Q4 FY26 quarterly results (January-March 2026)

5,116 companies have declared Q4 FY26 results so far, the latest on 15 Oct 2026.

Across the 4,645 non-financial companies with a year-ago quarter to compare, sales grew +12.4% and net profit +34.1% year on year, and the combined operating margin widened 10 bps to 14.3%.

For the 120 banks and lenders, net interest income grew +9.1% and net profit +11.1%.

55% of companies grew net profit; 472 turned a loss into a profit; 38% beat their own profit trend and 48% fell short of it.

Updated 17 Oct 2026, 00:20 IST 5116 declared
The next results season has started: 141 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q4 FY26 scoreboard

Sales growth
+12.4%
YoY, 4645 companies combined; median +11.7%
Net profit growth
+34.1%
YoY combined; median +16.1%
Operating margin
14.3%
+10 bps YoY
Grew profit
55%
472 turnarounds, 495 into loss
Vs own profit trend
38% / 48%
above / below, 14% in line
Banks: NII growth
+9.1%
120 lenders; profit +11.1%
Price since results
-5.6%
median; 31% of 36 stocks up
Other-income heavy
1375
25%+ of pre-tax profit from other income & one-offs

Latest Q4 FY26 results 5116

Page 158 of 171

Landmark Global Learning Ltd

544341 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -86.2%-82.6% 2.715.619.6
Operating profit to lossto loss -9.50.810.1
Other income -97.1%-98.9% 0.02.61.0
Net profit to lossto loss -9.42.17.8
EPS (₹) to lossto loss -4.541.003.78

Quality of profit

Pre-tax profit −₹10.3 Cr: core business −₹10.3 Cr, other income ₹0.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹11.3 Cr.

Borrowings ₹17.3 Cr at Mar 2026.

Capitalnumbers Infotech Ltd

544343 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -15% below its own trend
  • Operating margin contracted 285 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +4.0%-1.9% 52.053.050.0
Operating profit -8.3%-21.4% 11.014.012.0
OPM % -285 bps-526 bps 21.2%26.4%24.0%
Other income +0.0%-33.3% 4.06.04.0
Net profit -8.3%-26.7% 11.015.012.0
PAT margin % -285 bps-715 bps 21.2%28.3%24.0%
EPS (₹) -10.9%-27.7% 4.416.104.95

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹14.0 Cr: core business ₹10.0 Cr, other income ₹4.0 Cr.

Core profit YoY: -9.1% · reported profit -8.3%

Cash & debt

FY26 cash from operations ₹18.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹53.1₹52.0 -2.1% in line
Net profit₹13.0₹11.0 -15.2% below

RDB Real Estate Constructions Ltd

544346 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 780 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +454.7%— 17916.132.4
Operating profit from loss-25.5% 5.16.9-1.6
OPM % +780 bps-3988 bps 2.9%42.7%-4.9%
Other income -78.6%-79.0% 1.15.25.1
Net profit? loss narrowedloss widened -5.0-3.6-6.0
PAT margin % +1562 bps+1950 bps -2.8%-22.3%-18.4%
EPS (₹) loss narrowedloss narrowed -1.89-2.08-3.44

Quality of profit

Pre-tax profit −₹2.7 Cr: core business −₹3.8 Cr, other income ₹1.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹39.0 Cr.

Borrowings ₹558 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹33.5₹179 +436.5% above

CLN Energy Ltd

544347 · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit grew faster than the core business (core profit +18%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +35.4%+28.3% 195152144
Operating profit +40.0%+31.2% 21.016.015.0
OPM % +35 bps+24 bps 10.8%10.5%10.4%
Other income —+300.0% 4.01.00.0
Net profit? +50.0%+33.3% 12.09.08.0
PAT margin % +60 bps+23 bps 6.2%5.9%5.6%
EPS (₹) +44.4%+39.8% 11.358.127.86

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹17.0 Cr: core business ₹13.0 Cr, other income ₹4.0 Cr.

Core profit YoY: +18.2% · reported profit +50.0%

Cash & debt

FY26 cash from operations −₹46.0 Cr.

Borrowings ₹93.0 Cr at Mar 2026.

GB Logistics Commerce Ltd

544348 · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -83% below its own trend
  • Operating margin contracted 486 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -59.4%-7.4% 63.068.0155
Operating profit -90.0%-90.9% 1.011.010.0
OPM % -486 bps-1459 bps 1.6%16.2%6.5%
Other income —+300.0% 4.01.00.0
Net profit? -66.7%-71.4% 2.07.06.0
PAT margin % -70 bps-712 bps 3.2%10.3%3.9%
EPS (₹) -69.2%-72.7% 2.368.667.66

Quality of profit

Pre-tax profit ₹3.0 Cr: core business −₹1.0 Cr, other income ₹4.0 Cr.

Core profit YoY: to loss · reported profit -66.7%

Cash & debt

FY26 cash from operations ₹6.0 Cr.

Borrowings ₹44.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹310₹63.0 -79.7% below
Net profit₹12.0₹2.0 -83.3% below

H.M. Electro Mech Ltd

544349 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 201 bps YoY
  • Core business grew faster than reported profit (core profit +67%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +28.9%+188.2% 98.034.076.0
Operating profit +57.1%+175.0% 11.04.07.0
OPM % +201 bps-54 bps 11.2%11.8%9.2%
Other income —— 1.00.00.0
Net profit +40.0%+250.0% 7.02.05.0
PAT margin % +56 bps+126 bps 7.1%5.9%6.6%
EPS (₹) +47.3%+211.6% 5.391.733.66

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹10.0 Cr: core business ₹10.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +66.7% · reported profit +40.0%

Cash & debt

FY26 cash from operations ₹1.0 Cr.

Borrowings ₹15.0 Cr at Mar 2026.

Malpani Pipes And Fittings Ltd

544351 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -50% below its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +12.0%+32.9% 93.070.083.0
Operating profit +11.1%+42.9% 10.07.09.0
OPM % -9 bps+75 bps 10.8%10.0%10.8%
Other income —-100.0% 0.01.00.0
Net profit +0.0%+25.0% 5.04.05.0
PAT margin % -65 bps-34 bps 5.4%5.7%6.0%
EPS (₹) +4.8%+32.8% 4.783.604.56

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹7.0 Cr: core business ₹7.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +16.7% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹16.0 Cr.

Borrowings ₹22.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹101₹93.0 -8.4% below
Net profit₹10.0₹5.0 -50.0% below

Amwill Health Care Ltd

544353 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 1985 bps YoY
  • Core business grew faster than reported profit (core profit +200%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +41.2%+14.3% 24.021.017.0
Operating profit +200.0%+125.0% 9.04.03.0
OPM % +1985 bps+1845 bps 37.5%19.0%17.6%
Other income +100.0%+100.0% 2.01.01.0
Net profit +100.0%+100.0% 8.04.04.0
PAT margin % +980 bps+1429 bps 33.3%19.0%23.5%
EPS (₹) +79.5%+95.3% 3.771.932.10

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹10.0 Cr: core business ₹9.0 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +200.0% · reported profit +100.0%

Cash & debt

FY26 cash from operations ₹8.0 Cr.

Borrowings nil at Mar 2026.

Solarium Green Energy Ltd

544354 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 269 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +69.6%+114.5% 251117148
Operating profit +21.4%+30.8% 17.013.014.0
OPM % -269 bps-434 bps 6.8%11.1%9.5%
Other income +400.0%+66.7% 5.03.01.0
Net profit +0.0%+22.2% 11.09.011.0
PAT margin % -305 bps-331 bps 4.4%7.7%7.4%
EPS (₹) +1.7%+21.9% 5.394.425.30

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹15.0 Cr: core business ₹10.0 Cr, other income ₹5.0 Cr.

Core profit YoY: -9.1% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹18.0 Cr.

Borrowings ₹157 Cr at Mar 2026.

Covance Softsol Ltd

544361 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1967 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 12% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +76.5%+15.9% 42.736.824.2
Operating profit —-19.7% 9.912.30.8
OPM % +1967 bps-1025 bps 23.1%33.3%3.4%
Other income +158.4%-25.1% 3.24.31.2
Net profit? from loss-50.0% 6.312.6-1.9
PAT margin % +2269 bps-1948 bps 14.8%34.2%-7.9%
EPS (₹) from loss-50.1% 2.845.69-0.87

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹10.8 Cr: core business ₹7.6 Cr, other income ₹3.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹4.0 Cr: 12% of FY26 net profit of ₹34.4 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹33.9₹42.7 +26.1% above

Shanmuga Hospital Ltd

544365 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +55% above its own trend
  • Profit grew faster than the core business (core profit +0%)
₹ CrYoY Mar 2026Mar 2025
Sales -1.8% 22.823.2
Operating profit -2.1% 3.73.8
OPM % -6 bps 16.3%16.4%
Other income — 0.50.0
Net profit +21.5% 2.21.8
PAT margin % +185 bps 9.6%7.8%
EPS (₹) +21.8% 1.621.33

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹3.0 Cr: core business ₹2.4 Cr, other income ₹0.5 Cr.

Core profit YoY: +0.4% · reported profit +21.5%

Cash & debt

FY26 cash from operations ₹12.3 Cr.

Borrowings ₹6.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹23.9₹22.8 -4.7% in line
Net profit₹1.4₹2.2 +54.8% above

L.K.Mehta Polymers Ltd

544366 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 34% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +17.4%-8.8% 13.915.311.9
Operating profit +1.3%+41.1% 0.80.60.8
OPM % -90 bps+201 bps 5.7%3.7%6.6%
Other income +88.9%-5.6% 0.20.20.1
Net profit -5.7%+10.0% 0.30.30.3
PAT margin % -58 bps+41 bps 2.4%2.0%3.0%
EPS (₹) -5.5%+10.3% 0.860.780.91

Quality of profit

Core 66%Other income & one-offs 34%

Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.

Core profit YoY: -10.8% · reported profit -5.7%

Cash & debt

FY26 cash from operations −₹7.8 Cr.

Borrowings ₹10.2 Cr at Mar 2026.

Swasth Foodtech India Ltd

544368 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +38.8%+11.0% 11110080.0
Operating profit +0.0%from loss 2.0-2.02.0
OPM % -70 bps+380 bps 1.8%-2.0%2.5%
Other income —— 1.00.00.0
Net profit +0.0%from loss 1.0-3.01.0
PAT margin % -35 bps+390 bps 0.9%-3.0%1.2%
EPS (₹) +105.9%from loss 2.08-4.461.01

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹1.0 Cr: core business ₹1.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +0.0% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹0.0 Cr.

Borrowings ₹20.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹105₹111 +6.0% above

Beezaasan Explotech Ltd

544369 · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -25% below its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -2.6%+11.0% 111100114
Operating profit -11.1%-38.5% 8.013.09.0
OPM % -69 bps-579 bps 7.2%13.0%7.9%
Other income +0.0%+0.0% 1.01.01.0
Net profit? +0.0%-37.5% 5.08.05.0
PAT margin % +12 bps-350 bps 4.5%8.0%4.4%
EPS (₹) -14.9%-48.2% 3.316.393.89

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹6.0 Cr: core business ₹5.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -16.7% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹2.0 Cr.

Borrowings ₹37.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹121₹111 -8.1% below
Net profit₹6.7₹5.0 -25.0% below

Nukleus Office Solutions Ltd

544370 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +29.2%+9.8% 18.616.914.4
Operating profit +31.5%+28.6% 4.83.73.6
OPM % +46 bps+377 bps 25.6%21.9%25.2%
Other income +128.6%-20.0% 0.30.40.1
Net profit -14.9%-16.4% 1.01.21.1
PAT margin % -271 bps-163 bps 5.2%6.9%7.9%
EPS (₹) -14.8%-16.3% 2.412.882.83

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹1.3 Cr: core business ₹1.0 Cr, other income ₹0.3 Cr.

Core profit YoY: -26.1% · reported profit -14.9%

Cash & debt

FY26 cash from operations ₹3.6 Cr.

Borrowings ₹18.0 Cr at Mar 2026.

Vikram Aroma Ltd

544371 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 120 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +18.2%+55.3% 7.44.86.2
Operating profit +70.6%+16.0% 0.30.20.2
OPM % +120 bps-133 bps 3.9%5.3%2.7%
Other income from loss+116.7% 0.10.1-0.0
Net profit from lossfrom loss 0.2-0.0-0.6
PAT margin % +1193 bps+301 bps 2.2%-0.8%-9.8%
EPS (₹) from lossfrom loss 0.51-0.13-1.95

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹1.1 Cr.

Borrowings ₹3.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.0₹7.4 +23.9% above

Shreenath Paper Products Ltd

544372 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 569 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +18.0%+7.3% 59.055.050.0
Operating profit to lossto loss -1.01.02.0
OPM % -569 bps-351 bps -1.7%1.8%4.0%
Other income +150.0%+150.0% 5.02.02.0
Net profit +0.0%+100.0% 2.01.02.0
PAT margin % -61 bps+157 bps 3.4%1.8%4.0%
EPS (₹) +9.3%+171.8% 1.060.390.97

Quality of profit

Pre-tax profit ₹3.0 Cr: core business −₹2.0 Cr, other income ₹5.0 Cr.

Core profit YoY: — · reported profit +0.0%

Cash & debt

FY26 cash from operations −₹7.0 Cr.

Borrowings ₹27.0 Cr at Mar 2026.

NAPS Global India Ltd

544373 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 476 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +31.0%-19.1% 55.068.042.0
Operating profit -100.0%-100.0% 0.02.02.0
OPM % -476 bps-294 bps 0.0%2.9%4.8%
Other income —— 0.00.00.0
Net profit -100.0%-100.0% 0.01.01.0
PAT margin % -238 bps-147 bps 0.0%1.5%2.4%
EPS (₹) -79.9%-78.0% 0.632.873.14

Quality of profit

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -100.0% · reported profit -100.0%

Cash & debt

FY26 cash from operations ₹2.0 Cr.

Borrowings nil at Mar 2026.

PDP Shipping & Projects Ltd

544378 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -91% below its own trend
  • Operating margin contracted 1715 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +25.2%+19.1% 15.112.712.1
Operating profit -74.6%-45.0% 0.71.22.6
OPM % -1715 bps-508 bps 4.4%9.4%21.5%
Other income +400.0%-32.4% 0.20.40.1
Net profit -81.8%-63.0% 0.30.91.9
PAT margin % -1322 bps-499 bps 2.2%7.2%15.5%
EPS (₹) -81.9%-63.1% 1.143.096.29

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹0.6 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.

Core profit YoY: -85.2% · reported profit -81.8%

Cash & debt

FY26 cash from operations −₹1.6 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹13.8₹15.1 +9.6% above
Net profit₹3.7₹0.3 -90.9% below

Super Iron Foundry Ltd

544381 · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 480 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +36.4%+136.8% 18076.0132
Operating profit +108.3%+177.8% 25.09.012.0
OPM % +480 bps+205 bps 13.9%11.8%9.1%
Other income —+0.0% 1.01.00.0
Net profit? +300.0%— 16.00.04.0
PAT margin % +586 bps+889 bps 8.9%0.0%3.0%
EPS (₹) +338.4%— 6.970.151.59

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹18.0 Cr: core business ₹16.0 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +220.0% · reported profit +300.0%

Cash & debt

FY26 cash from operations −₹25.0 Cr.

Borrowings ₹122 Cr at Mar 2026.

Paradeep Parivahan Ltd

544383 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 313 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +5.1%+16.9% 208178198
Operating profit -16.7%-3.8% 25.026.030.0
OPM % -313 bps-259 bps 12.0%14.6%15.2%
Other income —— 3.00.00.0
Net profit -26.3%-12.5% 14.016.019.0
PAT margin % -287 bps-226 bps 6.7%9.0%9.6%
EPS (₹) -24.4%-12.4% 9.0310.3111.94

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹22.0 Cr: core business ₹20.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -13.0% · reported profit -26.3%

Cash & debt

FY26 cash from operations ₹18.0 Cr.

Borrowings ₹66.0 Cr at Mar 2026.

Desco Infratech Ltd

544387 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -17% below its own trend
  • Operating margin contracted 214 bps YoY
  • Core business grew faster than reported profit (core profit +100%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +108.1%+83.3% 77.042.037.0
Operating profit +87.5%+66.7% 15.09.08.0
OPM % -214 bps-195 bps 19.5%21.4%21.6%
Other income —— 0.00.00.0
Net profit +66.7%+66.7% 10.06.06.0
PAT margin % -323 bps-130 bps 13.0%14.3%16.2%
EPS (₹) +75.7%+65.4% 13.308.047.57

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹14.0 Cr: core business ₹14.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +100.0% · reported profit +66.7%

Cash & debt

FY26 cash from operations −₹18.0 Cr.

Borrowings ₹14.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹64.9₹77.0 +18.7% above
Net profit₹12.0₹10.0 -16.7% below

Identixweb Ltd

544388 · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +84% above its own trend
  • Operating margin contracted 1344 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +65.8%+25.6% 7.35.84.4
Operating profit +33.1%+13.1% 4.03.53.0
OPM % -1344 bps-608 bps 54.8%60.9%68.3%
Other income +675.0%+24.0% 0.30.20.0
Net profit? +83.2%+14.6% 2.52.21.4
PAT margin % +329 bps-332 bps 34.6%37.9%31.3%
EPS (₹) +12.8%+6.0% 2.642.492.34

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹3.6 Cr: core business ₹3.3 Cr, other income ₹0.3 Cr.

Core profit YoY: +38.5% · reported profit +83.2%

Cash & debt

FY26 cash from operations ₹3.9 Cr.

Borrowings ₹0.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹5.6₹7.3 +30.8% above
Net profit₹1.4₹2.5 +84.1% above

Retaggio Industries Ltd

544391 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2191 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +348.9%— 51.42.211.5
Operating profit from loss— 6.10.4-1.1
OPM % +2191 bps-776 bps 11.9%19.6%-10.0%
Other income —— 0.00.00.0
Net profit from loss— 4.70.1-1.4
PAT margin % +2158 bps+408 bps 9.1%5.0%-12.5%
EPS (₹) from loss— 2.580.07-1.53

Quality of profit

Pre-tax profit ₹5.5 Cr: core business ₹5.5 Cr, other income ₹0.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations −₹25.2 Cr.

Borrowings ₹19.0 Cr at Mar 2026.

Infonative Solutions Ltd

544393 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -71% below its own trend
  • Operating margin contracted 1912 bps YoY
  • 56% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -71%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +4.9%-9.3% 10.912.110.4
Operating profit -57.8%-26.6% 1.41.93.3
OPM % -1912 bps-303 bps 12.9%15.9%32.0%
Other income +212.1%+77.6% 1.00.60.3
Net profit -41.7%-11.8% 1.31.52.3
PAT margin % -979 bps-36 bps 12.2%12.6%22.0%
EPS (₹) -57.2%-11.7% 1.131.282.64

Quality of profit

Core 44%Other income & one-offs 56%

Pre-tax profit ₹1.8 Cr: core business ₹0.8 Cr, other income ₹1.0 Cr.

Core profit YoY: -70.9% · reported profit -41.7%

Cash & debt

FY26 cash from operations ₹3.1 Cr.

Borrowings ₹4.9 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹13.2₹10.9 -17.1% below
Net profit₹4.6₹1.3 -70.9% below

Kenrik Industries Ltd

544398 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -147% below its own trend
  • Operating margin contracted 301 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +9.7%+162.4% 58.122.152.9
Operating profit to lossto loss -0.70.80.9
OPM % -301 bps-483 bps -1.3%3.6%1.8%
Other income +0.0%— 0.00.00.0
Net profit to lossto loss -0.60.60.6
PAT margin % -221 bps-364 bps -1.0%2.6%1.2%
EPS (₹) to lossto loss -0.470.460.70

Quality of profit

Pre-tax profit −₹0.7 Cr: core business −₹0.7 Cr, other income ₹0.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹9.6 Cr.

Borrowings ₹0.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹61.8₹58.1 -6.1% below
Net profit₹1.3−₹0.6 -146.8% below

Srigee Dlm Ltd

544399 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +117% above its own trend
  • Operating margin contracted 301 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +0%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +46.2%+146.3% 51.420.935.2
Operating profit +5.3%+121.1% 4.01.83.8
OPM % -301 bps-88 bps 7.7%8.6%10.8%
Other income —+438.9% 2.90.50.1
Net profit +104.8%+312.7% 5.51.32.7
PAT margin % +308 bps+434 bps 10.8%6.4%7.7%
EPS (₹) +46.1%+313.4% 9.262.246.34

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹6.0 Cr: core business ₹3.1 Cr, other income ₹2.9 Cr.

Core profit YoY: +0.0% · reported profit +104.8%

Cash & debt

FY26 cash from operations ₹9.3 Cr.

Borrowings ₹8.3 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹28.0₹51.4 +83.8% above
Net profit₹2.5₹5.5 +117.4% above

Manoj Jewellers Ltd

544400 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +28.6%-34.8% 45.069.035.0
Operating profit +25.0%-37.5% 5.08.04.0
OPM % -32 bps-48 bps 11.1%11.6%11.4%
Other income —— 0.00.00.0
Net profit +50.0%-50.0% 3.06.02.0
PAT margin % +95 bps-203 bps 6.7%8.7%5.7%
EPS (₹) -10.3%-40.4% 3.756.294.18

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹5.0 Cr: core business ₹4.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +33.3% · reported profit +50.0%

Cash & debt

FY26 cash from operations −₹11.0 Cr.

Borrowings ₹17.0 Cr at Mar 2026.

Unified Data Tech Solutions Ltd

544406 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 179 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +38%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +21.9%-6.7% 139149114
Operating profit +37.5%+15.8% 22.019.016.0
OPM % +179 bps+308 bps 15.8%12.8%14.0%
Other income +800.0%+125.0% 9.04.01.0
Net profit +91.7%+35.3% 23.017.012.0
PAT margin % +602 bps+514 bps 16.5%11.4%10.5%
EPS (₹) +94.2%+35.9% 11.698.606.02

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹31.0 Cr: core business ₹22.0 Cr, other income ₹9.0 Cr.

Core profit YoY: +37.5% · reported profit +91.7%

Cash & debt

FY26 cash from operations ₹2.0 Cr.

Borrowings nil at Mar 2026.

Astonea Labs Ltd

544409 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 563 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -16.9%+22.7% 81.066.097.5
Operating profit -47.1%+60.0% 8.05.015.1
OPM % -563 bps+230 bps 9.9%7.6%15.5%
Other income -100.0%— 0.00.00.2
Net profit -43.9%+200.0% 3.01.05.4
PAT margin % -178 bps+219 bps 3.7%1.5%5.5%
EPS (₹) -57.5%+118.5% 2.951.356.94

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹4.0 Cr: core business ₹3.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -56.4% · reported profit -43.9%

Cash & debt

FY26 cash from operations −₹14.0 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

How to read this page

The numbers. Each card is one company's Q4 FY26 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, the year's cash-flow statement with the March results and the half-year's (April to September) with the September results.

Management guidance. When a company files the transcript of its earnings call, we read what its management said to expect: revenue or profit growth, margins, capex and the like, for this financial year or part of it. A figure is kept only when the sentence that states it is found in the transcript, and you can read it under "What management said". Growth and margins are then set beside the actual so far: the year-to-date quarters against the same quarters a year earlier (so the first half is measured against a full-year figure). Within 1 percentage point of the range for growth, or 0.5 for margins, is "on track"; above it "ahead", below it "behind". A new figure for the same period is marked raised or cut against the one before. This is what management said, not a forecast of ours.

Working capital. Inventory, trade receivables and trade payables from the same balance sheets, each also as days of sales (the amount against the twelve months' sales to that date, times 365). Receivables or inventory that grow 25 points or more faster than sales between two balance sheets (and by at least 20%) are flagged: money tied up in customers and stock is profit not yet in cash. These lines are read from filings since the September 2026 results, so comparisons with an earlier balance sheet start with the March 2027 results for most companies.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI