Flash Finance

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, 07:31 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

Latest Q4 FY26 results 5115

Page 52 of 171

Likhitha Infrastructure Limited

LIKHITHA · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹885 Cr
P/E
27.6
PEG
—
  • Profit -68% below its own trend
  • Operating margin contracted 1172 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -10.9%+8.3% 121111135
Operating profit -69.9%-47.5% 7.213.724.0
OPM % -1172 bps-635 bps 6.0%12.3%17.7%
Other income +2.8%+68.7% 1.40.81.3
Net profit? -76.7%-55.1% 4.19.117.6
PAT margin % -956 bps-480 bps 3.4%8.2%13.0%
EPS (₹) -74.0%-50.6% 1.162.354.46

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹6.2 Cr: core business ₹4.8 Cr, other income ₹1.4 Cr.

Core profit YoY: -78.4% · reported profit -76.7%

Cash & debt

FY26 cash from operations −₹5.0 Cr: -13% of FY26 net profit of ₹38.6 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹127₹121 -4.7% in line
Net profit₹12.9₹4.1 -68.2% below
Detailed financials →

Dwarikesh Sugar Industries Limited

DWARKESH · Sugar · Q4 FY26 · Standalone
M Cap
₹884 Cr
P/E
—
PEG
—
  • Profit -26% below its own trend
  • Operating margin contracted 284 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -7.4%+30.8% 425325459
Operating profit -18.7%+128.9% 87.038.0107
OPM % -284 bps+878 bps 20.5%11.7%23.3%
Other income —-66.7% 1.03.00.0
Net profit +23.9%+280.0% 57.015.046.0
PAT margin % +339 bps+880 bps 13.4%4.6%10.0%
EPS (₹) +24.0%+273.5% 3.100.832.50

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹82.0 Cr: core business ₹81.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -6.9% · reported profit +23.9%

Cash & debt

FY26 cash from operations ₹129 Cr: 430% of FY26 net profit of ₹30.0 Cr.

Borrowings ₹336 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹511₹425 -16.8% below
Net profit₹77.4₹57.0 -26.3% below
📊 Investor presentation (28 Jul) Detailed financials →

Bcl Industries Limited

BCLIND · Diversified Conglomerates · Q4 FY26 · Consolidated
M Cap
₹881 Cr
P/E
6.9
PEG
0.34
  • Profit -26% below its own trend
  • Operating margin expanded 267 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -19.5%-19.8% 582726723
Operating profit +12.2%-17.9% 55.067.049.0
OPM % +267 bps+22 bps 9.5%9.2%6.8%
Other income +0.0%+50.0% 3.02.03.0
Net profit? -7.1%-25.7% 26.035.028.0
PAT margin % +59 bps-35 bps 4.5%4.8%3.9%
EPS (₹) -8.1%-27.5% 0.791.090.86

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹37.0 Cr: core business ₹34.0 Cr, other income ₹3.0 Cr.

Core profit YoY: +6.2% · reported profit -7.1%

Cash & debt

FY26 cash from operations ₹325 Cr: 258% of FY26 net profit of ₹126 Cr.

Borrowings ₹569 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹876₹582 -33.6% below
Net profit₹35.0₹26.0 -25.7% below
📊 Investor presentation (13 Aug) Detailed financials →

Dharmaj Crop Guard Limited

DHARMAJ · Pesticides & Agrochemicals · Q4 FY26 · Consolidated
M Cap
₹880 Cr
P/E
14.6
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 271 bps YoY
  • 84% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.4%+23.3% 234190210
Operating profit +176.4%+45.1% 10.67.33.8
OPM % +271 bps+68 bps 4.5%3.9%1.8%
Other income +189.4%+37.9% 4.43.21.5
Net profit? from loss+422.4% 4.00.8-2.5
PAT margin % +287 bps+130 bps 1.7%0.4%-1.2%
EPS (₹) from loss+431.8% 1.170.22-0.73

Quality of profit

Core 16%Other income & one-offs 84%

Pre-tax profit ₹5.2 Cr: core business ₹0.9 Cr, other income ₹4.4 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹28.0 Cr: 51% of FY26 net profit of ₹54.7 Cr.

Borrowings ₹132 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹234₹234 -0.2% in line
📊 Investor presentation (07 Aug) Detailed financials →

Krystal Integrated Services Limited

KRYSTAL · Commercial & Business Services · Q4 FY26 · Consolidated
M Cap
₹880 Cr
P/E
13.5
PEG
0.34
  • 28% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -27%)
  • FY26 operating cash flow was only 40% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -11.7%+19.3% 365306413
Operating profit -11.1%+16.0% 23.820.526.8
OPM % +4 bps-19 bps 6.5%6.7%6.5%
Other income +46.2%+30.1% 6.14.74.2
Net profit? +11.3%+18.6% 18.815.916.9
PAT margin % +107 bps-3 bps 5.2%5.2%4.1%
EPS (₹) +11.3%+18.5% 13.4911.3812.12

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹21.7 Cr: core business ₹15.7 Cr, other income ₹6.1 Cr.

Core profit YoY: -27.2% · reported profit +11.3%

Cash & debt

FY26 cash from operations ₹26.0 Cr: 40% of FY26 net profit of ₹64.3 Cr.

Borrowings ₹120 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹488₹365 -25.2% below
Net profit₹17.8₹18.8 +5.6% in line
📊 Investor presentation (07 May) Detailed financials →

Electrotherm (India) Limited

ELECTHERM · Iron & Steel · Q4 FY26 · Consolidated
M Cap
₹879 Cr
P/E
—
PEG
—
  • Profit -93% below its own trend
  • Operating margin contracted 345 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -1.8%+26.1% 1,1409041,161
Operating profit -62.8%from loss 24.0-30.664.5
OPM % -345 bps+550 bps 2.1%-3.4%5.6%
Other income +233.3%— 8.00.42.4
Net profit? -92.5%from loss 14.0-35.4186
PAT margin % -1475 bps+515 bps 1.2%-3.9%16.0%
EPS (₹) -92.7%from loss 10.70-27.80145.60

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹18.0 Cr: core business ₹9.0 Cr, other income ₹8.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -79.6% · reported profit -92.5%

Cash & debt

FY26 cash from operations ₹351 Cr.

Borrowings ₹1,064 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,039₹1,140 +9.8% above
Net profit₹189₹14.0 -92.6% below
Detailed financials →

Hexa Tradex Limited

HEXATRADEX · Investment & Holding Companies · Q4 FY26 · Consolidated
M Cap
₹873 Cr
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -3.3%— 1.40.01.5
Operating profit loss narrowedloss narrowed -2.8-4.2-3.1
Other income -78.3%-93.9% 0.10.80.2
Net profit? loss narrowedloss narrowed -3.3-4.3-3.7
EPS (₹) loss narrowedloss narrowed -0.60-0.79-0.67

Quality of profit

Pre-tax profit −₹3.0 Cr: core business −₹3.0 Cr, other income ₹0.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹3.6 Cr.

Borrowings ₹8.6 Cr at Mar 2026.

Detailed financials →

Unihealth Hospitals Limited

UNIHEALTH · Hospitals & Healthcare Services · H2 FY26 · Consolidated
M Cap
₹871 Cr
P/E
18.9
PEG
0.38
  • Profit -14% below its own trend
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +104.6%-3.0% 65.067.031.8
Operating profit +109.2%-31.2% 22.032.010.5
OPM % +73 bps-1392 bps 33.8%47.8%33.1%
Other income +43.8%-33.3% 2.03.01.4
Net profit? +71.5%-41.4% 17.029.09.9
PAT margin % -505 bps-1713 bps 26.2%43.3%31.2%
EPS (₹) +6.1%-29.9% 6.839.756.44

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹17.0 Cr: core business ₹15.0 Cr, other income ₹2.0 Cr.

Core profit YoY: +73.4% · reported profit +71.5%

Cash & debt

FY26 cash from operations ₹6.0 Cr.

Borrowings ₹38.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹63.5₹65.0 +2.3% in line
Net profit₹19.8₹17.0 -14.3% below
Detailed financials →

Zuari Agro Chemicals Limited

ZUARI · Fertilizers · Q4 FY26 · Consolidated
M Cap
₹868 Cr
P/E
0.9
PEG
0.03
  • Into loss: a profit a year ago
  • Profit -146% below its own trend
  • Operating margin contracted 1085 bps YoY
  • FY26 operating cash flow was only 21% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -80.4%-45.6% 187344952
Operating profit to lossto loss -14.09.032.0
OPM % -1085 bps-1010 bps -7.5%2.6%3.4%
Other income -82.0%-74.4% 11.043.061.0
Net profit? to lossto loss -25.040.027.0
PAT margin % -1621 bps-2500 bps -13.4%11.6%2.8%
EPS (₹) to lossto loss -5.959.434.72

Quality of profit

Pre-tax profit −₹25.0 Cr: core business −₹36.0 Cr, other income ₹11.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹203 Cr: 21% of FY26 net profit of ₹982 Cr.

Borrowings ₹642 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,046₹187 -82.1% below
Net profit₹54.0−₹25.0 -146.3% below
Detailed financials →

Vinsys IT Services India Limited

VINSYS · Education & E-Learning · H2 FY26 · Consolidated
M Cap
₹868 Cr
P/E
29.1
PEG
1.12
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +23.8%+23.3% 148120120
Operating profit +21.6%+135.1% 30.012.824.7
OPM % -37 bps+964 bps 20.3%10.6%20.6%
Other income -57.7%+3.7% 1.01.02.4
Net profit? +10.0%+137.4% 21.08.819.1
PAT margin % -178 bps+682 bps 14.2%7.4%16.0%
EPS (₹) +9.5%+136.2% 14.246.0313.01

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹25.0 Cr: core business ₹25.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +17.1% · reported profit +10.0%

Cash & debt

FY26 cash from operations −₹9.0 Cr.

Borrowings ₹52.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹152₹148 -2.3% in line
Net profit₹20.0₹21.0 +5.2% in line
Detailed financials →

Pranav Constructions Limited

PRANAV · Real Estate · Q4 FY26 · Standalone
M Cap
₹868 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 273
Operating profit 55.0
OPM % 20.1%
Other income 1.0
Net profit 36.0
PAT margin % 13.2%
EPS (₹) 4.09

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

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹46.0 Cr: core business ₹45.0 Cr, other income ₹1.0 Cr.

Detailed financials →

Ambika Cotton Mills Limited

AMBIKCO · Textiles · Q4 FY26 · Standalone
M Cap
₹867 Cr
P/E
10.6
PEG
—
  • Profit +51% above its own trend
  • Core business grew faster than reported profit (core profit +87%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +58.1%+23.6% 215174136
Operating profit +50.0%+44.0% 36.025.024.0
OPM % -90 bps+238 bps 16.7%14.4%17.6%
Other income -14.3%+100.0% 6.03.07.0
Net profit +56.2%+66.7% 25.015.016.0
PAT margin % -14 bps+301 bps 11.6%8.6%11.8%
EPS (₹) +54.7%+61.7% 42.8526.5027.70

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹33.0 Cr: core business ₹28.0 Cr, other income ₹6.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +86.7% · reported profit +56.2%

Cash & debt

FY26 cash from operations ₹228 Cr: 317% of FY26 net profit of ₹72.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹130₹215 +64.8% above
Net profit₹16.6₹25.0 +50.9% above
Detailed financials →

Tirupati Forge Limited

TIRUPATIFL · Castings & Forgings · Q4 FY26 · Standalone
M Cap
₹866 Cr
P/E
141.9
PEG
—
  • Profit +92% above its own trend
  • Operating margin contracted 206 bps YoY
  • 55% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -26%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +52.4%-13.8% 41.948.627.5
Operating profit +24.5%-24.2% 3.95.13.1
OPM % -206 bps-126 bps 9.2%10.5%11.3%
Other income +162.8%+71.2% 1.10.70.4
Net profit +16.9%-24.8% 1.52.01.3
PAT margin % -110 bps-53 bps 3.6%4.2%4.7%
EPS (₹) +9.1%-25.0% 0.120.160.11

Quality of profit

Core 45%Other income & one-offs 55%

Pre-tax profit ₹2.1 Cr: core business ₹0.9 Cr, other income ₹1.1 Cr.

Core profit YoY: -26.0% · reported profit +16.9%

Cash & debt

FY26 cash from operations ₹16.0 Cr: 254% of FY26 net profit of ₹6.3 Cr.

Borrowings ₹42.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹32.2₹41.9 +30.2% above
Net profit₹0.8₹1.5 +91.8% above
Detailed financials →

Indosolar Limited

WAAREEINDO · Electrical Equipment · Q4 FY26 · Standalone
M Cap
₹862 Cr
P/E
5.2
PEG
—
  • Profit -48% below its own trend
  • Operating margin expanded 5097 bps YoY
  • Core business grew faster than reported profit (core profit +39%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -56.8%-58.5% 83.0200192
Operating profit +27.5%-9.9% 64.071.050.2
OPM % +5097 bps+4161 bps 77.1%35.5%26.1%
Other income +71.7%— 1.00.00.6
Net profit +4.9%+2.4% 42.041.040.0
PAT margin % +2975 bps+3010 bps 50.6%20.5%20.9%
EPS (₹) +4.9%+1.3% 10.109.979.63

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹56.0 Cr: core business ₹55.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +39.4% · reported profit +4.9%

Against its own trend ?

TrendActualGap
Sales₹384₹83.0 -78.4% below
Net profit₹80.1₹42.0 -47.6% below
Detailed financials →

Magadh Sugar & Energy Limited

MAGADSUGAR · Sugar · Q4 FY26 · Standalone
M Cap
₹857 Cr
P/E
16.7
PEG
2.09
  • Profit -43% below its own trend
  • Operating margin contracted 558 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -18.1%-1.8% 291296355
Operating profit -32.2%+62.4% 78.048.0115
OPM % -558 bps+1060 bps 26.8%16.2%32.4%
Other income +106.6%from loss 2.1-1.01.0
Net profit -32.6%+94.2% 48.625.072.0
PAT margin % -358 bps+826 bps 16.7%8.4%20.3%
EPS (₹) -32.1%+93.6% 34.4617.8050.75

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹63.7 Cr: core business ₹60.9 Cr, other income ₹2.1 Cr, exceptional & other items ₹0.7 Cr.

Core profit YoY: -35.9% · reported profit -32.6%

Cash & debt

FY26 cash from operations ₹148 Cr: 232% of FY26 net profit of ₹63.8 Cr.

Borrowings ₹691 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹362₹291 -19.8% below
Net profit₹85.7₹48.6 -43.4% below
📊 Investor presentation (04 Aug) Detailed financials →

Hexagon Nutrition Limited

HEXAGON · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹856 Cr
P/E
—
PEG
—
  • Operating margin expanded 122 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +20%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +8.0%+15.6% 11599.5107
Operating profit +19.1%-1.4% 15.115.312.7
OPM % +122 bps-226 bps 13.1%15.4%11.9%
Other income +515.9%+88.1% 4.22.30.7
Net profit? +40.5%+4.4% 10.910.47.8
PAT margin % +219 bps-101 bps 9.5%10.5%7.3%
EPS (₹) +41.4%+5.3% 0.990.940.70

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹15.4 Cr: core business ₹11.2 Cr, other income ₹4.2 Cr.

Core profit YoY: +19.7% · reported profit +40.5%

📊 Investor presentation (14 Aug) Detailed financials →

Sejal Glass Limited

SEJALLTD · Glass · Q4 FY26 · Consolidated
M Cap
₹856 Cr
P/E
22.5
PEG
0.47
  • Profit +43% above its own trend
  • Operating margin expanded 263 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +68.5%+13.4% 11510168.0
Operating profit +101.9%+21.2% 18.215.09.0
OPM % +263 bps+101 bps 15.9%14.9%13.2%
Other income -60.3%+237.5% 3.41.08.5
Net profit? +185.5%+128.4% 11.45.04.0
PAT margin % +409 bps+502 bps 10.0%5.0%5.9%
EPS (₹) +165.1%+126.4% 9.944.393.75

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹12.3 Cr: core business ₹8.9 Cr, other income ₹3.4 Cr.

Core profit YoY: from loss · reported profit +185.5%

Cash & debt

FY26 cash from operations ₹51.0 Cr: 177% of FY26 net profit of ₹28.8 Cr.

Borrowings ₹202 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹105₹115 +9.0% above
Net profit₹8.0₹11.4 +42.8% above
Detailed financials →

DMCC SPECIALITY CHEMICALS LIMITED

DMCC · Chemicals · Q4 FY26 · Standalone
M Cap
₹853 Cr
P/E
21.3
PEG
0.33
  • Profit +12% above its own trend
  • Operating margin contracted 211 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +41.9%+17.8% 178151125
Operating profit +17.1%+20.4% 17.714.715.1
OPM % -211 bps+22 bps 10.0%9.7%12.1%
Other income -62.9%-14.3% 0.20.20.4
Net profit +18.5%+24.4% 7.76.26.5
PAT margin % -85 bps+23 bps 4.3%4.1%5.2%
EPS (₹) +18.5%+24.3% 3.072.472.59

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹10.8 Cr: core business ₹10.7 Cr, other income ₹0.2 Cr.

Core profit YoY: +19.8% · reported profit +18.5%

Cash & debt

FY26 cash from operations −₹18.0 Cr: -66% of FY26 net profit of ₹27.3 Cr.

Borrowings ₹87.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹173₹178 +2.6% in line
Net profit₹6.8₹7.7 +12.2% above
Detailed financials →

Hy-Tech Engineers Limited

HTEL · Engineering & Capital Goods · Q4 FY26 · Standalone
M Cap
₹844 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 56.1
Operating profit 11.9
OPM % 21.2%
Other income 1.2
Net profit 6.5
PAT margin % 11.6%
EPS (₹) 0.78

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

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹8.8 Cr: core business ₹7.6 Cr, other income ₹1.2 Cr.

📊 Investor presentation (21 Sep) Detailed financials →

Effwa Infra & Research Limited

EFFWA · Construction & Infrastructure · H2 FY26 · Standalone
M Cap
₹837 Cr
P/E
29.3
PEG
0.38
  • Profit -25% below its own trend
  • Operating margin contracted 219 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +31.5%+80.8% 16390.2124
Operating profit +16.0%+73.0% 26.715.423.0
OPM % -219 bps-74 bps 16.4%17.1%18.5%
Other income —— 0.00.00.0
Net profit +23.2%+82.1% 18.510.115.0
PAT margin % -77 bps+8 bps 11.3%11.2%12.1%
EPS (₹) +20.4%+82.2% 7.984.386.63

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹24.7 Cr: core business ₹24.7 Cr, other income ₹0.0 Cr.

Core profit YoY: +17.5% · reported profit +23.2%

Cash & debt

FY26 cash from operations ₹29.0 Cr.

Borrowings ₹38.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹161₹163 +1.6% in line
Net profit₹24.6₹18.5 -25.0% below
Detailed financials →

TAC Infosec Limited

TAC · IT Services & Software · H2 FY26 · Consolidated
M Cap
₹836 Cr
P/E
37.1
PEG
—
  • Profit -22% below its own trend
  • Operating margin contracted 515 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +54.3%-5.8% 27.829.518.0
Operating profit +38.4%-32.1% 12.518.49.0
OPM % -515 bps-1741 bps 44.9%62.3%50.0%
Other income to lossto loss -0.90.91.0
Net profit? +35.4%-7.3% 10.811.78.0
PAT margin % -546 bps-62 bps 39.0%39.6%44.4%
EPS (₹) +37.3%-7.6% 5.15adj. 5.583.75

EPS restated for the 1:1 bonus of Oct 2025: Sep 2025 ₹11.15 to ₹5.58.

Quality of profit

Pre-tax profit ₹10.1 Cr: core business ₹11.0 Cr, other income −₹0.9 Cr.

Core profit YoY: +38.0% · reported profit +35.4%

Cash & debt

FY26 cash from operations ₹12.0 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹36.0₹27.8 -22.8% below
Net profit₹13.9₹10.8 -22.3% below
Detailed financials →

Mukka Proteins Limited

MUKKA · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹823 Cr
P/E
11.1
PEG
1.85
  • Profit +104% above its own trend
  • Operating margin expanded 125 bps YoY
  • 53% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -15%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -0.3%-41.8% 381653382
Operating profit +16.0%-25.5% 33.945.429.2
OPM % +125 bps+194 bps 8.9%7.0%7.6%
Other income +266.1%+208.0% 15.24.94.2
Net profit? +52.6%-21.6% 21.427.314.0
PAT margin % +194 bps+144 bps 5.6%4.2%3.7%
EPS (₹) +53.3%-12.7% 0.690.790.45

Quality of profit

Core 47%Other income & one-offs 53%

Pre-tax profit ₹28.9 Cr: core business ₹13.6 Cr, other income ₹15.2 Cr.

Core profit YoY: -15.4% · reported profit +52.6%

Cash & debt

FY26 cash from operations −₹111 Cr: -194% of FY26 net profit of ₹57.1 Cr.

Borrowings ₹779 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹597₹381 -36.2% below
Net profit₹10.5₹21.4 +103.8% above
📊 Investor presentation (13 Aug) Detailed financials →

Sudarshan Colorants India Limited

SUDARCOLOR · Dyes & Pigments · Q4 FY26 · Standalone
M Cap
₹823 Cr
P/E
—
PEG
—
  • Operating margin contracted 629 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -4.1%+19.9% 211176220
Operating profit -77.8%-63.6% 4.011.018.0
OPM % -629 bps-435 bps 1.9%6.2%8.2%
Other income —from loss 17.0-9.01.0
Net profit +18.2%from loss 13.0-2.011.0
PAT margin % +116 bps+730 bps 6.2%-1.1%5.0%
EPS (₹) +23.6%from loss 5.70-0.874.61

Quality of profit

Pre-tax profit ₹16.0 Cr: core business −₹2.0 Cr, other income ₹17.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: to loss · reported profit +18.2%

Detailed financials →

Kilitch Drugs (India) Limited

KILITCH · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹823 Cr
P/E
28.2
PEG
0.63
  • Profit -21% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +46.3%+66.5% 89.653.861.2
Operating profit +51.7%+259.9% 22.16.214.6
OPM % +87 bps+1328 bps 24.7%11.4%23.8%
Other income -71.1%-67.9% 0.51.51.7
Net profit? +45.6%+244.8% 14.94.310.2
PAT margin % -8 bps+859 bps 16.6%8.0%16.7%
EPS (₹) +31.1%+239.2% 4.24adj. 1.25adj. 3.23

EPS restated for the 1:1 bonus of Mar 2026: Dec 2025 ₹2.50 to ₹1.25; Mar 2025 ₹6.47 to ₹3.23.

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹20.2 Cr: core business ₹19.7 Cr, other income ₹0.5 Cr.

Core profit YoY: +62.4% · reported profit +45.6%

Cash & debt

FY26 cash from operations ₹24.0 Cr: 81% of FY26 net profit of ₹29.5 Cr.

Borrowings ₹89.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹71.0₹89.6 +26.1% above
Net profit₹19.0₹14.9 -21.5% below
Detailed financials →

IFB Agro Industries Limited

IFBAGRO · Breweries & Distilleries · Q4 FY26 · Consolidated
M Cap
₹819 Cr
P/E
13.7
PEG
2.75
  • Profit +638% above its own trend
  • Operating margin expanded 241 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +58.5%+7.7% 368342232
Operating profit +159.1%+25.2% 22.818.28.8
OPM % +241 bps+87 bps 6.2%5.3%3.8%
Other income -31.4%-12.6% 3.84.35.5
Net profit? —+27.4% 9.37.30.6
PAT margin % +226 bps+39 bps 2.5%2.1%0.3%
EPS (₹) —+27.5% 9.937.790.67

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹13.9 Cr: core business ₹10.1 Cr, other income ₹3.8 Cr.

Core profit YoY: +169.1%

Cash & debt

FY26 cash from operations ₹93.0 Cr: 165% of FY26 net profit of ₹56.5 Cr.

Borrowings ₹75.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹216₹368 +70.4% above
Net profit₹1.3₹9.3 +638.1% above
Detailed financials →

Oricon Enterprises Limited

ORICONENT · Packaging · Q4 FY26 · Consolidated
M Cap
₹818 Cr
P/E
30.6
PEG
3.40
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -68.0%-13.8% 15.217.747.5
Operating profit loss widenedloss widened -26.2-7.3-7.8
Other income +52.0%-23.3% 18.223.812.0
Net profit? loss widenedto loss -4.28.8-0.0
PAT margin % -2752 bps-7753 bps -27.5%50.0%-0.0%
EPS (₹) —to loss -0.270.560.00

Quality of profit

Pre-tax profit −₹8.7 Cr: core business −₹27.0 Cr, other income ₹18.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹2.0 Cr: -8% of FY26 net profit of ₹23.6 Cr.

Borrowings ₹3.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹23.8₹15.2 -35.9% below
Detailed financials →

Viviana Power Tech Limited

VIVIANA · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹815 Cr
P/E
12.8
PEG
0.08
  • Profit +47% above its own trend
  • Operating margin contracted 147 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +157.9%+274.1% 441118171
Operating profit +132.0%+314.1% 58.014.025.0
OPM % -147 bps+127 bps 13.2%11.9%14.6%
Other income +300.0%+384.4% 4.00.81.0
Net profit? +193.3%+456.5% 44.07.915.0
PAT margin % +121 bps+327 bps 10.0%6.7%8.8%
EPS (₹) +183.0%+472.4% 43.277.5615.29

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹57.0 Cr: core business ₹53.0 Cr, other income ₹4.0 Cr.

Core profit YoY: +130.4% · reported profit +193.3%

Cash & debt

FY26 cash from operations −₹4.0 Cr: -7% of FY26 net profit of ₹60.8 Cr.

Borrowings ₹100 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹342₹441 +28.9% above
Net profit₹30.0₹44.0 +46.7% above
📊 Investor presentation (06 Aug) Detailed financials →

ZUARI INDUSTRIES LIMITED

ZUARIIND · Sugar · Q4 FY26 · Consolidated
M Cap
₹815 Cr
P/E
7.7
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +4.4%+8.0% 284263272
Operating profit +7.1%from loss 30.0-8.028.0
OPM % +27 bps+1361 bps 10.6%-3.0%10.3%
Other income -20.0%-57.4% 20.047.025.0
Net profit? loss widenedloss widened -32.0-26.0-21.0
PAT margin % -355 bps-138 bps -11.3%-9.9%-7.7%
EPS (₹) loss widenedloss widened -10.41-8.69-6.95

Quality of profit

Pre-tax profit −₹20.0 Cr: core business −₹40.0 Cr, other income ₹20.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹144 Cr: 136% of FY26 net profit of ₹106 Cr.

Borrowings ₹2,598 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹293₹284 -3.2% in line
📊 Investor presentation (14 Aug) Detailed financials →

A B Infrabuild Limited

ABINFRA · Construction & Infrastructure · Q4 FY26 · Standalone
M Cap
₹815 Cr
P/E
41.7
PEG
0.87
  • Profit -56% below its own trend
  • Operating margin contracted 307 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.0%+12.8% 83.974.471.8
Operating profit -3.6%+10.9% 12.110.912.6
OPM % -307 bps-25 bps 14.4%14.7%17.5%
Other income +162.1%-15.6% 0.80.90.3
Net profit -11.3%-2.5% 6.06.16.7
PAT margin % -227 bps-111 bps 7.1%8.2%9.4%
EPS (₹) -18.2%-10.0% 0.090.100.11

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹8.2 Cr: core business ₹7.4 Cr, other income ₹0.8 Cr.

Core profit YoY: -15.4% · reported profit -11.3%

Cash & debt

FY26 cash from operations −₹51.0 Cr: -264% of FY26 net profit of ₹19.3 Cr.

Borrowings ₹88.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹144₹83.9 -41.5% below
Net profit₹13.5₹6.0 -55.6% below
Detailed financials →

Anuh Pharma Limited

ANUHPHR · Pharmaceuticals · Q4 FY26 · Standalone
M Cap
₹815 Cr
P/E
18.3
PEG
2.29
  • Profit +25% above its own trend
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +2.0%+2.5% 202197198
Operating profit +5.3%+5.3% 20.019.019.0
OPM % +31 bps+26 bps 9.9%9.6%9.6%
Other income to lossto loss -1.02.01.0
Net profit +0.0%-7.7% 12.013.012.0
PAT margin % -12 bps-66 bps 5.9%6.6%6.1%
EPS (₹) -5.6%-12.7% 1.171.341.24

Quality of profit

Pre-tax profit ₹16.0 Cr: core business ₹17.0 Cr, other income −₹1.0 Cr.

Core profit YoY: +6.2% · reported profit +0.0%

Cash & debt

FY26 cash from operations −₹3.0 Cr: -7% of FY26 net profit of ₹41.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹241₹202 -16.3% below
Net profit₹9.6₹12.0 +25.0% above
📊 Investor presentation (19 Aug) Detailed financials →

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.

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