Integrated Filing — IndAS



General information about company

Scrip Code 526397
NSE Symbol ALPHAGEO
MSEI Symbol NOTLISTED
ISIN INE137C01018
Name of company ALPHAGEO (INDIA) 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 12-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2026
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 Geophysical Data Acquisition, Processing and Interpretation Services
Start date and time of board meeting 12-11-2026   12:59:00
End date and time of board meeting 12-11-2026   14:30:00
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



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 2,211.97 10,424.91
Other income 139.01 453.21
Total income 2,350.98 10,878.12
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 388.77 960.50
(e) Finance costs 4.68 6.87
(f) Depreciation, depletion and amortisation expense 295.24 587.85
(f) Other Expenses
1 Geophysical survey and related expenses 1,062.45 6,151.81
2 Other expenses 226.17 823.51
Total other expenses 1,288.62 6,975.32
Total expenses 1,977.31 8,530.54
3 Total profit before exceptional items and tax 373.67 2,347.58
4 Exceptional items 0.00 0.00
5 Total profit before tax 373.67 2,347.58
6 Tax expense
7 Current tax 13.21 73.21
8 Deferred tax 113.32 541.39
9 Total tax expenses 126.53 614.60
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 247.14 1,732.98
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 (0.74) (0.73)
16 Total profit (loss) for period 246.40 1,732.25
17 Other comprehensive income net of taxes 58.60 54.92
18 Total Comprehensive Income for the period 305.00 1,787.17
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 235.79 1,661.72
Total profit or loss, attributable to non-controlling interests 10.61 70.53
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 294.39 1,716.64
Total comprehensive income for the period attributable to owners of parent non-controlling interests 10.61 70.53
21 Details of equity share capital
Paid-up equity share capital 636.48 636.48
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 3.71 26.11
Diluted earnings (loss) per share from continuing operations 3.71 26.11
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 3.71 26.11
Diluted earnings (loss) per share from continuing and discontinued operations 3.71 26.11
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 1 The above consolidated unaudited financial results for the quarter and half year ended 30th September, 2026 as reviewed by the audit committee and have been considered and approved by the Board of Directors at its meeting held on November 12, 2026. The statutory auditors of the company have expressed an unmodified opinion on these results. 2 The Statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 3 The Consolidated results include the unaudited financial results of Indian associate, and foreign subsidiary. 4 The group is engaged in the business of Geophysical Data Acquisition, Processing and interpretation Services and therefore, has only one reportable segment in accordance with Ind AS 108 Operating Segments. 5 During the financial year 2021-22, the Income Tax Department raised a demand on the Company in connection with disallowance of excess depreciation claimed on import of machinery, amounting to Rs. 601.53 lakhs. Further, during the financial year 2024–25, the Managing Director received a separate tax demand of Rs. 1,644.78 lakhs in his personal capacity in relation to the same matter, which has been indemnified by the Company and accordingly recognised as a non-current income tax asset.Based on external expert opinion obtained and management’s assessment of the facts and circumstances of the case, the Company believes that the matter is defensible on merits and the likelihood of an outflow of economic resources is not probable. Accordingly, no provision has been recognised in the financial statements in respect of this matter.The aggregate exposure in respect of the above matter amounting to Rs. 2,246.31 lakhs has been disclosed as a contingent liability. 6 During the financial year 2022-23, the Directorate of Enforcement provisionally seized fixed deposits aggregating Rs. 1,601.08 lakhs alleging contravention under the provisions of FEMA, 1999. During the financial year 2025-26, the Company received a show cause notice dated 29 January 2026 from the adjudicating authority in relation to the aforesaid matter. The matter is presently under adjudication.Based on legal opinion obtained, management believes that the Company has a strong case on merits and the likelihood of material outflow is not probable at this stage. Accordingly, no provision has been recognised in the financial statements in respect of this matter. However, considering the pending proceedings, the matter has been disclosed as a contingent liability. 7 During the quarter ended September 30, 2026, pursuant to the rights issue of equity shares by Alphageo Offshore Services Private Limited (AOSPL) and Alphageo (India) Limited (AGIL) renunciation of its rights entitlement in favour of Aquila Drilling Private Limited (ADPL)(an existing shareholder of AOSPL), the AGIL’s shareholding in AOSPL was diluted from 70% to 46.67%, resulting in loss of control with effect from September 18, 2026. Consequently, AOSPL ceased to be a subsidiary and has been accounted for as an associate from that date, as the Company continues to exercise significant influence. The retained investment has been recognized at fair value on the date of loss of control and is subsequently accounted for using the equity method in accordance with Ind AS 28. Subsequent to the rights issue, the increased Paid-up Capital led to a decrease in the book value per share causing an impact of Rs.124.10 lakhs as loss which has been recognised in the consolidated financial statements. 8 The abstract of Financial Results on Standalone basis is given below: PARTICULARS Quarter Ended Six months ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Total revenue from operations 2034.48 5,437.79 520.47 7472.27 4604.75 10972.04 Profit /(Loss) before tax from continuing operations 437.94 1701.37 (753.07) 2139.31 (647.10) (1910.67) Profit /(Loss) after tax from continuing operations 330.09 1273.67 (574.82) 1603.76 (483.10) (1429.49) Profit /(Loss) after tax from dis-continuing operations - - - - - - Other comprehensive income (Net of tax) (0.25) (1.25) (1.69) (1.50) (3.38) 5.73 Total comprehensive income 329.84 1272.42 (576.51) 1602.26 (486.48) (1423.76) 9 The figures for the corresponding previous period have been reclassified / regrouped wherever necessary to conform to current period classification. For ALPHAGEO (INDIA) LIMITED HYDERABAD Dinesh Alla November 12, 2026 Chairman & Managing Director DIN:01843423



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 5,609.08
Capital work-in-progress
Investment property
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 255.79
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
Total of other non-current financial assets
Total non-current financial assets 255.79
Deferred tax assets (net) 833.35
Other non-current assets
1 Income Tax Assets 2,510.63
2 Other non-current assets 21.56
Total of other non-current assets 2,532.19
Total non-current assets 9,230.41
2 Current assets
Inventories 149.03
Current financial asset
Current investments 3,166.70
Trade receivables, current 6,290.96
Cash and cash equivalents 5,475.28
Bank balance other than cash and cash equivalents 3,521.85
Loans, current 0.00
Other current financial assets
Total of other current financial assets 540.78
Total current financial assets 18,995.57
Current tax assets (net)
Other current assets
1 Other current assets 113.99
Total of other current assets 113.99
Total current assets 19,258.59
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 28,489.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 637.84
Other equity 26,097.42
Total equity attributable to owners of parent 26,735.26
Non controlling interest
Total equity 26,735.26
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
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 0.00
Provisions, non-current 134.25
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 134.25
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 91.92
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 72.91
Total Trade payable 164.83
Other current financial liabilities
1 other financial liabilities 1,298.70
Total of other current financial liabilities 1,298.70
Total current financial liabilities 1,463.53
Other current liabilities 146.00
1 other liabilities 146.00
Total of other current liabilities 146.00
Provisions, current 9.96
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1,619.49
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 1,753.74
Total equity and liabilites 28,489.00
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 Items that will not be reclassified to profit or loss (1.00) (2.00)
Total Amount of items that will not be reclassified to profit and loss (1.00) (2.00)
2 Income tax relating to items that will not be reclassified to profit or loss (0.75) (0.50)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 58.85 56.42
Total Amount of items that will be reclassified to profit and loss 58.85 56.42
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 58.60 54.92



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 2,347.58
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6.87
Adjustments for decrease (increase) in inventories 6.49
Adjustments for decrease (increase) in trade receivables, current (1,950.55)
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 (2,256.77)
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 587.85
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 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 272.50
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (117.41)
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 624.10
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (3,371.92)
Net cash flows from (used in) operations (1,024.34)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (60.62)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (963.72)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses (500.64)
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 35.92
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 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 209.40
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (395.83)
Net cash flows from (used in) investing activities (722.99)
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 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 318.24
Interest paid 6.87
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (325.11)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,011.82)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 55.31
Net increase (decrease) in cash and cash equivalents (1,956.51)
Cash and cash equivalents cash flow statement at beginning of period 7,431.79
Cash and cash equivalents cash flow statement at end of period 5,475.28