Tipsheet
What matters at India’s listed companies
Archive / Page 158

Notes archive.

Fri · 29 May
5
Earnings · Textile - Spinning

Hisar Spinning's Q4 profit dropped 36% despite a full-year rise.

The nano-cap textile maker reported a full-year net profit of ₹3.31 crore, but its final-quarter earnings slipped sharply year-on-year.

HISARSP Micro cap 7:58 PM
5
Earnings · Trading

Manaksia's profit drops on flat margins even as revenue rises

Audited FY26 results show consolidated net profit contracting 9% on a 7% revenue rise. The board reappointed the managing director.

MANAKSIA Micro cap 7:58 PM
6
Earnings · Textile - Spinning

Gujarat Hy-Spin profit falls 51% as revenue shrinks

The nano-cap textile maker's net profit dropped to ₹4.70 lakhs on ₹83.87 crore in revenue, leaving an almost non-existent margin of safety.

GUJHYSPIN Micro cap 7:57 PM
5
Earnings · Engineering - Construction

Nirlon's profit jumped 59% on a tax windfall, not a business boom.

A one-time deferred tax reversal drove net profit to ₹346 crore. The real story is the choice to delay a REIT for tax efficiency.

NIRLON Mid cap 7:57 PM
6
Earnings · Finance - Investment

Triumph International's broker licence is gone. Its auditor can't verify the assets.

Zero revenue, negative net worth, and a qualified opinion over ₹70 crore in doubtful loans. The company has no way to earn.

TRIUMPH IN F Micro cap 7:57 PM
6
Earnings · Trading

Sawaca's revenue halved. Then a single bad quarter ate the whole year.

A **54%** revenue collapse in FY26 was bad. A Q4 loss bigger than the full-year figure is worse.

SAWABUSI Micro cap 7:56 PM
6
Regulatory · Plastic Products

Pankaj Polymers' auditor quits weeks after new owners took control

Luharuka & Associates resigned on May 29, citing prior commitments. The move follows a majority stake acquisition by new promoters via a share purchase and open offer.

PANKAJPO Micro cap 7:56 PM
6
Earnings · Banks

Haryana Financial Corp books ₹7.73 cr profit, then tells auditors it's shutting down.

The state-owned finance firm swung to profit for the first time in years just as auditors warned its own winding-up plan raises survival doubts.

HARAFIN Small cap 7:55 PM
6
Concalls · Airport Management Services

Dreamfolks delays profit to FY28 as lounge revenue halves

A structural reset in India's credit-card lounge market has gutted the core business. Break-even is now a year further away.

DREAMFOLKS Micro cap 7:55 PM
6
Earnings · Finance - NBFC

Leading Leasing's profit hides ₹407 cr the auditor can't trace

The statutory auditor flagged ₹407.55 cr in unconfirmed loans and wrote off ₹40.30 cr to untraceable borrowers. The net profit is ₹18.64 cr.

LLFICL Micro cap 7:54 PM
6
Earnings · Engineering - Construction

Julien Agro's ₹227.84 cr revenue year ends with a Q4 loss and an auditor exit

Annual revenue nearly doubled, but a ₹6.07 cr Q4 loss erased most of the year's profit. Trade receivables now dwarf the company's market cap.

JULIEN Micro cap 7:54 PM
6
Earnings · Tea/Coffee

Neelamalai's profit grew, but its own operations barely contributed

Consolidated net profit rose to ₹29.12 crore, but ₹32.75 crore of that came from associates. Standalone profit was just ₹2.61 crore.

NEAGI Micro cap 7:53 PM
6
Earnings · Pharmaceuticals

Concord Biotech profit falls 30% as revenue shrinks in FY26

Consolidated net profit dropped to ₹259.22 crore from ₹371.64 crore. Revenue from operations contracted 12%.

CONCORDBIO Mid cap 7:53 PM
7
Plastic Products

Shree Tirupati Balajee puts ₹4.09 cr on the line for its material subsidiary

The nano-cap company is backing a Bank of Baroda loan for Jagannath Plastics, with the promoter's involvement adding a related-party angle.

BALAJEE Micro cap 7:53 PM
6
Earnings · Pesticides

Phyto Chem's ₹6.22 cr NCLT claim is 68% of its annual revenue.

The nano-cap reported a net loss of ₹1.80 crore on revenue that fell 36% to ₹9.07 crore. A separate insolvency claim against a debtor now equals two-thirds of its top line.

PHYTO Micro cap 7:52 PM
5
Earnings · Finance - NBFC

Kreon Financial posts FY26 results, approves related-party deals

The board signed off on the year-end audit and a set of material related-party transactions for the nano-cap lender.

KREONFIN Micro cap 7:51 PM
6
Concalls · Electric Equipment

Inox Green missed its ₹5,000 cr revenue target. Now it's hiding MW numbers.

Management blamed supply-chain disruptions for a ₹400 cr FY26 miss. It then refused to disclose the operational metrics used to track the business.

INOXGREEN Mid cap 7:50 PM
6
Earnings · Pharmaceuticals

Lasa's factory burned down. Its auditors don't trust its books.

Revenue fell 82% to ₹25 cr after an uninsured fire shut the main plant. A ₹38 cr GST demand now equals the company's market cap.

LASA Micro cap 7:50 PM
6
Earnings · Textile

Parmeshwari Silk profit grows 14% but auditors can't verify the inventory

FY26 net profit rose to ₹8.62 crore on modest revenue growth. The auditor issued a clean opinion but stressed it relied on management for inventory values.

PARMSILK Micro cap 7:50 PM
6
Earnings · Textile

SPL Industries' revenue halved in FY26. Q4 profit rose, but the year was a write-off.

The textile maker's full-year revenue fell 50% to ₹69.54 crore. A Q4 profit lift masks an annual top-line collapse for the nano-cap.

SPLIL Micro cap 7:50 PM
6
Earnings · Fertilizers

Teesta Agro's annual profit rises 21%, but Q4 revenue slips

Full-year revenue and profit both grew over 20%, but the final quarter saw a sharp reversal with revenue falling 17% year-on-year.

TEEAI Micro cap 7:50 PM
5
Earnings · Stock Broking

GCM Securities made no money from its business. Its losses narrowed anyway.

Audited results for FY26 show the firm's only income came from interest, not its securities business. The net loss shrank but operations remain dormant.

GCMSECU Micro cap 7:49 PM
6
Earnings · Trading

Gujarat Cotex's revenue grew 41%. A ₹79.64 lakh write-off did the profit in.

Annual sales surged to ₹38.44 crore on a push into agricultural trading. But the bottom line shrank to ₹10.22 lakh after a final-quarter bad-debt hit.

GUJCOTEX Micro cap 7:48 PM
6
Earnings · Fertilizers

Basant Agro's profit nearly doubles in Q4 on strong fertiliser sales

Quarterly net profit jumped to ₹2.21 crore as revenue rose 23%. For the full year, profit grew 68%.

BASANTGL Micro cap 7:47 PM
6
Earnings · Textile - Spinning

Pasari Spinning's auditor flags going-concern risk as CFO refuses to sign results

A court order forced the company out of its main premises in January, wiping out rental income. Statutory auditors now doubt its survival, and the CFO won't sign off.

PASARI Micro cap 7:47 PM