Tipsheet
What matters at India’s listed companies
Archive / Page 269

Notes archive.

Thu · 21 May
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
5
Earnings · Chemicals

IVP's FY26 profit jumps 65%, but the news cycle is already over

Audited results confirm a strong year, but the fraud loss that mattered was disclosed months ago. This is a confirmation filing.

IVP Micro cap 6:20 PM
5
Earnings · Trading

South Asian Enterprises narrows FY26 loss on slightly higher revenue

The nano-cap posted a smaller annual loss but at ₹20 cr market cap, the absolute numbers remain negligible. Routine board appointments rounded out the filing.

SAENTER Micro cap 6:19 PM
6
Earnings · Engineering - Industrial Equipments

Alphalogic's profit doubled. Its revenue fell 28%.

A sharp drop in the top line was masked by cost control and a surge in other income, pushing net profit to ₹5.39 crore.

ALPHAIND Micro cap 6:18 PM
5
Earnings · Travel Services

Transcorp's PAT more than doubles; board proposes ₹0.40 dividend

Standalone net profit jumped 110% to ₹6.50 crore in FY26. The board has recommended a final dividend.

TRANSCOR Micro cap 6:17 PM
5
Earnings · Textile - Weaving

Jagjanani Textiles posts FY26 results. Zero revenue, ₹32 lakh loss.

The nano-cap's annual filing is a compliance formality. The company has no operations.

JAGJANANI Micro cap 6:17 PM
5
Earnings · Dyes & Pigments

True Colors' H2 results add no new numbers beyond May filing

A follow-up press release recaps FY26 results but introduces no new financial data or guidance. Revenue and profit figures match the May 18 announcement exactly.

TRUECOLORS Micro cap 6:17 PM
6
Earnings · TV Broadcasting & Software Production

Music Broadcast loss widens to ₹53 cr on 26% revenue slump and second write-down

A ₹49 cr impairment, the second in two years, dragged the net loss wider even as the operating margin inched up on a much smaller revenue base.

RADIOCITY Micro cap 6:16 PM
5
Earnings · Steel Pipes

Welspun Corp revenue up 20% but profit dips on high base

Operating EBITDA margin improves to 15.63%; board recommends ₹5 final dividend for FY26.

WELCORP Large cap 6:14 PM
5
Earnings · Compressors / Pumps

Oswal Pumps transcript confirms 20-25% revenue growth guidance for FY27

Transcript details margin compression to 22-23% and H1 decline, but nothing new beyond prior concall summary.

OSWALPUMPS Small cap 6:14 PM
5
Earnings · Chemicals

Aether's Q4 transcript adds nothing new to prior concall

The detailed record of management commentary was already available; no material surprise.

AETHER Mid cap 6:14 PM
6
Earnings · Hospital & Healthcare

Dr. Agarwal's Health Care lifts PAT 52% on 22% revenue growth

Strong FY26 numbers across the board, but a routine earnings release with an immaterial IPO expense reallocation. Growth was likely guided.

AGARWALEYE Mid cap 6:13 PM
6
Earnings · Bearings

Rolex Rings settles ₹101 cr liability, approves ₹180 cr buyback as tariffs normalize

Q4 FY26 transcript reveals US order recovery from Q1, 50% domestic growth, and margin expansion to 51.5%.

ROLEXRINGS Small cap 6:11 PM
7
Textile - Manmade Fibres

Ganesha Ecosphere scraps Odisha greenfield, expands Warangal unit

Board approves ₹125 cr brownfield expansion instead of building a new plant, lowering execution risk but reducing capacity ambitions.

GANECOS Small cap 6:11 PM
8
Engineering - Industrial Equipments

BCPL Railway bags ₹4.25 cr L1 bid from Eastern Railway

The nano-cap's latest order ~3.4% of market cap adds to order book with government counterparty reducing risk.

BCPL Micro cap 6:08 PM
5
Earnings · Hospital & Healthcare

Dr. Agarwal's Q4 profit jumps 52%, but the numbers were already priced in.

Consolidated PAT hit ₹168 cr in Q4, a 52.4% YoY jump. Total income for the quarter was ₹2,125 cr.

AGARWALEYE Mid cap 6:08 PM
6
Concalls · Engineering - Construction

E2E Transportation revenue jumps 51%; FY27 outlook at 45-50% growth

Alongside its strongest revenue year, the company landed RDSO's SIL-4 approval for the Kavach train safety system—a regulatory edge for future tenders.

E2ERAIL Micro cap 6:05 PM
5
Earnings · Chemicals

SH Kelkar’s FY26 call offered no new numbers after guidance exit

The transcript confirms the shift to quarterly focus and abandonment of long-term margin targets first disclosed last quarter. Investors heard detail on raw materials and capex but no fresh commitments.

SHK Small cap 6:03 PM
6
Earnings · Power Generation

Urja Global's auditor flags ₹46 cr in unverified investments, GST issue

A qualified opinion on FY26 results, management exits, and a pending SEBI notice pile governance pressure on a ₹601-cr micro-cap.

URJA Micro cap 6:03 PM
6
Earnings · TV Broadcasting & Software Production

Music Broadcast net loss widens to ₹53 cr as revenue falls 26%

The radio broadcaster booked a ₹49 cr impairment on non-financial assets, dragging the bottom line.

RADIOCITY Micro cap 6:02 PM
6
Earnings · Finance - Investment

Mufin Green Finance AUM surges 84% to ₹1,541 cr, profit jumps 39% in FY26

Net profit at ₹28.21 cr, gross NPA improves to 1.94%; credit rating upgraded to A- (Stable).

MUFIN Small cap 6:01 PM
6
Concalls · Electric Equipment

Parth Electricals targets 20-30% annual growth, margin expansion

Management laid out a three-year roadmap with 100 bps yearly margin improvement, ₹300 cr capex, and 20-25% export share by FY27, backed by a Reliance data center order.

PARTH Micro cap 6:01 PM
5
Earnings · Textile

Lux Industries' FY26 profit falls 39% despite 14% revenue growth

Audited numbers confirm margin squeeze; final dividend of ₹2 per share recommended.

LUXIND Small cap 6:00 PM
5
Earnings · Textile

Arex Industries' audited FY26 results confirm 44% profit decline

Board approves ₹2.50 per share dividend as revenue slips 3%. The numbers were already guided, but the formal audit removes any ambiguity.

AREXMIS Micro cap 5:55 PM