Tipsheet
What matters at India’s listed companies
Archive / Page 233

Notes archive.

Mon · 25 May
6
Earnings · Transmission Towers & Equipments

Modern Malleables revenue tripled to ₹150.9 crore in FY26.

Power and telecom segments drove a tripling of annual revenue and a doubling of profit. The March quarter alone delivered over a third of the year's total sales.

MODERNMAL Micro cap 4:32 PM
8
Textile - Spinning

Trident's CFO quits with three weeks' notice and no successor lined up

Avneesh Barua, the finance chief at the mid-cap conglomerate, has resigned for personal reasons, leaving a key managerial role vacant on May 29.

TRIDENT Mid cap 4:32 PM
5
Earnings · Retailing

Bhatia Communications posts 33.6% revenue growth, but profit can't keep up

FY26 revenue surged to ₹591.42 crore, but net profit grew at a slower 21.3% clip, signalling margin pressure as the retail business scales.

BHATIA Micro cap 4:32 PM
6
Concalls · Railways

Ircon cuts FY27 revenue guidance to ₹9,500 cr as margins stay thin

The guidance drops from a ₹10,000-11,000 cr range to match a down FY26. Core EBITDA margins have fallen to 4% from a historical 6-7%.

IRCON Mid cap 4:32 PM
6
Earnings · Paper Products

String Metaverse's profit nearly triples to ₹102.5 cr on gaming and HFT surge

Consolidated revenue more than doubled to ₹1,069 crore for the year. Auditors issued a clean opinion, and a first-time insider-trading breach was disclosed.

META Micro cap 4:31 PM
6
Order Wins · Defence

BEL adds ₹608 cr in orders. That's a normal week.

The defense PSU disclosed ₹608 crore in new orders since May 5. It's about 2.2% of annual revenue, part of its regular reporting cadence.

BEL Mega cap 4:31 PM
6
Earnings · Plastic Products

All Time Plastics can't pass on 22% cost rises. It's pausing expansion.

Customers will absorb only a fraction of the raw-material price hike, guaranteeing a Q1 margin hit. The company has shelved capacity growth pending demand.

ALLTIME Small cap 4:31 PM
5
Trading

STC India can't hold its board meeting. It doesn't have enough directors.

A listed company with only 2 directors is short of the minimum 4 needed to approve its annual results. The stock is already under a going-concern warning.

STCINDIA Micro cap 4:18 PM
5
Earnings · Chemicals

Kanoria Chemicals files FY26 results. No numbers inside.

The board approved audited annual results, but the filing itself contains no financial data. A dividend was skipped.

KANORICHEM Micro cap 4:17 PM
6
Earnings · Hotels & Restaurants

Viceroy Hotels cuts F&B revenue target, delays convention center by three months

Q4 revenue grew 35% but management revised its food-and-beverage outlook down and pushed back its convention center timeline to FY27.

VHLTD Micro cap 4:16 PM
6
Earnings · Retailing

Bhatia's Q4 revenue grew 64%. Full-year profit growth couldn't keep up.

The retailer's top-line accelerated in the final quarter, but the gap between sales and profit widened.

BHATIA Micro cap 4:16 PM
7
Textile

SBC Exports plans to turn promoter loans into equity

The board will consider a preferential allotment on May 29 to convert debt into shares, a move that will dilute existing holders. The market cap is ₹1,513 crore.

SBC Small cap 4:16 PM
6
Earnings · Fertilizers

GSFC hits ₹2,622 cr in Q4 sales, but flags monsoon risk

Record quarterly revenue and a 24% jump in full-year operating profit mask a cautious outlook for the start of FY27.

GSFC Mid cap 4:15 PM
5
Earnings · Business Support

UTL Industries posts profit, but annual revenue is just ₹27 lakhs

The nano-cap turned ₹5.78 lakhs in profit on revenue of ₹26.84 lakhs. The numbers are real but tiny, and the market already knew them.

UTLINDS Micro cap 4:14 PM
5
Earnings · IT - Education

BITS profit triples, but the news is already in the price

Standalone profit before tax jumped from ₹21.20 lakhs to ₹66.92 lakhs. The market saw these numbers months ago.

BITS Micro cap 4:13 PM
6
Earnings · Paper Products

String Metaverse revenue doubles to ₹1,069 cr as gaming and HFT scale

Net profit nearly tripled on strong gaming and HFT momentum. The board also flagged a first-time insider trading violation.

META Micro cap 4:12 PM
6
Earnings · IT - Education

BITS profit triples to ₹66.92 lakhs on 30% revenue growth

The nano-cap's standalone PBT jumped from ₹21.20 lakhs last year. Cash reserves grew to more than half of annual revenue.

BITS Micro cap 4:07 PM
6
Earnings · Engineering - Construction

Gayatri Highways auditor flags ₹49.46 cr impairment risk, loan default

The statutory auditor qualified the FY26 accounts over unaddressed impairments in two road assets and a ₹50.15 cr term loan default. Standalone profit came from one-off write-backs.

GAYAHWS Micro cap 4:06 PM
6
Earnings · Engineering - Construction

Nirlon's profit jumps 59% on tax write-back, occupancy stays near full

The commercial real estate firm's bottom line got a one-off boost from a deferred tax reversal, masking slower underlying income growth.

NIRLON Mid cap 4:06 PM
5
Earnings · Real Estate

Radhe Developers' FY26 results: a formal repeat of prior disclosure

The board's approval of audited standalone results for Q4 and FY2026 is a procedural confirmation of numbers already disclosed. The market has likely priced in the performance.

RADHEDE Micro cap 4:04 PM
6
Earnings · Trading

Taparia posts 24% profit growth and a 350% final dividend

Net profit reached ₹151.5 crore on ₹1,023 crore revenue. The ₹35 per-share final dividend is massive relative to the company's ₹42 crore market cap.

TAPARIA Micro cap 4:04 PM
5
Earnings · Hospital & Healthcare

Star Imaging's FY26 revenue is flat at ₹50 cr. Profit barely moved.

The nano-cap diagnostics firm reported near-identical results to last year. Revenue held at ₹5,002.53 lakhs, net profit inched up 2%.

STARIMAGIN Micro cap 4:03 PM
6
Earnings · Sugar

Balrampur Chini misses sugar crush target, sticks to ₹3,080 cr PLA bet

India's first polylactic acid plant is on track for a Q3 commissioning, but core sugar and ethanol operations are under pressure.

BALRAMCHIN Mid cap 4:03 PM
5
Earnings · Mining & Minerals

RAW Edge's FY26 revenue shrinks 20% despite a narrower loss

Annual revenue fell to ₹35.79 crore, but the net loss narrowed thanks to a one-off gain. The company turned profitable in the final quarter.

RAWEDGE Micro cap 4:02 PM
5
Earnings · Trading

AMS Polymers grows revenue 8.5% but profit stays flat

Costs rose in lockstep with sales at the nano-cap polymer company, leaving the bottom line unchanged.

AMS Micro cap 4:02 PM