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, 03:34 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 169 of 171

Padmalaya Tele.

PADMALAYAT · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.3-0.0-0.1
Other income -50.0%-50.0% 0.00.00.0
Net profit loss widened— -0.30.0-0.1
EPS (₹) loss widened— -0.160.00-0.06

Quality of profit

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

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹0.3 Cr.

Borrowings ₹0.5 Cr at Mar 2026.

Paramatrix Technologies Limited

PARAMATRIX · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -108% below its own trend
  • Operating margin contracted 3212 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +0.1%+4.9% 14.814.114.8
Operating profit to lossto loss -1.61.83.1
OPM % -3212 bps-2354 bps -11.0%12.5%21.1%
Other income -21.1%-43.6% 1.52.61.9
Net profit? to lossto loss -0.42.93.4
PAT margin % -2569 bps-2317 bps -2.6%20.6%23.1%
EPS (₹) to lossto loss -0.292.522.96

Quality of profit

Pre-tax profit −₹0.8 Cr: core business −₹2.3 Cr, other income ₹1.5 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹6.9 Cr.

Borrowings ₹13.5 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹15.2₹14.8 -2.6% in line
Net profit₹4.6−₹0.4 -108.2% below

Paramount Dye Tec Limited

PARAMOUNT · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -100% below its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -4.8%+38.8% 42.930.945.0
Operating profit -10.3%+94.5% 4.92.55.5
OPM % -72 bps+330 bps 11.5%8.2%12.2%
Other income to lossto loss -4.20.80.5
Net profit to lossto loss -0.02.24.5
PAT margin % -993 bps-704 bps -0.0%7.0%9.9%
EPS (₹) to lossto loss -0.033.116.41

Quality of profit

Pre-tax profit −₹0.2 Cr: core business ₹4.0 Cr, other income −₹4.2 Cr.

Core profit YoY: -11.3%

Cash & debt

FY26 cash from operations −₹21.8 Cr.

Borrowings ₹16.4 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹64.7₹42.9 -33.7% below
Net profit₹4.4−₹0.0 -100.5% below

Parth Electricals & Engineering Limited

PARTH · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ Crvs prev. half Mar 2026Sep 2025
Sales +47.5% 11880.0
Operating profit +10.0% 11.010.0
OPM % -318 bps 9.3%12.5%
Other income +100.0% 2.01.0
Net profit +33.3% 8.06.0
PAT margin % -72 bps 6.8%7.5%
EPS (₹) +33.4% 5.954.46

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹11.0 Cr: core business ₹9.0 Cr, other income ₹2.0 Cr.

Patil Automation Limited

PATILAUTOM · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 27% of pre-tax profit came from other income and one-off items
₹ Crvs prev. half Mar 2026Sep 2025
Sales +34.1% 95.371.1
Operating profit +33.1% 13.910.5
OPM % -12 bps 14.6%14.7%
Other income +49.7% 3.72.5
Net profit? +53.3% 11.57.5
PAT margin % +151 bps 12.1%10.6%
EPS (₹) +10.1% 4.704.27

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹13.8 Cr: core business ₹10.1 Cr, other income ₹3.7 Cr.

Pelatro Limited

PELATRO · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 489 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -52%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -17.4%+43.6% 39.127.247.3
Operating profit -37.1%+56.0% 6.13.99.7
OPM % -489 bps+124 bps 15.6%14.4%20.5%
Other income +106.2%+183.4% 3.01.11.5
Net profit? -11.0%— 6.10.16.9
PAT margin % +113 bps+1543 bps 15.6%0.2%14.5%
EPS (₹) -24.0%+61.2% 5.773.587.59

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹6.5 Cr: core business ₹3.5 Cr, other income ₹3.0 Cr.

Core profit YoY: -51.8% · reported profit -11.0%

Cash & debt

FY26 cash from operations ₹17.0 Cr: 118% of FY26 net profit of ₹14.4 Cr.

Borrowings ₹41.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹41.9₹39.1 -6.7% below
Net profit₹6.3₹6.1 -3.6% in line

Phoenix Overseas Limited

PHOGLOBAL · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 33% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +33%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +29.6%+55.6% 372239287
Operating profit +20.0%— 6.00.05.0
OPM % -13 bps+161 bps 1.6%0.0%1.7%
Other income +0.0%+100.0% 2.01.02.0
Net profit? +66.7%from loss 5.0-1.03.0
PAT margin % +30 bps+176 bps 1.3%-0.4%1.0%
EPS (₹) +37.1%from loss 2.40-0.621.75

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹6.0 Cr: core business ₹4.0 Cr, other income ₹2.0 Cr.

Core profit YoY: +33.3% · reported profit +66.7%

Cash & debt

FY26 cash from operations −₹5.0 Cr.

Borrowings ₹50.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹321₹372 +15.9% above

Positron Energy Limited

POSITRON · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -19% below its own trend
  • Operating margin expanded 142 bps YoY
  • Core business grew faster than reported profit (core profit +38%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +6.7%+81.5% 285157267
Operating profit +35.7%+533.3% 19.03.014.0
OPM % +142 bps+476 bps 6.7%1.9%5.2%
Other income +0.0%-50.0% 2.04.02.0
Net profit +15.4%+200.0% 15.05.013.0
PAT margin % +39 bps+208 bps 5.3%3.2%4.9%
EPS (₹) +15.3%+200.8% 19.796.5817.16

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹20.0 Cr: core business ₹18.0 Cr, other income ₹2.0 Cr.

Core profit YoY: +38.5% · reported profit +15.4%

Cash & debt

FY26 cash from operations ₹20.0 Cr.

Borrowings ₹5.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹534₹285 -46.6% below
Net profit₹18.6₹15.0 -19.2% below

Picturepost Studios Limited

PPSL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -70% below its own trend
  • Operating margin expanded 1142 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -58.1%-32.2% 8.212.119.6
Operating profit -41.0%+62.0% 3.22.05.5
OPM % +1142 bps+2291 bps 39.4%16.5%28.0%
Other income —+600.0% 0.10.00.0
Net profit -76.8%+150.0% 0.60.22.6
PAT margin % -591 bps+532 bps 7.3%2.0%13.2%
EPS (₹) -77.3%+150.0% 0.200.080.88

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹1.1 Cr: core business ₹1.0 Cr, other income ₹0.1 Cr.

Core profit YoY: -70.9% · reported profit -76.8%

Cash & debt

FY26 cash from operations ₹5.8 Cr.

Borrowings ₹2.4 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹20.6₹8.2 -60.1% below
Net profit₹2.0₹0.6 -69.5% below

Pranik Logistics Limited

PRANIK · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 219 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +51.6%+26.7% 45.736.130.1
Operating profit +24.5%+49.2% 4.63.13.7
OPM % -219 bps+151 bps 10.0%8.5%12.2%
Other income +102.9%-21.6% 0.70.90.3
Net profit +0.5%+70.6% 2.01.22.0
PAT margin % -226 bps+114 bps 4.4%3.3%6.7%
EPS (₹) +0.5%+70.4% 1.841.081.83

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹2.7 Cr: core business ₹2.0 Cr, other income ₹0.7 Cr.

Core profit YoY: -14.3% · reported profit +0.5%

Cash & debt

FY26 cash from operations ₹17.0 Cr: 241% of FY26 net profit of ₹7.0 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹48.5₹45.7 -5.7% below
Net profit₹2.2₹2.0 -6.9% in line

Premium Plast Limited

PREMIUM · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 354 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +9.2%-4.2% 36.938.533.8
Operating profit -10.1%-25.4% 6.18.16.8
OPM % -354 bps-468 bps 16.5%21.1%20.0%
Other income -38.1%-59.4% 0.10.30.2
Net profit -23.6%-25.2% 2.93.93.9
PAT margin % -343 bps-224 bps 8.0%10.2%11.4%
EPS (₹) -23.8%-25.2% 1.542.062.02

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹3.9 Cr: core business ₹3.7 Cr, other income ₹0.1 Cr.

Core profit YoY: -22.4% · reported profit -23.6%

Cash & debt

FY26 cash from operations ₹19.0 Cr.

Borrowings ₹6.1 Cr at Mar 2026.

Pro FX Tech Limited

PROFX · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 49.7
Operating profit 7.8
OPM % 15.6%
Other income 1.0
Net profit 6.1
PAT margin % 12.3%
EPS (₹) 3.50

First results we hold for this company (a recent listing or a first filing), so there is no earlier quarter to compare with.

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹8.2 Cr: core business ₹7.2 Cr, other income ₹1.0 Cr.

📊 Investor presentation (11 Aug)

Paramount Speciality Forgings Limited

PSFL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -47% below its own trend
  • Operating margin contracted 148 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -1.6%+6.9% 62.058.063.0
Operating profit -20.0%+0.0% 4.04.05.0
OPM % -148 bps-44 bps 6.5%6.9%7.9%
Other income +0.0%+0.0% 1.01.01.0
Net profit -33.3%+0.0% 2.02.03.0
PAT margin % -154 bps-22 bps 3.2%3.4%4.8%
EPS (₹) -28.1%-5.4% 1.051.111.46

Quality of profit

Core 67%Other income & one-offs 33%

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

Core profit YoY: -33.3% · reported profit -33.3%

Cash & debt

FY26 cash from operations ₹6.0 Cr.

Borrowings ₹28.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹77.0₹62.0 -19.5% below
Net profit₹3.8₹2.0 -46.7% below

P S Raj Steels Limited

PSRAJ · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Core business grew faster than reported profit (core profit +50%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +7.1%+4.1% 136131127
Operating profit +16.7%+15.0% 7.06.16.0
OPM % +42 bps+49 bps 5.1%4.7%4.7%
Other income —-100.0% 0.00.00.0
Net profit +25.0%+26.2% 5.04.04.0
PAT margin % +53 bps+64 bps 3.7%3.0%3.1%
EPS (₹) +30.9%+17.1% 1.23adj. 1.050.94

EPS restated for the ₹10 to ₹2 split of Jul 2026: Sep 2025 ₹5.25 to ₹1.05.

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹6.0 Cr: core business ₹6.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +50.0% · reported profit +25.0%

Purple United Sales Limited

PURPLEUTED · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 184 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +50.6%+80.2% 11061.073.0
Operating profit +65.0%+77.7% 23.113.014.0
OPM % +184 bps-30 bps 21.0%21.3%19.2%
Other income —— 0.60.00.0
Net profit +44.9%+102.8% 10.15.07.0
PAT margin % -36 bps+103 bps 9.2%8.2%9.6%
EPS (₹) +41.2%+100.6% 10.555.267.47

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹13.9 Cr: core business ₹13.3 Cr, other income ₹0.6 Cr.

Core profit YoY: +33.4% · reported profit +44.9%

Cash & debt

FY26 cash from operations −₹9.0 Cr.

Borrowings ₹87.0 Cr at Mar 2026.

QVC Exports Limited

QVCEL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 267 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +44.1%+11.5% 232208161
Operating profit -80.0%-75.0% 1.04.05.0
OPM % -267 bps-149 bps 0.4%1.9%3.1%
Other income +0.0%+66.7% 5.03.05.0
Net profit -75.0%+0.0% 1.01.04.0
PAT margin % -205 bps-5 bps 0.4%0.5%2.5%
EPS (₹) -60.9%-4.9% 1.361.433.48

Quality of profit

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

Core profit YoY: — · reported profit -75.0%

Cash & debt

FY26 cash from operations ₹10.0 Cr.

Borrowings ₹65.0 Cr at Mar 2026.

Rajas. Petro Syn

RAJASPETRO · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -99% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +0.0%+0.0% 0.10.10.1
Operating profit +0.0%+0.0% 0.00.00.0
OPM % +0 bps+0 bps 16.7%16.7%16.7%
Other income -100.0%— 0.00.00.6
Net profit -98.4%+0.0% 0.00.00.6
PAT margin % —+0 bps 16.7%16.7%—
EPS (₹) -97.5%+0.0% 0.010.010.40

Quality of profit

Core 100%Other income & one-offs 0%

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

Core profit YoY: +0.0% · reported profit -98.4%

Cash & debt

FY26 cash from operations −₹0.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.1₹0.1 +0.0% in line
Net profit₹1.3₹0.0 -99.2% below

Rajputana Industries Limited

RAJINDLTD · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +37% above its own trend
  • Operating margin expanded 429 bps YoY
  • Core business grew faster than reported profit (core profit +168%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +24.1%+9.9% 366333295
Operating profit +181.0%+120.0% 28.112.810.0
OPM % +429 bps+384 bps 7.7%3.8%3.4%
Other income —+233.8% 0.30.10.0
Net profit +75.0%+40.0% 7.05.04.0
PAT margin % +56 bps+41 bps 1.9%1.5%1.4%
EPS (₹) +62.4%+25.8% 3.072.441.89

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹16.4 Cr: core business ₹16.1 Cr, other income ₹0.3 Cr.

Core profit YoY: +168.2% · reported profit +75.0%

Cash & debt

FY26 cash from operations ₹9.0 Cr.

Borrowings ₹63.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹427₹366 -14.4% below
Net profit₹5.1₹7.0 +36.6% above

Rajputana Biodiesel Limited

RAJPUTANA · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +385% above its own trend
  • Operating margin contracted 129 bps YoY
  • Profit grew faster than the core business (core profit +246%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +176.5%+6.1% 63.059.422.8
Operating profit +147.8%-15.4% 7.08.32.8
OPM % -129 bps-284 bps 11.1%13.9%12.4%
Other income +501.0%+93.3% 1.00.50.2
Net profit? +279.1%-34.0% 4.06.11.1
PAT margin % +172 bps-386 bps 6.3%10.2%4.6%
EPS (₹) +581.5%-49.2% 5.5210.870.81

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: +246.5% · reported profit +279.1%

Cash & debt

FY26 cash from operations −₹3.0 Cr.

Borrowings ₹28.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹24.6₹63.0 +155.7% above
Net profit₹0.8₹4.0 +385.0% above

Ramgopal Polytex

RAMGOPOLY · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +450.0%+4.8% 0.20.20.0
Operating profit loss narrowedloss narrowed -0.3-0.3-0.3
Other income -28.6%-11.8% 0.10.20.2
Net profit loss widenedloss widened -0.1-0.1-0.1
PAT margin % —-693 bps -54.5%-47.6%—
EPS (₹) loss widenedloss widened -0.08-0.07-0.04

Quality of profit

Pre-tax profit −₹0.1 Cr: core business −₹0.3 Cr, other income ₹0.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹0.6 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.0₹0.2 +999.0% above

Rapid Fleet Management Services Limited

RAPIDFLEET · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ Crvs prev. half Mar 2026Sep 2025
Sales +72.2% 12975.1
Operating profit +70.0% 16.910.0
OPM % -17 bps 13.1%13.3%
Other income +62.9% 1.00.6
Net profit +102.6% 8.44.1
PAT margin % +97 bps 6.5%5.5%
EPS (₹) +102.7% 11.235.54

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹11.2 Cr: core business ₹10.2 Cr, other income ₹1.0 Cr.

Rappid Valves (India) Limited

RAPPID · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -28% below its own trend
  • Operating margin expanded 317 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -24.9%-15.3% 24.428.832.5
Operating profit -10.5%-13.2% 4.85.55.3
OPM % +317 bps+47 bps 19.6%19.2%16.5%
Other income +4.8%+120.0% 0.20.10.2
Net profit -14.8%-8.3% 3.13.43.6
PAT margin % +150 bps+97 bps 12.7%11.7%11.2%
EPS (₹) -14.8%-8.3% 5.976.517.01

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹4.1 Cr: core business ₹3.9 Cr, other income ₹0.2 Cr.

Core profit YoY: -11.4% · reported profit -14.8%

Cash & debt

FY26 cash from operations −₹10.8 Cr.

Borrowings ₹17.8 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹50.1₹24.4 -51.3% below
Net profit₹4.3₹3.1 -28.3% below

Readymix Construction Machinery Limited

READYMIX · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1140 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +13.2%+127.7% 63.027.655.6
Operating profit -33.2%+349.6% 10.32.315.5
OPM % -1140 bps+810 bps 16.4%8.3%27.8%
Other income +65.2%+26.7% 0.40.30.2
Net profit -39.8%+760.3% 6.70.811.1
PAT margin % -937 bps+784 bps 10.7%2.8%20.0%
EPS (₹) -39.8%+762.0% 6.120.7110.17

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹8.9 Cr: core business ₹8.6 Cr, other income ₹0.4 Cr.

Core profit YoY: -39.4% · reported profit -39.8%

Cash & debt

FY26 cash from operations −₹13.0 Cr.

Borrowings ₹16.9 Cr at Mar 2026.

Rex Pipes And Cables Industries Limited

REXPIPES · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -50% below its own trend
  • Operating margin contracted 500 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -60%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +0.0%-1.1% 60.060.760.0
Operating profit -42.9%-9.3% 4.04.47.0
OPM % -500 bps-60 bps 6.7%7.3%11.7%
Other income —+359.2% 2.00.40.0
Net profit -25.0%+53.0% 3.02.04.0
PAT margin % -167 bps+177 bps 5.0%3.2%6.7%
EPS (₹) -23.5%+37.5% 2.862.083.74

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹4.0 Cr: core business ₹2.0 Cr, other income ₹2.0 Cr.

Core profit YoY: -60.0% · reported profit -25.0%

Cash & debt

FY26 cash from operations ₹4.0 Cr.

Borrowings ₹29.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹48.7₹60.0 +23.2% above
Net profit₹6.0₹3.0 -49.7% below

Rexpro Enterprises Limited

REXPRO · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -92% below its own trend
  • Operating margin contracted 826 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -49.9%-36.7% 28.645.157.0
Operating profit -90.1%-67.2% 0.61.85.9
OPM % -826 bps-189 bps 2.0%3.9%10.3%
Other income +135.9%+7.1% 1.51.40.6
Net profit? -91.8%-81.7% 0.31.94.2
PAT margin % -609 bps-293 bps 1.2%4.1%7.3%
EPS (₹) -91.9%-81.9% 0.301.663.70

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.9 Cr, other income ₹1.5 Cr.

Core profit YoY: to loss · reported profit -91.8%

Cash & debt

FY26 cash from operations −₹3.9 Cr.

Borrowings ₹16.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹63.3₹28.6 -54.9% below
Net profit₹4.5₹0.3 -92.4% below

Richa Info Systems Limited

RICHA · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 279 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -51.3%-33.7% 57.086.0117
Operating profit -28.6%-16.7% 5.06.07.0
OPM % +279 bps+180 bps 8.8%7.0%6.0%
Other income —— 0.00.00.0
Net profit -60.0%-66.7% 2.06.05.0
PAT margin % -76 bps-347 bps 3.5%7.0%4.3%
EPS (₹) -70.2%-66.3% 1.394.134.66

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹4.0 Cr: core business ₹4.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -42.9% · reported profit -60.0%

Cash & debt

FY26 cash from operations −₹25.0 Cr.

Borrowings ₹13.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹234₹57.0 -75.6% below

Raajmarg Infra Investment Trust

RIIT · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 25% of pre-tax profit came from other income and one-off items
₹ Cr Mar 2026
Sales 11.0
Operating profit 10.0
OPM % 90.9%
Other income 3.0
Net profit 10.0
PAT margin % 90.9%
EPS (₹) 0.17

First results we hold for this company (a recent listing or a first filing), so there is no earlier quarter to compare with.

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹12.0 Cr: core business ₹9.0 Cr, other income ₹3.0 Cr.

RNFI Services Limited

RNFI · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 243 bps YoY
  • Core business grew faster than reported profit (core profit +145%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.6%-7.2% 239258214
Operating profit +75.3%-4.7% 16.016.89.1
OPM % +243 bps+18 bps 6.7%6.5%4.2%
Other income -58.4%+74.6% 1.20.73.0
Net profit? +56.3%-12.2% 8.49.55.3
PAT margin % +100 bps-20 bps 3.5%3.7%2.5%
EPS (₹) +65.6%-9.3% 3.033.341.83

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹11.5 Cr: core business ₹10.3 Cr, other income ₹1.2 Cr.

Core profit YoY: +144.8% · reported profit +56.3%

Cash & debt

FY26 cash from operations −₹17.0 Cr: -52% of FY26 net profit of ₹32.4 Cr.

Borrowings ₹29.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹221₹239 +8.2% above
Net profit₹7.8₹8.4 +6.6% in line
📊 Investor presentation (08 Aug)

Roadstar Infra Investment Trust

ROADSTAR · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 4246 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -9.7%+0.0% 287287318
Operating profit -93.8%-95.7% 9.0207145
OPM % -4246 bps-6904 bps 3.1%72.2%45.6%
Other income +58.3%+107.9% 38.018.324.0
Net profit? to lossto loss -15628.59.0
PAT margin % -5719 bps-6429 bps -54.4%9.9%2.8%
EPS (₹) to lossto loss -3.400.660.22

Quality of profit

Pre-tax profit −₹152 Cr: core business −₹190 Cr, other income ₹38.0 Cr.

Core profit YoY: loss widened

Royal Arc Electrodes Limited

ROYALARC · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 875 bps YoY
  • Core business grew faster than reported profit (core profit +59%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +12.4%+18.9% 63.053.056.0
Operating profit +69.0%+135.5% 16.57.09.8
OPM % +875 bps+1295 bps 26.2%13.2%17.4%
Other income +244.5%-10.3% 0.91.00.3
Net profit +2.3%+50.0% 6.04.05.9
PAT margin % -95 bps+198 bps 9.5%7.5%10.5%
EPS (₹) -15.7%+33.0% 5.163.886.12

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹13.6 Cr: core business ₹12.7 Cr, other income ₹0.9 Cr.

Core profit YoY: +58.8% · reported profit +2.3%

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