Tipsheet
What matters at India’s listed companies
Archive / Page 112

Notes archive.

Tue · 02 Jun
6
Earnings · Retailing

V2 Retail puts 170-200 stores on the map for FY27

A 60% Q4 revenue jump and a 50% two-year growth target frame an aggressive plan. A May demand slowdown is the first headwind to watch.

V2RETAIL Mid cap 9:10 AM
7
Order Wins · Engineering - Industrial Equipments

Dee Development wins ₹206.55 cr piping order from a Maharatna PSU

The contract covers critical assemblies for four power-plant units. It equals over 22% of the company's standalone revenue.

DEEDEV Small cap 8:23 AM
Mon · 01 Jun
5
Earnings · Refractories

IFGL's capex bill is half its market value. The topline has to keep up.

FY26 revenue rose 14% to ₹1,904 crore, but the ₹600-650 crore capacity buildout dwarfs the equity base of a ₹1,276 crore company.

IFGLEXPOR Small cap 9:48 PM
5
Trading

Novelix Pharmaceuticals preps another equity raise

The board will meet to approve a preferential issue. It's the latest capital call from a nano-cap with a market cap of ₹131 cr and a history of frequent dilutive raises.

TRIMURTHI Micro cap 8:42 PM
9
Credit · Pesticides

SK Minerals is raising ₹222 cr, equal to 45% of its market cap.

The nano-cap's board approved a preferential warrant issue that could dilute equity by 49% if fully converted. Promoter group entities are taking 53% of the issue.

SKM Micro cap 8:04 PM
7
Power Generation

Acme Solar puts a number on its raise. Floor price is ₹294.13.

The board approved a QIP in August. Now the floor is set and the book is open. The final discount and size will determine the dilution.

ACMESOLAR Large cap 7:57 PM
7
Consumer Food

NHC Foods puts ₹202 cr into UK shell — over 2.5x its own market cap

The nano-cap's first deployment of its $27M FCCB is a bet on a new, unoperational UK entity that dwarfs its valuation.

NHCFOODS Micro cap 7:42 PM
5
Concalls · Real Estate

Ganesh Housing posts link to Q4 earnings call

Routine filing: the recording of the Q4 FY26 call, already disclosed on May 26. No new financials or guidance.

GANESHHOU Mid cap 7:12 PM
7
Plastic Products

Caprihans is paying back ₹4 cr in preference capital

The nano-cap's board cleared the redemption of up to 40 lakh shares. For a ₹128 crore company, the move equals 3.1% of market value.

CAPRIHANS Micro cap 7:10 PM
6
Earnings · Pharmaceuticals

Orchid expects Enmetazobactam deal this quarter, eyes US sterile market

Out-licensing talks for the antibiotic are at an advanced stage in multiple regions. Management also outlined a new $1.2 billion US market initiative.

ORCHPHARMA Small cap 6:44 PM
7
Medical Equipment

Nureca raised its Punjab plant budget 28%. It calls the first number a typo.

The corrected outlay is ₹128 cr. The initial ₹100 cr disclosure was a mistake, the company says.

NURECA Micro cap 6:38 PM
5
Earnings · Solvent Extraction

Wardwizard Foods re-issues FY26 results, adds a 25% growth target

The financials are from May 30. The new item is management's guidance for a 25% revenue CAGR and double-digit EBITDA margins.

WARDWIZFBL Micro cap 6:37 PM
5
Retailing

Kiaasa Retail adds three stores, a ₹4cr revenue drip in a ₹134.63cr business

Three new outlets in May are incremental proof of execution for a nano-cap with over 100 stores. The revenue lift is negligible.

KIAASA Micro cap 6:37 PM
5
Textile

Globale Tessile's company secretary quits, second key exit this year

The nano-cap textile maker's compliance officer is gone, following a CFO departure. Two senior exits at a ₹14-crore market-cap firm raise governance questions.

GLOBALE Micro cap 6:36 PM
6
Earnings · Electric Equipment

Hitachi Energy's ₹2,000 cr Vadodara bet is a bet on India's data-center boom

The company's record order backlog of ₹29,555 crore underpins the expansion. Management sees data-center demand growing six to nine times.

POWERINDIA Mega cap 6:33 PM
6
Earnings · Solvent Extraction

Wardwizard swings to profit, but auditors still can't verify ₹37 cr in assets

Revenue surged 156% to ₹237.73 crore, lifting the nano-cap into the black for the first full year. The auditor's warnings, however, remain unresolved.

WARDWIZFBL Micro cap 6:31 PM
6
Earnings · Plastic Products

CDG Petchem's new logistics arm made ₹24.76 cr. The old business is gone.

A 51% stake in Jujhar Logistic & Travels turned a ₹182 cr micro-cap into a profit for FY26. The logistics subsidiary runs 400+ car carriers for Maruti and Tata.

CDG Micro cap 6:25 PM
5
Earnings · Engineering - Construction

VVIP Infratech's FY26 profit falls on lower revenue

Consolidated net profit dropped to ₹42.66 crore and revenue to ₹346.49 crore for the year ended March 2026. It's a routine filing.

VVIPIL Micro cap 6:19 PM
6
Earnings · Trading

ACE Men's first consolidated audit flags ₹5.73 cr loan violations at subsidiary

Auditor qualifies FY26 results over unsecured loans and shareholder approval breaches; independent director quits.

ACEMEN Micro cap 6:14 PM
6
Auto Ancillary

Fiem guides ₹100-150 cr from four-wheelers in FY27 after record year

The auto-components maker hit all-time highs on revenue and profit in FY26, and is now funding a push into car parts with ₹200 cr in capex.

FIEMIND Mid cap 5:51 PM
9
Order Wins · Transformers

Alfa Transformers lands ₹63 cr order worth 157% of its market cap

A single contract from Madhya Gujarat Vij Company Ltd is bigger than the company itself. The nano-cap wins its largest-ever order for 12,000 distribution transformers.

ALFATRAN Micro cap 5:44 PM
7
Finance - Investment

A ₹17-crore company wants to spend ₹20 crore on a media acquisition

Pro CLB Global's non-binding plan to buy 85% of K Globes Digital Media is bigger than its own market cap. The deal needs funding.

PROCLB Micro cap 5:42 PM
8
Agriculture

A stranger just bought 10% of a dormant company for ₹1.4 crore.

Archana Bhuwalka's group crossed the SEBI threshold in a single off-market buy. Natura Hue Chem has no revenue.

NATHUEC Micro cap 5:32 PM
9
Credit · Trading

Audroc to raise ₹80 cr on a ₹3 cr market cap. Dilution is 97%.

The board approved a preferential warrant issue that would increase the company's equity base by roughly 40 times. The entire market capitalisation is ₹3 crore.

ALKAINDIA Micro cap 5:28 PM
6
Concalls · Finance - NBFC

Shalibhadra targets ₹500 cr AUM by FY29. Its return on assets will shrink.

The NBFC plans to triple its loan book without new equity, but ROA will compress from 8.65% to about 7% as it shifts into more competitive products.

SAHLIBHFI Micro cap 5:28 PM