Tipsheet
What matters at India’s listed companies
Archive / Page 137

Notes archive.

Fri · 29 May
5
Earnings · Miscellaneous

Triliance Polymers: two years of zero revenue, no plan to change that

The nano-cap's entire income of ₹53.57 lakh comes from non-operating sources. Net profit fell to ₹23.23 lakh.

TRILIANCE Micro cap 8:14 PM
5
Earnings · Electric Equipment

Accord Transformer's first results since listing: profit down 24%, IPO cash idle

The nano-cap's first full-year results show revenue fell 11% and 80% of the ₹25.59 crore IPO raise remains unspent.

ACCORDTS Micro cap 8:13 PM
6
Earnings · Finance - NBFC

Quest Capital's ₹23.5 cr profit erased by a ₹343.3 cr portfolio swing

A paper loss on the investment book turned a profit into a total loss for the year.

QUESTCAP Micro cap 8:13 PM
6
Earnings · Trading

Sinnar Bidi's quarterly loss quintuples even as sales grow

The bidi maker's net loss widened to ₹36.88 lakh in Q4 as trade receivables swelled, straining its nano-cap balance sheet.

SINNAR Micro cap 8:13 PM
5
Earnings · Trading

AA Plus Tradelink's revenue collapsed 60% in FY26

Audited results for the nano-cap confirm a business less than half its prior scale, with profit following the top-line down.

AAPLUSTRAD Micro cap 8:12 PM
6
Earnings · Real Estate

Real Eco-Energy's debt is three times its market cap. The profit is gone.

Full-year profit fell 44%. Borrowings jumped fourfold to ₹18.46 cr to fund long-term loans and advances.

REALECO Micro cap 8:12 PM
5
Earnings · Chemicals

Jubilant Ingrevia's call transcript quantifies a ₹3,500 cr CDMO pipeline

The verbatim Q4/FY26 call transcript provides the peak-revenue estimate for over 100 CDMO opportunities and details a hedge against customer stress.

JUBLINGREA Mid cap 8:11 PM
5
Earnings · Chemicals

ZR2 Bioenergy posts zero revenue, ₹1 cr profit from other income

Nano-cap ZR2 Bioenergy, amid a bioenergy pivot, reports no operational revenue for FY26. The ₹1 crore net profit came entirely from other income, confirming a pre-revenue transition state.

GUJCMDS Micro cap 8:10 PM
6
Earnings · Finance - Investment

IL&FS Investment Managers posts profit, but auditors doubt it can survive

Fee income is gone. The going-concern warning is back for an eighth straight year. The board is paying a dividend anyway.

IVC Micro cap 8:10 PM
6
Earnings · Sugar

Kesar's auditors flag going-concern risk as NCLT hearing looms

FY26 losses narrowed to ₹48 crore but net worth is gone. A June 5 hearing on a ₹69.7 crore insolvency claim is the next test.

KESARENT Micro cap 8:10 PM
6
Earnings · Trading

Vintage Coffee hits full capacity at new plant, eyes ₹550 cr freeze-dried expansion

New 4,500 MTPA capacity is already fully utilized. Management disclosed a ₹300 cr debt plan to fund the next ₹550 cr project.

VINCOFE Small cap 8:09 PM
5
Earnings · Trading

MRP Agro's revenue fell 43% in FY26. The audit opinion was clean.

Consolidated revenue from operations dropped to ₹5,905.93 lakhs from ₹10,392.35 lakhs the prior year. Profit after tax was ₹410.09 lakhs.

MRP Micro cap 8:09 PM
6
Concalls · Engineering

BEW Engineering's 'debt-free' story collapses in one earnings call

Management contradicted itself on debt, exports, and a delayed expansion. EBITDA margin landed at 5.18%.

BEWLTD Micro cap 8:08 PM
5
Earnings · Finance - NBFC

Bengal & Assam posts 11.7% profit growth, recommends ₹50 dividend

Consolidated net profit rose to ₹843.40 crore on revenues of ₹2,495.23 crore. The holding company's results reflect the performance of its JK Group subsidiaries.

BENGALASM Mid cap 8:08 PM
6
Earnings · Real Estate

TARC swings to ₹19 cr profit after ₹231 cr loss

The Delhi-NCR developer crossed completion milestones on key inventory blocks, sending total income to ₹671.74 crore from ₹38.88 crore a year earlier.

TARC Small cap 8:07 PM
6
Earnings · Auto Ancillary

Munjal Showa profit falls 24% as labor costs bite. It's paying out nearly all of it.

A ₹2.20 cr exceptional charge for gratuity updates and higher voluntary retirement costs crushed margins. The board is returning ₹18 cr to shareholders anyway.

MUNJALSHOW Micro cap 8:07 PM
6
Paints

Asian Paints hikes prices 11% to fight a 20% cost squeeze; key capex project delayed

The company has reversed its stance on price hikes as raw-material costs surge. A major integration project is also running 18-24 months late.

ASIANPAINT Mega cap 8:07 PM
6
Earnings · Real Estate

Peninsula Land writes off ₹102 cr JV exposure, posts ₹153.89 cr FY26 loss

The developer took a full impairment on its Hem Infrastructure stake, triggering a clean audit opinion but a deep annual loss.

PENINLAND Micro cap 8:07 PM
5
Earnings · Electric Equipment

RMC Switchgears' profit fell 27% even as revenue grew 26%.

Annual net profit dropped to ₹22.42 crore as the company's final quarter saw revenue and earnings shrink together.

RMC Micro cap 8:06 PM
5
Earnings · Engineering - Industrial Equipments

Aztec Fluids revenue climbs 9%, but profit dips in FY26

Consolidated revenue reached ₹96.53 crore, but net profit slipped to ₹7.41 crore from ₹7.56 crore.

AZTEC Micro cap 8:06 PM
8
Hospital & Healthcare

Broach Lifecare doubles bed capacity with Gujarat health dept approval

A permanent registration certificate allows the Bharuch hospital to scale from 25 to 50 beds, a 100% increase in its operational base.

BROACH Micro cap 8:05 PM
6
Earnings · Textile

Sunil Industries revenue jumped to ₹59.85 cr in Q4 after a weak quarter

A strong sequential rebound led full-year revenue up 28%. The company also replaced its independent director.

SUNILTX Micro cap 8:05 PM
6
Earnings · Finance - Investment

Keynote Financial profit falls 54%. Q4 standalone swings to a ₹4.30 cr loss.

Consolidated net profit for FY26 dropped to ₹6.66 crore. The standalone business turned to a loss in the final quarter.

KEYFINSERV Micro cap 8:05 PM
6
Earnings · Finance - NBFC

Lyons Corporate Market swings to profit on a ₹115 lakh investment gain

A single fair-value swing turned a ₹43 lakh loss into a ₹30 lakh profit. The core business earned roughly ₹12 lakhs.

LYONSCO Micro cap 8:04 PM
5
Earnings · Paints

Indigo Paints will trade margin for market share in FY27

Management accepted a 200-250 bps gross margin hit to chase aggressive volume growth. The revenue target is 24% growth.

INDIGOPNTS Small cap 8:04 PM