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, 09:22 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 60 of 171

B&B Triplewall Containers Limited

BBTCL · Paper · Q4 FY26 · Consolidated
M Cap
₹441 Cr
P/E
22.4
PEG
4.48
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 626 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.7%+4.4% 162155142
Operating profit +78.9%+25.6% 28.322.515.8
OPM % +626 bps+294 bps 17.4%14.5%11.2%
Other income +25.8%+85.5% 0.40.20.3
Net profit? from loss+89.3% 8.94.7-2.0
PAT margin % +688 bps+246 bps 5.5%3.0%-1.4%
EPS (₹) from loss-54.0% 4.439.64-0.89

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹11.5 Cr: core business ₹11.1 Cr, other income ₹0.4 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹30.0 Cr: 152% of FY26 net profit of ₹19.7 Cr.

Borrowings ₹235 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹175₹162 -7.3% below
Detailed financials →

R K Swamy Limited

RKSWAMY · Advertising & Media Agencies · Q4 FY26 · Consolidated
M Cap
₹441 Cr
P/E
19.4
PEG
—
  • Profit +44% above its own trend
  • Operating margin expanded 231 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +20.8%+13.8% 10188.783.5
Operating profit +35.3%+125.7% 21.89.716.1
OPM % +231 bps+1072 bps 21.6%10.9%19.3%
Other income -6.9%+51.9% 3.42.23.6
Net profit? +29.3%+479.8% 15.92.812.3
PAT margin % +104 bps+1270 bps 15.8%3.1%14.8%
EPS (₹) +29.5%+485.2% 3.160.542.44

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹19.3 Cr: core business ₹16.0 Cr, other income ₹3.4 Cr.

Core profit YoY: +37.5% · reported profit +29.3%

Cash & debt

FY26 cash from operations ₹38.0 Cr: 172% of FY26 net profit of ₹22.1 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹94.2₹101 +7.0% above
Net profit₹11.1₹15.9 +44.2% above
📊 Investor presentation (12 Aug) Detailed financials →

Rays of Belief Limited

MOMSBELIEF · Hospitals & Healthcare Services · Q4 FY26 · Consolidated
M Cap
₹441 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 25.0
Operating profit 4.8
OPM % 19.1%
Other income 0.1
Net profit? 2.4
PAT margin % 9.6%
EPS (₹) 1.53

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

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹3.4 Cr: core business ₹3.3 Cr, other income ₹0.1 Cr.

Detailed financials →

Advani Hotels & Resorts (India) Limited

ADVANIHOTR · Hotels & Resorts · Q4 FY26 · Standalone
M Cap
₹441 Cr
P/E
19.0
PEG
—
  • Profit +21% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +5.9%-0.3% 36.036.134.0
Operating profit +6.7%+8.5% 16.014.715.0
OPM % +33 bps+358 bps 44.4%40.9%44.1%
Other income +0.0%+21.3% 1.00.81.0
Net profit +9.1%+11.3% 12.010.811.0
PAT margin % +98 bps+347 bps 33.3%29.9%32.4%
EPS (₹) +2.4%+8.5% 1.271.171.24

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹15.0 Cr: core business ₹15.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +7.1% · reported profit +9.1%

Cash & debt

FY26 cash from operations ₹23.0 Cr: 97% of FY26 net profit of ₹23.8 Cr.

Borrowings ₹3.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹32.9₹36.0 +9.5% above
Net profit₹9.9₹12.0 +20.6% above
Detailed financials →

Nila Spaces Limited

NILASPACES · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹440 Cr
P/E
13.9
PEG
0.13
  • 32% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +491%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +25.3%-4.6% 49.852.239.8
Operating profit +439.1%+202.9% 54.618.010.1
Other income +465.5%+262.2% 12.03.32.1
Net profit? +100.4%+14.9% 9.48.24.7
PAT margin % +708 bps+321 bps 18.9%15.7%11.8%
EPS (₹) +91.7%+15.0% 0.230.200.12

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹36.9 Cr: core business ₹24.9 Cr, other income ₹12.0 Cr.

Core profit YoY: +490.8% · reported profit +100.4%

Cash & debt

FY26 cash from operations −₹29.0 Cr: -101% of FY26 net profit of ₹28.8 Cr.

Borrowings ₹79.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹52.4₹49.8 -4.9% in line
Net profit₹9.4₹9.4 +0.2% in line
Detailed financials →

Manomay Tex India Limited

MANOMAY · Textiles · Q4 FY26 · Standalone
M Cap
₹434 Cr
P/E
21.5
PEG
1.44
  • Profit +77% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +13.9%+15.5% 204177179
Operating profit +20.2%+12.1% 21.919.618.2
OPM % +56 bps-33 bps 10.7%11.1%10.2%
Other income +38.5%+242.3% 0.90.30.6
Net profit +50.2%+8.0% 5.04.63.3
PAT margin % +59 bps-17 bps 2.5%2.6%1.9%
EPS (₹) +50.5%+7.8% 2.772.571.84

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹6.5 Cr: core business ₹5.6 Cr, other income ₹0.9 Cr.

Core profit YoY: +42.7% · reported profit +50.2%

Cash & debt

FY26 cash from operations ₹26.0 Cr: 132% of FY26 net profit of ₹19.6 Cr.

Borrowings ₹348 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹172₹204 +18.6% above
Net profit₹2.8₹5.0 +77.5% above
Detailed financials →

Gujarat Apollo Industries Limited

GUJAPOLLO · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹433 Cr
P/E
88.0
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 3364 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 -24.3%-20.6% 12.816.217.0
Operating profit loss narrowedloss narrowed -2.2-3.9-8.6
OPM % +3364 bps+745 bps -16.8%-24.3%-50.5%
Other income -8.0%-21.2% 5.36.75.7
Net profit? from loss+730.3% 1.80.2-9.5
PAT margin % +7045 bps+1289 bps 14.3%1.4%-56.2%
EPS (₹) from loss+176.5% 1.410.51-7.42

Quality of profit

Pre-tax profit ₹1.3 Cr: core business −₹4.0 Cr, other income ₹5.3 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹38.8 Cr: -761% of FY26 net profit of ₹5.1 Cr.

Borrowings ₹40.9 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹22.2₹12.8 -42.1% below
Detailed financials →

Akiko Global Services Limited

AKIKO · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹432 Cr
P/E
19.3
PEG
—
  • Operating margin contracted 310 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +48.1%+14.3% 57.750.539.0
Operating profit +20.7%-2.6% 7.98.16.5
OPM % -310 bps-236 bps 13.7%16.0%16.8%
Other income +50.0%-33.3% 0.10.10.0
Net profit? +30.5%-3.3% 5.55.74.2
PAT margin % -129 bps-174 bps 9.6%11.3%10.9%
EPS (₹) +2.8%-14.7% 3.674.303.57

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹6.9 Cr: core business ₹6.9 Cr, other income ₹0.1 Cr.

Core profit YoY: +18.2% · reported profit +30.5%

Cash & debt

FY26 cash from operations −₹6.0 Cr: -34% of FY26 net profit of ₹17.4 Cr.

Borrowings ₹15.0 Cr at Mar 2026.

📊 Investor presentation (30 Jul) Detailed financials →

Veegaland Developers Limited

VEEGALAND · Real Estate · Q4 FY26 · Standalone
M Cap
₹429 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 70.3
Operating profit 12.8
OPM % 18.2%
Other income 1.6
Net profit 9.2
PAT margin % 13.1%
EPS (₹) 2.72

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

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹12.6 Cr: core business ₹11.0 Cr, other income ₹1.6 Cr.

📊 Investor presentation (06 Oct) Detailed financials →

Donear Industries Limited

DONEAR · Textiles · Q4 FY26 · Consolidated
M Cap
₹428 Cr
P/E
9.3
PEG
—
  • Profit +194% above its own trend
  • Operating margin contracted 176 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • FY26 operating cash flow was only 37% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -7.3%-0.5% 239240258
Operating profit -38.8%-70.9% 8.228.013.3
OPM % -176 bps-824 bps 3.4%11.6%5.2%
Other income +222.6%+252.3% 9.42.72.9
Net profit? +219.4%-69.9% 5.117.11.6
PAT margin % +153 bps-497 bps 2.2%7.1%0.6%
EPS (₹) +219.4%-69.9% 0.993.290.31

Quality of profit

Pre-tax profit ₹7.3 Cr: core business −₹2.1 Cr, other income ₹9.4 Cr.

Core profit YoY: to loss · reported profit +219.4%

Cash & debt

FY26 cash from operations ₹16.0 Cr: 37% of FY26 net profit of ₹43.4 Cr.

Borrowings ₹427 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹264₹239 -9.5% below
Net profit₹1.8₹5.1 +193.6% above
Detailed financials →

Vishal Fabrics

VISHAL · Textiles · Q4 FY26 · Consolidated
M Cap
₹427 Cr
P/E
11.1
PEG
—
  • Profit -30% below its own trend
  • FY26 operating cash flow was only 8% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -11.1%-17.8% 348424391
Operating profit -7.9%-11.1% 25.829.028.0
OPM % +25 bps+56 bps 7.4%6.8%7.2%
Other income -49.4%+0.7% 0.50.50.9
Net profit? +21.6%+12.7% 8.97.97.3
PAT margin % +69 bps+69 bps 2.6%1.9%1.9%
EPS (₹) +2.7%+18.8% 0.380.320.37

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹10.0 Cr: core business ₹9.5 Cr, other income ₹0.5 Cr.

Core profit YoY: -0.2% · reported profit +21.6%

Cash & debt

FY26 cash from operations ₹3.0 Cr: 8% of FY26 net profit of ₹38.6 Cr.

Borrowings ₹225 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹441₹348 -21.0% below
Net profit₹12.7₹8.9 -29.7% below
Detailed financials →

Oswal Agro Mills Limited

OSWALAGRO · Trading & Distribution · Q4 FY26 · Consolidated
M Cap
₹426 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -136% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -100.0%— 0.00.098.5
Operating profit to loss— -4.0-4.081.1
Other income to lossto loss -1.05.03.8
Net profit? to lossto loss -46.04.063.1
EPS (₹) to lossto loss -3.400.324.70

Quality of profit

Pre-tax profit −₹6.0 Cr: core business −₹4.0 Cr, other income −₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹51.0 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹197₹0.0 -100.0% below
Net profit₹126−₹46.0 -136.4% below
Detailed financials →

Entertainment Network (India) Limited

ENIL · Media & Entertainment · Q4 FY26 · Consolidated
M Cap
₹424 Cr
P/E
—
PEG
—
  • Operating margin contracted 1112 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -10.2%-13.8% 142165158
Operating profit -63.8%-30.6% 10.715.329.4
OPM % -1112 bps-181 bps 7.5%9.3%18.6%
Other income -16.1%+46.5% 9.86.711.6
Net profit? -32.0%from loss 8.3-6.312.2
PAT margin % -187 bps+964 bps 5.8%-3.8%7.7%
EPS (₹) -32.2%from loss 1.73-1.322.55

Quality of profit

Pre-tax profit −₹4.8 Cr: core business −₹14.5 Cr, other income ₹9.8 Cr.

Core profit YoY: to loss · reported profit -32.0%

Cash & debt

FY26 cash from operations ₹86.0 Cr.

Borrowings ₹171 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹165₹142 -14.0% below
📊 Investor presentation (06 Aug) Detailed financials →

Modi Naturals Limited

MODINATUR · Agricultural Products · Q4 FY26 · Consolidated
M Cap
₹421 Cr
P/E
8.0
PEG
—
  • Profit +74% above its own trend
  • Operating margin expanded 140 bps YoY
  • Profit grew faster than the core business (core profit +91%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +28.0%+39.6% 243174190
Operating profit +49.0%+49.6% 24.016.016.1
OPM % +140 bps+66 bps 9.9%9.2%8.5%
Other income —— 5.00.00.1
Net profit? +145.1%+99.1% 20.010.08.2
PAT margin % +393 bps+246 bps 8.2%5.8%4.3%
EPS (₹) +144.3%+95.5% 14.787.566.05

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹26.0 Cr: core business ₹21.0 Cr, other income ₹5.0 Cr.

Core profit YoY: +91.0% · reported profit +145.1%

Against its own trend ?

TrendActualGap
Sales₹250₹243 -2.8% in line
Net profit₹11.5₹20.0 +74.3% above
📊 Investor presentation (17 Aug) Detailed financials →

A B Cotspin India Limited

ABCOTS · Textiles · Q4 FY26 · Consolidated
M Cap
₹420 Cr
P/E
30.1
PEG
0.34
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +22.5%+34.9% 10477.285.1
Operating profit +21.1%-5.0% 8.99.47.4
OPM % -10 bps-361 bps 8.6%12.2%8.7%
Other income -59.9%-66.1% 0.72.01.7
Net profit? -7.3%-40.1% 2.03.32.1
PAT margin % -60 bps-236 bps 1.9%4.2%2.5%
EPS (₹) -55.3%-42.2% 0.891.541.99

Quality of profit

Core 75%Other income & one-offs 25%

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

Core profit YoY: +9.0% · reported profit -7.3%

Cash & debt

FY26 cash from operations ₹34.0 Cr: 261% of FY26 net profit of ₹13.0 Cr.

Borrowings ₹147 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹86.6₹104 +20.4% above
Net profit₹2.1₹2.0 -8.0% in line
Detailed financials →

Aarti Surfactants Limited

AARTISURF · Chemicals · Q4 FY26 · Consolidated
M Cap
₹416 Cr
P/E
22.6
PEG
—
  • Profit -75% below its own trend
  • Operating margin contracted 459 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +26.8%+23.3% 256208202
Operating profit -32.9%+4.0% 13.212.719.7
OPM % -459 bps-96 bps 5.2%6.1%9.7%
Other income -83.3%+368.0% 0.20.01.1
Net profit? -56.9%+14.6% 4.23.79.7
PAT margin % -318 bps-12 bps 1.6%1.8%4.8%
EPS (₹) -56.9%+14.6% 4.954.3211.49

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹5.9 Cr: core business ₹5.7 Cr, other income ₹0.2 Cr.

Core profit YoY: -52.7% · reported profit -56.9%

Cash & debt

FY26 cash from operations ₹77.0 Cr: 623% of FY26 net profit of ₹12.4 Cr.

Borrowings ₹104 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹258₹256 -0.5% in line
Net profit₹16.6₹4.2 -74.8% below
Detailed financials →

United Drilling Tools Limited

UNIDT · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹413 Cr
P/E
20.3
PEG
0.88
  • Core business grew faster than reported profit (core profit +122%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +39.2%-14.3% 43.350.531.1
Operating profit +47.2%-17.3% 7.59.05.1
OPM % +93 bps-63 bps 17.2%17.8%16.3%
Other income -5.4%+99.2% 1.20.61.3
Net profit? +23.1%-12.4% 4.85.53.9
PAT margin % -144 bps+23 bps 11.1%10.8%12.5%
EPS (₹) +24.2%-12.3% 2.362.691.90

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹7.0 Cr: core business ₹5.8 Cr, other income ₹1.2 Cr.

Core profit YoY: +122.2% · reported profit +23.1%

Cash & debt

FY26 cash from operations ₹39.0 Cr: 206% of FY26 net profit of ₹19.0 Cr.

Borrowings ₹4.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹29.0₹43.3 +49.2% above
Net profit₹5.1₹4.8 -6.7% in line
Detailed financials →

Jinkushal Industries Limited

JKIPL · Auto Dealers · Q4 FY26 · Consolidated
M Cap
₹412 Cr
P/E
18.3
PEG
—
  • Operating margin expanded 257 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +146.0%+111.5% 19290.878.0
Operating profit +294.9%+129.4% 13.15.73.3
OPM % +257 bps+53 bps 6.8%6.3%4.3%
Other income +464.3%-22.6% 0.81.00.1
Net profit? —+180.1% 11.74.21.0
PAT margin % +478 bps+149 bps 6.1%4.6%1.3%
EPS (₹) -96.4%+143.1% 2.651.0973.38

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹12.3 Cr: core business ₹11.6 Cr, other income ₹0.8 Cr.

Core profit YoY: +517.6%

📊 Investor presentation (18 Aug) Detailed financials →

Thomas Scott (India) Limited

THOMASCOTT · Textiles · Q4 FY26 · Standalone
M Cap
₹407 Cr
P/E
19.3
PEG
0.21
  • Profit -13% below its own trend
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +63.4%+17.4% 77.866.247.6
Operating profit +66.7%+40.9% 11.07.86.6
OPM % +28 bps+236 bps 14.2%11.8%13.9%
Other income to lossloss widened -1.0-0.10.0
Net profit +44.6%+21.1% 6.05.04.2
PAT margin % -100 bps+23 bps 7.7%7.5%8.7%
EPS (₹) -17.7%+20.9% 4.103.394.98

Quality of profit

Pre-tax profit ₹8.2 Cr: core business ₹9.2 Cr, other income −₹1.0 Cr.

Core profit YoY: +63.0% · reported profit +44.6%

Cash & debt

FY26 cash from operations −₹27.0 Cr: -141% of FY26 net profit of ₹19.2 Cr.

Borrowings ₹46.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹78.8₹77.8 -1.3% in line
Net profit₹6.9₹6.0 -12.9% below
📊 Investor presentation (17 Aug) Detailed financials →

Medicamen Biotech Limited

MEDICAMEQ · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹405 Cr
P/E
1.1
PEG
—
  • Profit -66% below its own trend
  • Operating margin contracted 5939 bps YoY
  • 34% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -67%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +104.8%-98.7% 60.64,69129.6
Operating profit -73.2%-98.8% 5.443820.2
OPM % -5939 bps-37 bps 9.0%9.3%68.3%
Other income +254.2%-96.7% 1.753.50.5
Net profit? -32.1%-97.3% 4.51636.6
PAT margin % -1480 bps+385 bps 7.3%3.5%22.1%
EPS (₹) +50.0%+77.0% 2.851.611.90

Quality of profit

Core 66%Other income & one-offs 34%

Pre-tax profit ₹5.1 Cr: core business ₹3.3 Cr, other income ₹1.7 Cr.

Core profit YoY: -66.8% · reported profit -32.1%

Cash & debt

FY26 cash from operations −₹33.0 Cr: -9% of FY26 net profit of ₹381 Cr.

Borrowings ₹48.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹59.2₹60.6 +2.4% in line
Net profit₹13.1₹4.5 -66.0% below
Detailed financials →

HLV LIMITED

HLVLTD · Hotels & Resorts · Q4 FY26 · Standalone
M Cap
₹405 Cr
P/E
—
PEG
—
  • Operating margin contracted 495 bps YoY
  • 49% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -45%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +7.1%+4.2% 63.560.959.3
Operating profit -17.3%-7.9% 10.711.612.9
OPM % -495 bps-220 bps 16.8%19.0%21.7%
Other income +56.5%+362.6% 4.20.92.7
Net profit -19.9%+25.2% 8.66.910.7
PAT margin % -457 bps+227 bps 13.6%11.3%18.1%
EPS (₹) -18.8%+30.0% 0.130.100.16

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹8.6 Cr: core business ₹4.4 Cr, other income ₹4.2 Cr.

Core profit YoY: -45.5% · reported profit -19.9%

Cash & debt

FY26 cash from operations ₹36.0 Cr: 1731% of FY26 net profit of ₹2.1 Cr.

Borrowings ₹35.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹57.5₹63.5 +10.4% above
Net profit₹9.2₹8.6 -6.2% in line
Detailed financials →

Dev Accelerator Limited

DEVX · Commercial & Business Services · Q4 FY26 · Consolidated
M Cap
₹401 Cr
P/E
39.3
PEG
—
  • Operating margin expanded 693 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -9.4%+0.1% 59.359.265.4
Operating profit +3.7%+35.6% 32.523.931.3
OPM % +693 bps+1436 bps 54.8%40.4%47.9%
Other income +0.0%+93.5% 2.91.52.9
Net profit? +275.5%from loss 8.0-1.02.1
PAT margin % +1019 bps+1514 bps 13.4%-1.7%3.2%
EPS (₹) +183.9%from loss 0.88-0.150.31

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹10.5 Cr: core business ₹7.6 Cr, other income ₹2.9 Cr.

Core profit YoY: from loss · reported profit +275.5%

📊 Investor presentation (13 Aug) Detailed financials →

Lancer Containe.

LANCER · Logistics · Q4 FY26 · Consolidated
M Cap
₹401 Cr
P/E
70.0
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2113 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +18.1%+155.5% 13954.4118
Operating profit loss narrowedloss widened -9.0-1.7-32.5
OPM % +2113 bps-327 bps -6.5%-3.2%-27.6%
Other income +384.0%+265.7% 18.04.93.7
Net profit? from lossfrom loss 11.0-7.4-32.4
PAT margin % +3547 bps+2157 bps 7.9%-13.7%-27.6%
EPS (₹) from lossfrom loss 0.31-0.30-1.35

Quality of profit

Pre-tax profit ₹11.0 Cr: core business −₹6.0 Cr, other income ₹18.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹9.0 Cr: 157% of FY26 net profit of ₹5.7 Cr.

Borrowings ₹29.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹63.8₹139 +117.8% above
Detailed financials →

NDL Ventures Limited

NDLVENTURE · Media & Entertainment · Q4 FY26 · Standalone
M Cap
₹400 Cr
P/E
444.8
PEG
8.90
  • Profit -20% below 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 —— 0.00.00.0
Operating profit loss widenedloss widened -1.1-0.9-0.9
Other income +11.4%+0.8% 1.31.31.1
Net profit +7.1%-34.8% 0.10.20.1
EPS (₹) +0.0%-42.9% 0.040.070.04

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹1.1 Cr, other income ₹1.3 Cr.

Core profit YoY: loss widened · reported profit +7.1%

Cash & debt

FY26 cash from operations −₹4.7 Cr: -520% of FY26 net profit of ₹0.9 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Net profit₹0.2₹0.1 -19.6% below
Detailed financials →

Cords Cable Industries Limited

CORDSCABLE · Cables & Wires · Q4 FY26 · Standalone
M Cap
₹398 Cr
P/E
16.2
PEG
0.39
  • Profit +36% above its own trend
  • 25% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +58%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.4%+13.3% 267236233
Operating profit +9.2%+10.1% 16.114.614.7
OPM % -29 bps-18 bps 6.0%6.2%6.3%
Other income +280.4%+197.0% 2.80.90.7
Net profit +84.4%+68.4% 8.34.94.5
PAT margin % +118 bps+102 bps 3.1%2.1%1.9%
EPS (₹) +88.2%+69.3% 6.403.783.40

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹11.1 Cr: core business ₹8.2 Cr, other income ₹2.8 Cr.

Core profit YoY: +58.1% · reported profit +84.4%

Cash & debt

FY26 cash from operations ₹43.0 Cr: 208% of FY26 net profit of ₹20.6 Cr.

Borrowings ₹103 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹296₹267 -9.7% below
Net profit₹6.1₹8.3 +36.3% above
Detailed financials →

Cybertech Systems And Software Limited

CYBERTECH · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹396 Cr
P/E
12.5
PEG
1.04
  • Profit -29% below its own trend
  • Operating margin contracted 355 bps YoY
  • 51% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 39% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +1.4%+7.8% 62.357.861.5
Operating profit -26.9%+64.1% 5.73.57.8
OPM % -355 bps+314 bps 9.2%6.0%12.7%
Other income -8.5%-18.6% 4.96.05.3
Net profit? -26.3%+8.2% 7.16.59.6
PAT margin % -427 bps+4 bps 11.3%11.3%15.6%
EPS (₹) -26.3%+8.1% 2.272.103.08

Quality of profit

Core 49%Other income & one-offs 51%

Pre-tax profit ₹9.5 Cr: core business ₹4.7 Cr, other income ₹4.9 Cr.

Core profit YoY: -30.3% · reported profit -26.3%

Cash & debt

FY26 cash from operations ₹12.0 Cr: 39% of FY26 net profit of ₹30.4 Cr.

Borrowings ₹8.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹62.1₹62.3 +0.4% in line
Net profit₹10.0₹7.1 -29.1% below
Detailed financials →

Lords Chloro Alkali Limited

LORDSCHLO · Chemicals · Q4 FY26 · Standalone
M Cap
₹394 Cr
P/E
12.0
PEG
—
  • Profit -16% below its own trend
  • Operating margin expanded 145 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +22.4%+3.9% 97.694.079.8
Operating profit +36.6%+26.9% 13.610.710.0
OPM % +145 bps+253 bps 13.9%11.4%12.5%
Other income -15.4%-31.4% 0.10.20.1
Net profit +68.8%-4.8% 4.44.62.6
PAT margin % +124 bps-41 bps 4.5%4.9%3.3%
EPS (₹) +48.5%-16.4% 1.531.831.03

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹6.3 Cr: core business ₹6.2 Cr, other income ₹0.1 Cr.

Core profit YoY: +79.7% · reported profit +68.8%

Cash & debt

FY26 cash from operations ₹27.0 Cr: 95% of FY26 net profit of ₹28.5 Cr.

Borrowings ₹174 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹119₹97.6 -18.2% below
Net profit₹5.2₹4.4 -15.6% below
📊 Investor presentation (27 Jul) Detailed financials →

Vraj Iron and Steel Limited

VRAJ · Iron & Steel · Q4 FY26 · Consolidated
M Cap
₹394 Cr
P/E
12.1
PEG
—
  • Profit +157% above its own trend
  • Operating margin expanded 401 bps YoY
  • Profit grew faster than the core business (core profit +37%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.1%+16.1% 170146153
Operating profit +52.8%+382.9% 25.05.216.4
OPM % +401 bps+1117 bps 14.7%3.5%10.7%
Other income +237.3%+74.1% 4.02.31.2
Net profit? +59.8%— 16.01.110.0
PAT margin % +287 bps+866 bps 9.4%0.7%6.5%
EPS (₹) +45.7%— 4.720.333.24

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹21.0 Cr: core business ₹17.0 Cr, other income ₹4.0 Cr.

Core profit YoY: +37.5% · reported profit +59.8%

Cash & debt

FY26 cash from operations ₹31.0 Cr: 96% of FY26 net profit of ₹32.4 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹192₹170 -11.4% below
Net profit₹6.2₹16.0 +157.4% above
Detailed financials →

Sheetal Universal Limited

SHEETAL · Packaged Foods & Food Processing · H2 FY26 · Consolidated
M Cap
₹394 Cr
P/E
34.1
PEG
0.44
  • Profit -38% below its own trend
  • Operating margin contracted 2203 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +172.3%+166.2% 12848.147.0
Operating profit -1.4%+255.0% 16.04.516.2
OPM % -2203 bps+313 bps 12.5%9.4%34.5%
Other income —-100.0% 0.00.20.0
Net profit? +25.0%+556.2% 10.01.58.0
PAT margin % -921 bps+464 bps 7.8%3.2%17.0%
EPS (₹) +25.1%+554.9% 8.711.336.96

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹13.0 Cr: core business ₹13.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -0.5% · reported profit +25.0%

Cash & debt

FY26 cash from operations −₹13.0 Cr.

Borrowings ₹38.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹34.1₹128 +275.6% above
Net profit₹16.0₹10.0 -37.5% below
Detailed financials →

Nahar Capital and Financial Services Limited

NAHARCAP · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹393 Cr
P/E
6.1
PEG
—
  • Profit -57% below its own trend
  • Operating margin expanded 1667 bps YoY
  • 81% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +300%)
  • FY26 operating cash flow was only 18% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +166.7%+60.0% 8.05.03.0
Operating profit +300.0%+100.0% 4.02.01.0
OPM % +1667 bps+1000 bps 50.0%40.0%33.3%
Other income +0.0%+38.5% 18.013.018.0
Net profit? -14.3%+38.5% 18.013.021.0
EPS (₹) -14.3%+39.1% 10.867.8112.67

Quality of profit

Core 19%Other income & one-offs 81%

Pre-tax profit ₹21.0 Cr: core business ₹4.0 Cr, other income ₹18.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +300.0% · reported profit -14.3%

Cash & debt

FY26 cash from operations ₹11.0 Cr: 18% of FY26 net profit of ₹62.0 Cr.

Borrowings ₹10.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2.5₹8.0 +215.5% above
Net profit₹42.0₹18.0 -57.1% below
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