Tipsheet
What matters at India’s listed companies
Archive / Page 220

Notes archive.

Mon · 25 May
5
Earnings · Engineering - Construction

Techno Electric's profit growth splits wide, auditor flags ₹88.5 cr receivables again

Standalone profit jumped 26.6%, but consolidated growth slowed to 12%. The auditor's recurring flag on overdue receivables signals a problem that hasn't gone away.

TECHNOE Mid cap 8:37 PM
5
Earnings · Stock Broking

KJMC's standalone profit fell 17%. Its subsidiary is doing the heavy lifting.

Consolidated profit nearly doubled to ₹195.93 lakhs, masking a shrinking standalone business. The dividend stayed flat.

KJMCCORP Micro cap 8:36 PM
6
Earnings · Engineering - Construction

BGR Energy's net loss widens to ₹1,279.8 cr. Auditor flags going-concern risk.

FY26 losses deepened as finance costs on ₹4,500 cr in borrowings surged. The board is now preparing a rights issue to restructure its negative balance sheet.

BGRENERGY Small cap 8:35 PM
6
Earnings · IT - Software

Space Incubatrics auditor says it can't pay its bills

Qualified opinion cites defaults of ₹2,121 lakh, insolvency filing, and going-concern doubt. The company's equity is just ₹851 lakh.

SPACEINCUBA Micro cap 8:35 PM
5
Earnings · Trading

Lexoraa's audited FY26 results add nothing new. The numbers were already public.

A nano-cap's formal filing matches its prior disclosure exactly. The audit is clean, but the information is stale.

LEXORAA Micro cap 8:34 PM
5
Earnings · Edible Oil

Sanwaria's auditor flags ₹285 lakh error. Liquidation is now the plan.

Audited results show zero revenue, ongoing losses, and a qualified audit opinion. The insolvency process has ended with a recommendation to liquidate.

SANWARIA Micro cap 8:33 PM
6
Earnings · Engineering - Industrial Equipments

Uniparts profit jumps 81% as margins widen to 14%

Standalone net profit hit ₹1,502 million on a 25% revenue rise, with operating margins improving from 9.5% to 14%. Consolidated profit grew 80%.

UNIPARTS Small cap 8:33 PM
8
Real Estate

Brigade locks ₹850 cr Hyderabad deal, 14% of last year's revenue

The 5.6-acre residential project in Kompally is a binding JDA. It adds to the ₹5,000 cr Hyderabad bet Brigade is placing.

BRIGADE Mid cap 8:32 PM
5
Earnings · Logistics

Glottis Q4 profit rises from Q3, but revenue drops on Middle East disruption

The company's fourth-quarter results show a sequential profit improvement, but top-line pressure from geopolitical issues persists through the fiscal year.

GLOTTIS Micro cap 8:30 PM
6
Earnings · Trading

Lexoraa Industries posts first profit after a year of zero revenue

A nano-cap's stock-in-trade business generated ₹1,576.53 lakhs in its inaugural year, swinging the company to a net profit of ₹2.21 lakhs.

LEXORAA Micro cap 8:29 PM
6
Earnings · Steel Pipes

Man Industries posts ₹196 cr profit, enters FY27 with ₹3,000 cr order book

FY26 standalone profit jumped 43%, revenue grew 11%. The new order book equals 87% of last year's revenue.

MANINDS Small cap 8:28 PM
5
Earnings · Electronics

Containe's auditor flags unbilled revenue nearly equal to its annual sales

Full-year revenue rose 56% to ₹239.63 lakhs, but the auditor's note on ₹210.15 lakhs in unbilled work overshadows the growth story.

CONTAINE Micro cap 8:28 PM
6
Earnings · Engineering - Construction

BGR Energy's FY26 loss widens to ₹1,279.8 cr. Auditor flags going-concern.

The statutory auditor has flagged material uncertainty over the company's ability to continue. The board is doubling authorised capital to pursue a rights issue while insolvency proceedings are stayed.

BGRENERGY Small cap 8:27 PM
5
Earnings · Diagnostics

Krsnaa Diagnostics posts FY26 profit of ₹102.7 cr but the numbers are stale

The audited results disclose no new information beyond what the exchange already has. A ₹62.7 crore tax demand remains unresolved.

KRSNAA Small cap 8:27 PM
5
Earnings · Engineering - Industrial Equipments

Nesco FY26 results show steady growth in line with expectations

The company posted a 27% rise in revenue to ₹932 crore and a 10% gain in PAT, with no material surprises in the audited annual report.

NESCO Mid cap 8:24 PM
6
Earnings · Stock Broking

TruCap defaults on all ₹200 cr debt. Its auditor doubts it will survive.

The NBFC's annual results show a net loss of ₹110 cr, a 57% income slump, and a going-concern qualification from its statutory auditor.

TRU Micro cap 8:23 PM
5
Earnings · Batteries

Amara Raja posts 16% Q4 revenue growth, recommends ₹5.2 dividend

Q4 FY26 revenue up 16% year-on-year, full-year growth at 9%. The company recommends a final dividend of ₹5.2 per share.

ARE&M Mid cap 8:22 PM
5
Earnings · Paper Products

B&A Packaging profit drops 28% even as sales climb 8.5%

Annual profit slid to ₹7.06 crore despite revenue rising to ₹142.19 crore. The company has not explained the margin hit.

BAPACK Micro cap 8:21 PM
5
Earnings · Auto Ancillary

Rane (Madras) Q4 call transcript adds nothing new

The May 18 transcript rehashes the earnings call summary already disclosed. No new financial data or guidance was presented.

RML Small cap 8:18 PM
6
Earnings · Real Estate

Mega Nirman's revenue doubled to ₹147.94 cr on a new infra business

The new infrastructure segment turned profitable in its first full quarter, contributing ₹12.98 cr in revenue. The balance sheet swelled with ₹306.83 cr in capital work-in-progress.

MNIL Micro cap 8:17 PM
5
Earnings · Stock Broking

KJMC's core profit fell 17%. Its subsidiaries made up the difference.

The standalone Indian advisory business shrank in FY24. A jump in subsidiary earnings pushed the consolidated net profit up to ₹195.93 lakhs.

KJMCCORP Micro cap 8:15 PM
6
Earnings · Real Estate

Mega Nirman's infrastructure pivot is finally paying bills

Full-year revenue more than doubled to ₹14.79 crore, with the new infrastructure business turning profitable in its first quarter of reporting.

MNIL Micro cap 8:15 PM
7
Power Generation

NLC India enters nuclear power via JV with NPCIL

A non-binding pact to build 700 MW reactors widens the state miner's clean-energy push, though financial terms remain undisclosed.

NLCINDIA Large cap 8:14 PM
6
Earnings · Diagnostics

Krsnaa's profit is up 24% but it's hiding a ₹63 crore tax demand.

Standalone net profit rose to ₹102.7 crore, but ₹25.9 crore of that was a one-off investment revaluation. Auditors also flagged a ₹62.7 crore tax claim.

KRSNAA Small cap 8:13 PM
5
Earnings · Water Management

Denta Water's FY26 numbers confirm the guidance cut it already made

Audited revenue of ₹250.38 cr and profit of ₹60.9 cr are in line with the lower bar management set earlier. No surprise.

DENTA Micro cap 8:11 PM