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, 10:39 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 63 of 171

Akme Fintrade (India) Limited

AFIL · NBFC & Finance Companies · Q4 FY26 · Standalone
M Cap
₹342 Cr
P/E
7.8
PEG
0.18
  • Profit +27% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +48.3%+7.5% 43.040.029.0
Net interest income +50.0%+12.5% 27.024.018.0
Other income —— 0.00.00.0
Net profit +50.0%+20.0% 12.010.08.0
EPS (₹) +61.1%+20.8% 0.290.240.18

Against its own trend ?

TrendActualGap
NII₹25.9₹27.0 +4.3% in line
Net profit₹9.4₹12.0 +27.1% above
Detailed financials →

Cineline India Limited

CINELINE · Media & Entertainment · Q4 FY26 · Standalone
M Cap
₹342 Cr
P/E
27.6
PEG
9.21
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 654 bps YoY
  • 37% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +13.1%-7.4% 62.267.255.0
Operating profit +60.6%-19.8% 13.817.28.6
OPM % +654 bps-342 bps 22.1%25.5%15.6%
Other income +9.9%-48.0% 1.32.51.2
Net profit from loss-46.5% 3.36.2-56.0
PAT margin % —-390 bps 5.3%9.2%—
EPS (₹) from loss-46.4% 0.971.81-16.34

Quality of profit

Core 63%Other income & one-offs 37%

Pre-tax profit ₹3.5 Cr: core business ₹2.2 Cr, other income ₹1.3 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹38.0 Cr: 194% of FY26 net profit of ₹19.6 Cr.

Borrowings ₹121 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹60.7₹62.2 +2.4% in line
📊 Investor presentation (27 Jul) Detailed financials →

PPAP Automotive Limited

PPAP · Auto Components · Q4 FY26 · Consolidated
M Cap
₹341 Cr
P/E
7.3
PEG
0.23
  • 94% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹49.8 Cr in the quarter
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +18.6%+25.7% 175139147
Operating profit +12.9%+35.1% 16.912.515.0
OPM % -49 bps+67 bps 9.7%9.0%10.2%
Other income +125.7%+16.4% 0.50.40.2
Net profit? —— 45.40.12.4
PAT margin % +2439 bps+2598 bps 26.0%0.0%1.6%
EPS (₹) —— 32.200.051.14

Quality of profit

Core 6%Other income & one-offs 94%

Pre-tax profit ₹53.3 Cr: core business ₹3.0 Cr, other income ₹0.5 Cr, exceptional & other items ₹49.8 Cr.

Core profit YoY: +42.0%

Cash & debt

FY26 cash from operations ₹33.0 Cr: 76% of FY26 net profit of ₹43.2 Cr.

Borrowings ₹207 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹144₹175 +21.6% above
📊 Investor presentation (08 Aug) Detailed financials →

S&S Power Switchgears Limited

S&SPOWER · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹340 Cr
P/E
42.1
PEG
0.56
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 714 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.2%-17.7% 65.179.155.5
Operating profit —+5.2% 4.94.70.2
OPM % +714 bps+165 bps 7.6%5.9%0.4%
Other income to lossto loss -0.01.20.8
Net profit? from loss-45.9% 1.93.5-0.2
PAT margin % +323 bps-152 bps 2.9%4.4%-0.3%
EPS (₹) from loss-45.8% 1.542.84-0.14

Quality of profit

Pre-tax profit ₹1.9 Cr: core business ₹1.9 Cr, other income −₹0.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations −₹2.0 Cr: -20% of FY26 net profit of ₹10.1 Cr.

Borrowings ₹39.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹81.3₹65.1 -19.9% below
Detailed financials →

Vardhman Acrylics Limited

VARDHACRLC · Textiles · Q4 FY26 · Standalone
M Cap
₹340 Cr
P/E
8.2
PEG
—
  • Profit +967% above its own trend
  • Operating margin expanded 1190 bps YoY
  • 36% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 26% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +16.7%+10.5% 84.076.072.0
Operating profit —+42.9% 10.07.00.0
OPM % +1190 bps+269 bps 11.9%9.2%0.0%
Other income +33.3%+33.3% 4.03.03.0
Net profit +700.0%+128.6% 16.07.02.0
PAT margin % +1627 bps+984 bps 19.0%9.2%2.8%
EPS (₹) +708.3%+110.9% 1.940.920.24

Quality of profit

Core 64%Other income & one-offs 36%

Pre-tax profit ₹14.0 Cr: core business ₹9.0 Cr, other income ₹4.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: from loss · reported profit +700.0%

Cash & debt

FY26 cash from operations ₹7.0 Cr: 26% of FY26 net profit of ₹27.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹81.7₹84.0 +2.8% in line
Net profit₹1.5₹16.0 +966.7% above
Detailed financials →

Orient Paper & Industries Limited

ORIENTPPR · Paper · Q4 FY26 · Standalone
M Cap
₹339 Cr
P/E
—
PEG
—
  • Operating margin expanded 630 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +5.5%-2.1% 231236219
Operating profit from lossfrom loss 4.0-11.0-10.0
OPM % +630 bps+639 bps 1.7%-4.7%-4.6%
Other income +0.0%+50.0% 3.02.03.0
Net profit loss narrowedloss narrowed -11.0-21.0-18.0
PAT margin % +346 bps+414 bps -4.8%-8.9%-8.2%
EPS (₹) loss narrowedloss narrowed -0.52-1.00-0.85

Quality of profit

Pre-tax profit −₹14.0 Cr: core business −₹17.0 Cr, other income ₹3.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹27.0 Cr.

Borrowings ₹292 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹215₹231 +7.5% above
Detailed financials →

PAKKA LIMITED

PAKKA · Paper · Q4 FY26 · Consolidated
M Cap
₹339 Cr
P/E
24.4
PEG
12.18
  • Profit +92% above its own trend
  • Operating margin expanded 271 bps YoY
  • 77% of pre-tax profit came from other income and one-off items
  • Borrowings up 45% since Mar 2025
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +10.1%+5.0% 10196.692.2
Operating profit +58.1%-35.0% 9.113.95.7
OPM % +271 bps-551 bps 8.9%14.4%6.2%
Other income -5.0%+14.0% 3.63.23.8
Net profit? -3.8%-56.6% 3.17.13.2
PAT margin % -43 bps-430 bps 3.0%7.3%3.5%
EPS (₹) -4.2%-56.7% 0.681.570.71

Quality of profit

Core 23%Other income & one-offs 77%

Pre-tax profit ₹4.7 Cr: core business ₹1.1 Cr, other income ₹3.6 Cr.

Core profit YoY: from loss · reported profit -3.8%

Cash & debt

Borrowings ₹299 Cr at Sep 2025, against ₹206 Cr at Mar 2025 (+45%).

Against its own trend ?

TrendActualGap
Sales₹85.9₹101 +18.1% above
Net profit₹1.6₹3.1 +92.5% above
📊 Investor presentation (18 Aug) Detailed financials →

Vishnu Prakash R Punglia Limited

VPRPL · Construction & Infrastructure · Q4 FY26 · Standalone
M Cap
₹337 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -999% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -74.8%-42.5% 102177405
Operating profit to lossloss widened -125-13.145.7
Other income +21.7%-20.7% 3.03.82.5
Net profit to lossloss widened -131-30.016.2
EPS (₹) to lossloss widened -10.49-2.411.30

Quality of profit

Pre-tax profit −₹152 Cr: core business −₹155 Cr, other income ₹3.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹142 Cr.

Borrowings ₹650 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹328₹102 -68.9% below
Net profit₹8.1−₹131 -999.0% below
Detailed financials →

Rubfila International Limited

RUBFILA · Tyres & Rubber · Q4 FY26 · Consolidated
M Cap
₹335 Cr
P/E
12.9
PEG
12.92
  • Profit -17% below its own trend
  • Operating margin contracted 248 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +27.6%+9.4% 161147126
Operating profit -6.3%+27.9% 11.08.611.8
OPM % -248 bps+99 bps 6.9%5.9%9.4%
Other income +92.2%+23.9% 2.11.71.1
Net profit? -16.5%+16.7% 6.45.57.7
PAT margin % -211 bps+25 bps 4.0%3.8%6.1%
EPS (₹) -21.9%+16.8% 1.181.011.51

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹10.2 Cr: core business ₹8.2 Cr, other income ₹2.1 Cr.

Core profit YoY: -14.2% · reported profit -16.5%

Cash & debt

FY26 cash from operations −₹12.0 Cr: -45% of FY26 net profit of ₹26.6 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹137₹161 +17.2% above
Net profit₹7.8₹6.4 -17.4% below
Detailed financials →

Bella Casa Fashion & Retail Limited

BELLACASA · Garments & Apparel · Q4 FY26 · Standalone
M Cap
₹335 Cr
P/E
18.6
PEG
—
  • Profit -25% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +27.1%+23.2% 11189.887.1
Operating profit +27.6%+0.6% 7.97.86.2
OPM % +3 bps-160 bps 7.1%8.7%7.1%
Other income +73.2%-7.3% 0.90.90.5
Net profit +5.3%+2.6% 4.64.54.3
PAT margin % -85 bps-83 bps 4.1%5.0%5.0%
EPS (₹) +4.0%+2.4% 3.413.333.28

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹6.2 Cr: core business ₹5.3 Cr, other income ₹0.9 Cr.

Core profit YoY: +11.2% · reported profit +5.3%

Against its own trend ?

TrendActualGap
Sales₹104₹111 +6.0% above
Net profit₹6.1₹4.6 -24.7% below
Detailed financials →

TRANSWORLD SHIPPING LINES LIMITED

TRANSWORLD · Shipping & Ports · Q4 FY26 · Consolidated
M Cap
₹334 Cr
P/E
—
PEG
—
  • Operating margin contracted 2106 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -12.9%-0.0% 132132152
Operating profit -92.5%-57.7% 2.66.235.0
OPM % -2106 bps-269 bps 2.0%4.7%23.0%
Other income from loss-25.9% 1.62.2-11.0
Net profit? loss widenedloss widened -29.5-25.3-6.0
PAT margin % -1835 bps-319 bps -22.3%-19.1%-3.9%
EPS (₹) loss widenedloss widened -13.44-11.52-2.78

Quality of profit

Pre-tax profit −₹28.2 Cr: core business −₹28.7 Cr, other income ₹1.6 Cr, exceptional & other items −₹1.2 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹92.0 Cr.

Borrowings ₹302 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹163₹132 -18.6% below
Detailed financials →

DiGiSPICE Technologies Limited

DIGISPICE · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹333 Cr
P/E
17.6
PEG
0.33
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -8.2%-1.8% 107109117
Operating profit +70.4%-80.4% 1.26.00.7
OPM % +51 bps-442 bps 1.1%5.5%0.6%
Other income -5.1%-2.3% 5.85.96.1
Net profit? from loss+14.5% 2.82.4-12.3
PAT margin % +1307 bps+37 bps 2.6%2.2%-10.5%
EPS (₹) from loss+9.1% 0.120.11-0.53

Quality of profit

Pre-tax profit ₹4.6 Cr: core business −₹1.2 Cr, other income ₹5.8 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹64.0 Cr: 332% of FY26 net profit of ₹19.3 Cr.

Borrowings ₹84.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹130₹107 -17.6% below
Detailed financials →

Essar Shipping Limited

ESSARSHPNG · Shipping & Ports · Q4 FY26 · Consolidated
M Cap
₹333 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales loss narrowed-100.0% 0.00.0-143
Operating profit loss narrowedloss narrowed -4.0-4.5-30.0
Other income to lossto loss -4.016.664.0
Net profit? to lossloss narrowed -36.0-88.213.0
EPS (₹) to lossloss narrowed -1.72-4.260.62

Quality of profit

Pre-tax profit −₹36.0 Cr: core business −₹32.0 Cr, other income −₹4.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹130 Cr.

Borrowings ₹1,615 Cr at Mar 2026.

Detailed financials →

Vishnusurya Projects and Infra Limited

VISHNUINFR · Mining & Minerals · Q4 FY26 · Consolidated
M Cap
₹333 Cr
P/E
8.5
PEG
0.29
  • Operating margin contracted 537 bps YoY
  • 84% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -83%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +35.9%+126.6% 12756.293.7
Operating profit -40.0%-56.5% 5.412.49.0
OPM % -537 bps-1788 bps 4.2%22.1%9.6%
Other income +621.2%— 4.80.40.7
Net profit? +7.2%+103.8% 8.03.97.5
PAT margin % -168 bps-70 bps 6.3%7.0%8.0%
EPS (₹) +1.6%+93.1% 3.091.603.04

Quality of profit

Core 16%Other income & one-offs 84%

Pre-tax profit ₹5.7 Cr: core business ₹0.9 Cr, other income ₹4.8 Cr.

Core profit YoY: -82.6% · reported profit +7.2%

Cash & debt

FY26 cash from operations ₹32.0 Cr: 82% of FY26 net profit of ₹39.0 Cr.

Borrowings ₹65.0 Cr at Mar 2026.

Detailed financials →

HCL Infosystems Limited

HCL-INSYS · Computer Hardware · Q4 FY26 · Consolidated
M Cap
₹332 Cr
P/E
—
PEG
—
  • Exceptional items of ₹-7.1 Cr in the quarter
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +7.5%+18.5% 5.04.24.7
Operating profit loss widenedloss widened -17.0-14.9-14.1
Other income +76.6%+8.4% 8.07.44.5
Net profit? loss widenedloss widened -13.0-9.8-3.9
EPS (₹) loss widenedloss widened -0.40-0.30-0.12

Quality of profit

Pre-tax profit −₹13.0 Cr: core business −₹22.0 Cr, other income ₹8.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹0.0 Cr.

Borrowings ₹333 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3.5₹5.0 +44.6% above
Detailed financials →

Megastar Foods Limited

MEGASTAR · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹329 Cr
P/E
33.1
PEG
—
  • Profit -15% below its own trend
  • Operating margin contracted 125 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +20.3%+3.4% 146141121
Operating profit +1.5%+4.0% 9.99.59.7
OPM % -125 bps+4 bps 6.8%6.7%8.0%
Other income —+32.1% 0.20.20.0
Net profit? +71.0%-27.0% 2.23.11.3
PAT margin % +45 bps-64 bps 1.5%2.2%1.1%
EPS (₹) +70.7%-27.2% 1.982.721.16

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹3.1 Cr: core business ₹2.8 Cr, other income ₹0.2 Cr.

Core profit YoY: +46.9% · reported profit +71.0%

Cash & debt

FY26 cash from operations ₹27.0 Cr: 291% of FY26 net profit of ₹9.3 Cr.

Borrowings ₹131 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹213₹146 -31.5% below
Net profit₹2.6₹2.2 -14.5% below
Detailed financials →

AksharChem India Limited

AKSHARCHEM · Dyes & Pigments · Q4 FY26 · Standalone
M Cap
₹328 Cr
P/E
23.7
PEG
—
  • Operating margin contracted 189 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +16.6%+31.6% 10680.490.7
Operating profit -15.3%+80.7% 5.32.96.3
OPM % -189 bps+136 bps 5.0%3.7%6.9%
Other income from loss+80.6% 0.10.0-0.1
Net profit +248.6%from loss 4.8-4.61.4
PAT margin % +304 bps+1031 bps 4.6%-5.7%1.5%
EPS (₹) +248.0%from loss 6.02-5.751.73

Quality of profit

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

Core profit YoY: to loss · reported profit +248.6%

Cash & debt

FY26 cash from operations ₹2.0 Cr.

Borrowings ₹108 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹102₹106 +4.2% in line
Detailed financials →

Gayatri Rubbers And Chemicals Limited

GRCL · Tyres & Rubber · H2 FY26 · Standalone
M Cap
₹327 Cr
P/E
58.6
PEG
0.71
  • Operating margin expanded 529 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +34.0%+41.4% 24.517.318.3
Operating profit +83.3%+20.4% 4.84.02.6
OPM % +529 bps-343 bps 19.6%23.1%14.3%
Other income -64.1%-49.0% 0.00.00.0
Net profit +87.4%+12.3% 3.02.61.6
PAT margin % +344 bps-313 bps 12.1%15.2%8.6%
EPS (₹) +87.3%+12.4% 5.154.582.75

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹4.1 Cr: core business ₹4.1 Cr, other income ₹0.0 Cr.

Core profit YoY: +94.4% · reported profit +87.4%

Cash & debt

FY26 cash from operations ₹0.2 Cr.

Borrowings ₹6.9 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹23.8₹24.5 +2.7% in line
Net profit₹2.9₹3.0 +0.4% in line
Detailed financials →

Inspirisys Solutions Limited

INSPIRISYS · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹327 Cr
P/E
8.0
PEG
0.21
  • Profit -64% below its own trend
  • Operating margin contracted 170 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.8%+9.2% 142130120
Operating profit -3.4%+24.5% 11.08.811.3
OPM % -170 bps+95 bps 7.7%6.8%9.4%
Other income +2.7%+214.0% 5.41.75.2
Net profit? -28.5%-52.9% 8.818.612.3
PAT margin % -400 bps-816 bps 6.2%14.3%10.2%
EPS (₹) -28.5%-53.0% 2.214.703.09

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹11.7 Cr: core business ₹6.3 Cr, other income ₹5.4 Cr.

Core profit YoY: -9.1% · reported profit -28.5%

Cash & debt

FY26 cash from operations ₹23.0 Cr: 56% of FY26 net profit of ₹40.9 Cr.

Borrowings ₹82.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹159₹142 -10.8% below
Net profit₹24.5₹8.8 -64.2% below
Detailed financials →

Nureca Limited

NURECA · Medical Equipment & Devices · Q4 FY26 · Consolidated
M Cap
₹323 Cr
P/E
74.5
PEG
2.48
  • Into loss: a profit a year ago
  • Operating margin contracted 2010 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.6%-10.7% 35.439.631.7
Operating profit to lossto loss -5.83.21.2
OPM % -2010 bps-2452 bps -16.3%8.2%3.8%
Other income -48.8%-53.4% 1.02.22.0
Net profit? to lossto loss -6.13.72.5
PAT margin % -2497 bps-2662 bps -17.2%9.4%7.8%
EPS (₹) to lossto loss -6.383.912.47

Quality of profit

Pre-tax profit −₹5.5 Cr: core business −₹6.5 Cr, other income ₹1.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹3.0 Cr: 144% of FY26 net profit of ₹2.1 Cr.

Borrowings ₹2.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹50.5₹35.4 -29.9% below
Detailed financials →

Dreamfolks Services Limited

DREAMFOLKS · Airports & Airport Services · Q4 FY26 · Consolidated
M Cap
₹323 Cr
P/E
28.7
PEG
—
  • Into loss: a profit a year ago
  • Profit -205% below its own trend
  • Operating margin contracted 4788 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -83.1%+0.0% 53.053.0314
Operating profit to lossloss widened -22.0-14.020.0
OPM % -4788 bps-1509 bps -41.5%-26.4%6.4%
Other income +71.0%+16.7% 7.06.04.1
Net profit? to lossloss widened -13.0-8.014.9
PAT margin % -2928 bps-943 bps -24.5%-15.1%4.8%
EPS (₹) to lossloss widened -2.46-1.482.81

Quality of profit

Pre-tax profit −₹18.0 Cr: core business −₹25.0 Cr, other income ₹7.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹8.0 Cr: 71% of FY26 net profit of ₹11.3 Cr.

Borrowings ₹12.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹273₹53.0 -80.6% below
Net profit₹12.4−₹13.0 -204.8% below
📊 Investor presentation (13 Aug) Detailed financials →

GP Petroleums Limited

GULFPETRO · Chemicals · Q4 FY26 · Standalone
M Cap
₹320 Cr
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -11.0%-3.9% 163169183
Operating profit -2.5%+44.5% 12.58.712.8
OPM % +67 bps+258 bps 7.7%5.1%7.0%
Other income +123.7%+553.8% 0.80.10.4
Net profit +8.2%+78.1% 9.35.28.6
PAT margin % +102 bps+264 bps 5.7%3.1%4.7%
EPS (₹) +8.3%+77.7% 1.831.031.69

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹12.2 Cr: core business ₹11.4 Cr, other income ₹0.8 Cr.

Core profit YoY: +1.8% · reported profit +8.2%

Cash & debt

FY26 cash from operations ₹44.0 Cr: 166% of FY26 net profit of ₹26.5 Cr.

Borrowings ₹23.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹215₹163 -24.3% below
Net profit₹9.3₹9.3 -0.2% in line
Detailed financials →

Ponni Sugars (Erode) Limited

PONNIERODE · Sugar · Q4 FY26 · Standalone
M Cap
₹319 Cr
P/E
6.4
PEG
—
  • Profit +377% above its own trend
  • Operating margin expanded 753 bps YoY
  • 79% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +56%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -6.5%-40.4% 90.015196.3
Operating profit +50.0%+100.0% 18.09.012.0
OPM % +753 bps+1404 bps 20.0%6.0%12.5%
Other income —— 52.04.02.0
Net profit +496.0%+200.0% 27.09.04.5
PAT margin % +2529 bps+2404 bps 30.0%6.0%4.7%
EPS (₹) +488.8%+181.8% 31.0311.015.27

Quality of profit

Core 21%Other income & one-offs 79%

Pre-tax profit ₹66.0 Cr: core business ₹14.0 Cr, other income ₹52.0 Cr.

Core profit YoY: +55.6% · reported profit +496.0%

Cash & debt

FY26 cash from operations ₹31.0 Cr: 65% of FY26 net profit of ₹48.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹119₹90.0 -24.5% below
Net profit₹5.7₹27.0 +376.8% above
Detailed financials →

Mold-Tek Technologies Limited

MOLDTECH · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹318 Cr
P/E
17.3
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1204 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +85.7%+5.4% 55.552.729.9
Operating profit from loss-81.0% 1.05.4-3.0
OPM % +1204 bps-847 bps 1.9%10.3%-10.2%
Other income +29.4%+187.4% 3.51.22.7
Net profit? from loss-41.3% 2.33.9-1.6
PAT margin % +934 bps-327 bps 4.1%7.4%-5.2%
EPS (₹) from loss-40.7% 0.801.35-0.55

Quality of profit

Pre-tax profit ₹2.8 Cr: core business −₹0.7 Cr, other income ₹3.5 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹15.0 Cr: 149% of FY26 net profit of ₹10.1 Cr.

Borrowings ₹5.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹26.6₹55.5 +108.5% above
Detailed financials →

DCM Nouvelle Limited

DCMNVL · Textiles · Q4 FY26 · Consolidated
M Cap
₹318 Cr
P/E
11.5
PEG
—
  • Core business grew faster than reported profit (core profit +9%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -6.5%-3.5% 263273281
Operating profit -5.2%+45.3% 17.612.118.6
OPM % +9 bps+225 bps 6.7%4.4%6.6%
Other income -82.8%-51.2% 0.40.82.4
Net profit? -25.1%from loss 4.0-1.55.3
PAT margin % -37 bps+206 bps 1.5%-0.6%1.9%
EPS (₹) -19.9%from loss 2.37-0.592.96

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹6.1 Cr: core business ₹5.8 Cr, other income ₹0.4 Cr.

Core profit YoY: +8.7% · reported profit -25.1%

Cash & debt

FY26 cash from operations ₹51.0 Cr: 3110% of FY26 net profit of ₹1.6 Cr.

Borrowings ₹328 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹276₹263 -4.8% in line
Detailed financials →

Goldstar Power Limited

GOLDSTAR · Auto Components · Q4 FY26 · Standalone
M Cap
₹316 Cr
P/E
10.6
PEG
—
  • Operating margin expanded 2396 bps YoY
  • Core business grew faster than reported profit (core profit +48%)
  • FY26 operating cash flow was only 40% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -84.1%-98.5% 4.127025.9
Operating profit -36.8%-88.4% 1.311.32.1
OPM % +2396 bps+2783 bps 32.0%4.2%8.1%
Other income -98.3%-89.4% 0.00.21.2
Net profit -40.2%-93.3% 0.710.41.2
PAT margin % +1247 bps+1313 bps 17.0%3.9%4.5%
EPS (₹) -60.0%-94.4% 0.020.360.05

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹0.8 Cr: core business ₹0.8 Cr, other income ₹0.0 Cr.

Core profit YoY: +48.1% · reported profit -40.2%

Cash & debt

FY26 cash from operations ₹4.7 Cr: 40% of FY26 net profit of ₹11.7 Cr.

Borrowings ₹8.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹33.7₹4.1 -87.8% below
Detailed financials →

Hi-Green Carbon Limited

HIGREEN · Chemicals · H2 FY26 · Consolidated
M Cap
₹316 Cr
P/E
84.7
PEG
—
  • Into loss: a profit a year ago
  • Profit -117% below its own trend
  • Operating margin contracted 269 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +15.3%+1.4% 70.069.060.7
Operating profit -0.3%+12.3% 12.010.712.0
OPM % -269 bps+166 bps 17.1%15.5%19.8%
Other income to lossto loss -5.01.51.5
Net profit? to lossto loss -1.04.75.8
PAT margin % -1102 bps-828 bps -1.4%6.9%9.6%
EPS (₹) to lossto loss -0.521.892.33

Quality of profit

Pre-tax profit ₹2.0 Cr: core business ₹6.0 Cr, other income −₹5.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -4.5%

Cash & debt

FY26 cash from operations ₹16.0 Cr.

Borrowings ₹63.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹108₹70.0 -35.2% below
Net profit₹5.9−₹1.0 -116.9% below
Detailed financials →

HP Adhesives Limited

HPAL · Chemicals · Q4 FY26 · Consolidated
M Cap
₹315 Cr
P/E
167.6
PEG
—
  • Into loss: a profit a year ago
  • Profit -174% below its own trend
  • Operating margin contracted 1513 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -13.5%-11.5% 57.865.466.8
Operating profit to lossto loss -3.83.95.8
OPM % -1513 bps-1254 bps -6.5%6.0%8.6%
Other income -52.3%-21.4% 0.70.91.5
Net profit? to lossto loss -2.41.64.3
PAT margin % -1047 bps-659 bps -4.1%2.5%6.4%
EPS (₹) to lossto loss -0.260.180.46

Quality of profit

Pre-tax profit −₹5.2 Cr: core business −₹6.0 Cr, other income ₹0.7 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹7.0 Cr: 100% of FY26 net profit of ₹7.0 Cr.

Borrowings ₹4.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹73.4₹57.8 -21.2% below
Net profit₹3.2−₹2.4 -174.1% below
Detailed financials →

VARVEE GLOBAL LIMITED

VGL · Textiles · Q4 FY26 · Standalone
M Cap
₹315 Cr
P/E
—
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +211.7%+92.6% 23.412.17.5
Operating profit loss narrowedloss widened -5.9-1.5-51.7
OPM % —-1300 bps -25.2%-12.2%—
Other income to lossto loss -15.221.637.9
Net profit loss widenedto loss -28.65.3-8.9
EPS (₹) loss widenedto loss -5.551.04-1.89

Quality of profit

Pre-tax profit −₹22.6 Cr: core business −₹7.5 Cr, other income −₹15.2 Cr.

Core profit YoY: loss narrowed

Against its own trend ?

TrendActualGap
Sales₹13.5₹23.4 +73.4% above
Detailed financials →

Systango Technologies Limited

SYSTANGO · IT Services & Software · H2 FY26 · Consolidated
M Cap
₹312 Cr
P/E
9.8
PEG
0.31
  • Profit -41% below its own trend
  • Operating margin contracted 430 bps YoY
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +17.3%+0.0% 45.045.038.4
Operating profit +3.9%-21.1% 15.019.014.4
OPM % -430 bps-889 bps 33.3%42.2%37.6%
Other income -15.2%+0.0% 3.03.03.5
Net profit? -0.2%-22.2% 14.018.014.0
PAT margin % -546 bps-889 bps 31.1%40.0%36.6%
EPS (₹) -3.2%-25.9% 9.2512.489.56

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹18.0 Cr: core business ₹15.0 Cr, other income ₹3.0 Cr.

Core profit YoY: +6.7% · reported profit -0.2%

Cash & debt

FY26 cash from operations ₹34.0 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹54.3₹45.0 -17.1% below
Net profit₹23.6₹14.0 -40.6% 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