Cell Point (India) Limited reported an unaudited net profit of ₹37.93 lakh for the six months ended September 30, 2026 (H1 FY27). The company had reported a net profit of ₹19.10 lakh in the same period last year.
The company sells smartphones, tablets, mobile accessories and other electronic products through its retail business. Its revenue from operations also increased during the first half of FY27.
The company's Board of Directors approved the financial results on November 10, 2026. The Audit Committee reviewed and recommended the results on the same day.
Revenue from Operations Rises ~7.6%
Cell Point reported revenue from operations of ₹19,035.92 lakh in H1 FY27, compared with ₹17,694.54 lakh in H1 FY26. This represents an increase of ~7.6% compared with the same period last year.
The company also reported other income of ₹23.29 lakh. Its total revenue for H1 FY27 stood at ₹19,059.21 lakh.
For the full financial year FY26, revenue from operations was ₹36,793.36 lakh. Revenue from operations in H1 FY27 was ~51.7% of the full-year FY26 figure.
Net Profit Rises to ₹37.93 Lakh
The company's total expenses during H1 FY27 stood at ₹19,031.62 lakh. Profit before tax was ₹27.59 lakh.
The company reported total tax expenses of negative ₹10.34 lakh, including current tax, deferred tax and income tax of earlier years. After considering this amount, net profit stood at ₹37.93 lakh.
In H1 FY26, the company had reported a net profit of ₹19.10 lakh. The latest figure represents an increase of ~98.6% compared with the same period last year.
For the six months ended March 31, 2026 (H2 FY26), the company had reported a net loss of ₹12.73 lakh. For the full financial year FY26, its net profit was ₹6.35 lakh.
The company reported basic and diluted earnings per share (EPS) of ₹0.020 for H1 FY27. EPS was ₹0.102 in H1 FY26 and ₹0.034 for the full financial year FY26. The company stated that the reported EPS figures were not annualised.
H1 FY27 Financial Results
| Particulars | H1 FY27 (₹ Lakh) | H2 FY26 (₹ Lakh) | H1 FY26 (₹ Lakh) | FY26 (₹ Lakh) |
|---|---|---|---|---|
| Revenue from Operations | 19,035.92 | 19,098.82 | 17,694.54 | 36,793.36 |
| Other Income | 23.29 | 29.57 | 28.79 | 58.37 |
| Total Revenue | 19,059.21 | 19,128.39 | 17,723.34 | 36,851.73 |
| Total Expenses | 19,031.62 | 19,061.11 | 17,696.72 | 36,757.84 |
| Profit Before Tax | 27.59 | 67.28 | 26.61 | 93.89 |
| Total Tax Expenses | (10.34) | 80.02 | 7.52 | 87.54 |
| Net Profit / (Loss) | 37.93 | (12.73) | 19.10 | 6.35 |
| EPS – Basic & Diluted (₹) | 0.020 | (0.068) | 0.102 | 0.034 |
Details of Expenses
Purchases were the company's biggest expense during H1 FY27. The company reported purchases of ₹16,908.03 lakh, compared with ₹15,508.52 lakh in H1 FY26.
The company reported a negative ₹506.90 lakh under changes in inventories of finished goods. Employee benefit expenses stood at ₹524.47 lakh.
Finance costs were ₹359.61 lakh, while depreciation and amortisation expenses were ₹173.25 lakh. Other expenses stood at ₹1,573.17 lakh.
Operating Profit and Operating Margin
The company did not separately report operating profit in the financial results. Based on the figures disclosed in the filing, operating profit works out to ₹537.16 lakh for H1 FY27.
This calculation uses the following formula:
Operating Profit = Profit Before Tax + Finance Costs + Depreciation and Amortisation − Other Income
For H1 FY27, the calculation is ₹27.59 lakh + ₹359.61 lakh + ₹173.25 lakh − ₹23.29 lakh = ₹537.16 lakh.
Based on revenue from operations of ₹19,035.92 lakh, the calculated operating margin is ~2.82%.
Balance Sheet Details
At September 30, 2026, Cell Point reported total assets of ₹16,997.91 lakh.
Share capital remained at ₹1,868.56 lakh. Reserves and surplus stood at ₹5,601.11 lakh, taking total shareholders' funds to ₹7,469.67 lakh.
Long-term borrowings were ₹4,130.11 lakh, while short-term borrowings stood at ₹3,738.61 lakh. The company's total borrowings were ₹7,868.72 lakh.
Inventory stood at ₹7,138.31 lakh. Trade receivables, which represent money customers have to pay the company, were ₹71.25 lakh. Cash and cash equivalents stood at ₹494.19 lakh.
Balance Sheet Summary
| Particulars | September 30, 2026 (₹ Lakh) | March 31, 2026 (₹ Lakh) |
|---|---|---|
| Share Capital | 1,868.56 | 1,868.56 |
| Reserves and Surplus | 5,601.11 | 5,563.18 |
| Total Shareholders' Funds | 7,469.67 | 7,431.74 |
| Long-term Borrowings | 4,130.11 | 3,114.95 |
| Short-term Borrowings | 3,738.61 | 4,595.77 |
| Inventories | 7,138.31 | 6,631.94 |
| Trade Receivables | 71.25 | 96.00 |
| Cash and Cash Equivalents | 494.19 | 592.68 |
| Total Assets / Liabilities | 16,997.91 | 16,910.50 |
Cash Flow Details
During H1 FY27, the company reported net cash generated from operating activities of ₹482.36 lakh. Cash generated from operations before income tax was ₹489.20 lakh. Income tax paid during the period was ₹6.84 lakh.
The company reported net cash used in investing activities of ₹625.25 lakh. This amount was used for the purchase of fixed assets.
Under financing activities, the company reported long-term borrowings of ₹1,015.16 lakh, repayment of short-term borrowings of ₹857.16 lakh and finance costs of ₹359.61 lakh. Net cash used in financing activities stood at ₹201.61 lakh.
The company reported a net decrease of ₹344.50 lakh in cash and cash equivalents during H1 FY27. The cash flow statement showed opening cash of ₹494.19 lakh and closing cash of ₹149.69 lakh.
Company Reports Store Theft Worth ₹42 Lakh
Cell Point disclosed that merchandise worth ₹42 lakh was stolen from one of its stores on October 28, 2026.
According to the company, the merchandise was in police custody. The company stated that it would estimate the loss or damage after receiving the merchandise and make the required provision in its books.
Auditor's Limited Review Report
Rao & Kumar LLP, Chartered Accountants, issued a limited review report on the company's unaudited financial results.
The auditor stated that nothing had come to its attention that caused it to believe that the financial results contained a material misstatement or failed to disclose the information required under the applicable regulations. The report also drew attention to Note 5 of the financial results.
A limited review has a narrower scope than a full audit and does not provide an audit opinion.
Company Reports One Business Segment
According to the company, its main business includes the retail sale of smartphones, tablets, mobile accessories, electronics and related products.
The company reported one business segment and stated that it operates in the domestic market. It also stated that separate segment reporting was not applicable.
No Investor Complaints Pending
The company reported that there were no investor complaints pending as of September 30, 2026.
Related Party Transactions
Cell Point also disclosed transactions with people and businesses connected to the company. These are known as related-party transactions.
Mohan Prasad Panday, Managing Director of the company, had reported transactions of ₹60 lakh for remuneration, ₹12 lakh for rent and ₹2 crore for sales commission.
Bala Balaji Panday, Whole-time Director, had reported transactions of ₹30 lakh for remuneration and ₹60 lakh for rent. The company also reported a salary transaction of ₹30 lakh for Panday Maha Vishnu Priya, identified in the filing as a shareholder and the spouse of Bala Balaji Panday.
Ponnada Gopal Ranga, Chief Financial Officer, had a remuneration transaction of ₹4,87,097. Chandrasekhar Raghavapudi, Company Secretary, had a remuneration transaction of ₹1,80,000.
The company also reported sitting fees of ₹1 lakh each for independent directors Yanamandra Suryanarayana Murthy and Sailaja.
Transactions with Lakshmi Narasimha Electronics LLP included purchases of ₹4,89,13,536 during the period. The filing also listed a trade advance for the firm.
Related Party Transaction Details
| Related Party and Relationship | Transaction | Approved by Audit Committee (₹) | Transaction Value During Period (₹) | Opening Balance (₹) | Closing Balance (₹) |
|---|---|---|---|---|---|
| Mohan Prasad Panday (Managing Director) | Remuneration | 60,00,000 | 60,00,000 | — | — |
| Mohan Prasad Panday (Managing Director) | Rent | 12,00,000 | 12,00,000 | — | — |
| Mohan Prasad Panday (Managing Director) | Sales Commission | 2,00,00,000 | 2,00,00,000 | — | 1,55,23,194.00 |
| Bala Balaji Panday (Whole-time Director) | Remuneration | 30,00,000 | 30,00,000 | — | — |
| Bala Balaji Panday (Whole-time Director) | Rent | 60,00,000 | 60,00,000 | — | — |
| Panday Maha Vishnu Priya (Shareholder and spouse of Bala Balaji Panday) | Salary | 30,00,000 | 30,00,000 | — | — |
| Ponnada Gopal Ranga (Chief Financial Officer) | Remuneration | 4,87,097 | 4,87,097 | — | 99,800.00 |
| Chandrasekhar Raghavapudi (Company Secretary) | Remuneration | 1,80,000 | 1,80,000 | 29,800.00 | 29,800.00 |
| Lakshmi Narasimha Electronics LLP (Firm in which a director, manager or relative is a partner) | Purchase | 4,88,78,030 | 4,89,13,536 | — | (35,506.00) |
| Lakshmi Narasimha Electronics LLP (Firm in which a director, manager or relative is a partner) | Trade Advance | 1,12,68,637.68 | — | — | (1,12,68,637.68) |
| Yanamandra Suryanarayana Murthy (Independent Director) | Sitting Fee | 1,00,000 | 1,00,000 | — | 1,00,000.00 |
| Sailaja (Independent Director) | Sitting Fee | 1,00,000 | 1,00,000 | — | 1,00,000.00 |
| Total | — | 8,89,80,633 | — | — |