Tipsheet
What matters at India’s listed companies
Archive / Page 136

Notes archive.

Fri · 29 May
6
Earnings · Professional Services

Droneacharya posts ₹37 lakh profit, but revenue collapsed 57%

The company swung from a ₹13.47 crore loss to a small profit, but only by shrinking its top line from ₹34.52 cr to ₹14.67 cr.

DRONACHRYA Micro cap 8:27 PM
6
Earnings · Real Estate

Mount Housing posts its first annual profit. The number is ₹19.39 lakhs.

The nano-cap developer turned a ₹85.92 lakh loss into a small profit on ₹14.36 crore in revenue. The absolute figure is negligible.

MOUNT Micro cap 8:27 PM
6
Earnings · Trading

Amit International's auditors flag ₹232 lakh advance and RBI non-compliance

Annual revenue collapsed to ₹8.26 lakh. The auditor's qualified opinion points to a doubtful advance that dwarfs the company's entire income.

AMITINT Micro cap 8:26 PM
5
Credit · Steel & Iron Products

Moody's lifts Tata Steel to Baa2 on sovereign-linkage tweak, not business change

The upgrade reflects a revised methodology for rating parent support, not a shift in Tata Steel's own credit profile. The change affects multiple large Indian corporates.

TATASTEEL Mega cap 8:26 PM
6
Earnings · Finance - Investment

Radiant Cash profit falls 65% on Aceware fraud loss

A ₹3.13 crore exceptional loss from a subsidiary fraud drove the earnings decline, overshadowing a generous final dividend.

RADIANTCMS Micro cap 8:26 PM
6
Earnings · Finance - Investment

JM Financial's profit jumps 55% to ₹1,201 cr on fee growth

Fee and brokerage income drove the surge. The board is returning ₹167 crore to shareholders via dividend.

JMFINANCIL Mid cap 8:25 PM
6
Earnings · Finance - Investment

Keynote Financial profit drops 54% after trading division losses

A Q4 standalone loss of ₹4.30 crore drove the annual decline. The board still declared a ₹1 dividend.

KEYFINSERV Micro cap 8:25 PM
6
Concalls · Aviation

IndiGo shelves widebody plan, triples FX hedging to $3bn

The airline is walking back its A350 order expansion and tripling its foreign exchange hedging target to $3 billion after currency moves hit the Q4 numbers.

INDIGO Mega cap 8:24 PM
5
Earnings · Electric Equipment

RMC Switchgears grew revenue 26% but profit fell 27% in FY26

A ₹401.59 crore top line came with a ₹22.42 crore net profit, a sharp margin squeeze for the nano-cap.

RMC Micro cap 8:24 PM
7
Shipping

Transworld sells sixth ship to Avana for $5.7M

The nano-cap is converting its fleet into cash, selling the sixth vessel to the same buyer since March.

TRANSWORLD Micro cap 8:24 PM
6
Earnings · Finance - NBFC

ACME Resources carries a tax bill bigger than its market cap

The statutory auditor flagged **₹90+ crore** in unresolved income tax demands across several years. The company's market value is **₹82 crore**.

ACME Micro cap 8:23 PM
6
Earnings · Professional Services

Kaarya's auditor won't stand behind its ₹2 cr profit. There's a ₹7.58 cr GST hole.

A qualified audit opinion says Kaarya Facilities understated interest costs on unpaid GST and hasn't provided for staff gratuity. The company's entire market cap is ₹26 crore.

KAARYAFSL Micro cap 8:23 PM
6
Earnings · Electric Equipment

Mangal Compusolution posts 35% revenue growth, declares its first dividend post-IPO

The nano-cap IT equipment firm reported ₹34.02 cr in revenue and a ₹0.50 per share final dividend for FY26.

MANGALCOMP Micro cap 8:23 PM
6
Earnings · Agriculture

Times Green Energy raises ₹30 cr debt, more than its market cap

The nano-cap is issuing 48-month NCDs at an 18% coupon to fund a pivot into agricultural commodity trading.

TIMESGREEN Micro cap 8:22 PM
6
Earnings · Textile - Spinning

Indian Acrylics' auditor flags going-concern risk as net worth turns negative

Full-year revenue fell 26% to ₹230 cr, but the core issue is a balance sheet with negative net worth of ₹147.68 cr. The auditor's warning questions the company's ability to survive the next year.

INDIANACRY Micro cap 8:22 PM
6
Earnings · Professional Services

DroneAcharya's profit swing rests on a 57% revenue collapse.

The company turned a ₹13.47 crore loss into a ₹37 lakh profit. The top line shrank to ₹14.67 crore.

DRONACHRYA Micro cap 8:20 PM
7
Sugar

Indian Sucrose can't close its books. Auditors need more time.

The nano-cap sugar maker has pushed its annual results to June 5 after management and auditors flagged reconciliation issues. The trading window is closed until then.

OSWALSUG Micro cap 8:19 PM
5
Earnings · Rubber Products

Rex Sealing revenue climbs 9.7% but profit slips on higher costs

Top-line growth to ₹38.19 cr in FY26 was not enough to prevent a 6.6% drop in net profit as employee and operational expenses rose.

REXSEAL Micro cap 8:18 PM
6
Earnings · Banks

Haryana Financial Corporation posts a profit. The state is closing it down.

A ₹7.73 cr profit in the final year of operations. Auditors flag going-concern risk as liquidation begins.

HARAFIN Small cap 8:18 PM
5
Earnings · Chemicals

Seya Industries posts ₹287 lakh loss with zero revenue as insolvency drags on

FY26 results for the insolvent chemical company are a procedural formality. Operations remain shut.

SEYAIND Micro cap 8:18 PM
6
Earnings · Pharmaceuticals

Concord Biotech profit drops 30% on 11% revenue fall

FY26 net profit fell to ₹259.23 crore as total income contracted, ending a growth streak. The board has proposed a ₹7.55 per share dividend.

CONCORDBIO Mid cap 8:17 PM
6
Laminates/Decoratives

Deco-Mica loses two directors for missing every board meeting for a year.

Gunjan Pandya and Nupur Modi never attended a meeting in 12 months, triggering a forced exit under the Companies Act. For a ₹26 cr market-cap firm, two simultaneous departures for negligence is unusual.

DECOMIC Micro cap 8:16 PM
6
Earnings · Edible Oil

Yashhtej profit climbs 18% even as revenue shrinks, post-IPO equity base dilutes EPS

The February 2026 listing swelled reserves to over ₹90 crore but cut basic EPS from ₹14.17 to ₹7.94. New solar and manufacturing projects are now generating initial revenue.

YASHHTEJ Micro cap 8:15 PM
6
Earnings · Finance - NBFC

GK Consultants' annual profit masks a ₹54 lakh Q4 wipeout

Revenue doubled to ₹1.33 crore for the full year, but the final quarter swung to a deep loss. The annual audit is clean.

GKCONS Micro cap 8:15 PM
6
Earnings · Auto Ancillary

Lumax Auto profit surges 47% to ₹337 cr, buys out last FAE stake

Full-year earnings grew faster than sales, suggesting tighter cost control. The board also bought the remaining 16% of its oxygen-sensor subsidiary for ₹1.92 crore.

LUMAXTECH Mid cap 8:14 PM