Integrated Filing — IndAS



General information about company

Scrip Code 542233
NSE Symbol TREJHARA
MSEI Symbol NOTLISTED
ISIN INE00CA01015
Name of company TREJHARA SOLUTIONS 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 06-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-10-2026
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 Consolidated
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 Single segment
Start date and time of board meeting 06-11-2026   15:15:00
End date and time of board meeting 06-11-2026   16:15:00
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



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 Consolidated Consolidated
1 Income
Revenue from operations 7,795.18 14,558.95
Other income 26.43 107.65
Total income 7,821.61 14,666.60
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 998.35 1,952.46
(e) Finance costs 114.76 198.20
(f) Depreciation, depletion and amortisation expense 124.10 246.33
(f) Other Expenses
1 Freight forwarding and Other operating Expenses 5,543.13 10,089.63
2 Other Expenses 468.13 1,065.56
Total other expenses 6,011.26 11,155.19
Total expenses 7,248.47 13,552.18
3 Total profit before exceptional items and tax 573.14 1,114.42
4 Exceptional items 0.00 0.00
5 Total profit before tax 573.14 1,114.42
6 Tax expense
7 Current tax 148.15 209.63
8 Deferred tax (35.91) (35.15)
9 Total tax expenses 112.24 174.48
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 460.90 939.94
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 460.90 939.94
17 Other comprehensive income net of taxes 220.75 208.16
18 Total Comprehensive Income for the period 681.65 1,148.10
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 354.96 837.91
Total profit or loss, attributable to non-controlling interests 105.94 102.03
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 575.71 1,046.07
Total comprehensive income for the period attributable to owners of parent non-controlling interests 105.94 102.03
21 Details of equity share capital
Paid-up equity share capital 2,411.67 2,411.67
Face value of equity share capital 10 10
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 1.47 3.47
Diluted earnings (loss) per share from continuing operations 1.47 3.47
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 1.47 3.47
Diluted earnings (loss) per share from continuing and discontinued operations 1.47 3.47
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 Consolidated Financial Results: 3. The Company has consolidated financial results of all its five subsidiary companies (“together referred as Group”) as per Indian Accounting Standard 110 - Consolidated Financial Statements. 4. Other Expenses includes foreign exchange gain/ (loss) of INR (52.83) Lakhs and INR (22.01) Lakhs for the quarter and half year ended 30/09/2026 respectively. (Other Income includes quarter and half year ended September 30, 2025: foreign exchange gain of INR 328.05 Lakhs and INR 322.43 Lakhs, respectively). 5. The Company's standalone turnover, profit before tax, profit after tax and total comprehensive income is as under: (INR in Lakhs) Particulars Quarter ended 30/09/2026 (Unaudited) Quarter ended 30/06/2026 (Unaudited) Quarter ended 30/09/2025 (Unaudited) Half year ended 30/09/2026 (Unaudited) Half year ended 30/09/2025 (Unaudited) Year ended 31/03/2026 (Audited) Turnover 3,360.16 2,684.51 3,011.35 6,044.67 5,993.80 11,654.47 Profit before tax 12.41 32.37 462.29 44.78 515.07 1,655.84 Profit after tax 21.83 19.61 347.77 41.44 373.33 1,502.09 Total Comprehensive Income 27.24 29.17 357.28 56.41 381.01 1,506.30 6. The Nomination and Remuneration Committee and the Board of Directors of the Company, at their respective meetings held on May 21, 2026, approved the “Trejhara Solutions Limited – Employees Stock Purchase Scheme, 2026” (“Scheme”), pursuant to the applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Scheme was subsequently approved by the shareholders of the Company by way of a special resolution passed on August 16, 2026. The Company is in the process of obtaining the requisite approvals from the Stock Exchanges. 7. Effective November 21, 2025, the Government of India introduced four Labor Codes, namely the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020. Pursuant to the requirements of these Labor Codes, the Group has implemented the necessary changes by restructuring its employee compensation framework with effect from April 1, 2026. The Group will continue to monitor further developments, including the finalisation of the Central and State Rules under the New Labor Codes, which are yet to be notified, and shall evaluate and give effect to any consequential accounting adjustments, if any, arising therefrom in future periods, as and when required. 8. Accounting and reporting of information for Operating Segments are those components of the business whose operating results are regularly reviewed by the Group’s Chief Operating Decision Maker (CODM) to make decisions for performance assessment and resource allocation. The Group is organised into business units based on the nature of services rendered, the differing risks and returns and the internal business reporting system. Based on post-acquisition of Dubai based subsidiary, the Group being a logistics solution provider, intends to increase its logistics business through expansion of its digital footprint by innovation and analytical capabilities in the logistics sector. As a result, the Group believes that as per IND AS 108 — Operating Segments, logistics services is the single reportable segment, which includes other ancillary logistics and exhibition services which does not qualify for reportable segment as per IND AS 108 and hence there are no other reportable segments. 9. The Group has applied its material accounting policies in the preparation of this consolidated financial results consistent with those followed in the consolidated financial statements for the year ended March 31, 2026. 10. The figures for the earlier periods have been regrouped/ reclassified wherever necessary to make them comparable with those of the current period. 11. The Statutory Auditors of the Company have conduced limited review of the consolidated financial results for the quarter and half year ended 30/09/2026 pursuant to the requirement of Regulation 33 of the SEBI(LODR) Regulations, 2015 and have issued an unmodified conclusion in their review report. 12. The consolidated financial results for the quarter and half year ended 30/09/2026 have been extracted from the unaudited consolidated financial statements prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards (Ind AS) 34 “Interim Financial Reporting” as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder as amended from time to time and other recognised accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter referred to as “the SEBI Regulations”).These consolidated financial results have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 06/11/2026. Place: Navi Mumbai Date: 06/11/2026 For Trejhara Solutions Limited Amit Sheth Chairman & Director



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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 183.22
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 13,322.10
Other intangible assets 2,307.89
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 non-current financial assets 25.95
Total of other non-current financial assets 25.95
Total non-current financial assets 25.95
Deferred tax assets (net) 91.54
Other non-current assets
1 Right of Use Assets 161.46
2 Income Tax Assets 172.21
3 Other non-current assets 8,701.48
Total of other non-current assets 9,035.15
Total non-current assets 24,965.85
2 Current assets
Inventories 0.00
Current financial asset
Current investments 0.00
Trade receivables, current 4,322.35
Cash and cash equivalents 571.83
Bank balance other than cash and cash equivalents 1,110.95
Loans, current 594.49
Other current financial assets
Total of other current financial assets 4,594.58
Total current financial assets 11,194.20
Current tax assets (net) 0.00
Other current assets
1 Other current assets 4,242.93
Total of other current assets 4,242.93
Total current assets 15,437.13
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 40,402.98
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,411.67
Other equity 28,384.96
Total equity attributable to owners of parent 30,796.63
Non controlling interest 116.54
Total equity 30,913.17
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
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
1 Lease Liabilities, non-current 132.98
Total of other non-current financial liabilities 132.98
Total non-current financial liabilities 132.98
Provisions, non-current 322.54
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 455.52
Current liabilities
Current financial liabilities
Borrowings, current 2,198.96
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 38.93
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,297.34
Total Trade payable 2,336.27
Other current financial liabilities
1 Lease Liabilities, current 24.40
2 Other current financial liabilities 3,531.11
Total of other current financial liabilities 3,555.51
Total current financial liabilities 8,090.74
Other current liabilities 711.17
1 Other current liabilities 711.17
Total of other current liabilities 711.17
Provisions, current 88.95
Current tax liabilities (Net) 143.43
Deferred government grants, Current 0.00
Total current liabilities 9,034.29
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 9,489.81
Total equity and liabilites 40,402.98
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 Consolidated Consolidated
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Employee Benefit Remeasurements 5.42 14.98
Total Amount of items that will not be reclassified to profit and loss 5.42 14.98
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange Difference on Translating Foreign Operations 215.33 193.18
Total Amount of items that will be reclassified to profit and loss 215.33 193.18
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 220.75 208.16



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 Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,114.42
Adjustments for reconcile profit (loss)
Adjustments for finance costs 188.33
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (784.42)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
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 (630.84)
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 0.00
Adjustments for depreciation and amortisation expense 246.33
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 22.01
Adjustments for dividend income 0.00
Adjustments for interest income 52.67
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
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 32.82
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (978.44)
Net cash flows from (used in) operations 135.98
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 22.28
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 113.70
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 1,484.81
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 0.00
Purchase of property, plant and equipment 70.29
Proceeds from sales of investment property 0.00
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 1,837.30
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 29.76
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (93.53)
Net cash flows from (used in) investing activities (486.55)
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 8.99
Repayments of borrowings 0.00
Payments of lease liabilities 19.80
Dividends paid 0.00
Interest paid 77.59
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (88.40)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (461.25)
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 (461.25)
Cash and cash equivalents cash flow statement at beginning of period 1,033.08
Cash and cash equivalents cash flow statement at end of period 571.83





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto