Sobhagya Mercantile Approves 10-For-1 Bonus Issue Worth Rs110 Crore

Other Income Masks Weakness PAT at Rs 3.6 Cr in Q2 FY27, -22.3% YoY; includes Rs 1.7 Cr share of loss from associates. Revenue at Rs 44.3 Cr in Q2 FY27, -13.6% YoY. EBITDA at Rs 8.1 Cr, +16.9% YoY; Other Income at Rs 5.0 Cr vs nil, flattering EBITDA. EBITDA margin at 18.3% vs 13.5%. Engineering revenue fell ~23% YoY while Metal Sale grew ~35% YoY; Engineering EBDITA at Rs 16.2 Cr vs Metal loss of Rs 5.1 Cr. Board approved 10:1 bonus issue and increase in authorised capital to Rs 150 Cr, subject to EGM on 11 Dec 2026. Allotted 6,50,500 shares on warrant conversion in Jul 2026; 6,50,500 warrants remain outstanding. Utilised Rs 54.8 Cr of preferential proceeds (Rs 47.4 Cr in promoter HAM SPVs, Rs 7.5 Cr for general corporate purposes) with no deviation.