Ceenik Exports (India) Ltd reported a net profit of ₹134.57 lakh for the quarter ended June 30, 2026, reversing a net loss of ₹379.54 lakh in the corresponding quarter of FY26. This turnaround signals a stabilization in the company’s financial performance, driven largely by positive movements in its derivative trading segment and steady income from its realty and investments division. The Board of Directors approved the unaudited financial results on August 7, 2026, following a review by the Audit Committee.

The company’s total income from operations stood at ₹235.75 lakh in Q1FY27, compared to a negative income of ₹340.64 lakh in Q1FY26. This shift was largely attributable to the derivative trading business, which generated an income of ₹189.48 lakh this quarter, contrasting sharply with a loss of ₹388.27 lakh in the prior year period. Meanwhile, the Realty & Investments segment contributed ₹46.27 lakh, slightly down from ₹47.63 lakh in Q1FY26. Total expenses decreased to ₹53.90 lakh from ₹38.90 lakh in the previous year, with finance costs remaining stable at ₹23.85 lakh.

Financial Performance Overview

The following table outlines the key financial metrics for Ceenik Exports (India) Ltd. for the current and comparative periods:

The company discontinued its garment segment effective April 1, 2025. Consequently, all operational focus has shifted to Realty & Investments and Derivative Trading. The reclassification of segments has been reflected in the financial statements, with corresponding figures regrouped for clarity. The derivative trading segment’s assets are classified as current, including investments in equity pledges for derivatives.

Balance Sheet Position

As of June 30, 2026, the company’s total assets amounted to ₹4,954.72 lakh, a slight increase from ₹4,920.72 lakh at the end of FY26. Non-current assets remained largely stable at ₹3,989.37 lakh, dominated by investments in property valued at ₹3,593.80 lakh. Current assets increased to ₹965.35 lakh, driven by a rise in current investments to ₹854.55 lakh from ₹703.58 lakh in March 2026. Cash and cash equivalents declined to ₹33.13 lakh from ₹50.25 lakh.

Total equity and liabilities stood at ₹4,954.72 lakh. Borrowings decreased marginally, with non-current borrowings at ₹893.37 lakh and current borrowings at ₹2,232.02 lakh. Trade payables to entities other than micro and small enterprises fell significantly to ₹318.08 lakh from ₹455.92 lakh in the previous quarter, indicating improved working capital management.

What the Numbers Show

The most notable aspect of this quarter’s performance is the volatility inherent in the derivative trading segment. While this segment drove the return to profitability in Q1FY27 with a ₹189.48 lakh gain, it had posted losses of ₹462.47 lakh in Q4FY26 and ₹388.27 lakh in Q1FY26. This suggests that the company’s profitability remains highly sensitive to market conditions affecting its derivative positions. Investors should monitor the sustainability of these gains, as the underlying Realty & Investments segment continues to generate modest but stable income. The reduction in trade payables also hints at better liquidity management, although cash reserves have tightened slightly.

Ceenik Exports (India) Ltd announced that its shareholders have approved four resolutions through a postal ballot conducted via remote e-voting on July 2, 2026. The voting process, which sought approval for alterations to the company's Memorandum of Association and the regularization of a director's appointment, concluded with all resolutions securing the requisite majority. The record date for determining shareholder eligibility was May 29, 2026, with a total of 3,241 shareholders listed on the records.

The postal ballot notice, dated June 2, 2026, was issued in compliance with Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting facility was provided by NSDL, and the process remained open from June 3, 2026, to July 2, 2026. The scrutinizer's report, submitted by CS Dilip Kumar Swarnkar of Dilip Swarnkar & Associates, confirmed the results based on the data generated by NSDL.

The first resolution, a special resolution for the alteration of the main object clause of the Memorandum of Association, received 99.99% of the valid votes cast. A total of 2,668,667 votes were polled in favour, while 72 votes were cast against. The second resolution, an ordinary resolution to regularize the appointment of Mr. Nitin Hingorani (DIN: 07129497) as a director, was also passed with 99.99% approval, garnering 2,653,337 votes in favour and 72 against.

Shareholders also voted on two resolutions concerning related party transactions. The third resolution sought the ratification of related party transactions with M/s Niktin Properties & Estate Pvt Ltd for F.Y. 2025-26. This resolution received 97.92% approval, with 76,226 votes in favour and 1,616 against. Promoter votes totaling 2,590,897 were categorized as invalid for this resolution. The fourth resolution, for the approval of related party transactions, was passed with 97.90% of the valid votes in favour, amounting to 76,206 votes against 1,636 opposing votes. Similar to the third resolution, promoter votes amounting to 2,590,897 were marked as invalid.

The detailed voting results for the four resolutions are summarized below: