Tipsheet
What matters at India’s listed companies
Archive / Page 55

Notes archive.

Thu · 18 Jun
5
Order Wins · Ratings

CRISIL wins ₹40 cr tax order; impact is a rounding error

CIT(A) allows appeal for AY 2014-15 TDS dispute. Relief of ₹40.23 crore is just 0.13% of market cap — a legal win with no material financial effect.

CRISIL Large cap 10:32 PM
7
Aquaculture

Zeal Aqua lands third ECLGS loan in weeks, ₹10.88 cr from PNB

The nano-cap shrimp exporter has now tapped Bank of India, Indian Bank and PNB, piling up near-₹30 cr in government-guaranteed credit in under a month.

ZEAL Micro cap 10:28 PM
8
Credit · Pre Engineered Buildings

Pennar promoter pledges 2.35% stake for personal loan, first-ever encumbrance

Aditya Rao pledges 31.73 lakh shares to Bajaj Finance, pushing total promoter pledging to 3.46% of equity. The move comes as the warrant allotment to Pennar Holdings goes through as a routine step.

PENIND Small cap 10:13 PM
5
Earnings · Consumer Food

Anik Industries posts Q4 loss of ₹53.57 lakhs as revenue shrinks

Standalone revenue fell to ₹803.90 lakhs from ₹4,874.34 lakhs a year ago. Full-year consolidated net loss of ₹93.54 lakhs vs profit of ₹303.96 lakhs.

ANIKINDS Micro cap 8:55 PM
6
Earnings · Textile

Candour Techtex logs ₹146.89 lakh loss, pivots to defense, aerospace

Revenue fell 69% to ₹5,812.93 lakh in FY26. Board seeks shareholder nod to add naval and aerospace lines at July 22 EGM.

CANDOUR Micro cap 8:54 PM
6
Earnings · Textile

Candour Techtex posts loss in FY26, pivots to defense and aerospace

Net loss of ₹146.89 lakh vs profit of ₹67.28 lakh a year ago; revenue drops 69% to ₹5,812.93 lakh. Board proposes MOA change to include naval/defense shipbuilding and aerospace engineering.

CANDOUR Micro cap 8:44 PM
5
Earnings · Retailing

Chandni Machines FY26 revenue shrinks as trading halts; board pivots to shipbuilding

Revenue drops to ₹2,597.46 lakhs from ₹20,098.62 lakhs; net profit falls to ₹73.12 lakhs. Board adds shipbuilding and naval defence to object clause after ₹41-crore preferential allotment.

CHANDNIMACH Micro cap 8:43 PM
6
Earnings · Retailing

Chandni Machines swaps trading for shipbuilding after revenue collapses 87%

FY26 revenue fell to ₹2,597.46 lakhs from ₹20,098.62 lakhs as trading halted; board moves to add manufacturing, shipbuilding, and naval defense to MOA. Shareholder vote on July 23.

CHANDNIMACH Micro cap 8:42 PM
8
Order Wins · Aluminium

Om Metallogic lands ₹18.81 cr order worth 94% of market cap

A single contract from Oswal Castings for 476,350 kg of aluminium alloy ingot equals about a quarter of the nano-cap's annual revenue.

OML Micro cap 8:40 PM
5
Trading

Vintage Coffee flags 14-day annual plant shutdown

Scheduled maintenance at wholly owned subsidiary from June 19 to July 2; Delecto Foods runs as usual. No material impact expected.

VINCOFE Small cap 8:40 PM
7
EMS

Amber Enterprises signs Oppo to make phones for OnePlus, Realme

No upfront investment required. Amber pairs its manufacturing scale with Oppo's product expertise in a deal that opens a new vertical.

AMBER Large cap 8:38 PM
5
Earnings · Finance - Investment

Salasar's audited profit jumps to ₹18.44 crore

Consolidated net profit rose to ₹18.44 crore, revenue more than doubled to ₹112.37 crore. The audit adds a clean opinion; the market already had these numbers.

SALSAIN Micro cap 8:37 PM
6
Credit · IT - Software

Magellanic Cloud plans preferential issue, size under wraps

Board to meet June 25 to consider issuing equity or convertible warrants. Trading window closed. No pricing or quantum disclosed yet.

MCLOUD Small cap 7:50 PM
7
Entertainment Parks

Imagicaaworld forced to shut water park as dams run dry

Maharashtra irrigation order halts water draw for Khopoli park from June 19; insurance claim uncertain as summer peak coincides with already-crashing earnings.

IMAGICAA Small cap 7:49 PM
6
Earnings · Advertising & Media

Maagh Advertising revenue hits zero, results delayed nine months

Standalone revenue vanished in H1 FY26. Consolidated revenue fell to ₹9.45 lacs from ₹1,589.78 lacs, and the company swung to a net loss from profit. Filing was nine months late.

MAAGHADV Micro cap 7:39 PM
8
Credit · Tiles & Sanitaryware

Shiva Granito promoter warrants convert, raising ₹3.15 cr

Promoters convert 28 lakh warrants at ₹15 each, infusing 17.5% of market cap into the nano-cap tile company.

SHIVAEXPO Micro cap 7:35 PM
5
Earnings · Plastic Products

Anka India's auditor flags ₹18.96 cr goodwill test gap in FY26 results

Consolidated revenue rose to ₹1,809 lakhs but net loss widened. Standalone loss ballooned to ₹741.85 lakhs on impairment. Auditor gave qualified opinions on both sets.

ANKIN Micro cap 7:31 PM
8
M&A · IT - Software

Globalspace Tech converts ₹12.64 cr loan to equity, lifts Miljon stake to 99.83%

The conversion, representing 14.4% of market cap, wipes out a liability and deepens the parent's bet on a pre-revenue pharma-tech platform.

GSTL Micro cap 7:20 PM
6
Logistics

Patel Integrated to weigh buyback at June 23 board meet

The logistics nano-cap's board will consider a share buyback proposal. No size or price disclosed yet, but the move could be meaningful given the ₹100 cr market cap and strong PAT growth.

PATINTLOG Micro cap 7:14 PM
8
Regulatory · Finance - NBFC

Arco Leasing secures RBI clearance for subsidiary mgmt

RBI approves Atul Jaiswal and Jitesh Kothari as directors of Ansu Trade & Fiscals until June 1, 2031, cementing new promoters' control over the material subsidiary.

ARCO LEAS. 7:10 PM
6
Earnings · IT - Software

Coforge sets FY27 margin target of 20.5%, eyes $5B by FY30

Management guided for EBITDA margin of 20.5% and EBIT of 16.5-17% for FY27, backed by Encora consolidation and AI savings, with a long-term vision of $5B revenue by FY30.

COFORGE Large cap 7:10 PM
5
Real Estate

Arkade fires CSO after internal probe finds data leak

Amita Singh out for transmitting confidential info; company says no material impact but governance concerns mount as real estate developer reports losses and slowing sales.

ARKADE Small cap 6:57 PM
8
Refractories

Orient Ceratech sheds windmill arm for ₹15.25 cr

The division contributed just 1.55% of revenue but 7.45% of net worth. Proceeds can reduce debt or fund growth; completion expected in six months.

ORIENTCER Micro cap 6:43 PM
5
Alcoholic Beverages

Allied Blenders taps United Spirits veteran as new CRO

Monish Bhasin joins as Chief Revenue Officer from July 1, 2026, succeeding Manoj Kumar Rai who resigned due to parents' health. Bhasin brings 28 years of experience in alco-bev and consumer goods.

ABDL Mid cap 6:39 PM
5
Earnings · Logistics

AVG Logistics delays FY26 results; audit still incomplete

AVG Logistics postponed its FY26 results due to incomplete audit. No new date set. For a nano-cap with falling revenue, a delayed filing raises governance flags.

AVG Micro cap 6:38 PM