How did Bhavik Enterprises perform in FY26 compared to the previous year?

Revenue grew **19%** to **₹629 crore**, while net profit more than doubled to **₹13.6 crore**.

What drove the profit increase?

The company attributed the performance to higher trading volumes and the addition of new customers.

What happened to the proceeds from the company's September 2025 IPO?

Bhavik confirmed the full utilization of the **₹63 crore** raised, which was deployed for working capital and general corporate purposes.

Were there any changes to the board or audit team?

The board approved the re-appointment of an independent director and appointed internal auditors for the upcoming year.

Earnings · Trading · Micro cap

Bhavik Enterprises doubles profit to ₹13.6 crore in FY26

Revenue climbed 19% to ₹629 crore as the company confirmed full deployment of its ₹63 crore IPO proceeds.

BHAVIK 26 May 2026 · 6:30 PM IST Verify on BSE · NSE

Mkt cap₹325 cr

P/E57.44×

ROE5.80%

Debt / eq.0.00

₹13.6 cr Net profit for FY26, more than double the previous year.

What's new

Revenue rose to ₹629 crore from ₹527 crore in FY25.
Net profit jumped to ₹13.6 crore on higher trading volumes and new clients.
The company fully deployed the ₹63 crore raised in its September 2025 IPO.

Why this matters

For a nano-cap firm, this result provides concrete evidence of growth following its recent market entry. The combination of profit expansion and clean capital deployment suggests the company is effectively scaling its operations.

What we're watching

Sustainability of volume growth in the current fiscal year.
Impact of new customer additions on future operating margins.
Any further capital requirements for working capital.

The full read

Bhavik Enterprises delivered a strong performance for FY26, with revenue rising to ₹629 crore from ₹527 crore a year earlier. Net profit more than doubled to ₹13.6 crore, a result the company credits to higher trading volumes and new customer wins.

Growth is accelerating.

Alongside the earnings, the company confirmed that the ₹63 crore raised in its September 2025 IPO is now fully deployed toward working capital and general corporate needs, while the board also moved to solidify its governance by re-appointing an independent director and selecting internal auditors for the new year. This release provides tangible evidence of the company’s growth trajectory following its recent listing, and the combination of profit growth and the successful deployment of capital suggests a stable start for the firm as a public entity.

Questions answered

How did Bhavik Enterprises perform in FY26 compared to the previous year?: Revenue grew 19% to ₹629 crore, while net profit more than doubled to ₹13.6 crore.
What drove the profit increase?: The company attributed the performance to higher trading volumes and the addition of new customers.
What happened to the proceeds from the company's September 2025 IPO?: Bhavik confirmed the full utilization of the ₹63 crore raised, which was deployed for working capital and general corporate purposes.
Were there any changes to the board or audit team?: The board approved the re-appointment of an independent director and appointed internal auditors for the upcoming year.

Mentioned: Bhavik Enterprises · September 2025 IPO

Primary source BSE · NSE

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