Integrated Filing — IndAS



General information about company

Scrip Code 541303
NSE Symbol AKSHAR
MSEI Symbol NOTLISTED
ISIN INE256Z01025
Name of company AKSHAR SPINTEX LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 27-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment SPINNING OF COTTON YARN
Start date and time of board meeting 27-10-2026   14:00:00
End date and time of board meeting 27-10-2026   14:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 3,569.05 6,562.36
Other income 64.00 121.32
Total income 3,633.05 6,683.68
2 Expenses
(a) Cost of materials consumed 2,717.73 5,159.98
(b) Purchases of stock-in-trade 0.00 176.95
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (11.94) (398.08)
(d) Employee benefit expense 161.95 305.63
(e) Finance costs 6.82 14.30
(f) Depreciation, depletion and amortisation expense 194.23 358.88
(f) Other Expenses
1 Other Expenses 507.95 905.58
Total other expenses 507.95 905.58
Total expenses 3,576.74 6,523.24
3 Total profit before exceptional items and tax 56.31 160.44
4 Exceptional items 0.00 0.00
5 Total profit before tax 56.31 160.44
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 25.87 70.19
9 Total tax expenses 25.87 70.19
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 30.44 90.25
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 30.44 90.25
17 Other comprehensive income net of taxes 0.31 2.07
18 Total Comprehensive Income for the period 30.75 92.32
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 7,874.68 7,874.68
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0 0.01
Diluted earnings (loss) per share from continuing operations 0 0.01
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0 0.01
Diluted earnings (loss) per share from continuing and discontinued operations 0 0.01
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to the financial results: 1.The Company's financial results for the quarter and half year ended September 30, 2026 have been reviewed by the Audit Committee and subsequently approved & taken on record by the Board of Directors of the Company at its meeting held on 27th October, 2026. 2.The Unaudited financial results for the quarter/half year ended September 30, 2026 have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 34 Interim Financial Reporting (Ind AS 34) prescribed under section 133 of The Companies Act , 2013 and other recognised accounting practices and the policies to the extend applicable. 3.Figures of previous reporting periods have been regrouped/reclassified wherever necessary to correspond with the figures of the current reporting period. 4.The Statement of Assets and Liabilities as at September 30, 2026 is provided as an Annexure to this Statement. 5.The Statement of Unaudited Cash Flows as at September 30, 2026 is provided as an Annexure to this Statement. 6.The Companies Operations fall under a single segment Spinning of Cotton Yarn . Hence, Segment reporting is not applicable as per Indian Accounting Standard (Ind AS) - 108 - Segment Reporting. 7.The Government of India has consolidated 29 existing labour legislations into unified framework comprising four Labour Codes viz Codes on Wages Act,2019,Codes on Social Security 2020,Industrial Relation Code 2020, and Ocuupational Safety,Health and Working Condition Code 2020 (collectively referred to as New Labour Codes).These Codes have been made effective from November 21,2025.The corresponding draft rules under these codes have been issued by the Government. The company continues to monitor the finalisation of Central/State Rules and clarifications from the Government on other aspects of the New Labour Codes and would provide appropriate accounting effect on the basis of such development as required.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 4,236.25
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial asset 277.07
Total of other non-current financial assets 277.07
Total non-current financial assets 277.07
Deferred tax assets (net) 68.19
Other non-current assets
Total of other non-current assets
Total non-current assets 4,581.51
2 Current assets
Inventories 3,877.16
Current financial asset
Current investments 0.00
Trade receivables, current 245.90
Cash and cash equivalents 6.50
Bank balance other than cash and cash equivalents 61.21
Loans, current 0.00
Other current financial assets
Total of other current financial assets
Total current financial assets 313.61
Current tax assets (net)
Other current assets
1 Other Current Assets 620.89
Total of other current assets 620.89
Total current assets 4,811.66
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 9,393.17
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 7,874.68
Other equity 304.01
Total equity attributable to owners of parent 8,178.69
Non controlling interest
Total equity 8,178.69
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 292.68
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 292.68
Provisions, non-current 25.14
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 317.82
Current liabilities
Current financial liabilities
Borrowings, current 148.43
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 622.51
Total Trade payable 622.51
Other current financial liabilities
1 Other Financial Liabilities 44.87
Total of other current financial liabilities 44.87
Total current financial liabilities 815.81
Other current liabilities 27.24
1 Other Current Liabilities 27.24
Total of other current liabilities 27.24
Provisions, current 53.61
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 896.66
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,214.48
Total equity and liabilites 9,393.17
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassifled to proflt or loss 1.40 2.80
Total Amount of items that will not be reclassified to profit and loss 1.40 2.80
2 Income tax relating to items that will not be reclassified to profit or loss 1.09 0.73
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.31 2.07



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 160.44
Adjustments for reconcile profit (loss)
Adjustments for finance costs 14.30
Adjustments for decrease (increase) in inventories 4.35
Adjustments for decrease (increase) in trade receivables, current 267.10
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 21.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (189.05)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities (9.98)
Adjustments for depreciation and amortisation expense 358.88
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 5.27
Adjustments for provisions, non-current 7.00
Adjustments for other financial liabilities, current (23.50)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.16
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 455.53
Net cash flows from (used in) operations 615.97
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 615.97
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment (619.84)
Purchase of property, plant and equipment 0.00
Proceeds from sales of investment property 1.50
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (618.34)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (62.32)
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (14.30)
Net cash flows from (used in) financing activities (76.62)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (78.99)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (78.99)
Cash and cash equivalents cash flow statement at beginning of period 146.71
Cash and cash equivalents cash flow statement at end of period 67.72





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Rights Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 07-10-2024
Amount Raised 4,874.81
Report filed for Quarter ended 30-09-2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 To repay in full certain identified long term unsecured loan obtained by the company NO 345.67 0.00 320.00 0.00 Unutilized Fund 25.40 lakhs as on 30.09.2026
2 To augment the existing and incremental working capital requirement of the company NO 3,300.00 0.00 3,300.00 0.00
3 Corporate expense related to issue transferred to General Corporate purpose NO 1,194.14 0.00 1,193.16 0.00 Unutilized fund is 19.18 Lakhs
4 Estimated issue related expense NO 35.00 18.70 16.30 0.00 The estimated issue related expenses is Rs. 35.00 lakhs out of that we have utilized fund in Expenses Rs. 16.30 lakhs rest of fund i.e. Rs. 18.70 lakhs has transferred to the General corporate purpose. We have GCB limit Rs. 24.63Lacs. we have adjusted Rs.18.70 lakhs to GCB


Signatory Details

Name of signatory Harikrushna Samjibhai Chauhan
Designation of person Director
Place HARIPAR
Date 27-10-2026




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Akshar Spintex Limited Dineshbhai Parbatbhai Paghdar Relative of Director Any other transaction Salary & Bonus NA 3.01 0.00 0.00
2 Akshar Spintex Limited Rekhaben Chauhan Relative of Director Any other transaction Salary & Bonus NA 3.30 0.00 0.00
3 Akshar Spintex Limited Harikrishna S. Chauhan Director Remuneration NA 5.00 0.50 0.00
4 Akshar Spintex Limited Ilaben Paghdar Director Remuneration NA 3.76 0.65 0.00
5 Akshar Spintex Limited Poonam P. Kapupara CHIEF FINANCIAL OFFICER Remuneration NA 1.75 0.00 0.00
6 Akshar Spintex Limited Dheeraj Sahoo Company Secretary Remuneration NA 0.00 0.00 0.00
7 Akshar Spintex Limited Harry Paghdar Relative of Director Any other transaction Salary & Bonus NA 0.00 0.00 0.00
8 Akshar Spintex Limited PRAVINABEN GOHIL Relative of Director Any other transaction Salary & Bonus NA 3.00 0.00 0.00
9 Akshar Spintex Limited Harikrishna S. Chauhan Director Loan NA 0.00 70.00 0.00 Loan 0 on demand Unsecured day to day expense and workingcapital
10 Akshar Spintex Limited Ilaben Paghdar Director Loan NA 150.00 0.00 150.00 Loan 0 on demand Unsecured day to day expense and workingcapital
11 Akshar Spintex Limited Namrata Seta Company Secretary Any other transaction Salary & Bonus NA 3.29 0.00 0.00
Total value of transaction during the reporting period 173.11





Format for Disclosing Outstanding Default on Loans and Debt Securities

Amount in (Lakhs)

<
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 265.71
B Of the total amount outstanding, amount of default as on date 0.00
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0.00
B Of the total amount outstanding, amount of default as on date 0.00
3. Total financial indebtedness of the listed entity including short-term and long-term debt 265.71