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Earnings · Paper Products · Micro cap

Cella Space posts ₹16.53 cr June quarter revenue, up from ₹1.82 cr YoY

Standalone PAT rises to ₹7.29 cr from ₹1.35 cr. Board also approves ₹2 cr preference share redemption.

1 earlier story on Cella Space Ltd.
Mkt cap₹45.18 cr
P/E9.66×
Debt / eq.0.30
₹16.53 cr Standalone revenue for June 2026 quarter

What's new

  • Standalone revenue jumped to ₹16.53 cr in June 2026 from ₹1.82 cr a year ago.
  • Profit after tax rose to ₹7.29 cr from ₹1.35 cr.
  • Board approved redemption of 20 lakh preference shares aggregating ₹2 cr.

Why this matters

Revenue and profit surged on a standalone basis, but the sale of the only subsidiary in May 2026 means the full picture is obscured. The ₹2 cr preference share redemption signals adequate profits. The next quarter will test whether this is a one-time spike or a sustainable trend.

What we're watching

  • Whether revenue sustains above ₹15 cr in coming quarters.
  • Any disclosure on use of proceeds from the Vijay Logistics sale.
  • If consolidated results will be presented in future given subsidiary sale.

The full read

Cella Space's June 2026 standalone numbers are striking: revenue of ₹16.53 cr against ₹1.82 cr a year earlier, and profit of ₹7.29 cr versus ₹1.35 cr. The board also approved redeeming ₹2 cr of preference shares. Yet the context is critical: the company sold its only subsidiary, Vijay Logistics Parks, in May 2026, so the figures reflect a new entity structure. The prior quarter (Mar 2026) had standalone sales of just ₹5 cr and profit of ₹3 cr. With a market cap of ₹45 cr and a trailing P/E of 9.7, the valuation is not stretched if this revenue level holds. The open question is whether this is a one-time effect from the subsidiary sale or the start of a sustained growth trajectory. It won't be clear until the next quarter.

Questions answered

Why did revenue increase so sharply in June 2026?
The company attributed the rise to business growth, but the May 2026 sale of subsidiary Vijay Logistics Parks may have affected the standalone numbers. Prior standalone revenue was ₹5 cr in March 2026.
What is the preference share redemption about?
The board approved redeeming 20 lakh non-convertible redeemable preference shares of ₹10 each, totalling ₹2 cr. The company said it has sufficient divisible profits for the redemption.
Why are there no consolidated results?
Cella Space sold its only subsidiary in May 2026, so no consolidated financials were presented. All figures reported are standalone.
How does this quarter compare to the prior March 2026 quarter?
In March 2026, standalone sales were ₹5 cr and net profit ₹3 cr. The June 2026 quarter shows a sharp sequential rise to ₹16.53 cr revenue and ₹7.29 cr profit.
Is the company still debt-heavy?
As per latest data, debt/equity is 0.30, indicating low leverage. Trailing ROE is high at 167.7%, but on a small equity base.
Mentioned: Cella Space · Vijay Logistics Parks Private Limited
Primary source BSE · NSE · Tijori

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

Company snapshot

Cella Space Ltd.

Paper & Board
₹38 cr
P/E 3.59×

Latest quarter · Mar 2026

Sales₹5 cr
Net profit₹3 cr
Op. margin+58.0%
EPS₹1.60

Strength & growth

Debt / equity-2.73×
Current ratio0.24×
Sales CAGR−23.0%
EPS CAGR+12.9%
Financials via Tijori — a research aid, not investment advice.CELLA on Tijori

Story so far

All notes on CELLA →
  1. 13 Jul 2026 · 6:15 PM IST Cella Space posts ₹16.53 cr June quarter revenue, up from ₹1.82 cr YoY
  2. 52d ago Cella Space revenue triples as Q4 acquisition boosts balance sheet