Tipsheet
What matters at India’s listed companies
Archive / Page 169

Notes archive.

Wed · 27 May
6
Earnings · Plastic Products

Dhabriya targets 30% annual growth and is spending ₹100 cr to get there.

The company’s ₹174 crore order book gives it two years of visibility, but the WPC door launch is delayed and working capital is rising.

DHABRIYA Micro cap 4:41 PM
6
Earnings · Plastic Products

Emmbi posts record ₹532.4 cr revenue as exports surge 28%

Export sales drove a record year. Full-year profit climbed 27% and Q4 profit jumped 65%.

EMMBI Micro cap 4:40 PM
5
Earnings · Chemicals

Tecil Chemicals reports ₹0 revenue. Again.

The nano-cap's FY26 accounts confirm a business with no top line and a ₹16.46 lakh quarterly loss.

TECILCHEM Micro cap 4:39 PM
6
Earnings · Electric Equipment

HPL posts record Q4, passes ₹1,800 cr annual revenue

The consumer-and-industrial segment grew 25.6% and now makes up 43% of sales, offsetting a weak year in smart metering. Cash profit grew 13.4% even as net profit slipped.

HPL Small cap 4:39 PM
5
Earnings · Chemicals

Tecil Chemicals posts zero revenue again. The losses continue.

Audited results for the year ended March 31 confirm a company with no operations. The unmodified audit opinion adds no new information to a known trend.

TECILCHEM Micro cap 4:37 PM
5
Earnings · Pharmaceuticals

Concord Drugs doubles revenue, auditor flags ₹4.14 cr overdue receivables

Audited FY26 standalone revenue rose to ₹75.85 cr, but the auditor's emphasis of matter on long-overdue receivables is the real story.

CONCORD Micro cap 4:37 PM
6
Earnings · Paper Products

Magnum swings to a loss as auditors can't verify its books

A ₹11.38 cr net loss replaces last year's profit, and auditors have flagged a dozen red flags — from unverifiable assets to an SEBI trading ban on the board.

MAGNUM Micro cap 4:36 PM
6
Earnings · Cement

Star Cement plans ₹600-700 cr capex this year as subsidies drop ₹40-50 cr

Volume growth guidance of 10-12% for FY27 must offset a subsidy cut and near-term coal inflation. New plants are planned for Bihar, Haryana, and Rajasthan.

STARCEMENT Mid cap 4:35 PM
6
Earnings · Engineering - Construction

Kaushalya Infrastructure swings to profit, but the numbers are tiny

The nano-cap builder posted a ₹32.77 lakh consolidated profit after losing ₹533 lakh last year. Revenue rose from a near-zero base.

KAUSHALYA Micro cap 4:35 PM
5
Earnings · Engineering - Construction

Shelter Infra posts FY26 results after board meet

The nano-cap approved its audited numbers and handled routine governance items. The filing adds no new financial data.

SIPL Micro cap 4:33 PM
6
Earnings · Consumer Food

DSM Fresh Foods' IPO cash was spent on Google and Facebook, not HT Media

The company's board approved a deviation report showing IPO proceeds were diverted from the contracted marketing platform and other planned uses.

DSM Micro cap 4:33 PM
8
Order Wins · Auto Ancillary

Varroc locks in record ₹3,289 cr order haul. 65% for EVs.

The single-year win equals 37% of FY26 revenue, giving the auto component maker multi-year earnings visibility with a heavy tilt toward electric vehicles.

VARROC Mid cap 4:32 PM
5
Concalls · Finance - Lending

Vertis Infrastructure Trust outlines FY26 performance, starts listing process

The infrastructure trust reported portfolio expansion and traffic outperformance, but flagged macro headwinds including bitumen costs. A public listing process has begun without a timeline.

VERTIS 4:31 PM
6
Earnings · Pharmaceuticals

Concord Drugs doubled revenue. The auditor flagged ₹4.14 cr with no provision.

Standalone sales surged 105% to ₹75.85 cr in FY26. But the auditor won't sign off on ₹4.14 cr in receivables over two years old.

CONCORD Micro cap 4:31 PM
5
Earnings · Electric Equipment

Engineers India pulls back on order growth guidance

Management cites regional conflict in the Middle East for a cautious outlook on greenfield capex, dropping its previous 10-20% order growth target.

ENGINERSIN Mid cap 4:30 PM
5
Earnings · Consumer Food

Gulshan Polyols targets FY27 revenue of ₹2,600-2,800 crore

The company’s earnings transcript confirms management’s long-term outlook, including a ₹500 crore specialty chemicals project slated for FY28.

GULPOLY Small cap 4:29 PM
6
Earnings · Real Estate

Arkade Developers profit drops to ₹5 cr after one-time impairment

Revenue grew 19% to ₹816 cr, but a ₹182 cr non-cash charge related to a subsidiary demerger wiped out most of the bottom line.

ARKADE Small cap 4:29 PM
7
Restaurants

Neopolitan Pizza signs master franchise deal to enter Maharashtra

The Gujarat-based firm is shifting to a regional management model to scale its footprint in Maharashtra without direct capital expenditure.

NEO Micro cap 4:28 PM
5
Earnings · Media & Entertainment

ACE EduTrend remains stagnant with zero revenue for FY26

The company reported a net loss of ₹1.6 million for the fiscal year, confirming its continued lack of operational activity.

ACEEDU Micro cap 4:27 PM
6
Earnings · Engineering - Construction

Transrail Lighting cuts FY27 growth targets as costs bite

Despite a 30% revenue jump in FY26, management is lowering its outlook for the year ahead due to supply chain bottlenecks and inflation.

TRANSRAILL Mid cap 4:26 PM
5
Earnings · Plastic Products

RDB Rasayans profit rises 28% despite a revenue drop

The chemical company reported a 20.6% decline in annual revenue, but bottom-line growth held firm through expense management and other income.

RDBRL Micro cap 4:26 PM
5
Earnings · Hospital & Healthcare

Suraksha Diagnostic transcript confirms previously issued FY27 guidance

The Q4 and FY26 earnings transcript adds no new material information to the company's previously disclosed financial results and outlook.

SURAKSHA Small cap 4:25 PM
5
Earnings · Media & Entertainment

ACE EduTrend reports zero revenue for FY2026.

The company remains dormant, posting a net loss of ₹1.6 million for the year.

ACEEDU Micro cap 4:25 PM
8
Order Wins · Software Services

One Point One Solutions lands ₹60 cr contract from Piramal Finance

The three-year deal adds to a year of expansion, including a $33.37M acquisition in Latin America and the launch of an AI-first platform.

ONEPOINT Small cap 4:25 PM
5
Railways

Rites signs non-binding MoU with Crisil for infrastructure data

The partnership aims to combine transport consultancy with analytics, but carries no financial commitments or guaranteed revenue for the Navratna PSU.

RITES Mid cap 4:24 PM