Tipsheet
What matters at India’s listed companies
Earnings · Paper Products · Micro cap

Cella Space revenue triples as Q4 acquisition boosts balance sheet

Consolidated revenue hit ₹746.33 lakhs for FY26, with the fourth quarter alone accounting for ₹530.94 lakhs of that total.

1 earlier story on Cella Space Ltd.
Mkt cap₹45.18 cr
P/E9.66×
Debt / eq.0.30
₹746.33 lakhs Consolidated revenue for FY26, up from ₹246.19 lakhs in FY25.

What's new

  • Revenue tripled to ₹746.33 lakhs in FY26.
  • Profit before exceptional items climbed to ₹526.13 lakhs from ₹72.88 lakhs.
  • Consolidation of Vijay Logistics Parks added ₹3,335.39 lakhs in assets.

Why this matters

The jump in revenue and profit is heavily back-weighted to the fourth quarter. The massive expansion of the balance sheet via the Vijay Logistics acquisition signals a shift in the company's scale that requires monitoring.

What we're watching

  • Whether the Q4 revenue run rate is sustainable in FY27.
  • The integration progress of Vijay Logistics Parks.
  • Future capital expenditure requirements for the newly acquired assets.

The full read

Cella Space reported a sharp expansion in its FY26 financials, with consolidated revenue reaching ₹746.33 lakhs compared to ₹246.19 lakhs in the previous year. Profit before exceptional items followed suit, rising to ₹526.13 lakhs from ₹72.88 lakhs. The bulk of this growth is concentrated in the final quarter, which generated ₹530.94 lakhs in revenue. The balance sheet reflects the recent acquisition of Vijay Logistics Parks Private Limited, which added ₹3,335.39 lakhs in total assets. Property, plant and equipment surged to ₹3,336.44 lakhs from a negligible ₹2.64 lakhs in the prior year. This acquisition has fundamentally altered the company's asset base. The challenge for Cella Space is now proving that this Q4 performance is a repeatable baseline rather than a one-off event tied to the timing of the acquisition.

Questions answered

How did Cella Space's performance change year-over-year?
Revenue grew to ₹746.33 lakhs in FY26 from ₹246.19 lakhs in the prior year. Profit before exceptional items also saw a sharp increase to ₹526.13 lakhs from ₹72.88 lakhs.
What role did the fourth quarter play in these results?
The fourth quarter was the primary driver of the annual performance, contributing ₹530.94 lakhs in revenue alone.
How did the acquisition of Vijay Logistics affect the balance sheet?
The consolidation of the subsidiary added ₹3,335.39 lakhs in total assets. Property, plant and equipment increased significantly to ₹3,336.44 lakhs from ₹2.64 lakhs.
Mentioned: Cella Space Ltd. · 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. 26 May 2026 · 6:53 PM IST Cella Space revenue triples as Q4 acquisition boosts balance sheet
  2. 4d ago Cella Space posts ₹16.53 cr June quarter revenue, up from ₹1.82 cr YoY