Flash Finance

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, 02:44 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 164 of 171

Susan Electricals India Ltd

544793 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrQoQ Mar 2026Dec 2025
Sales -24.8% 116154
Operating profit +1.4% 16.215.9
OPM % +362 bps 14.0%10.4%
Other income -35.1% 0.20.4
Net profit +30.1% 10.37.9
PAT margin % +377 bps 8.9%5.2%
EPS (₹) +30.1% 6.625.09

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹13.9 Cr: core business ₹13.7 Cr, other income ₹0.2 Cr.

Cash & debt

FY26 cash from operations −₹10.0 Cr.

Borrowings ₹67.0 Cr at Mar 2026.

📊 Investor presentation (05 Sep) 🎙 Earnings call transcript (22 Aug)

Abha Power and Steel Limited

ABHAPOWER · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -87% below its own trend
  • Operating margin contracted 868 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -22.7%-20.0% 27.634.635.8
Operating profit -67.1%-50.1% 1.83.65.4
OPM % -868 bps-389 bps 6.4%10.3%15.1%
Other income -22.6%-63.6% 0.20.70.3
Net profit -86.4%-78.8% 0.42.03.2
PAT margin % -730 bps-432 bps 1.6%5.9%8.9%
EPS (₹) -86.5%-78.9% 0.231.091.71

Quality of profit

Core 59%Other income & one-offs 41%

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

Core profit YoY: -91.6% · reported profit -86.4%

Cash & debt

FY26 cash from operations ₹8.2 Cr.

Borrowings ₹19.6 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹38.9₹27.6 -28.9% below
Net profit₹3.2₹0.4 -86.5% below

Accord Synergy Limited

ACCORD · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 381 bps YoY
  • 67% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +22.8%-7.6% 17.719.114.4
Operating profit from loss-76.1% 0.20.7-0.4
OPM % +381 bps-275 bps 1.0%3.7%-2.8%
Other income -36.8%-75.0% 0.10.50.2
Net profit from loss-84.3% 0.21.1-0.3
PAT margin % +303 bps-499 bps 1.0%6.0%-2.0%
EPS (₹) from loss-84.3% 0.523.31-0.84

Quality of profit

Core 33%Other income & one-offs 67%

Pre-tax profit ₹0.2 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations −₹0.4 Cr.

Borrowings ₹0.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹17.0₹17.7 +4.0% in line

Active Infrastructures Limited

ACTIVEINFR · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1650 bps YoY
  • 57% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -73%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +3.6%+48.6% 58.039.056.0
Operating profit -56.2%-23.9% 7.09.216.0
OPM % -1650 bps-1152 bps 12.1%23.6%28.6%
Other income +200.0%+68.1% 3.01.81.0
Net profit? -50.0%-32.1% 4.05.98.0
PAT margin % -739 bps-820 bps 6.9%15.1%14.3%
EPS (₹) +8.4%+4.5% 3.483.333.21

Quality of profit

Core 43%Other income & one-offs 57%

Pre-tax profit ₹7.0 Cr: core business ₹3.0 Cr, other income ₹3.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -72.7% · reported profit -50.0%

Addictive Learning Technology Limited

ADDICTIVE · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 14.3
Operating profit -0.9
OPM % -6.1%
Other income 0.1
Net profit? -3.8
PAT margin % -26.2%
EPS (₹) -2.36

Dec 2025 and Mar 2025 are not on record for this company, so there is nothing to compare with yet.

Quality of profit

Pre-tax profit −₹4.8 Cr: core business −₹4.9 Cr, other income ₹0.1 Cr.

📊 Investor presentation (17 Aug)

Aeron Composite Limited

AERON · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -82% below its own trend
  • 46% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -4.1%-11.7% 103117107
Operating profit -3.3%-10.6% 8.09.08.3
OPM % +7 bps+10 bps 7.8%7.7%7.7%
Other income -62.6%-68.1% 1.23.83.2
Net profit -77.8%-79.5% 1.57.26.7
PAT margin % -479 bps-476 bps 1.4%6.2%6.2%
EPS (₹) -80.4%-79.5% 0.874.254.43

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹2.2 Cr: core business ₹1.2 Cr, other income ₹1.2 Cr.

Core profit YoY: -77.5% · reported profit -77.8%

Cash & debt

FY26 cash from operations ₹6.0 Cr.

Borrowings ₹58.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹107₹103 -3.8% in line
Net profit₹8.1₹1.5 -81.7% below

Aesthetik Engineers Limited

AESTHETIK · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -60% below its own trend
  • Operating margin contracted 1000 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +100.0%+110.5% 80.038.040.0
Operating profit -14.3%+0.0% 6.06.07.0
OPM % -1000 bps-829 bps 7.5%15.8%17.5%
Other income +0.0%— 1.00.01.0
Net profit? -20.0%+0.0% 4.04.05.0
PAT margin % -750 bps-553 bps 5.0%10.5%12.5%
EPS (₹) -26.8%+3.4% 2.102.032.87

Quality of profit

Core 80%Other income & one-offs 20%

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

Core profit YoY: -20.0% · reported profit -20.0%

Cash & debt

FY26 cash from operations ₹15.0 Cr.

Borrowings ₹25.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹49.7₹80.0 +60.8% above
Net profit₹10.0₹4.0 -60.0% below

Agarwal Toughened Glass India Limited

AGARWALTUF · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1124 bps YoY
  • Core business grew faster than reported profit (core profit +22%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +48.4%+6.8% 49.045.933.0
Operating profit +6.5%-3.3% 14.014.513.1
OPM % -1124 bps-297 bps 28.6%31.5%39.8%
Other income +12.0%-40.8% 2.03.41.8
Net profit -2.6%-26.6% 9.012.39.2
PAT margin % -961 bps-835 bps 18.4%26.7%28.0%
EPS (₹) -66.2%-23.8% 5.286.9315.61

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹14.0 Cr: core business ₹13.0 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +22.2% · reported profit -2.6%

Cash & debt

FY26 cash from operations −₹8.0 Cr.

Borrowings ₹25.0 Cr at Mar 2026.

Ahimsa Industries Limited

AHIMSA · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -100.0%-100.0% 0.00.12.8
Operating profit loss narrowedloss widened -0.2-0.2-2.5
Other income loss narrowed— 0.00.0-0.5
Net profit loss narrowedloss widened -0.3-0.2-3.3
EPS (₹) loss narrowedloss widened -0.49-0.40-5.96

Quality of profit

Pre-tax profit −₹0.3 Cr: core business −₹0.3 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹0.1 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1.4₹0.0 -100.0% below

Akanksha Power and Infrastructure Limited

AKANKSHA · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -24% below its own trend
  • Operating margin expanded 322 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -12.3%+13.4% 46.040.552.4
Operating profit +14.9%+26.4% 6.24.95.4
OPM % +322 bps+140 bps 13.6%12.2%10.4%
Other income -8.5%+20.8% 0.80.60.8
Net profit +18.1%+40.2% 3.32.42.8
PAT margin % +187 bps+138 bps 7.2%5.9%5.4%
EPS (₹) +18.1%+40.5% 1.701.211.44

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹4.5 Cr: core business ₹3.8 Cr, other income ₹0.8 Cr.

Core profit YoY: +20.5% · reported profit +18.1%

Cash & debt

FY26 cash from operations ₹12.5 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹83.2₹46.0 -44.8% below
Net profit₹4.4₹3.3 -23.5% below

AMBANI ORGOCHEM LIMITED

AMBANIORGO · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 33% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +100%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +18.8%+19.8% 133111112
Operating profit +33.3%+0.0% 8.08.06.0
OPM % +66 bps-119 bps 6.0%7.2%5.4%
Other income —— 0.00.00.0
Net profit +0.0%— 1.00.01.0
PAT margin % -14 bps+75 bps 0.8%0.0%0.9%
EPS (₹) +30.2%+480.8% 1.510.261.16

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹3.0 Cr: core business ₹2.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +100.0% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹0.0 Cr.

Borrowings ₹72.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹161₹133 -17.2% below

ANB Metal Cast Limited

AMCL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 806 bps YoY
  • Core business grew faster than reported profit (core profit +259%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +114.1%+56.0% 13787.864.0
Operating profit +224.5%+149.0% 32.513.010.0
OPM % +806 bps+884 bps 23.7%14.8%15.6%
Other income —+796.7% 0.10.00.0
Net profit +225.0%+53.0% 13.08.54.0
PAT margin % +324 bps-18 bps 9.5%9.7%6.2%
EPS (₹) +118.8%— 10.960.725.01

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹28.8 Cr: core business ₹28.7 Cr, other income ₹0.1 Cr.

Core profit YoY: +258.8% · reported profit +225.0%

Amiable Logistics (India) Limited

AMIABLE · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +840% above its own trend
  • Operating margin expanded 547 bps YoY
  • 94% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +14.5%+22.1% 10.48.69.1
Operating profit from loss+300.0% 0.30.1-0.2
OPM % +547 bps+213 bps 3.1%0.9%-2.4%
Other income -8.3%-21.4% 0.70.80.7
Net profit +370.0%-4.1% 0.50.50.1
PAT margin % +340 bps-123 bps 4.5%5.7%1.1%
EPS (₹) +371.9%-3.9% 2.692.800.57

Quality of profit

Core 6%Other income & one-offs 94%

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

Core profit YoY: from loss · reported profit +370.0%

Cash & debt

FY26 cash from operations ₹0.4 Cr.

Borrowings ₹2.8 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.3₹10.4 +65.2% above
Net profit₹0.1₹0.5 +840.0% above

Anantam Highways Trust

ANANTAM · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales —+114.4% 2231040.0
Operating profit —+136.5% 20185.00.0
OPM % —+840 bps 90.1%81.7%—
Other income —-90.0% 2.020.00.0
Net profit? —from loss 203-4.00.0
PAT margin % —+9488 bps 91.0%-3.8%—
EPS (₹) —from loss 9.33-0.19—

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹163 Cr: core business ₹161 Cr, other income ₹2.0 Cr.

Andrew Yule & Co

ANDREWYU · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 871 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -5.5%+24.2% 93.074.998.4
Operating profit loss widenedloss widened -48.0-13.8-42.2
OPM % -871 bps-3322 bps -51.6%-18.4%-42.9%
Other income -80.8%-27.4% 7.09.636.4
Net profit? loss widenedloss widened -31.0-8.8-0.6
PAT margin % -3272 bps-2158 bps -33.3%-11.8%-0.6%
EPS (₹) loss widenedloss widened -0.62-0.18-0.01

Quality of profit

Pre-tax profit −₹50.0 Cr: core business −₹56.0 Cr, other income ₹7.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹80.0 Cr: -4% of FY26 net profit of ₹1,974 Cr.

Borrowings ₹121 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹104₹93.0 -10.3% below

Anya Polytech & Fertilizers Limited

ANYA · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 359 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +31.1%-18.7% 80.098.461.0
Operating profit -16.7%-58.8% 5.012.16.0
OPM % -359 bps-607 bps 6.2%12.3%9.8%
Other income +500.0%+373.3% 6.01.31.0
Net profit? —-68.3% 2.06.30.0
PAT margin % +250 bps-391 bps 2.5%6.4%0.0%
EPS (₹) —-63.5% 0.190.520.01

Quality of profit

Pre-tax profit ₹3.0 Cr: core business −₹2.0 Cr, other income ₹6.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹12.0 Cr.

Borrowings ₹82.0 Cr at Mar 2026.

Anzen India Energy Yield Plus Trust

ANZEN · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 893 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +101.3%+49.0% 15510477.0
Operating profit +80.0%+30.0% 11790.065.0
OPM % -893 bps-1105 bps 75.5%86.5%84.4%
Other income —— 5.00.00.0
Net profit? from lossfrom loss 4.0-4.0-8.0
PAT margin % +1297 bps+643 bps 2.6%-3.8%-10.4%
EPS (₹) from lossfrom loss 0.07-0.20-0.39

Quality of profit

Pre-tax profit ₹1.0 Cr: core business −₹4.0 Cr, other income ₹5.0 Cr.

Core profit YoY: loss narrowed

Against its own trend ?

TrendActualGap
Sales₹123₹155 +25.7% above

Apex Ecotech Limited

APEXECO · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 199 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +136.7%+251.5% 11633.049.0
Operating profit +111.1%+530.1% 19.03.09.0
OPM % -199 bps+724 bps 16.4%9.1%18.4%
Other income —+91.9% 1.00.50.0
Net profit +100.0%+366.7% 14.03.07.0
PAT margin % -222 bps+298 bps 12.1%9.1%14.3%
EPS (₹) +106.0%+459.2% 10.961.965.32

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹19.0 Cr: core business ₹19.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +111.1% · reported profit +100.0%

Cash & debt

FY26 cash from operations ₹7.0 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Aprameya Engineering Limited

APRAMEYA · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 2409 bps YoY
₹ CrYoY Mar 2026Mar 2025
Sales -89.7% 13.0126
Operating profit to loss -0.525.8
OPM % -2409 bps -3.7%20.4%
Other income -6.5% 0.30.3
Net profit? to loss -1.617.8
PAT margin % -2666 bps -12.5%14.1%
EPS (₹) to loss -0.879.37

Quality of profit

Pre-tax profit −₹1.9 Cr: core business −₹2.1 Cr, other income ₹0.3 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹31.2 Cr.

Borrowings ₹7.1 Cr at Mar 2026.

Arham Technologies Limited

ARHAM · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -35% below its own trend
  • Operating margin contracted 655 bps YoY
  • Core business grew faster than reported profit (core profit +43%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +97.3%+58.7% 73.046.037.0
Operating profit +37.5%+37.5% 11.08.08.0
OPM % -655 bps-232 bps 15.1%17.4%21.6%
Other income —to loss -1.01.00.0
Net profit? +20.0%+0.0% 6.06.05.0
PAT margin % -529 bps-482 bps 8.2%13.0%13.5%
EPS (₹) +5.5%-17.2% 2.893.492.74

Quality of profit

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

Core profit YoY: +42.9% · reported profit +20.0%

Cash & debt

FY26 cash from operations −₹40.0 Cr.

Borrowings ₹26.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹51.0₹73.0 +43.0% above
Net profit₹9.2₹6.0 -34.5% below

ARSS Infrastructure Projects Limited

ARSSINFRA · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 5569 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +208.0%+102.6% 77.038.025.0
Operating profit from lossfrom loss 9.0-2.0-11.0
OPM % +5569 bps+1695 bps 11.7%-5.3%-44.0%
Other income to lossto loss -2074.02.0
Net profit? loss widened— -2110.0-10.0
EPS (₹) loss widenedloss widened -92.59-0.05-4.18

Quality of profit

Pre-tax profit −₹210 Cr: core business −₹2.0 Cr, other income −₹207 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹29.0 Cr.

Borrowings ₹264 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹12.5₹77.0 +516.0% above

ARVIND PORT AND INFRA LIMITED

ARVINDPORT · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 2058 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -36.3%+81.6% 8.34.613.0
Operating profit -51.9%+54.1% 5.23.410.9
OPM % -2058 bps-1127 bps 63.1%74.4%83.7%
Other income —-72.5% 0.10.50.0
Net profit? -82.8%+153.8% 1.00.45.7
PAT margin % -3216 bps+339 bps 11.9%8.5%44.1%
EPS (₹) -84.8%+168.4% 0.510.193.36

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹1.5 Cr: core business ₹1.4 Cr, other income ₹0.1 Cr.

Core profit YoY: -81.5% · reported profit -82.8%

Cash & debt

FY26 cash from operations ₹0.3 Cr.

Borrowings ₹3.9 Cr at Mar 2026.

Ashapura Logistics Limited

ASHALOG · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -50% below its own trend
  • Operating margin contracted 165 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +11.7%-7.3% 153165137
Operating profit -7.7%-33.3% 12.018.013.0
OPM % -165 bps-307 bps 7.8%10.9%9.5%
Other income -100.0%— 0.00.02.0
Net profit? -50.0%-57.1% 3.07.06.0
PAT margin % -242 bps-228 bps 2.0%4.2%4.4%
EPS (₹) -55.9%-64.8% 1.885.344.26

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: -50.0% · reported profit -50.0%

Cash & debt

FY26 cash from operations ₹23.0 Cr.

Borrowings ₹79.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹207₹153 -26.1% below
Net profit₹6.0₹3.0 -50.0% below

Amit Spinning Industries Limited

ASIL · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 872 bps YoY
  • 76% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +10.6%+19.3% 36.730.833.2
Operating profit -40.8%+111.5% 3.71.76.2
OPM % -872 bps+437 bps 10.0%5.7%18.8%
Other income -94.1%-82.7% 0.10.82.2
Net profit -97.1%-32.0% 0.20.25.9
PAT margin % -1726 bps-35 bps 0.5%0.8%17.7%
EPS (₹) -97.2%-33.3% 0.040.061.43

Quality of profit

Core 24%Other income & one-offs 76%

Pre-tax profit ₹0.2 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.

Core profit YoY: -98.9% · reported profit -97.1%

Aditya Ultra Steel Limited

AUSL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -19.0%+20.1% 221184273
Operating profit +0.0%+900.0% 10.01.010.0
OPM % +86 bps+398 bps 4.5%0.5%3.7%
Other income —-100.0% 0.04.00.0
Net profit -25.0%+200.0% 3.01.04.0
PAT margin % -11 bps+81 bps 1.4%0.5%1.5%
EPS (₹) -16.9%+452.0% 1.380.251.66

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹5.0 Cr: core business ₹5.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +0.0% · reported profit -25.0%

Cash & debt

FY26 cash from operations ₹4.0 Cr.

Borrowings ₹79.0 Cr at Mar 2026.

Avana Electrosystems Limited

AVANA · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ Crvs prev. half Mar 2026Sep 2025
Sales +33.6% 48.136.0
Operating profit +8.8% 8.78.0
OPM % -414 bps 18.1%22.2%
Other income -56.4% 0.41.0
Net profit +1.9% 6.16.0
PAT margin % -396 bps 12.7%16.7%
EPS (₹) +3.1% 3.313.21

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹8.5 Cr: core business ₹8.0 Cr, other income ₹0.4 Cr.

Avi Ansh Textile Limited

AVIANSH · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +33% above its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +14.7%+23.8% 78.063.068.0
Operating profit +0.0%+0.0% 3.03.03.0
OPM % -57 bps-92 bps 3.8%4.8%4.4%
Other income —— 0.00.00.0
Net profit +0.0%+0.0% 1.01.01.0
PAT margin % -19 bps-31 bps 1.3%1.6%1.5%
EPS (₹) -15.8%+6.7% 0.480.450.57

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹1.0 Cr: core business ₹1.0 Cr, other income ₹0.0 Cr.

Core profit YoY: — · reported profit +0.0%

Cash & debt

FY26 cash from operations −₹4.0 Cr.

Borrowings ₹37.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹64.6₹78.0 +20.8% above
Net profit₹0.8₹1.0 +33.3% above

AVSL Industries Limited

AVSL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +33% above its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +4.3%-5.2% 73.077.070.0
Operating profit +0.0%-58.3% 5.012.05.0
OPM % -29 bps-874 bps 6.8%15.6%7.1%
Other income +0.0%— 1.00.01.0
Net profit +0.0%+0.0% 1.01.01.0
PAT margin % -6 bps+7 bps 1.4%1.3%1.4%
EPS (₹) -36.5%-11.5% 1.691.912.66

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 ₹7.0 Cr.

Borrowings ₹40.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹71.3₹73.0 +2.4% in line
Net profit₹0.8₹1.0 +33.3% above

B.A.G. Convergence Limited

BAGDIGITAL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 229 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -3.0%-3.0% 21.322.022.0
Operating profit +3.1%-17.6% 8.310.08.0
OPM % +229 bps-686 bps 38.7%45.5%36.4%
Other income —+481.6% 1.00.20.0
Net profit -5.2%-21.0% 4.76.05.0
PAT margin % -52 bps-507 bps 22.2%27.3%22.7%
EPS (₹) -33.2%-41.7% 2.253.863.37

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹6.7 Cr: core business ₹5.7 Cr, other income ₹1.0 Cr.

Core profit YoY: -18.2% · reported profit -5.2%

Balaji Phosphates Limited

BALAJIPHOS · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 396 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +34.4%+1.5% 86.084.764.0
Operating profit -14.3%-52.2% 6.012.57.0
OPM % -396 bps-783 bps 7.0%14.8%10.9%
Other income —-100.0% 0.00.60.0
Net profit? -50.0%-75.1% 2.08.04.0
PAT margin % -392 bps-718 bps 2.3%9.5%6.2%
EPS (₹) -39.1%-72.8% 0.923.381.51

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: -25.0% · reported profit -50.0%

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.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ 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