Hilltone Software and Gas Reports Rs 61.17 Lakh Loss in Q2 FY26

Hilltone Software and Gas Limited, a company listed on the Indian stock market, has reported its financial results for the second quarter of the fiscal year 2026. The company's performance shows a significant shift from profit to loss compared to the same period last year.

Financial Highlights

Metric	Q2 FY26	Q2 FY25	Change
Net Profit/(Loss)	(61.17)	11.48	(72.65)
Revenue from Operations	345.02	206.96	66.71%

All financial figures in Rs lakh

Key Takeaways

Shift to Loss: Hilltone Software and Gas Limited posted a net loss of Rs 61.17 lakh for the quarter ended September 30, 2025. This marks a significant downturn from the profit of Rs 11.48 lakh reported in the same quarter of the previous year.
Revenue Growth: Despite the bottom-line challenges, the company's revenue from operations showed substantial growth. It increased to Rs 345.02 lakh from Rs 206.96 lakh year-on-year, representing a growth of approximately 66.71%.
Operational Challenges: The company's transition from profit to loss, despite increased revenue, suggests that higher expenses may have impacted operational performance.

Impact on Stakeholders

The reported loss and operational challenges could potentially affect the company's stakeholders. While the revenue growth is a positive sign, the inability to translate this into profitability might raise questions about the company's cost management and operational efficiency.

Investors may need to closely monitor the company's future performance and any strategic measures it might take to address these challenges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.43%	+1.30%	+35.56%	+52.31%	+301.59%	+301.59%

Hilltone Software and Gas Limited , a company specializing in industrial and medical gases, has announced significant corporate actions that will reshape its capital structure and expand its business scope. The company's board of directors approved several key decisions during a meeting held on August 23, 2025.

Preferential Share Issue

The board has given the green light for a preferential issue of 30,82,000 equity shares, each with a face value of Rs. 10.00. This issuance will be made to 33 investors, subject to shareholder approval and other necessary regulatory clearances. The move is expected to bolster the company's capital base and provide funds for future growth initiatives.

Key investors in this preferential allotment include:

Investor	Shares Allotted
Maynard George Mcalpin	4,40,000
Gurpreet Singh Pascricha	4,85,000
E Wizdom Private Limited	4,85,000
Padmanabha S. Bhatta	2,45,000

Increase in Authorized Share Capital

To accommodate the new share issuance, the board has approved an increase in the company's authorized share capital from Rs. 12.00 crore to Rs. 15.00 crore. This expansion will raise the total number of authorized shares from 1.2 crore to 1.5 crore equity shares, each with a face value of Rs. 10.00.

Expansion of Business Objectives

In a strategic move to diversify its operations, Hilltone Software and Gas Limited has approved alterations to its main business objectives. The company plans to expand into several new areas, including:

Industrial and medical gases production
Software development and IT services
Renewable energy, particularly solar power
Waste management and recycling operations
Digital marketing services
Artificial intelligence and machine learning
Hospitality business

These changes reflect the company's ambition to transform from a specialized gas manufacturer into a diversified conglomerate with interests across multiple sectors.

Corporate Governance Updates

The board has also decided to adopt a new set of Articles of Association to align with the provisions of the Companies Act, 2013. This update aims to modernize the company's governance structure and ensure compliance with current regulatory requirements.

Valuation and Pricing

CS Amrish N. Gandhi has been appointed as the registered valuer for determining the price of the new equity shares. The board has set August 29, 2025, as the relevant date for calculating the minimum price for the preferential allotment.

Impact on Shareholding

Post-allotment, the total shareholding of the 33 investors participating in the preferential issue is expected to increase from 13.72% to 32.70% of the company's equity. This significant change in ownership structure could potentially influence the company's strategic direction in the future.

The board meeting, which commenced at 3:30 PM and concluded at 4:15 PM, has set the stage for a transformative phase in Hilltone Software and Gas Limited's corporate journey. Shareholders will be watching closely as the company seeks approval for these wide-ranging changes at the upcoming Annual General Meeting.