Notes archive.
Sword-Edge posts first revenue in years, auditor drops qualifications
The nano-cap reports ₹205.56 lacs in FY26 sales and gets an unmodified audit opinion, a reversal from prior red flags over unverifiable assets.
Stellar Capital flips to loss; auditor flags its ₹52.65 cr loan book
The operating loss is small. The auditor's warning on credit-risk modeling for a loan book three times the company's market cap is not.
Twamev posts ₹9.1 cr profit but its auditor won't stand behind the numbers
A modified opinion flags repeat accounting flaws and a ₹986 cr NHAI claim for a firm still waiting on a credit upgrade after insolvency.
Thinkink's auditor can't verify its books. Revenue fell 72%.
Chandabhoy & Jassoobhoy disclaimed Thinkink's FY26 results, citing a near-total lack of documentation. The company's revenue fell 72% in the same period.
Cerebra's auditor disclaims the accounts as losses swell to ₹71.64 cr
The company is already in CIRP. The Q4 and full-year results, filed a year late, show revenue collapsed to ₹5.96 crore and the auditor refused to sign off.
Ekam Leasing loss doubles as it fails RBI capital test
The nano-cap NBFC's auditors questioned its survival and flagged a broken regulatory clock. The company is merging subsidiaries to fix its balance sheet.
Tilaknagar's Imperial Blue deal lifted revenue 68%. The one-off bill was ₹232 cr.
Revenue surged to ₹5,247.6 crore on the brand's consolidation, but a one-off acquisition cost crushed the bottom line to ₹20.9 crore.
Bharat Textiles posts full-year profit but Q4 slips to a loss.
FY2026 net profit rose to ₹33.13 lakh, but the fourth quarter swung to an ₹86.73 lakh loss versus a ₹46.91 lakh profit a year ago.
Shiva Suitings filed FY2025 results a year late. It had already filed FY2026.
The nano-cap filed 2025 audited accounts on May 29, 2026. It had already disclosed FY2026 figures showing revenue down to ₹1.16 crore.
Rubicon's profit doubled. Its factory is still a year away.
Q4 revenue jumped 44% to ₹514 cr, but reliance on outsourced manufacturing is squeezing gross margins. Pithampur commissioning is the fix.
Groarc burned ₹19.37 cr in operations last year. Its market cap is ₹14 cr.
The cash drain from receivables and inventory now exceeds the company's entire market value. Revenue fell 26%, profit dropped 60%, and the auditor still signed off.
Spice Lounge's IT pivot now drives 80% of revenue, but the base is tiny
Software and IT services delivered 50% topline growth to ₹158.42 crore in FY26. The food division shrank.
JM Financial's profit jumps 55% even as revenue shrinks
Finance costs fell 23%, funding a ₹167 crore dividend despite a 6.5% revenue drop.
Rana Sugars' sugar business lost ₹46.5 cr. A one-time gain hid the damage.
Full-year profit fell 30% to ₹23.81 cr. A ₹32.38 cr impairment reversal kept the company from a near-breakeven result.
Rapid Investments swings to a Q4 loss as full-year profit drops 55%
The nano-cap posted a quarterly net loss of ₹15.38 lakhs, a reversal from a ₹22.93 lakh profit a year ago. Full-year profit fell to ₹15.89 lakhs even as revenue grew 20%.
Diksat Transworld's revenue fell 60%. Now it's burning cash.
The nano-cap media firm swung to a net loss of ₹1.19 crore as its top line collapsed and costs failed to adjust.
Gyftr posts ₹21.8 cr profit on voucher pivot, auditors keep qualified opinion
The former NBFC's first full-year results show ₹396.36 cr in revenue from its new model. But auditors still can't clear the old LKP Finance balance sheet.
Duropack's profit fell 23% even as revenue climbed 21%
Standalone revenue grew to ₹39.86 crore in FY26, but net profit shrank to ₹1.85 crore as cost pressures mounted.
Standard Batteries is a public shell with no revenue and a net loss.
The FY26 results show zero sales. The prior year's profit came from a one-time gain that is now gone.
Adcon swings to a ₹2.12 cr loss as auditors flag ₹4.17 cr in stuck interest
The nano-cap lender's bad-debt provision of ₹3.21 cr alone erased the prior year's profit. Auditors flagged another ₹4.17 cr in uncollected income.
Kinetic Engineering plans to triple EV dealerships to 50 by June
The auto-component maker reported ₹158 cr in annual revenue and is scaling its electric-vehicle retail footprint aggressively.
Octal Credit's consolidated loss triples to ₹157.91 lakh on associate drain
A ₹167.23 lakh loss from associates turned the group into the red, overwhelming a small standalone profit.
Classic Filaments posts zero revenue, widens loss in year of corporate takeover
The nano-cap's auditor flagged a change in corporate control late in the fiscal year, marking the start of a transformation for a dormant entity.
Team24 Consumer Products posts first revenue of ₹1.54 cr after dormancy
The nano-cap firm's FY26 results show it has finally started trading and manufacturing, ending a period of zero operational income.
Asian Warehousing's income shrank. Profit jumped fourfold.
FY26 revenue fell to ₹1.81 crore, but net profit surged to ₹23.36 lakhs on a tiny base.