Q4 FY26 quarterly results (January-March 2026)

5,115 companies have declared Q4 FY26 results so far, the latest on 12 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 13 Oct 2026, 22:38 IST 5115 declared
The next results season has started: 45 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
-3.9%
median; 31% of 35 stocks up
Other-income heavy
1375
25%+ of pre-tax profit from other income & one-offs

1375 matching results 1375

Page 24 of 46

MT Educare Limited

MTEDUCARE · Miscellaneous · Q4 FY26 · Consolidated
M Cap
₹12.0 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2768 bps YoY
  • 74% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -23.4%+41.8% 9.97.012.9
Operating profit +77.5%from loss 4.8-0.62.7
OPM % +2768 bps+5658 bps 48.7%-7.9%21.0%
Other income +800.0%+232.3% 2.20.70.2
Net profit? from lossfrom loss 2.6-2.1-13.7
PAT margin % —+5630 bps 26.3%-30.0%—
EPS (₹) from lossfrom loss 0.36-0.29-1.89

Quality of profit

Core 26%Other income & one-offs 74%

Pre-tax profit ₹2.9 Cr: core business ₹0.7 Cr, other income ₹2.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹1.8 Cr.

Borrowings ₹138 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹10.7₹9.9 -7.3% below

Ishan International Limited

ISHAN · Engineering & Capital Goods · H2 FY26 · Standalone
M Cap
₹10.0 Cr
P/E
24.3
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 250 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -68.4%+0.8% 13.513.442.7
Operating profit from loss-54.3% 0.20.3-0.6
OPM % +250 bps-143 bps 1.2%2.6%-1.3%
Other income -27.9%+15.8% 0.40.40.6
Net profit from loss+244.4% 0.30.1-0.1
PAT margin % +255 bps+162 bps 2.3%0.7%-0.3%
EPS (₹) from loss— 0.010.00-0.01

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹0.2 Cr, other income ₹0.4 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹0.1 Cr.

Borrowings ₹6.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹52.7₹13.5 -74.4% below

Jiwanram Sheo

JIWANRAM · Textiles · H2 FY26 · Standalone
M Cap
₹10.0 Cr
P/E
9.6
PEG
—
  • Profit -27% below its own trend
  • Operating margin contracted 767 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +21.7%+285.3% 42.811.135.1
Operating profit to lossto loss -1.51.01.5
OPM % -767 bps-1276 bps -3.5%9.3%4.2%
Other income +345.1%+295.0% 3.20.80.7
Net profit -49.3%-44.6% 0.40.70.7
PAT margin % -118 bps-501 bps 0.8%5.9%2.0%
EPS (₹) -48.3%-42.3% 0.150.260.29

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹2.6 Cr, other income ₹3.2 Cr.

Core profit YoY: to loss · reported profit -49.3%

Cash & debt

FY26 cash from operations ₹3.0 Cr.

Borrowings ₹44.5 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹34.6₹42.8 +23.5% above
Net profit₹0.5₹0.4 -26.7% below

Indifra Limited

INDIFRA · Diversified Conglomerates · H2 FY26 · Standalone
M Cap
₹8.0 Cr
P/E
424.6
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2146 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +582.5%+469.6% 14.82.62.2
Operating profit loss narrowedloss narrowed -0.0-0.3-0.5
OPM % +2146 bps+1057 bps -0.2%-10.8%-21.7%
Other income +4.3%+41.2% 0.20.20.2
Net profit from lossfrom loss 0.1-0.1-0.3
PAT margin % +1299 bps+601 bps 1.0%-5.0%-12.0%
EPS (₹) from lossfrom loss 0.21-0.18-0.36

Quality of profit

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

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹8.9 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1.1₹14.8 +999.0% above

Veritaas Advertising Limited

VERITAAS · Miscellaneous · H2 FY26 · Standalone
M Cap
₹8.0 Cr
P/E
4.5
PEG
0.07
  • Profit +101% above its own trend
  • Operating margin contracted 930 bps YoY
  • 92% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -89%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -8.5%+4.9% 7.57.28.2
Operating profit -40.3%-35.3% 1.32.02.2
OPM % -930 bps-1085 bps 17.5%28.3%26.8%
Other income —+490.9% 1.30.20.0
Net profit +61.5%+41.9% 1.10.70.7
PAT margin % +603 bps+363 bps 13.9%10.3%7.9%
EPS (₹) +61.7%+42.0% 3.722.622.30

Quality of profit

Core 8%Other income & one-offs 92%

Pre-tax profit ₹1.4 Cr: core business ₹0.1 Cr, other income ₹1.3 Cr.

Core profit YoY: -89.1% · reported profit +61.5%

Cash & debt

FY26 cash from operations ₹1.1 Cr.

Borrowings ₹8.3 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹10.2₹7.5 -26.2% below
Net profit₹0.5₹1.1 +100.8% above

Rite Zone Chemcon India Limited

RITEZONE · Chemicals · H2 FY26 · Standalone
M Cap
₹8.0 Cr
P/E
22.3
PEG
—
  • Profit +14% above its own trend
  • 63% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +15.5%+17.4% 13.811.811.9
Operating profit -16.2%-11.4% 0.30.30.4
OPM % -85 bps-73 bps 2.2%3.0%3.1%
Other income +0.0%+137.5% 0.20.10.2
Net profit -42.9%-11.1% 0.20.20.3
PAT margin % -118 bps-37 bps 1.2%1.5%2.3%
EPS (₹) -42.4%-11.6% 0.380.430.66

Quality of profit

Core 37%Other income & one-offs 63%

Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.

Core profit YoY: -42.1% · reported profit -42.9%

Cash & debt

FY26 cash from operations ₹0.7 Cr.

Borrowings ₹1.6 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹9.4₹13.8 +46.8% above
Net profit₹0.1₹0.2 +14.3% above

AVRO INDIA LIMITED

AVROIND · Plastic Products · Q4 FY26 · Standalone
M Cap
₹6.0 Cr
P/E
1.4
PEG
—
  • Profit +32% above its own trend
  • Operating margin contracted 281 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +23.3%-1.1% 24.024.319.5
Operating profit -66.7%-62.3% 0.20.70.8
OPM % -281 bps-169 bps 1.0%2.7%3.8%
Other income +56.3%+2.8% 2.52.41.6
Net profit +65.4%-19.5% 0.91.10.5
PAT margin % +91 bps-82 bps 3.6%4.4%2.7%
EPS (₹) +50.0%-25.0% 0.06adj. 0.080.04

EPS restated for the ₹10 to ₹1 split of May 2026: Dec 2025 ₹0.80 to ₹0.08.

Quality of profit

Pre-tax profit ₹1.2 Cr: core business −₹1.3 Cr, other income ₹2.5 Cr.

Core profit YoY: loss narrowed · reported profit +65.4%

Cash & debt

FY26 cash from operations ₹4.1 Cr: 97% of FY26 net profit of ₹4.2 Cr.

Borrowings ₹17.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹21.2₹24.0 +13.5% above
Net profit₹0.7₹0.9 +32.3% above

Ambalal Sarabhai Enterprises Ltd

500009 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • 48% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +1.0%+25.9% 65.552.064.8
Operating profit +7.5%+39.7% 5.74.15.3
OPM % +53 bps+86 bps 8.7%7.8%8.2%
Other income from loss+55.7% 3.01.9-5.4
Net profit? from loss+78.6% 6.53.6-0.3
PAT margin % +1034 bps+293 bps 9.9%7.0%-0.4%
EPS (₹) from loss+80.9% 0.850.47-0.04

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹6.2 Cr: core business ₹3.2 Cr, other income ₹3.0 Cr.

Core profit YoY: -2.7%

Cash & debt

FY26 cash from operations ₹13.0 Cr: 73% of FY26 net profit of ₹17.8 Cr.

Borrowings ₹57.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹68.9₹65.5 -4.9% in line

Aruna Hotels Ltd

500016 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -81% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • FY26 operating cash flow was only 24% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +2.0%-0.6% 6.26.36.1
Operating profit +3.5%+38.0% 1.51.11.4
OPM % +35 bps+669 bps 23.9%17.2%23.6%
Other income +5.3%— 14.00.013.3
Net profit -62.7%+18.7% 0.60.51.5
PAT margin % -1589 bps+149 bps 9.1%7.7%25.0%
EPS (₹) -62.2%+21.4% 0.170.140.45

Quality of profit

Pre-tax profit ₹0.8 Cr: core business −₹13.1 Cr, other income ₹14.0 Cr.

Core profit YoY: loss widened · reported profit -62.7%

Cash & debt

FY26 cash from operations ₹0.8 Cr: 24% of FY26 net profit of ₹3.5 Cr.

Borrowings ₹118 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.5₹6.2 -4.3% in line
Net profit₹3.1₹0.6 -81.4% below

Bihar Sponge Iron Ltd

500058 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -62% below its own trend
  • Operating margin contracted 1657 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -82.8%-80.6% 16.987.398.5
Operating profit loss narrowedloss widened -3.5-1.1-4.2
OPM % -1657 bps-1949 bps -20.8%-1.3%-4.2%
Other income -33.7%-33.6% 5.68.48.4
Net profit -62.8%-79.9% 1.26.23.4
PAT margin % +398 bps+27 bps 7.4%7.1%3.4%
EPS (₹) -62.2%-79.7% 0.140.690.37

Quality of profit

Pre-tax profit ₹1.2 Cr: core business −₹4.3 Cr, other income ₹5.6 Cr.

Core profit YoY: loss narrowed · reported profit -62.8%

Cash & debt

FY26 cash from operations −₹3.0 Cr: -26% of FY26 net profit of ₹11.3 Cr.

Borrowings ₹27.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹115₹16.9 -85.2% below
Net profit₹3.3₹1.2 -61.8% below

John Cockerill India Ltd

500147 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 210 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +56.0%+50.8% 345228221
Operating profit from lossfrom loss 4.9-19.7-1.5
OPM % +210 bps+1003 bps 1.4%-8.6%-0.7%
Other income +92.0%-29.0% 11.816.66.1
Net profit? from lossfrom loss 7.4-8.9-2.9
PAT margin % +345 bps+604 bps 2.1%-3.9%-1.3%
EPS (₹) from lossfrom loss 14.91-18.06-5.89

Quality of profit

Pre-tax profit ₹6.4 Cr: core business −₹5.4 Cr, other income ₹11.8 Cr.

Core profit YoY: loss narrowed

Metroglobal Ltd

500159 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 590 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -15.6%-43.4% 36.864.943.6
Operating profit +26.3%+34.0% 6.54.95.2
OPM % +590 bps+1028 bps 17.8%7.5%11.9%
Other income from loss-39.4% 3.25.3-10.4
Net profit? from loss+43.5% 8.45.9-3.8
PAT margin % +3174 bps+1392 bps 23.0%9.1%-8.7%
EPS (₹) from loss-26.7% 2.863.90-3.09

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹11.2 Cr: core business ₹8.0 Cr, other income ₹3.2 Cr.

Core profit YoY: +63.5%

Cash & debt

FY26 cash from operations ₹28.0 Cr: 127% of FY26 net profit of ₹22.1 Cr.

Borrowings ₹3.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹42.0₹36.8 -12.5% below

KG Denim Ltd

500239 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 727 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +60.9%+37.2% 11.78.57.3
Operating profit loss narrowedto loss -0.30.8-0.7
OPM % +727 bps-1113 bps -2.2%8.9%-9.5%
Other income +43.1%+134.8% 11.14.77.8
Net profit? from lossfrom loss 5.6-4.2-9.9
PAT margin % —+9742 bps 47.9%-49.5%—
EPS (₹) from lossfrom loss 1.99-1.64-4.20

Quality of profit

Pre-tax profit ₹8.4 Cr: core business −₹2.8 Cr, other income ₹11.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹37.8 Cr.

Borrowings ₹264 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3.6₹11.7 +221.9% above

Kinetic Engineering Ltd

500240 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +47% above its own trend
  • 47% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +16.1%+16.6% 44.738.438.5
Operating profit +10.6%+70.8% 3.52.03.1
OPM % -38 bps+245 bps 7.7%5.3%8.1%
Other income -80.0%-80.0% 0.20.80.8
Net profit? -26.5%+140.0% 0.40.10.5
PAT margin % -47 bps+41 bps 0.8%0.4%1.3%
EPS (₹) -57.7%+37.5% 0.110.080.26

Quality of profit

Core 53%Other income & one-offs 47%

Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss · reported profit -26.5%

Cash & debt

FY26 cash from operations −₹19.0 Cr: -2209% of FY26 net profit of ₹0.9 Cr.

Borrowings ₹71.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹39.6₹44.7 +13.0% above
Net profit₹0.2₹0.4 +46.9% above

Mafatlal Industries Ltd

500264 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -13% below its own trend
  • Operating margin contracted 131 bps YoY
  • 69% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +96.4%+23.3% 884717450
Operating profit -9.1%-28.6% 10.014.011.0
OPM % -131 bps-82 bps 1.1%2.0%2.4%
Other income +50.0%+125.0% 9.04.06.0
Net profit? -21.7%+350.0% 18.04.023.0
PAT margin % -307 bps+148 bps 2.0%0.6%5.1%
EPS (₹) -22.9%+301.6% 2.490.623.23

Quality of profit

Core 31%Other income & one-offs 69%

Pre-tax profit ₹13.0 Cr: core business ₹4.0 Cr, other income ₹9.0 Cr.

Core profit YoY: -20.0% · reported profit -21.7%

Cash & debt

FY26 cash from operations ₹141 Cr: 157% of FY26 net profit of ₹90.0 Cr.

Borrowings ₹64.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹410₹884 +115.6% above
Net profit₹20.7₹18.0 -12.9% below

Punjab Communications Ltd

500346 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1110 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +42.7%+40.7% 7.05.04.9
Operating profit loss widenedloss narrowed -2.3-3.0-1.1
OPM % -1110 bps+2747 bps -33.0%-60.5%-22.0%
Other income +5.1%+22.4% 2.72.22.5
Net profit -78.7%from loss 0.3-0.91.4
PAT margin % -2439 bps+2251 bps 4.3%-18.2%28.7%
EPS (₹) -78.6%from loss 0.25-0.761.17

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹2.4 Cr, other income ₹2.7 Cr.

Core profit YoY: loss widened · reported profit -78.7%

Cash & debt

FY26 cash from operations −₹6.7 Cr: -225% of FY26 net profit of ₹3.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹7.1₹7.0 -0.9% in line

Rapicut Carbides Ltd

500360 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 620 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -33%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +370.5%+137.3% 49.320.810.5
Operating profit -37.3%-76.5% 0.52.00.8
OPM % -620 bps-867 bps 1.0%9.6%7.2%
Other income —— 0.20.00.0
Net profit +97.0%-58.6% 0.71.60.3
PAT margin % -183 bps-624 bps 1.3%7.6%3.1%
EPS (₹) +98.4%-58.6% 1.212.920.61

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.

Core profit YoY: -33.3% · reported profit +97.0%

Cash & debt

FY26 cash from operations ₹11.8 Cr: 571% of FY26 net profit of ₹2.1 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹14.3₹49.3 +245.9% above

Welspun Specialty Solutions Ltd

500365 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 47% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.8%-2.8% 220226200
Operating profit +14.7%-34.2% 11.217.09.7
OPM % +22 bps-242 bps 5.1%7.5%4.9%
Other income -77.9%-34.2% 1.92.88.4
Net profit +19.7%-55.2% 4.39.53.6
PAT margin % +16 bps-227 bps 1.9%4.2%1.8%
EPS (₹) +20.0%-57.1% 0.060.140.05

Quality of profit

Core 53%Other income & one-offs 47%

Pre-tax profit ₹4.0 Cr: core business ₹2.1 Cr, other income ₹1.9 Cr.

Core profit YoY: from loss · reported profit +19.7%

Cash & debt

FY26 cash from operations ₹128 Cr: 565% of FY26 net profit of ₹22.7 Cr.

Borrowings ₹35.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹257₹220 -14.4% below

Samtel India Ltd

500371 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +700.0%— 0.10.00.0
Operating profit loss widenedloss widened -0.1-0.1-0.0
OPM % —— -87.5%——
Other income +225.0%-13.3% 0.10.10.0
Net profit from loss+612.5% 0.60.1-0.0
EPS (₹) from loss+627.3% 0.800.11-0.03

Quality of profit

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

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹0.8 Cr: -1317% of FY26 net profit of ₹0.1 Cr.

Borrowings nil at Mar 2026.

Shree Krishna Paper Mills & Industries Ltd

500388 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 95% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 0% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +15.1%+22.0% 61.050.053.0
Operating profit +0.0%+50.0% 3.02.03.0
OPM % -74 bps+92 bps 4.9%4.0%5.7%
Other income —— 21.01.00.0
Net profit —— 17.00.01.0
PAT margin % +2598 bps+2787 bps 27.9%0.0%1.9%
EPS (₹) —— 12.780.350.64

Quality of profit

Core 5%Other income & one-offs 95%

Pre-tax profit ₹21.0 Cr: core business ₹1.0 Cr, other income ₹21.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +0.0%

Cash & debt

FY26 cash from operations ₹0.0 Cr: 0% of FY26 net profit of ₹19.0 Cr.

Borrowings ₹42.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹80.6₹61.0 -24.3% below

Transchem Ltd

500422 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +442% above its own trend
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -100.0%— 0.00.02.4
Operating profit loss widened— -1.3-1.3-0.5
Other income +137.2%+64.4% 3.72.21.6
Net profit +186.3%+294.3% 2.10.50.7
EPS (₹) +185.0%+297.7% 1.710.430.60

Quality of profit

Pre-tax profit ₹2.4 Cr: core business −₹1.3 Cr, other income ₹3.7 Cr.

Core profit YoY: loss widened · reported profit +186.3%

Cash & debt

FY26 cash from operations −₹1.6 Cr: -37% of FY26 net profit of ₹4.3 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Net profit₹0.4₹2.1 +442.1% above

Dalal Street Investments Ltd

501148 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales —— 0.10.00.0
Operating profit from lossfrom loss 0.0-0.1-0.2
OPM % —— 26.7%——
Other income from loss— 0.10.0-0.1
Net profit from lossfrom loss 0.1-0.2-0.4
PAT margin % —— 86.7%——
EPS (₹) from lossfrom loss 4.13-5.71-13.01

Quality of profit

Core 0%Other income & one-offs 100%

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

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹0.0 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Kartik Investments Trust Ltd

501151 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales —-100.0% 0.05.80.0
Operating profit loss widenedto loss -0.05.8-0.0
Other income +800.0%+0.0% 0.10.10.0
Net profit from loss-99.8% 0.05.1-0.0
EPS (₹) from loss-99.8% 0.41208.61-0.41

Quality of profit

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

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹0.9 Cr: -18% of FY26 net profit of ₹5.1 Cr.

Borrowings nil at Mar 2026.

Industrial & Prudential Investment Company Ltd

501298 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
  • FY26 operating cash flow was only 36% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -100.0%-100.0% 0.01.01.0
Operating profit —-100.0% 0.01.00.0
Other income +6.2%+13.3% 17.015.016.0
Net profit? +6.2%+6.2% 17.016.016.0
EPS (₹) +7.2%+10.9% 104.3794.1097.39

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹18.0 Cr: core business ₹0.0 Cr, other income ₹17.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: — · reported profit +6.2%

Cash & debt

FY26 cash from operations ₹23.0 Cr: 36% of FY26 net profit of ₹64.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.8₹0.0 -100.0% below
Net profit₹18.7₹17.0 -9.2% in line

ASI Industries Ltd

502015 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -39% below its own trend
  • Operating margin contracted 572 bps YoY
  • 56% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +1.8%-4.0% 48.750.747.8
Operating profit -32.7%-59.8% 5.413.58.1
OPM % -572 bps-1553 bps 11.2%26.7%16.9%
Other income -21.3%-10.2% 4.95.56.3
Net profit -37.7%-55.0% 5.512.38.9
PAT margin % -721 bps-1288 bps 11.4%24.3%18.6%
EPS (₹) -37.4%-54.7% 0.621.370.99

Quality of profit

Core 44%Other income & one-offs 56%

Pre-tax profit ₹8.9 Cr: core business ₹3.9 Cr, other income ₹4.9 Cr.

Core profit YoY: -38.2% · reported profit -37.7%

Cash & debt

FY26 cash from operations ₹16.0 Cr: 71% of FY26 net profit of ₹22.7 Cr.

Borrowings ₹41.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹45.7₹48.7 +6.5% above
Net profit₹9.1₹5.5 -39.2% below

Nath Industries Ltd

502587 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -128% below its own trend
  • Operating margin contracted 384 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +2.8%+11.0% 130117126
Operating profit -57.5%+20.6% 3.52.98.3
OPM % -384 bps+22 bps 2.7%2.5%6.5%
Other income -63.0%-46.9% 1.42.73.9
Net profit to lossto loss -2.10.63.8
PAT margin % -459 bps-208 bps -1.6%0.5%3.0%
EPS (₹) to lossto loss -1.090.291.98

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.9 Cr, other income ₹1.4 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹29.0 Cr: 435% of FY26 net profit of ₹6.7 Cr.

Borrowings ₹93.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹168₹130 -22.7% below
Net profit₹7.5−₹2.1 -127.7% below

HP Cotton Textile Mills Ltd

502873 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -62% below its own trend
  • Operating margin contracted 156 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -24.3%-17.9% 27.633.636.4
Operating profit -36.3%-18.7% 2.32.83.6
OPM % -156 bps-8 bps 8.3%8.4%9.9%
Other income +86.5%+79.6% 1.00.50.5
Net profit? -30.6%+4.6% 0.70.71.0
PAT margin % -22 bps+53 bps 2.5%1.9%2.7%
EPS (₹) -30.8%+4.2% 1.731.662.50

Quality of profit

Pre-tax profit ₹0.9 Cr: core business −₹0.1 Cr, other income ₹1.0 Cr.

Core profit YoY: to loss · reported profit -30.6%

Cash & debt

FY26 cash from operations ₹8.0 Cr: 269% of FY26 net profit of ₹3.0 Cr.

Borrowings ₹39.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹44.6₹27.6 -38.2% below
Net profit₹1.8₹0.7 -61.6% below

United Interactive Ltd

502893 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -127% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -100.0%— 0.00.02.3
Operating profit to lossloss widened -0.9-0.60.2
Other income +43.9%+35.6% 1.20.90.8
Net profit? to lossto loss -0.10.20.8
EPS (₹) to lossto loss -0.490.382.29

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹1.1 Cr, other income ₹1.2 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹1.4 Cr: 139% of FY26 net profit of ₹1.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Net profit₹0.5−₹0.1 -126.8% below

Lakshmi Mills Company Ltd

502958 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 234 bps YoY
  • 36% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -6.1%+7.0% 66.261.970.5
Operating profit +18.3%-9.7% 7.58.36.3
OPM % +234 bps-210 bps 11.3%13.4%9.0%
Other income +15.1%+890.0% 1.00.10.9
Net profit from loss-5.9% 1.92.0-0.7
PAT margin % +383 bps-40 bps 2.9%3.3%-0.9%
EPS (₹) from loss-5.9% 27.6029.33-9.49

Quality of profit

Core 64%Other income & one-offs 36%

Pre-tax profit ₹2.7 Cr: core business ₹1.7 Cr, other income ₹1.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹8.0 Cr.

Borrowings ₹81.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹66.9₹66.2 -1.0% in line

Raja Bahadur International Ltd

503127 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -14% below its own trend
  • Operating margin expanded 261 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +3.0%-1.2% 7.37.47.1
Operating profit +7.7%+32.0% 4.33.34.0
OPM % +261 bps+1491 bps 59.2%44.3%56.6%
Other income -49.1%-63.9% 0.82.31.6
Net profit? -23.8%-17.2% 0.80.91.0
PAT margin % -369 bps-203 bps 10.5%12.6%14.2%
EPS (₹) -23.8%-17.2% 30.8037.2040.40

Quality of profit

Pre-tax profit ₹0.7 Cr: core business −₹0.2 Cr, other income ₹0.8 Cr.

Core profit YoY: loss widened · reported profit -23.8%

Cash & debt

FY26 cash from operations ₹38.3 Cr: 3066% of FY26 net profit of ₹1.2 Cr.

Borrowings ₹312 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹7.6₹7.3 -3.7% in line
Net profit₹0.9₹0.8 -14.1% below

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, cash-flow statements with the March results.

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