Notes archive.
Stove Kraft builds a China beachhead with JV for cookware metal
The cookware maker is setting up a trading subsidiary and a 50:50 manufacturing JV to source triply steel directly, a backward integration play for its growing supply chain.
Inter State Oil's full-year profit jumps 68%, but Q4 did the heavy lifting
A Q4 net profit of ₹120.90 lakh accounts for the vast majority of FY26's earnings, masking a sluggish start to the year.
Sanwaria's FY26 revenue is ₹0. Insolvency drags on.
Six years in, the nano-cap's annual filing is pure compliance. The numbers confirm a shuttered business with no operational activity.
Sanstar board meets May 28 to decide on equity raise
The ₹2,125 cr market-cap company will weigh a private placement, QIP, rights issue, or preferential allotment. No size or terms disclosed yet.
RVNL's FY26 profit falls 33%; auditor flags ₹1,116 cr KRCL receivable
Final audited numbers confirm the standalone profit drop. The auditor's emphasis of matter on the KRCL dues remains unresolved.
Zuari Industries' board signs off on FY26 profit. The market saw it weeks ago.
A formal approval of already-disclosed results. The consolidated profit swing to ₹105.78 cr was known.
Unisem's auditor qualifies the books over unpaid MSME interest
The statutory auditor flagged non-provision of interest on small-vendor payments, even as profit grew 24% to ₹5.30 crore.
Melstar files Q4 results. Nothing changes: ₹75 lakh revenue, insolvency since 2019.
Audited numbers confirm what was already known: a nano-cap with negligible revenue and a persistent going-concern flag.
Mobavenue logs 42% revenue growth, sets 30% annual target
Q4 revenue hit ₹62.6 cr with EBITDA at ₹13.3 cr. Management detailed a 'Rule of 50' framework for 30% annual growth with margins above 20%.
Awfis cuts FY27 seat growth by a third, closes 8,000 seats it never mentioned before
The operator is pivoting from volume to value. It guided for 22,000–25,000 new seats in FY27, down from 30,000 added this year, and quietly exited 8,000 seats.
Shantai Industries' revenue halved. Then it paid off all its debt.
The company swung to a net loss on revenue that fell from ₹20.25 cr to ₹9.81 cr. It used the cash to fully retire ₹2.90 cr in borrowings.
Narmada Agrobase floats a stock split. No ratio, no timeline.
The board will consider splitting shares, but the filing omits every detail that would make it actionable. Market cap is ₹143 cr.
Indo Rama posts ₹150 cr profit after making ₹1.4 cr a year ago
Cost cuts and better markets turned a near-zero profit into a genuine earnings year. Revenue rose 14.9% to ₹4,929 crore.
Thrive Future Habitats loss widens to ₹97 lakhs as revenue shrinks
A ₹44.66 crore preferential issue wiped out all debt and left the company with over ₹22 crore in cash, but operations shrank badly.
Bharat Bhushan posts a profit for the first time in years. Then it cut the dividend.
The nano-cap swung from a ₹12.96 lakh loss to an ₹8.71 lakh profit, but the board trimmed the payout to ₹0.40 a share.
Dhunseri Tea's annual profit tripled. Then Q4 lost ₹33 crore.
Full-year PAT of ₹590 lakhs is a net figure. A ₹3,293 lakh quarterly loss wiped out the prior nine months.
Cosmic CRF's subsidiaries now drive the earnings story
Consolidated profit jumped 74% to ₹50.6 crore, dwarfing the 43% standalone gain. The gap is the news.
Welspun Corp files its earnings call transcript. It's the same story.
The May 22 transcript is a compliance filing. It contains nothing new beyond the prior summary.
Facor Alloys posts ₹14.8 cr loss, plans pivot to freight terminals
The ferro-alloys maker's plant has been shut since October 2023. Its auditor has flagged a going-concern warning.
LG India's Ranjangaon incentive rises 25% to ₹881.86 cr
A routine addenda boosts the state subsidy by ₹176 crore. For a ₹1 lakh crore market cap, it's minor. For the plant, it's 15 years of steady cash flow.
Williamson Financial: zero revenue, negative net worth, auditor flags survival risk
FY2026 results show a company with no revenue, a fully eroded balance sheet, and an auditor's qualified opinion on its ability to continue.
Pocl's FY26 results are in. They match expectations.
The annual filing is a procedural update. A 40% dividend is recommended, and preferential-issue proceeds were used as planned.
Sundaram Finance profit up 19%, dividend steady at ₹40
Standalone PAT of ₹1,834 crore on 18% revenue growth. Gross bad loans stable at 1.44%. Routine numbers for a steady business.
Indef Manufacturing posts ₹26 cr profit, down 24% on margin squeeze
Revenue grew 10.7% but couldn't offset cost pressures. The dividend stayed flat at ₹2 per share.
Royal Orchid's profit rises but audit flags a litigation issue
Standalone net profit jumps on a one-off reversal, but consolidated earnings fall on higher lease costs and a qualified opinion at an associate.