Tipsheet
What matters at India’s listed companies
Archive / Page 268

Notes archive.

Thu · 21 May
6
Earnings · Power Generation

GMR Power profit falls 60% despite ₹1,147 cr Supreme Court win

A long-running legal dispute was settled in the company's favour. But coal-claim adjustments and a standalone loss erased most of the benefit.

GMRP&UI Mid cap 6:34 PM
6
Earnings · Ratings

ICRA raises dividend 75% with special ₹35 payout for its 35th year

A one-off special dividend of ₹35 per share drives the payout to ₹105. Consolidated profit grew, but standalone profit fell on higher staff costs.

ICRA Mid cap 6:34 PM
5
Earnings · Professional Services

Sanghvi Brands' profit drops 92% even as revenue grows 7%

A nano-cap's annual results show a severe margin squeeze. The auditor flagged concerns about subsidiaries with negative net worth.

SBRANDS Micro cap 6:33 PM
5
Earnings · Steel Pipes

Welspun Corp profit slips on high base as revenue climbs 20%

FY26 consolidated net profit falls to ₹1,620 cr from ₹1,902 cr, but operating margins widen and top-line grows.

WELCORP Large cap 6:33 PM
6
Earnings · Chemicals

TGV SRAAC's profit grew 43% even after ₹65 cr depreciation hit

Annual profit from continuing operations rose to ₹132 cr despite a one-off accounting change that added ₹64.6 cr in depreciation.

SREERAYALK Small cap 6:32 PM
6
Concalls · Software Platform

Honasa triples EBITDA, pays first dividend, sets five-year targets.

Q4 revenue rose 28% to ₹682 crore. The company is now setting ambitious five-year targets for growth and margins.

HONASA Mid cap 6:32 PM
6
Earnings · Pharmaceuticals

Kwality Pharma targets ₹850 cr by FY28, bets ₹270 cr on oncology and biosimilars

The company moved its biosimilar focus from Alteplase to Pembrolizumab and set a 30% EBITDA margin target for FY29.

KPL Small cap 6:32 PM
6
Earnings · Steel & Iron Products

Electrotherm's auditor says the books are off by ₹1,066 crore

The company swung to a loss as its auditor qualified the annual results, flagging a massive understatement of liabilities from unprovisioned NPA interest.

ELECTHERM Small cap 6:31 PM
5
Earnings · Consumer Food

Hindustan Foods posts ₹149 cr FY26 profit, up 29% but the script is already known

Full-year results show 16.8% revenue growth and an unmodified audit. A routine filing for a company whose trajectory was already priced in.

HNDFDS Mid cap 6:30 PM
6
Earnings · Dyes & Pigments

Aksharchem's full-year loss wipes out last year's profit on rising revenue.

Revenue grew to ₹372.43 cr, but a full-year net loss of ₹43.86 lakhs replaces last year's ₹477 lakh profit. A deferred-tax credit masked a Q4 operating loss.

AKSHARCHEM Micro cap 6:29 PM
6
Concalls · Cement

JSW Cement misses green target, pushes back cost-savings timeline

Q4 operating EBITDA jumped 46% to ₹365 crore, but management admitted it sourced just 24% of power from green energy instead of the 63% pledged.

JSWCEMENT Mid cap 6:29 PM
6
Earnings · Retailing

Spencer's net worth is minus ₹429 cr. The auditors flagged a going-concern risk.

The retailer's losses narrowed in FY26, but its balance sheet is deep underwater. Auditors cited material uncertainty, relying on promoter support and credit lines to keep operating.

SPENCERS Micro cap 6:28 PM
6
Earnings · Hotels & Restaurants

Samhi swaps Fairfield for Marriott in Sriperumbudur and posts ₹5,665 cr profit

The board approved a larger Marriott-branded hotel and released FY26 audited results showing net profit of ₹5,665 crore, driven by exceptional gains.

SAMHI Small cap 6:27 PM
6
Earnings · Industrial Gases & Fuels

GAIL profit drops 38% as LNG shock and Nagarjuna provision hit

FY26 standalone net profit fell to ₹6,968 crore after a March force majeure cut volumes and a large provision dented earnings.

GAIL Mega cap 6:27 PM
5
Earnings · Chemicals

IVP's FY26 profit jumps 65% as fraud provision is closed

Annual results show revenue up 10.4% to ₹59,455 lakhs. The full ₹613 lakh fraud impact is now booked.

IVP Micro cap 6:27 PM
6
Earnings · Electric Equipment

Carborundum targets 11-12% growth, puts ₹400 cr into semiconductor ceramics

FY27 guidance strips out subsidiaries being wound up. The capex bet is on high-tech materials.

CARBORUNIV Large cap 6:27 PM
5
Earnings · Textile - Weaving

Jagjanani Textiles posts ₹32 lakh loss, zero revenue for FY26

The nano-cap's annual results show no commercial activity. It's the third year in a row the company has reported zero revenue from operations.

JAGJANANI Micro cap 6:24 PM
5
Earnings · Textile

Lux Industries profit drops 39% even as revenue grows 14%

FY26 standalone net profit fell to ₹101.45 crore from ₹166.09 crore a year ago, with margin compression eroding top-line gains. Promoters are waiving their share of the ₹2 dividend.

LUXIND Small cap 6:24 PM
5
Earnings · Dyes & Pigments

Aksharchem posts FY26 net loss; Q4 profit rests on a tax credit

The nano-cap chemical firm swung to a full-year loss of ₹43.86 lakh after profit of ₹477 lakh a year ago. A deferred tax credit masked an operating loss in the final quarter.

AKSHARCHEM Micro cap 6:22 PM
5
Earnings · Pharmaceuticals

Caplin Point posts its Q4 FY26 earnings call transcript.

A routine regulatory filing of a completed event. The transcript adds nothing beyond the live call on May 14.

CAPLIPOINT Mid cap 6:22 PM
6
Earnings · Hospital & Healthcare

Dr. Agarwal's profit jumps 52% on 21% revenue growth

Same-store sales rose 14% as the eye-care chain adds 57 facilities and plans 60 more in FY27.

AGARWALEYE Mid cap 6:22 PM
6
Earnings · Pre Engineered Buildings

Interarch can't build fast enough. A QIP is coming.

The steel-fabrication firm guided for ₹2,150-2,200 crore in FY27 revenue but says capacity, not demand, is the bottleneck. A QIP to fund expansion is planned within two to three months.

INTERARCH Small cap 6:22 PM
6
Concalls · Finance - NBFC

WSFX profit jumps 77% on FY26 revenue. Its new RBI licence opens a $3bn market.

The AD2 licence now covers trade remittances and family maintenance, a market far larger than travel forex. WSFX will use agents, not branches, to reach customers.

WSFX Micro cap 6:22 PM
6
Earnings · Steel & Iron Products

Electrotherm's auditor flags ₹1,066 cr unprovided interest on bad loans

Standalone profit of ₹428.6 cr last year has been invalidated by the auditor. The company swung to a loss and defaulted on payments to asset reconstruction companies.

ELECTHERM Small cap 6:21 PM
5
Earnings · Steel Pipes

Welspun Corp's profit slips 15% even as revenue grows 20%

The pipe maker's annual results meet expectations, with revenue rising on project completions but profit falling against a high base. A final dividend of ₹5 per share is unchanged.

WELCORP Large cap 6:21 PM