?
Vivekanand Cotspin Ltd reported a Net Profit after tax of Rs. 29.58 Lakhs for the half-year ended September 30, 2026 (H1 FY27).
What was the revenue from operations for Vivekanand Cotspin Ltd in H1 FY27?
Revenue from operations for Vivekanand Cotspin Ltd for the half-year ended September 30, 2026 (H1 FY27) was Rs. 20,162.49 Lakhs.
When did Vivekanand Cotspin Ltd complete its IPO?
Vivekanand Cotspin Ltd completed its initial public offering (IPO) in the financial year 2026-27, with equity shares listed on the BSE SME platform effective September 28, 2026.
How much capital did Vivekanand Cotspin Ltd raise through its IPO?
The IPO of Vivekanand Cotspin Ltd comprised a fresh issue of Equity Shares aggregating to Rs. 2,220.00 Lakhs.
What was Vivekanand Cotspin Ltd's cash and cash equivalents balance as of September 30, 2026?
As of September 30, 2026, Vivekanand Cotspin Ltd's closing balance of Cash and cash equivalents stood at Rs. 1,090.57 Lakhs.
Questions based on this BSE filing only. For information purposes.