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 14 Oct 2026, 03:27 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 39 of 46

Integrated Capital Services Ltd

539149 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -999% below its own trend
  • Operating margin contracted 2648 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -16.0%+425.0% 0.20.00.2
Operating profit -77.8%from loss 0.0-0.40.1
OPM % -2648 bps— 9.5%—36.0%
Other income +250.0%from loss 0.1-0.00.0
Net profit? to lossloss widened -0.7-0.60.0
EPS (₹) to lossloss widened -0.21-0.170.01

Quality of profit

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

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹1.5 Cr.

Borrowings ₹2.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.3₹0.2 -34.2% below
Net profit₹0.1−₹0.7 -999.0% below

Hawa Engineers Ltd

539176 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -44% below its own trend
  • Operating margin expanded 162 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -18.4%-16.8% 26.131.432.0
Operating profit +11.2%-43.0% 1.62.81.4
OPM % +162 bps-280 bps 6.1%8.9%4.5%
Other income +100.0%+133.3% 0.30.10.1
Net profit +7.5%-17.4% 0.60.70.5
PAT margin % +53 bps-2 bps 2.2%2.2%1.7%
EPS (₹) +8.0%-17.3% 1.621.961.50

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹0.9 Cr: core business ₹0.6 Cr, other income ₹0.3 Cr.

Core profit YoY: +7.0% · reported profit +7.5%

Cash & debt

FY26 cash from operations ₹4.0 Cr: 176% of FY26 net profit of ₹2.3 Cr.

Borrowings ₹22.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹30.8₹26.1 -15.2% below
Net profit₹1.0₹0.6 -44.1% below

Mauria Udyog Ltd

539219 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -66% below its own trend
  • Operating margin contracted 541 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -27.3%-13.8% 70.581.897.0
Operating profit -89.3%-89.7% 0.76.46.2
OPM % -541 bps-692 bps 0.9%7.9%6.3%
Other income -53.0%+29.2% 4.43.49.3
Net profit? -50.5%-52.3% 2.24.54.4
PAT margin % -144 bps-249 bps 3.1%5.6%4.5%
EPS (₹) -51.5%-52.9% 0.160.340.33

Quality of profit

Pre-tax profit ₹3.2 Cr: core business −₹1.1 Cr, other income ₹4.4 Cr.

Core profit YoY: to loss · reported profit -50.5%

Cash & debt

FY26 cash from operations ₹38.0 Cr: 159% of FY26 net profit of ₹24.0 Cr.

Borrowings ₹138 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹120₹70.5 -41.2% below
Net profit₹6.4₹2.2 -66.1% below

Amrapali Fincap Ltd

539265 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 331 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -36.0%+358.5% 16.03.525.0
Operating profit loss widenedloss widened -0.8-0.0-0.4
OPM % -331 bps-446 bps -4.8%-0.3%-1.4%
Other income +90.8%+396.0% 1.20.20.7
Net profit —+129.2% 0.60.20.0
PAT margin % +328 bps-344 bps 3.4%6.9%0.2%
EPS (₹) —+127.8% 0.410.180.03

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.8 Cr, other income ₹1.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹2.4 Cr.

Borrowings nil at Mar 2026.

Thinkink Picturez Ltd

539310 · 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 -99.6%-98.4% 0.01.25.1
Operating profit loss narrowedto loss -0.90.6-3.4
Other income +0.0%— 1.30.01.3
Net profit from loss-9.5% 0.40.4-1.6
EPS (₹) loss narrowed— 0.000.00-0.01

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.9 Cr, other income ₹1.3 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹1.0 Cr: -71% of FY26 net profit of ₹1.4 Cr.

Borrowings ₹0.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹4.6₹0.0 -99.6% below

Callista Industries Ltd

539335 · 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
  • FY26 operating cash flow was only 0% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales —— 0.00.00.0
Operating profit loss narrowedloss narrowed -0.0-0.6-0.6
Other income —+280.0% 0.60.10.0
Net profit from lossfrom loss 0.6-0.5-0.6
EPS (₹) from lossfrom loss 1.84-1.58-2.00

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.0 Cr, other income ₹0.6 Cr.

Core profit YoY: loss narrowed

Cash & debt

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

Borrowings ₹2.6 Cr at Mar 2026.

Sal Automotive Ltd

539353 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +24% 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 +0.8%+1.2% 88.887.888.1
Operating profit -6.3%-30.7% 1.92.82.1
OPM % -16 bps-100 bps 2.2%3.2%2.3%
Other income +40.3%from loss 1.7-0.41.2
Net profit -1.1%+52.5% 0.90.60.9
PAT margin % -2 bps+35 bps 1.0%0.7%1.1%
EPS (₹) -1.0%+52.8% 1.941.271.96

Quality of profit

Pre-tax profit ₹1.5 Cr: core business −₹0.3 Cr, other income ₹1.7 Cr.

Core profit YoY: to loss · reported profit -1.1%

Cash & debt

FY26 cash from operations −₹4.0 Cr: -94% of FY26 net profit of ₹4.3 Cr.

Borrowings ₹39.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹94.3₹88.8 -5.8% below
Net profit₹0.7₹0.9 +24.3% above

Polyspin Exports Ltd

539354 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -59% below its own trend
  • Operating margin contracted 196 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -7.7%+3.6% 55.753.860.4
Operating profit -44.3%-30.8% 1.72.43.0
OPM % -196 bps-148 bps 3.0%4.5%4.9%
Other income +88.7%+61.4% 1.30.80.7
Net profit? -39.5%-60.8% 0.51.20.8
PAT margin % -46 bps-144 bps 0.9%2.3%1.3%
EPS (₹) -39.5%-60.8% 0.491.250.81

Quality of profit

Pre-tax profit ₹0.7 Cr: core business −₹0.7 Cr, other income ₹1.3 Cr.

Core profit YoY: to loss · reported profit -39.5%

Cash & debt

FY26 cash from operations ₹32.0 Cr: 576% of FY26 net profit of ₹5.6 Cr.

Borrowings ₹71.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹65.3₹55.7 -14.6% below
Net profit₹1.2₹0.5 -59.3% below

Mahaveer Infoway Ltd

539383 · 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 +104.0%-25.0% 0.50.70.2
Operating profit loss widenedto loss -0.50.1-0.3
OPM % —-11176 bps -100.0%11.8%—
Other income +339.3%— 1.20.00.3
Net profit from loss+820.0% 0.50.1-0.2
PAT margin % +18620 bps+8284 bps 90.2%7.4%-96.0%
EPS (₹) from loss+822.2% 0.830.09-0.44

Quality of profit

Pre-tax profit ₹0.7 Cr: core business −₹0.5 Cr, other income ₹1.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹0.5 Cr: -83% of FY26 net profit of ₹0.6 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.2₹0.5 +161.5% above

Swagtam Trading & Services Ltd

539406 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1258 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 +20.0%— 1.30.01.1
Operating profit loss narrowed— -0.1-0.1-0.2
OPM % +1258 bps— -3.8%—-16.4%
Other income +62.5%+85.7% 0.10.10.1
Net profit from loss+150.0% 0.10.0-0.1
PAT margin % +1106 bps— 3.8%—-7.3%
EPS (₹) from loss+147.1% 0.420.17-0.67

Quality of profit

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

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹3.0 Cr: -2745% of FY26 net profit of ₹0.1 Cr.

Borrowings nil at Mar 2026.

Neeraj Paper Marketing Ltd

539409 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 110 bps YoY
  • 83% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -2.2%+0.1% 42.342.243.2
Operating profit -62.3%-35.6% 0.30.50.8
OPM % -110 bps-38 bps 0.7%1.1%1.8%
Other income +700.0%— 0.20.00.0
Net profit from loss+75.0% 0.20.1-0.1
PAT margin % +77 bps+21 bps 0.5%0.3%-0.3%
EPS (₹) from loss+72.7% 0.190.11-0.11

Quality of profit

Core 17%Other income & one-offs 83%

Pre-tax profit ₹0.3 Cr: core business ₹0.0 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹8.0 Cr: 1569% of FY26 net profit of ₹0.5 Cr.

Borrowings ₹8.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹39.8₹42.3 +6.3% above

Tejnaksh Healthcare Ltd

539428 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +65% above its own trend
  • Operating margin expanded 572 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -20.6%-2.7% 2.52.63.2
Operating profit +0.0%+2.9% 0.70.70.7
OPM % +572 bps+151 bps 27.8%26.3%22.1%
Other income +100.0%+100.0% 0.10.10.1
Net profit? -16.7%+25.0% 0.30.30.4
PAT margin % +64 bps+304 bps 13.7%10.7%13.1%
EPS (₹) -28.0%+20.0% 0.180.150.25

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹0.5 Cr: core business ₹0.4 Cr, other income ₹0.1 Cr.

Core profit YoY: -28.3% · reported profit -16.7%

Cash & debt

FY26 cash from operations ₹1.7 Cr: 147% of FY26 net profit of ₹1.2 Cr.

Borrowings ₹0.2 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2.8₹2.5 -8.2% below
Net profit₹0.2₹0.3 +65.4% above

Aryavan Enterprise Ltd

539455 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 117 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +79.6%+154.9% 25.410.014.2
Operating profit +46.1%+465.2% 1.30.20.9
OPM % -117 bps+281 bps 5.1%2.3%6.3%
Other income +133.3%-60.4% 0.41.10.2
Net profit? +51.3%+43.9% 1.20.80.8
PAT margin % -87 bps-358 bps 4.6%8.2%5.5%
EPS (₹) +83.0%+32.0% 1.611.220.88

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹1.6 Cr: core business ₹1.2 Cr, other income ₹0.4 Cr.

Core profit YoY: +50.6% · reported profit +51.3%

Cash & debt

FY26 cash from operations ₹4.4 Cr: 139% of FY26 net profit of ₹3.2 Cr.

Borrowings ₹3.3 Cr at Mar 2026.

Panorama Studios International Ltd

539469 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -80% below its own trend
  • 26% 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 -69.5%+120.0% 64.829.5213
Operating profit -70.9%+784.9% 12.91.544.5
OPM % -98 bps+1497 bps 19.9%5.0%20.9%
Other income +153.7%+285.2% 3.10.81.2
Net profit? -76.9%from loss 7.2-1.531.0
PAT margin % -355 bps+1620 bps 11.0%-5.2%14.6%
EPS (₹) —from loss 0.34-0.021.21

No EPS growth against Mar 2025: 5:2 bonus in Dec 2025.

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹11.8 Cr: core business ₹8.7 Cr, other income ₹3.1 Cr.

Core profit YoY: -78.4% · reported profit -76.9%

Cash & debt

FY26 cash from operations −₹4.0 Cr: -40% of FY26 net profit of ₹10.0 Cr.

Borrowings ₹130 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹193₹64.8 -66.4% below
Net profit₹35.0₹7.2 -79.5% below

Grovy India Ltd

539522 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +122% above its own trend
  • Operating margin expanded 1122 bps YoY
  • 78% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 15% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +105.6%+133.0% 7.03.03.4
Operating profit from loss+264.7% 0.60.2-0.1
OPM % +1122 bps+320 bps 8.9%5.7%-2.4%
Other income +23.0%+44.4% 0.90.60.7
Net profit +345.0%+64.8% 0.90.50.2
PAT margin % +685 bps-527 bps 12.7%18.0%5.9%
EPS (₹) +346.7%+67.5% 0.670.400.15

Quality of profit

Core 22%Other income & one-offs 78%

Pre-tax profit ₹1.2 Cr: core business ₹0.2 Cr, other income ₹0.9 Cr.

Core profit YoY: from loss · reported profit +345.0%

Cash & debt

FY26 cash from operations ₹0.4 Cr: 15% of FY26 net profit of ₹2.9 Cr.

Borrowings ₹25.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.8₹7.0 +2.8% in line
Net profit₹0.4₹0.9 +122.5% above

Aayush Wellness Ltd

539528 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -74% below its own trend
  • Operating margin contracted 460 bps YoY
  • 66% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -69%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +116.6%+8.7% 48.444.522.4
Operating profit -70.6%-14.6% 0.30.41.2
OPM % -460 bps-20 bps 0.7%0.9%5.3%
Other income —+0.0% 0.70.70.0
Net profit? -48.6%-46.7% 0.61.11.1
PAT margin % -372 bps-120 bps 1.2%2.4%4.9%
EPS (₹) -45.5%-45.5% 0.120.220.22

Quality of profit

Core 34%Other income & one-offs 66%

Pre-tax profit ₹1.0 Cr: core business ₹0.3 Cr, other income ₹0.7 Cr.

Core profit YoY: -68.8% · reported profit -48.6%

Cash & debt

FY26 cash from operations −₹5.0 Cr: -126% of FY26 net profit of ₹4.0 Cr.

Borrowings ₹5.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹44.7₹48.4 +8.3% above
Net profit₹2.2₹0.6 -74.3% below

Agribio Spirits Ltd

539546 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +45% above its own trend
  • Operating margin expanded 1258 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 +174.9%+65.4% 12.97.84.7
Operating profit loss narrowedloss narrowed -0.1-0.2-0.6
OPM % +1258 bps+142 bps -1.0%-2.4%-13.6%
Other income -37.0%-38.3% 0.91.51.5
Net profit? +36.4%-18.2% 0.91.10.7
PAT margin % -706 bps-710 bps 6.9%14.0%14.0%
EPS (₹) +29.7%-17.8% 0.831.010.64

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.3 Cr, other income ₹0.9 Cr.

Core profit YoY: loss narrowed · reported profit +36.4%

Cash & debt

FY26 cash from operations −₹3.9 Cr: -96% of FY26 net profit of ₹4.1 Cr.

Borrowings ₹18.4 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹9.4₹12.9 +37.5% above
Net profit₹0.6₹0.9 +45.0% above

Vikram Kamats Hospitality Ltd

539659 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 1328 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +47.5%+23.0% 17.113.911.6
Operating profit +167.7%+119.0% 5.12.31.9
OPM % +1328 bps+1296 bps 29.6%16.6%16.3%
Other income +32.1%from loss 0.7-1.20.6
Net profit? —from loss 1.8-1.80.1
PAT margin % +951 bps+2331 bps 10.5%-12.9%0.9%
EPS (₹) —from loss 0.85-0.860.07

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹2.5 Cr: core business ₹1.8 Cr, other income ₹0.7 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹12.0 Cr: 7993% of FY26 net profit of ₹0.1 Cr.

Borrowings ₹60.3 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹16.1₹17.1 +6.1% above
Net profit₹0.1₹1.8 +999.0% above

Relicab Cable Manufacturing Ltd

539760 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +141% above its own trend
  • Operating margin expanded 128 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 15% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +63.2%+87.6% 26.013.815.9
Operating profit +115.9%+72.2% 1.40.80.6
OPM % +128 bps-47 bps 5.2%5.7%4.0%
Other income -32.2%+122.2% 0.40.20.6
Net profit +108.3%+141.9% 0.80.30.4
PAT margin % +63 bps+65 bps 2.9%2.2%2.3%
EPS (₹) +105.6%+138.7% 0.740.310.36

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹0.9 Cr: core business ₹0.5 Cr, other income ₹0.4 Cr.

Core profit YoY: from loss · reported profit +108.3%

Cash & debt

FY26 cash from operations ₹0.3 Cr: 15% of FY26 net profit of ₹1.9 Cr.

Borrowings ₹14.8 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹23.6₹26.0 +10.0% above
Net profit₹0.3₹0.8 +141.5% above

Modern Engineering And Projects Ltd

539762 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -98% below its own trend
  • Operating margin contracted 2608 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 +12.8%+92.0% 47.624.842.2
Operating profit -93.4%-83.0% 0.84.511.7
OPM % -2608 bps-1661 bps 1.6%18.2%27.7%
Other income +125.0%+3.8% 0.50.50.2
Net profit -96.0%-89.0% 0.43.49.4
PAT margin % -2140 bps-1281 bps 0.8%13.6%22.2%
EPS (₹) -96.0%-89.0% 0.242.186.06

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹0.0 Cr, other income ₹0.5 Cr.

Core profit YoY: to loss · reported profit -96.0%

Cash & debt

FY26 cash from operations −₹15.0 Cr: -177% of FY26 net profit of ₹8.5 Cr.

Borrowings ₹36.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹44.9₹47.6 +6.0% above
Net profit₹18.7₹0.4 -98.0% below

Mega Nirman and Industries Ltd

539767 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 3614 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +83.6%-46.0% 3.46.21.8
Operating profit from lossfrom loss 0.6-0.0-0.3
OPM % +3614 bps+1820 bps 17.6%-0.6%-18.6%
Other income -71.1%-75.0% 0.10.40.4
Net profit —-27.8% 0.30.40.0
PAT margin % +774 bps+195 bps 7.7%5.8%0.0%
EPS (₹) —-28.6% 0.100.140.00

Quality of profit

Core 69%Other income & one-offs 31%

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

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹1.8 Cr: 506% of FY26 net profit of ₹0.4 Cr.

Borrowings ₹3.5 Cr at Mar 2026.

LE Lavoir Ltd

539814 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 4145 bps YoY
  • 92% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -67%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +193.8%+151.8% 1.40.60.5
Operating profit -40.0%+114.3% 0.10.10.2
OPM % -4145 bps-186 bps 10.6%12.5%52.1%
Other income +177.3%+8.9% 0.60.60.2
Net profit? +81.5%+25.6% 0.50.40.3
PAT margin % -2150 bps-3489 bps 34.8%69.6%56.3%
EPS (₹) +69.9%+17.5% 1.411.200.83

Quality of profit

Core 8%Other income & one-offs 92%

Pre-tax profit ₹0.7 Cr: core business ₹0.0 Cr, other income ₹0.6 Cr.

Core profit YoY: -66.7% · reported profit +81.5%

Cash & debt

FY26 cash from operations −₹9.2 Cr.

Borrowings ₹4.0 Cr at Mar 2026.

Halder Venture Ltd

539854 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 667 bps YoY
  • 45% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 47% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +104.1%+106.9% 300145147
Operating profit —+81.8% 20.011.00.0
OPM % +667 bps-92 bps 6.7%7.6%0.0%
Other income -18.2%-47.1% 9.017.011.0
Net profit? from loss-9.5% 19.021.0-8.0
PAT margin % +1178 bps-815 bps 6.3%14.5%-5.4%
EPS (₹) from loss-21.5% 13.0216.59-6.78

Quality of profit

Core 55%Other income & one-offs 45%

Pre-tax profit ₹20.0 Cr: core business ₹11.0 Cr, other income ₹9.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹15.0 Cr: 47% of FY26 net profit of ₹32.0 Cr.

Borrowings ₹361 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹83.9₹300 +257.7% above

Ghushine Fintrrade Ocean Ltd

539864 · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -6.7%+17.8% 3.02.63.3
Operating profit loss widened— -0.1-0.1-0.1
OPM % -55 bps+64 bps -3.6%-4.2%-3.1%
Other income +18.2%+8.3% 0.10.10.1
Net profit —— 0.00.00.0
PAT margin % +33 bps+33 bps 0.3%0.0%0.0%
EPS (₹) —— 0.020.000.00

Quality of profit

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

Cash & debt

FY26 cash from operations −₹0.5 Cr.

Borrowings ₹0.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.5₹3.0 -53.4% below

Dalmia Industrial Development Ltd

539900 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 4216 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 -44.5%+353.8% 1.80.43.2
Operating profit to lossloss widened -0.3-0.20.8
OPM % -4216 bps+2238 bps -18.6%-41.0%23.5%
Other income +900.0%— 0.90.10.1
Net profit -100.0%loss narrowed 0.0-0.10.8
PAT margin % -2508 bps+2821 bps 0.0%-28.2%25.1%
EPS (₹) -100.0%loss narrowed 0.00-0.050.40

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.9 Cr, other income ₹0.9 Cr.

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

Cash & debt

FY26 cash from operations −₹7.2 Cr: -14300% of FY26 net profit of ₹0.1 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6.4₹1.8 -72.3% below

Shanti Educational Initiatives Ltd

539921 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 617 bps YoY
  • 86% 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 +23.0%+297.4% 23.25.818.8
Operating profit from lossfrom loss 0.8-0.5-0.5
OPM % +617 bps+1250 bps 3.4%-9.1%-2.8%
Other income +15.5%+415.4% 1.30.31.2
Net profit? from lossfrom loss 1.0-0.6-0.5
PAT margin % +672 bps+1469 bps 4.2%-10.5%-2.5%
EPS (₹) from lossfrom loss 0.06-0.04-0.03

Quality of profit

Core 14%Other income & one-offs 86%

Pre-tax profit ₹1.6 Cr: core business ₹0.2 Cr, other income ₹1.3 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations −₹0.2 Cr: -3% of FY26 net profit of ₹5.9 Cr.

Borrowings ₹5.9 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹25.5₹23.2 -9.3% below

Rotographics (India) Ltd

539922 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 3083 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • FY26 operating cash flow was only 45% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +943.2%-16.2% 8.410.10.8
Operating profit to lossloss widened -0.3-0.00.2
OPM % -3083 bps-337 bps -3.7%-0.3%27.2%
Other income —+82.8% 0.50.30.0
Net profit -58.8%-68.2% 0.10.20.2
PAT margin % -2016 bps-135 bps 0.8%2.2%21.0%
EPS (₹) —-70.6% 0.050.170.47

No EPS growth against Mar 2025: ₹10 to ₹2 split in Aug 2026.

Quality of profit

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

Core profit YoY: to loss · reported profit -58.8%

Cash & debt

FY26 cash from operations ₹0.4 Cr: 45% of FY26 net profit of ₹0.9 Cr.

Borrowings ₹0.7 Cr at Mar 2026.

Zeal Aqua Ltd

539963 · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -69% below its own trend
  • Operating margin contracted 904 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +33.4%-38.4% 137222103
Operating profit -85.0%-82.8% 1.69.110.4
OPM % -904 bps-296 bps 1.1%4.1%10.2%
Other income +320.3%-5.0% 7.47.81.8
Net profit -62.4%-72.9% 2.07.55.4
PAT margin % -379 bps-190 bps 1.5%3.4%5.3%
EPS (₹) -62.8%-73.3% 0.160.600.43

Quality of profit

Pre-tax profit ₹2.6 Cr: core business −₹4.9 Cr, other income ₹7.4 Cr.

Core profit YoY: to loss · reported profit -62.4%

Cash & debt

FY26 cash from operations ₹36.0 Cr: 255% of FY26 net profit of ₹14.1 Cr.

Borrowings ₹186 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹140₹137 -2.3% in line
Net profit₹6.7₹2.0 -69.4% below

Confidence Futuristic Energetech Ltd

539991 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +122% above its own trend
  • Operating margin contracted 646 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +83%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -17.9%+53.7% 55.836.368.0
Operating profit -53.7%-14.9% 4.75.510.1
OPM % -646 bps-675 bps 8.4%15.1%14.8%
Other income -70.5%+4.0% 1.01.03.5
Net profit? +10.8%— 6.40.25.8
PAT margin % +296 bps+1087 bps 11.4%0.6%8.5%
EPS (₹) -2.7%— 2.150.092.21

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹3.8 Cr: core business ₹2.7 Cr, other income ₹1.0 Cr.

Core profit YoY: +82.7% · reported profit +10.8%

Cash & debt

FY26 cash from operations ₹40.0 Cr: 571% of FY26 net profit of ₹7.0 Cr.

Borrowings ₹169 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹46.0₹55.8 +21.3% above
Net profit₹2.9₹6.4 +121.5% above

East West Freight Carriers Ltd

540006 · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 122 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -24.8%-2.8% 44.345.658.9
Operating profit -62.5%from loss 0.5-1.01.4
OPM % -122 bps+350 bps 1.2%-2.3%2.4%
Other income +187.1%— 2.70.10.9
Net profit? +20.9%from loss 0.5-2.40.4
PAT margin % +44 bps+635 bps 1.2%-5.2%0.7%
EPS (₹) +0.0%from loss 0.03-0.180.03

Quality of profit

Pre-tax profit ₹1.2 Cr: core business −₹1.5 Cr, other income ₹2.7 Cr.

Core profit YoY: loss widened · reported profit +20.9%

Cash & debt

FY26 cash from operations ₹3.0 Cr.

Borrowings ₹72.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹44.3₹44.3 -0.1% in line

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