How did the Q4 revenue recovery compare to the rest of the year?

Q4 revenue of ₹66.09 lakh was a sharp reversal from the previous quarter's near-zero result. Full-year net profit was ₹14.10 lakh, only slightly above last year's ₹12.18 lakh, suggesting the Q3 collapse weighed heavily on the annual total.

What's the scale of this business?

It's a nano-cap with a market cap of ₹29 crore. Annual profit was ₹14.10 lakh. The entire business generated less revenue in Q4 than many listed companies spend on a single quarterly advertising campaign.

Why did the independent director resign?

The filing states Niharika Roongta resigned effective May 30, 2026, but gives no reason. The appointment of a new company secretary takes effect two days later, on June 1.

Did the auditors flag any concerns?

No. The statutory auditors issued an unmodified opinion on the FY2026 financial statements, meaning they found no material qualifications or emphasis-of-matter paragraphs.

Earnings · Trading · Micro cap

Alfavision's revenue returned in Q4 after a near-zero quarter

The company posted ₹66.09 lakh in revenue after a quarter with almost none. The business remains tiny.

— 1 earlier story on Alfavision Overseas (India) Ltd. →

ALFAVIO By Tipsheet Editorial 31 May 2026 · 1:01 AM IST Verify on BSE · NSE

Mkt cap₹28.88 cr

ROE0.29%

Debt / eq.2.95

₹66.09 lakh Q4 revenue, up from near-zero.

What's new

Q4 FY26 revenue recovered to ₹66.09 lakh after collapsing to near-zero in Q3.
Full-year net profit was ₹14.10 lakh, slightly above the prior year's ₹12.18 lakh.
Independent director Niharika Roongta resigned May 30; CS Ankit Gupta appointed June 1.

Why this matters

For a company with a ₹29 crore market cap, revenue swinging from zero to ₹66 lakh signals a project-driven, erratic model. The departure of an independent director adds a governance question to operational volatility.

What we're watching

Whether Q1 FY27 sustains the Q4 recovery or reverts to near-zero.
The reason for the independent director's departure.
Cash-flow statement for evidence of actual collections.

The full read

Alfavision's Q4 revenue came in at ₹66.09 lakh. That's not a lot of money. But it is a lot more than the near-zero result from the previous quarter. For a company with a ₹29 crore market cap, the operational whiplash is the story. Full-year net profit was ₹14.10 lakh, a modest increase from ₹12.18 lakh last year. The company also shuffled its board, losing an independent director and hiring a new company secretary within a two-day window. The auditors didn't flag any issues. The real question is whether the Q4 recovery sticks or if the business goes quiet again.

Questions answered

How did the Q4 revenue recovery compare to the rest of the year?: Q4 revenue of ₹66.09 lakh was a sharp reversal from the previous quarter's near-zero result. Full-year net profit was ₹14.10 lakh, only slightly above last year's ₹12.18 lakh, suggesting the Q3 collapse weighed heavily on the annual total.
What's the scale of this business?: It's a nano-cap with a market cap of ₹29 crore. Annual profit was ₹14.10 lakh. The entire business generated less revenue in Q4 than many listed companies spend on a single quarterly advertising campaign.
Why did the independent director resign?: The filing states Niharika Roongta resigned effective May 30, 2026, but gives no reason. The appointment of a new company secretary takes effect two days later, on June 1.
Did the auditors flag any concerns?: No. The statutory auditors issued an unmodified opinion on the FY2026 financial statements, meaning they found no material qualifications or emphasis-of-matter paragraphs.

Mentioned: ₹66.09 lakh Q4 revenue · ₹29 crore market cap · Niharika Roongta

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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31 May 2026 · 1:01 AM IST Alfavision's revenue returned in Q4 after a near-zero quarter
today Alfavision posts ₹14.10 lakh profit after quarter of zero revenue