Tipsheet
What matters at India’s listed companies
Archive / Page 114

Notes archive.

Mon · 01 Jun
8
Regulatory · Diversified

Skyline's auditor quits mid-fraud probe; new forensic report lands

Statutory auditor K S Rao resigned as an interim forensic report on ₹10.45 cr in alleged misappropriation was submitted to the board. The company bought a shell to bypass frozen regulatory data.

SKILVEN Micro cap 3:23 PM
6
Earnings · Paper Products

Astron's auditor disclaims opinion; revenue fell to ₹6.69 lakh

A company in insolvency reported near-zero revenue for the quarter as plants sit shut and the auditor walked away from the numbers.

ASTRON Micro cap 3:23 PM
6
Earnings · Steel & Iron Products

Rajasthan Tube posts zero revenue and GST default in a quarter of operational stasis

Manufacturing is suspended. Statutory auditors flagged non-payment of GST and unfiled returns for February and March.

RAJTUBE Micro cap 3:22 PM
5
Earnings · Professional Services

Nis Management posts 14% revenue growth, but labour provision muddies the quarter

Q4 revenue rose 13.96% and EBITDA grew 29.75%. A one-time charge for new labour codes was the main event.

169 Micro cap 3:20 PM
5
Earnings · Trading

Gujjubhai's revenue jumped 30%. Profit grew only 10.7%.

First full-year results since the merger show sales outpacing earnings growth, a gap the presentation did not explain.

SUMUKA Micro cap 3:10 PM
7
Finance - NBFC

Pulsar International's CFO quits to study law. No successor named.

Vipul Panchal left with immediate effect. The nano-cap named an executive director as interim CFO but has no permanent replacement.

PULSRIN Micro cap 3:06 PM
5
Steel Pipes

Man Industries' transcript adds nothing the market hasn't already heard

The May 26, 2026 filing is a routine record of a call whose contents are already public.

MANINDS Small cap 1:36 PM
6
Earnings · Electronics

Digilogic missed its own FY26 guidance. Now it's promising 25-30% growth.

Revenue grew just 8.4% versus a 25% target. Management blames supply-chain delays and is betting on ₹100 crore in new orders by September.

DIGILOGIC Micro cap 1:25 PM
6
Earnings · Trading

Yamuna Syndicate signs off on ₹500/share dividend. Again.

The board formalised a final dividend already flagged to the market. No new financials accompany the filing.

YSL Micro cap 1:04 PM
6
Earnings · Advertising & Media

Signpost India profit doubles as digital out-of-home pulls in growth

Consolidated profit jumped to ₹70.21 crore in FY26 on 27% revenue growth. A tech entrepreneur joins as new CBO.

SIGNPOST Small cap 1:00 PM
6
Real Estate

Suraj Estate beats presales target, then pulls its own guidance for FY27

FY26 presales hit ₹615 crore, but the company won't guide for the next year yet, citing pending approvals.

SURAJEST Micro cap 12:56 PM
6
Household & Personal Products

Inflame chases ₹10,000 cr in orders. Its market cap is ₹176 cr.

A nano-cap pivots from kitchen appliances to roads and mines. Margins are being squeezed to win the work, and a ₹1,450 cr government bill is still unpaid.

INFLAME Micro cap 12:48 PM
5
Earnings · Logistics

Karnimata files routine FY26 results, nothing new for investors

The nano-cap's annual accounts are a compliance requirement. The audit opinion was clean.

KCSL Micro cap 12:48 PM
5
Earnings · Real Estate

Ahluwalia Contracts' Q4 deck adds detail, not new news.

The investor presentation slices the same results the market already saw. No new guidance, no profit warnings, no surprises.

AHLUCONT Mid cap 12:48 PM
6
Earnings · Finance - Investment

Triumph Finance auditor can't verify its assets. Its net worth is now negative.

Zero revenue, a ₹3.91 cr profit from other income, and a qualified audit that questions recoveries, liabilities, and who owns the securities.

TRIUMPH IN F Micro cap 12:47 PM
5
Earnings · IT - Software

PFL Infotech reports yet another year of zero revenue

The nano-cap's audited results for FY26 are routine. It remains non-operational with nil sales and continuing losses.

PFLINFOTC Micro cap 12:44 PM
6
Earnings · Mining & Minerals

NMDC clears 53 mt in FY26, reopens two mines for the first time in 50 years

The miner beat its production target and is now doubling capex to restart Deposit 4 and Deposit 13, setting the stage for a push to 100 mt capacity by 2030.

NMDC Large cap 12:23 PM
5
Earnings · Steel/Sponge /Pig Iron

BWL's factory is still dark. Its annual results just make that official.

The company remains shut under working capital constraints. Its annual filing is a formality, not a new event.

BWL LIMITED 12:08 PM
6
Earnings · Steel/Sponge /Pig Iron

Bihar Sponge Iron revenue drops 83% after plant operator abandons facility

Q4 revenue collapsed to ₹1,692 lakhs as operations halted in February. The company is now fighting an insolvency petition over a ₹1,722 lakh debt it says it doesn't owe.

BIHARSPONG Micro cap 12:02 PM
6
Earnings · Textile

Riba Textiles posts 40% Q4 profit jump despite revenue slide

The textile maker's quarterly net profit surged to ₹3.34 crore even as sales fell 11%. Full-year revenue dropped 14%.

RIBATEX Micro cap 12:02 PM
6
Dyes & Pigments

Asahi Songwon cuts Atlas API peak revenue target by two-thirds

Management now sees the combined Chhatral and Atlas units topping out at ₹250-280 cr without new capex, down from the ₹750-800 cr range cited in November 2025.

ASAHISONG Micro cap 12:00 PM
6
Earnings · Textile

AB Cotspin's first guidance targets EBITDA of ₹50-60 crore

The textile maker's FY27 outlook follows a year where profit grew 31% on flat sales, signalling that new capacity is lifting margins.

ABCOTS Micro cap 11:27 AM
5
Earnings · Travel Services

Trade-Wings files FY26 results. The filing contains no numbers.

A routine compliance submission. The auditor's note on the subsidiary investment is a repeat from prior years.

TRADE WINGS Micro cap 11:21 AM
6
Earnings · Gas Transmission

Gujarat Energy profit drops 48% in first full year post-GSPC-GSPL merger

The restructured company's net profit fell to ₹1,677.58 crore, but the board still recommended a ₹8.90 per-share dividend.

GUJGASLTD Large cap 11:17 AM
5
Earnings · Logistics

Arshiya posts loss on disputed revenue. Auditor disclaims all conclusions.

Five months late, the nano-cap CIRP firm reports a loss. The auditor won't vouch for a single number.

ARSHIYA Micro cap 11:16 AM