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Earnings · Engineering - Construction · Micro cap

Conart Engineers posts 39% FY26 profit growth as Q4 revenue slips 29%

Annual profit rose to ₹3.73 cr on higher full-year revenue, but a sharp quarterly drop masks momentum.

1 earlier story on Conart Engineers Ltd.
Mkt cap₹66.57 cr
P/E17.19×
ROE9.64%
Debt / eq.0.00
39% YoY rise in FY26 net profit

What's new

  • FY26 revenue grew 10% YoY to ₹62.23 cr; net profit rose 39% to ₹3.73 cr.
  • Q4 revenue fell 29% YoY to ₹15.61 cr, though quarterly profit held steady.
  • Auditor issued an unmodified opinion on the annual accounts.

Why this matters

The full-year numbers look solid, especially profit growth well ahead of revenue growth. But the Q4 revenue drop raises a question about momentum entering FY27. For a nano-cap, these are standard results without a new catalyst.

What we're watching

  • Whether Q4 revenue softness extends into Q1 FY27.
  • Management commentary on the quarterly dip in the annual report.
  • Any shift in the revenue mix that boosted full-year margins.

The full read

Conart Engineers closed FY26 with 10% revenue growth and a 39% jump in net profit to ₹3.73 crore. The bottom line grew almost four times faster than the top line. But the fourth quarter told a different story: revenue fell 29% to ₹15.61 crore even as profit held. For a ₹67 crore market-cap company, these are routine numbers without a surprise. The auditor signed off cleanly. The strong annual profit growth suggests better cost control or a favourable mix, but the Q4 slip means the trajectory heading into the new year is not clear.

Questions answered

How did Conart's full-year and quarterly results compare?
Full-year revenue grew 10% to ₹62.23 cr and profit jumped 39% to ₹3.73 cr. However, Q4 revenue alone fell 29% to ₹15.61 cr, indicating a weak close to the year.
What does the auditor's report say?
The auditor gave an unmodified opinion, meaning no qualifications or concerns were raised about the financial statements.
Is the profit growth from revenue or margins?
Net profit growth of 39% significantly outpaced revenue growth of 10%, suggesting Conart expanded its profit margins during the year.
Mentioned: ₹62.23 cr FY26 revenue · ₹3.73 cr FY26 profit · ₹15.61 cr Q4 revenue
Primary source BSE · NSE

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

  1. 30 May 2026 · 5:50 PM IST Conart Engineers posts 39% FY26 profit growth as Q4 revenue slips 29%
  2. 3d ago Conart Engineers lands a ₹15.41 cr civil contract in Vadodara