📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
1 analysed today
FollowTelegram
1
Today
151,861
All-time analysed
43,535
Positive
6,743
Negative
92,746
Neutral
8,769
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
70 announcements match the current filters (relevance ≥ 5).
Shanthi Gears Q4 FY26: Profit Falls 30%, Record Order Booking of ₹178 Cr, ₹2 Final Dividend
Shanthi Gears reported a 21% annual de-growth in PBT to ₹102.70 Crores for FY26, driven by a 14% decline in revenue to ₹518.72 Crores. However, the company achieved its highest-ever quarterly order booking of ₹178 Crores in Q4, representing an 89% growth YoY. The Board recommended a final dividend of ₹2 per share, bringing the total dividend for FY26 to ₹5 per share. Management changes include the appointment of Mr. K Ilango as an Independent Director and the resignation of the Head of Technology.
Key Highlights
Annual revenue declined 14% to ₹518.72 Crores due to lower H1 order inflows and customer deferments
Q4 PBT stood at ₹21.81 Crores, down from ₹31.41 Crores in the same quarter last year
Achieved record quarterly order booking of ₹178 Crores in Q4 FY26, up 89% YoY
Total dividend for FY26 is ₹5 per share (500%) with a final dividend of ₹2 recommended
Unexecuted order book remains healthy at ₹349 Crores as of March 31, 2026
👀 What to Watch
Investors should focus on the execution of the record order book which suggests a potential turnaround in FY27 despite the weak FY26 earnings. The stock remains attractive for dividend seekers with a total payout of ₹5 per share.
Shanthi Gears FY26 Revenue Down 14%, Record Q4 Order Booking of ₹178 Cr; ₹2 Final Dividend
Shanthi Gears reported a 14% de-growth in annual revenue to ₹518.72 Crores for FY26, with Profit Before Tax (PBT) declining 21% to ₹102.70 Crores due to lower H1 order inflows. However, the company achieved its highest-ever quarterly order booking of ₹178 Crores in Q4 FY26, marking an 89% YoY growth. The Board has recommended a final dividend of ₹2 per share, bringing the total dividend for the year to ₹5. Management changes include the appointment of Mr. K Ilango as an Independent Director and the resignation of the Head of Technology.
Key Highlights
Annual revenue for FY26 stood at ₹518.72 Crores, a 14% decline compared to the previous year.
Record-high quarterly order booking of ₹178 Crores achieved in Q4 FY26, up 89% YoY.
Unexecuted order book as of March 31, 2026, remains strong at ₹349 Crores.
Recommended a final dividend of ₹2 per share (200%), totaling ₹5 per share for FY26.
Maintained a healthy Return on Invested Capital (ROIC) of 39% and Free Cash Flow of ₹29.83 Crores.
👀 What to Watch
While annual profitability was pressured, the record-high Q4 order inflow and strong closing order book of ₹349 Crores suggest a positive outlook for FY27. Investors should hold and monitor the company's ability to convert this order book into revenue amid management transitions in the technology department.
Shanti Gold Q4 FY26 Update: Revenue Surges 120% YoY, Volumes Up 25%
Shanti Gold International reported its strongest-ever quarterly performance in Q4 FY26, with revenue soaring over 120% YoY. This growth was driven by a 25% increase in volumes and high gold prices during the peak wedding season. For the full year FY26, the company achieved an 80% revenue increase and 15% volume growth. The company is successfully expanding its client base in Northern India and benefiting from the shift towards organized retail sourcing.
Key Highlights
Q4 FY26 revenue grew by over 120% YoY, marking the strongest quarterly performance in the company's history.
Gold volumes increased by 25% YoY in Q4 FY26 and 15% YoY for the full fiscal year 2026.
Full-year FY26 revenue rose by over 80% YoY, aided by volume expansion and elevated gold prices.
Successfully onboarded new clients in the Northern region, enhancing pan-India presence within the organized retail ecosystem.
👀 What to Watch
Investors should look for the upcoming audited financial results to confirm if the massive revenue growth translates into proportional margin expansion. The company's strong traction with organized retailers makes it a key beneficiary of the sector's formalization.
Shanti Gold Delays Dubai Subsidiary Incorporation to June 30, 2026
Shanti Gold International Limited has announced a revision in the timeline for incorporating its wholly owned subsidiary in Dubai, UAE. The expected completion date has been pushed from March 31, 2026, to June 30, 2026, representing a three-month delay. The company attributed this postponement to ongoing geopolitical tensions and conflict in the region, which have disrupted administrative processes and licensing. Management is currently working with local authorities to navigate these logistical bottlenecks and complete the process.
Key Highlights
Expected date of incorporation for Dubai subsidiary revised from March 31, 2026, to June 30, 2026.
Delay is caused by regional geopolitical tensions and war-like situations affecting UAE operations.
Administrative bottlenecks include delays in license issuance and documentation verification by local authorities.
The subsidiary is intended to be a wholly owned entity of Shanti Gold International Limited.
👀 What to Watch
Investors should monitor the geopolitical situation in the Middle East as it remains the primary hurdle for the company's international expansion. Track the new June 30 deadline for confirmation of successful incorporation.
Shanti Gold Proposes 5-Year Re-appointment and Pay Hike for MD and Whole-Time Director
Shanti Gold International Limited has issued a postal ballot notice to seek shareholder approval for the re-appointment of its top leadership for five-year terms starting September 1, 2026. The resolutions include the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-Time Director. Significantly, the company is also proposing an increase in remuneration for both directors, effective retroactively from February 1, 2026. Shareholders are invited to vote on these ordinary resolutions via electronic means between March 25 and April 23, 2026.
Key Highlights
Proposed 5-year re-appointment of MD Pankajkumar Jagawat from Sept 1, 2026, to Aug 31, 2031
Proposed 5-year re-appointment of WTD Manojkumar Jain from Sept 1, 2026, to Aug 31, 2031
Increase in remuneration for both directors effective from February 1, 2026
E-voting period scheduled from March 25, 2026, to April 23, 2026, with a cut-off date of March 20, 2026
👀 What to Watch
Investors should review the specific remuneration figures in the explanatory statement to ensure the pay hikes are commensurate with the company's financial performance and industry benchmarks. While management continuity is positive, the impact of increased managerial costs on net margins should be monitored.
Shanti Gold Re-appoints MD & WTD for 5-Year Terms; Approves Remuneration Hike
The Board of Shanti Gold International has approved the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director for a five-year tenure from September 2026 to August 2031. Both leaders have been with the company since its inception and possess over 20-25 years of experience in the jewellery industry. The board also approved an increase in their remuneration effective February 1, 2026, subject to shareholder approval via postal ballot. This move ensures management stability and continuity for the company's long-term operations.
Key Highlights
Re-appointment of Mr. Pankajkumar Jagawat as MD for a 5-year term starting September 1, 2026.
Re-appointment of Mr. Manojkumar Jain as Whole-time Director for a 5-year term starting September 1, 2026.
Increase in remuneration for both directors approved with effect from February 1, 2026.
MD Pankajkumar Jagawat brings over 25 years of experience in jewellery manufacturing and finance.
WTD Manojkumar Jain has over 20 years of experience in product development and operations.
👀 What to Watch
Investors should take confidence in the leadership continuity provided by these re-appointments of the company's founding leaders. Monitor the upcoming postal ballot for details on the specific quantum of the remuneration increase.
Shanti Gold Re-appoints MD and WTD for 5-Year Terms; Approves Remuneration Hike
The Board of Shanti Gold International has approved the re-appointment of Mr. Pankajkumar Jagawat as Managing Director and Mr. Manojkumar Jain as Whole-time Director for five-year terms starting September 1, 2026. Both leaders have been with the company since its inception and bring over 20-25 years of industry experience. Additionally, the board has approved an increase in their remuneration effective February 1, 2026. These decisions are subject to final approval from shareholders via a Postal Ballot.
Key Highlights
Re-appointment of Mr. Pankajkumar Jagawat as MD for a 5-year term from 2026 to 2031
Re-appointment of Mr. Manojkumar Jain as Whole-time Director for a 5-year term from 2026 to 2031
Remuneration increase for both key directors approved effective from February 1, 2026
Leadership continuity secured with executives holding 20-25+ years of industry experience
👀 What to Watch
Investors should view the leadership continuity as a positive sign for long-term strategic stability. However, they should review the specific remuneration details in the upcoming postal ballot to ensure the hikes are commensurate with the company's financial performance.
Shanti Gold Q3 FY26 Revenue Surges 110% to ₹637 Cr; Announces 4,000 kg Capacity Expansion
Shanti Gold International reported a stellar Q3 FY26 with revenue growing 110% YoY to ₹636.93 crore, driven by strong demand from organized retailers. The company's 9-month revenue of ₹1,359.78 crore has already surpassed the total revenue for the previous full fiscal year. Profitability saw a significant boost, with 9M PAT rising over 200% to ₹108.64 crore. To sustain growth, the company is expanding its manufacturing capacity by 4,000 kg per annum and entering the high-margin Mangalsutra segment.
Key Highlights
Q3 FY26 Revenue grew 110.06% YoY to ₹636.93 crore, while PAT increased to ₹40.08 crore.
9M FY26 volumes reached 1,285 kg, with revenue already exceeding the entire FY25 performance.
Announced a major capacity expansion of 4,000 kg per annum to meet rising demand from organized retail partners.
Credit rating upgraded by CARE Ratings to 'A- (Stable)' from 'BBB+', reflecting an improved financial profile.
Diversifying product portfolio with entry into the Mangalsutra category and a new mass-market product line.
👀 What to Watch
Investors should view the massive capacity expansion and shift towards organized retail as strong growth catalysts. Monitor the execution of the new capacity and the impact of gold price volatility on short-term margins.
Shanti Overseas Reports Q3 Profit of ₹161 Lakhs Amid Zero Operational Revenue; New CFO Appointed
Shanti Overseas (India) Limited reported a net profit of ₹161.28 lakhs for Q3 FY26, a turnaround from a loss of ₹206.24 lakhs in the same period last year. However, revenue from operations plummeted to zero for the quarter, with total income driven entirely by 'Other Income' of ₹397.88 lakhs. The company also announced a management change, with Mr. Sumit Suresh Bhinge taking over as CFO following the resignation of Mr. Pankaj Agarwal. Additionally, D R N & Associates has been appointed as the internal auditor for the next two fiscal years.
Key Highlights
Net profit of ₹161.28 lakhs in Q3 FY26 compared to a loss of ₹206.24 lakhs in Q3 FY25.
Revenue from operations fell to zero in Q3 FY26 from ₹1,778.53 lakhs in the year-ago period.
Total income for the quarter was ₹397.88 lakhs, consisting entirely of non-operational other income.
9-month revenue stands at only ₹32.00 lakhs versus ₹2,229.94 lakhs in the previous year.
Appointment of Mr. Sumit Suresh Bhinge as CFO effective February 13, 2026.
👀 What to Watch
Investors should exercise extreme caution as the reported profit is derived solely from non-operational income while core business revenue has vanished. Monitor the new CFO's ability to restore operational stability and clarify the source of 'Other Income'.
Shanti Overseas Reports Q3 Net Profit of ₹161.28 Lakhs and Appoints New CFO
Shanti Overseas (India) Limited reported a turnaround in Q3 FY26 with a net profit of ₹161.28 lakhs, compared to a loss of ₹206.24 lakhs in the same period last year. However, the company's revenue from operations for the quarter was nil, with the entire income of ₹397.88 lakhs coming from 'Other Income'. For the nine-month period ended December 2025, the company posted a profit of ₹175.34 lakhs against a loss of ₹263.94 lakhs in the previous year. Additionally, the company announced the appointment of Mr. Sumit Suresh Bhinge as the new CFO following the resignation of Mr. Pankaj Agarwal.
Key Highlights
Net Profit of ₹161.28 lakhs in Q3 FY26 versus a Net Loss of ₹206.24 lakhs in Q3 FY25.
Revenue from operations dropped to ₹0.00 for the quarter from ₹1,778.53 lakhs in the previous year's corresponding quarter.
Total income for Q3 was driven entirely by Other Income of ₹397.88 lakhs.
Mr. Sumit Suresh Bhinge appointed as Chief Financial Officer effective February 13, 2026.
9M FY26 Basic EPS improved to ₹1.58 from a negative ₹2.38 in 9M FY25.
👀 What to Watch
Investors should exercise caution as the reported profit is entirely supported by non-operational 'Other Income' while core business revenue has vanished. Monitor the company's next steps regarding its core business operations and the strategic direction under the new CFO.
Shanti Overseas Reports Q3 Net Profit of ₹1.61 Cr Despite Zero Operational Revenue
Shanti Overseas (India) Limited reported a net profit of ₹161.28 lakhs for the quarter ended December 31, 2025, a significant turnaround from a loss of ₹206.24 lakhs in the same quarter last year. However, the company recorded zero revenue from operations during the quarter, with the entire income of ₹397.88 lakhs coming from 'Other Income'. For the nine-month period, revenue from operations collapsed to ₹32.00 lakhs from ₹2,229.94 lakhs YoY. The company also announced a management change, appointing Mr. Sumit Suresh Bhinge as the new CFO following the resignation of Mr. Pankaj Agarwal.
Key Highlights
Net Profit of ₹161.28 lakhs in Q3 FY26 compared to a Net Loss of ₹206.24 lakhs in Q3 FY25.
Revenue from operations fell to zero in Q3 FY26 from ₹1,778.53 lakhs in the year-ago period.
Total income for the quarter was driven entirely by Other Income of ₹397.88 lakhs.
Nine-month revenue from operations stands at just ₹32.00 lakhs vs ₹2,229.94 lakhs in the previous year.
Appointment of Mr. Sumit Suresh Bhinge as CFO effective February 13, 2026.
👀 What to Watch
Investors should exercise caution as the current profitability is driven by non-operational income while core business revenue has effectively ceased. Monitor management's commentary on the suspension of operations and the sustainability of other income sources.
Shanti Gold to Invest Rs 4.28 Cr in Golkunda Diamonds via Convertible Warrants
Shanti Gold International Limited has approved a strategic investment of Rs 4.28 Crores in Golkunda Diamonds & Jewellery Limited. The company will acquire 2,00,000 convertible warrants at a price of Rs 214 per warrant through a private placement. Upon full conversion of these warrants into equity, Shanti Gold will hold a 2.42% stake in the target entity. This investment aligns with Shanti Gold's focus on the jewellery sector, where the target company reported a turnover of Rs 252.44 Crores in FY25.
Key Highlights
Investment of Rs 4.28 Crores for 2,00,000 convertible warrants at Rs 214 each.
Post-conversion stake estimated at 2.42% of Golkunda Diamonds' paid-up capital.
Target company Golkunda Diamonds reported a PAT of Rs 11.81 Crores for FY 2024-25.
The acquisition is a cash consideration and does not involve a related party transaction.
Golkunda Diamonds is a listed entity with a consistent turnover exceeding Rs 230 Crores over the last three years.
👀 What to Watch
Investors should view this as a positive capital allocation move into a profitable peer within the jewellery industry. Monitor the conversion of warrants and any potential operational synergies between the two entities.
Shanti Gold Q3 FY26 PAT Surges 128% YoY to ₹40.08 Cr; Revenue More Than Doubles
Shanti Gold reported a stellar Q3 FY26 with revenue jumping 110% YoY to ₹636.93 crore, driven by strong festive demand and a 31% increase in volumes. Profitability saw a significant boost as PAT rose 128% YoY to ₹40.08 crore, supported by a favorable product mix and gold price environment. The company's 9-month performance is equally robust, with PAT growing over 200% to ₹108.64 crore. Additionally, the company is expanding its manufacturing capacity by 4,000 kg to meet rising demand from organized retailers.
Key Highlights
Revenue from operations grew 110.06% YoY to ₹636.93 crore in Q3 FY26
Net Profit (PAT) increased by 127.97% YoY to ₹40.08 crore
Volume growth recorded at 31% YoY and 25% QoQ, reflecting strong market traction
Announced a significant capacity expansion of approximately 4,000 kg to service organized retail
9M FY26 EBITDA margins improved significantly to 11.71% from 7.49% in the previous year
👀 What to Watch
Investors should view the strong volume growth and margin expansion as positive indicators of the company's scaling capabilities in the organized jewellery sector. Monitor the execution of the 4,000 kg capacity expansion as it will be a key driver for future revenue growth.
Shanti Gold Q3 FY26: Revenue Jumps 98% YoY; Jaipur Expansion Underway
Shanti Gold International Limited reported a massive 98% year-on-year revenue surge for Q3 FY26, though net profit growth remained modest at 2%. For the nine-month period (9M FY26), revenue grew by 96% while profits increased by 4%, indicating significant top-line momentum but potential margin pressure. The company is actively expanding its manufacturing footprint with a new facility under construction in Jaipur and is targeting North Indian and export markets. Key financial health indicators include a Return on Equity (ROE) of 19.36% and a Return on Capital Employed (ROCE) of 17.97%.
Key Highlights
Q3 FY26 revenue grew by 98% YoY, while 9M FY26 revenue increased by 96% YoY
Net profit growth lagged behind revenue at 2% for Q3 FY26 and 4% for 9M FY26
Current manufacturing capacity is 2,700 kgs per annum across a 13,448 sq. ft. facility
New manufacturing facility in Jaipur is currently under construction to drive future growth
Maintained healthy financial ratios with ROE at 19.36% and ROCE at 17.97%
👀 What to Watch
Investors should monitor the company's ability to translate high revenue growth into better bottom-line margins as the Jaipur facility comes online. The stock shows strong market demand, but operational efficiency will be key to long-term value creation.
Shanti Gold Q3 FY26 Net Profit Rises 11% QoQ to ₹3.38 Crore; Revenue up 12%
Shanti Gold International reported a steady growth in its financial performance for the quarter ended December 31, 2025. Revenue from operations increased by 11.9% sequentially to ₹202.01 crore compared to ₹180.41 crore in the previous quarter. Net profit for the quarter stood at ₹3.38 crore, reflecting a growth of 10.9% over the ₹3.05 crore reported in Q2 FY26. The company, which listed in August 2025, continues to maintain its growth trajectory in the gold ornament manufacturing and wholesaling segment.
Key Highlights
Revenue from operations grew 11.9% QoQ to ₹202.01 crore in Q3 FY26.
Net Profit increased to ₹3.38 crore from ₹3.05 crore in the preceding quarter.
Total income for the nine months ended December 2025 reached ₹502.38 crore.
Earnings Per Share (EPS) for the quarter stood at ₹0.56 on a face value of ₹10.
Total expenses for the quarter were ₹197.84 crore, with cost of materials being the primary driver.
👀 What to Watch
Investors should monitor the company's ability to maintain margins amidst fluctuating gold prices and competitive pressures in the wholesale market. As a newly listed entity, consistent quarterly performance is a positive sign for long-term stability.
Shanti Gold Q3 FY26 Net Profit Rises 8.6% QoQ to ₹8.44 Crore; Revenue Up 9.2%
Shanti Gold International reported a steady performance for the quarter ended December 31, 2025, with revenue from operations reaching ₹113.67 crore, a 9.2% increase from the previous quarter. Net profit for the period stood at ₹8.44 crore, up from ₹7.77 crore in Q2 FY26. The company, which listed in August 2025, maintains a single-segment focus on gold ornament manufacturing and wholesaling. For the nine-month period, total income reached ₹312.26 crore with a cumulative net profit of ₹23.12 crore.
Key Highlights
Revenue from operations grew 9.2% QoQ to ₹113.67 crore in Q3 FY26
Net profit increased to ₹8.44 crore compared to ₹7.77 crore in the preceding quarter
Earnings Per Share (EPS) improved to ₹1.40 from ₹1.29 in Q2 FY26
Total income for the nine months ended December 2025 stood at ₹312.26 crore
Profit Before Tax (PBT) for the quarter was healthy at ₹11.31 crore
👀 What to Watch
Investors should monitor the company's ability to sustain this growth momentum post-IPO and track gold price volatility which may impact margins. The steady quarter-on-quarter growth is a positive signal for this recent market entrant.
Shanti Overseas CFO Pankaj Agrawal Resigns Effective February 9, 2026
Shanti Overseas (India) Limited has announced the resignation of Mr. Pankaj Agrawal from the position of Chief Financial Officer (CFO). The resignation is effective from the close of business hours on February 09, 2026. The departure is attributed to personal reasons and the pursuit of other professional opportunities. As a Key Managerial Personnel (KMP), his exit marks a significant change in the company's top leadership team.
Key Highlights
Mr. Pankaj Agrawal resigned as Chief Financial Officer effective February 09, 2026
Resignation is due to personal reasons and seeking further professional opportunities
Compliance filing completed under Regulation 30 of SEBI (LODR) Regulations, 2015
The company has not yet announced a successor for the CFO role
👀 What to Watch
Investors should watch for the appointment of a new CFO to ensure a smooth transition in financial management. A timely replacement is necessary to maintain stability in the company's financial reporting and strategic planning.
CARE Ratings Assigns 'CARE A-; Stable' to Shanti Gold's ₹223.53 Cr Bank Facilities
CARE Ratings has assigned a 'CARE A-; Stable' rating to Shanti Gold International's long-term bank facilities and 'CARE A2+' to short-term facilities totaling ₹223.53 crore. The company demonstrated strong growth with FY25 revenue reaching ₹1,107.1 crore and H1FY26 revenue at ₹722.85 crore. Following its ₹309 crore IPO in July 2025, the company's capital structure improved significantly, with overall gearing dropping from 1.62x to 0.32x. The ratings reflect the promoters' extensive experience and a diversified client base, though the business remains working capital intensive.
Key Highlights
CARE assigned 'CARE A-; Stable' for ₹2.53 crore long-term and ₹221 crore long/short-term bank facilities.
Overall gearing improved to 0.32x in H1FY26 from 1.62x in FY25, supported by ₹309 crore IPO proceeds.
PBILDT margins strengthened to 14.2% in H1FY26 compared to 8.3% in FY25, aided by inventory gains.
Total Operating Income grew at a 31% CAGR over the last five years, reaching ₹1,107.1 crore in FY25.
Company is investing ₹46 crore in a new Jaipur facility to add 1,200 kg/annum capacity by Q2FY27.
👀 What to Watch
Investors should note the investment-grade rating and significantly improved debt-to-equity ratio as positive indicators of financial stability post-listing. Monitor the company's ability to maintain margins amidst gold price volatility and the timely execution of the Jaipur capacity expansion.
CARE Ratings Assigns 'A-; Stable' Rating to Shanti Gold's ₹223.53 Cr Bank Facilities
CARE Ratings has assigned investment-grade ratings to Shanti Gold International Limited's bank facilities totaling ₹223.53 crore. The long-term facilities received a 'CARE A-; Stable' rating, while the combined long/short-term facilities were assigned 'CARE A-; Stable / CARE A2+'. This initial rating assignment indicates a stable credit profile and provides the company with validated creditworthiness for its significant working capital requirements. The rated facilities include term loans and fund-based/non-fund-based limits from major lenders like HDFC, Yes Bank, and Saraswat Bank.
Key Highlights
Assigned 'CARE A-; Stable' rating for long-term bank facilities of ₹2.53 crore
Assigned 'CARE A-; Stable / CARE A2+' for long-term/short-term facilities of ₹221.00 crore
Total bank facilities covered under the rating exercise amount to ₹223.53 crore
Significant credit lines include ₹124.50 crore from Saraswat Bank and ₹50.00 crore from HDFC Bank
👀 What to Watch
The 'A-' investment-grade rating suggests a healthy credit profile; investors should monitor if this helps the company lower its borrowing costs or secure better terms for future expansions.
Shanthi Gears Q3 Revenue Falls 26%, Declares ₹3 Dividend, CFO Resigns
Shanthi Gears reported a challenging Q3 FY26 with revenue declining 26% YoY to ₹116.82 Crores and Profit Before Tax dropping 39% to ₹21.59 Crores. Despite the earnings contraction, the company achieved its highest-ever quarterly order booking of ₹169 Crores, indicating a strong future pipeline. The Board declared an interim dividend of ₹3 per share (300%) with a record date of January 29, 2026. Concurrently, CFO Ranjan Kumar Pati has resigned to pursue external opportunities, effective March 19, 2026.
Key Highlights
Revenue decreased to ₹116.82 Crores in Q3 FY26 from ₹157.51 Crores in Q3 FY25
Profit Before Tax (PBT) fell to ₹21.59 Crores compared to ₹35.43 Crores in the previous year
Achieved record quarterly order booking of ₹169 Crores, representing 28% YoY growth
Declared interim dividend of ₹3 per share; unexecuted order book stands at ₹305 Crores
CFO Ranjan Kumar Pati to step down effective March 19, 2026
👀 What to Watch
While the quarterly earnings were weak due to past order lags, the record-high new order bookings suggest a recovery in the coming quarters. Investors should hold for the dividend while monitoring the company's ability to convert its ₹305 Crore order book into revenue under new financial leadership.
