Tipsheet
What matters at India’s listed companies
Archive / Page 225

Notes archive.

Mon · 25 May
6
Earnings · Tiles & Sanitaryware

Restile Ceramics' auditor doubts its survival; net worth is negative ₹3,172 lakh

FY2026 results carry a qualified going-concern opinion. Net worth remains deeply negative, and management's only plan is a pending merger.

RESTILE Micro cap 6:48 PM
6
Concalls · Chemicals

Anupam Rasayan cuts EBITDA margin guidance by 200 bps, flags consolidation drag

Management now expects an EBITDA margin of 23-24% for FY26, down from 25%, citing the Bliss GVS Pharma consolidation and phasing effects. The ₹14,000 crore order book underpins a 20-30% annual growth outlook.

ANURAS Mid cap 6:48 PM
6
Earnings · Engineering - Industrial Equipments

Shree Refrigerations doubles profit in first year after ₹94.5 cr IPO

The BSE SME-listed engineering firm put its entire IPO capital into a new factory, then posted a 55% revenue jump.

SHREEREF Small cap 6:46 PM
6
Earnings · Engineering - Construction

VSF Projects has zero revenue. The board just cleared the way to issue more shares.

The company's net loss widened to ₹43.22 lakh in FY26. Its only plan is a capital increase that could mean dilution.

VSFPROJ Micro cap 6:46 PM
5
Earnings · Metal - Non Ferrous

Pocl's profit grew 27% in FY26. The filing adds nothing new.

Standalone net profit hit ₹39.61 crore. The annual results were already anticipated, making this a standard disclosure.

POEL Micro cap 6:46 PM
5
Earnings · Consumer Food

Goldcoin Health Foods posts narrower annual loss on higher revenue

The nano-cap food company's net loss shrank to ₹4.52 lacs for FY26 from ₹12.21 lacs a year earlier as revenue grew.

GOLDCOINHF Micro cap 6:46 PM
8
Logistics

Ruchi Infrastructure considers merging two investment firms into itself

A ₹149 cr nano-cap will weigh a scheme of amalgamation for Lennox Investment and Multiace Investment at its May 28 board meeting.

RUCHINFRA Micro cap 6:44 PM
5
Earnings · Plastic Products

National Plastic sticks with ₹1.50 dividend; nothing else new

A routine annual filing for a nano-cap. The payout matches last year's, and the rest is procedural housekeeping.

NATPLASTI Micro cap 6:44 PM
5
Earnings · Real Estate

Atal Realtech's audited FY26 profit surged 83%. The market already knew.

The auditor signed off on a strong year for the nano-cap. But the core numbers were disclosed months ago, leaving this filing as a procedural confirmation.

ATALREAL Micro cap 6:44 PM
5
Earnings · Dyes & Pigments

Shree Pushkar cuts FY27 revenue target by 17%, flags plant delays

Management lowered its revenue guidance to ₹1,250-1,300 crore, down from ₹1,500 crore, and delayed the commissioning of two new units amid raw material cost inflation.

SHREEPUSHK Small cap 6:43 PM
5
Earnings · Textile - Manmade Fibres

Indo Rama posts Q4 results, skips dividend

Audited annual results for FY26 are in. The board approved unmodified accounts and passed on a dividend.

INDORAMA Small cap 6:43 PM
6
Earnings · IT - Software

Melstar posts ₹75 lakh in revenue after years of zero sales

The company under insolvency since 2019 has its first quarter of operations. A qualified audit opinion and a full-year loss of ₹73.71 lakh keep the going-concern question alive.

MELSTAR Micro cap 6:39 PM
6
Earnings · Steel/Sponge /Pig Iron

Rajputana Stainless's first full-year profit rises 25%, declares maiden dividend

The stainless steel maker's first annual results show profit growth outpacing revenue, and its first dividend payout since the March IPO.

RSL Small cap 6:39 PM
5
Earnings · Fertilizers

Phosphate Co. approves FY26 results, declares ₹2 dividend

A standard annual filing. The nano-cap board approved results and a 20% payout, confirming information already in the market.

PHOSPHATE Micro cap 6:39 PM
5
Earnings · Trading

Zuari swings to profit as sugar and ethanol lift results

The micro-cap posted its first annual profit in two years, with standalone net profit at ₹12.14 cr and consolidated at ₹105.78 cr.

ZUARIIND Micro cap 6:38 PM
6
Concalls · Electric Equipment

Suzlon's order book hits 5.9 GW, but it missed its own market-share target.

Record FY26 turbine deliveries and a ₹16,679 cr revenue year, yet management conceded it commissioned only 744 MW against a 1,500 MW target for wind installations.

SUZLON Large cap 6:37 PM
5
Earnings · Plastic Products

National Plastic's profit flat despite 9.8% revenue growth in FY26

Revenue climbed to ₹341.21 crore, but the bottom line barely moved. The board's dividend is the only new move.

NATPLASTI Micro cap 6:37 PM
5
Earnings · Aluminium

Century Extrusions' cash is down to ₹28 lacs after a four-fold capex surge

The aluminium extruder's capacity build-out consumed its liquidity, leaving almost no cushion on hand.

CENTEXT Micro cap 6:36 PM
6
Trading

Rose Merc signs exploration pact with CATS Global for quantum, AI and defence tech

The nano-cap signed a non-binding MoU with three private firms to explore joint projects and potential investments, but no money has changed hands.

ROSEMER Micro cap 6:35 PM
6
Earnings · Miscellaneous

Manor Estates posts zero revenue after shutting its only business

The nano-cap sock manufacturer closed operations permanently, turning last year's ₹59.77 lakh profit into a ₹72.15 lakh loss. Shareholders' funds are negative ₹294.84 lakh.

KARANWO Micro cap 6:35 PM
6
Earnings · Finance - Investment

Anantam is doubling its road portfolio. The deal has to earn its keep.

The trust is buying seven hybrid annuity projects, more than doubling its asset base. Management says the deal is accretive to both distribution per unit and net asset value.

ANANTAM 6:33 PM
5
Earnings · Engineering - Industrial Equipments

Indef profit drops 24% on margin squeeze, revenue up 10.7%

Revenue grew to ₹195.67 crore but cost pressures eroded the bottom line. The ₹2 dividend was held steady.

BAJAJINDEF Micro cap 6:31 PM
6
Earnings · IT - Hardware

Workmates sticks to ₹210 cr FY27 target, says MRR jumped 35% in a quarter

The cloud provider guided for ₹24-25 cr profit on a 45% revenue jump. Its monthly recurring revenue base grew to ₹13.5 cr.

WORKMATES Micro cap 6:31 PM
5
Earnings · Trading

Kemp's operating loss doubled to ₹221.42 lakhs, masked by a property gain

The core business lost more money in FY26, but a large swing in other income delivered a positive total for the year.

KEMP Micro cap 6:31 PM
6
Earnings · Finance - Investment

GCM Capital's auditor flags unregistered NBFC status and ₹641 lakh in stuck advances

The company's own memorandum says it does investment and trading, but it never registered as an NBFC with the RBI. Advances for share purchases remain unresolved.

GCMCAPI Micro cap 6:31 PM