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Earnings · Pharmaceuticals · Micro cap

Gujarat Inject (Kerala) Q4 revenue zooms 19x to ₹30.7 cr

Full-year FY26 revenue nearly doubles to ₹36.3 crore; net profit turns positive. Capital work-in-progress of ₹20.8 crore signals ongoing expansion.

8 earlier stories on Gujarat Inject (Kerala) Ltd.
Mkt cap₹180 cr
P/E99.23×
ROE0.97%
Debt / eq.0.00
₹30.7 cr Q4 FY26 revenue (vs ₹1.6 cr in Q3)

What's new

  • Q4 revenue surged to ₹30.7 cr from ₹1.6 cr in Q3 and ₹4.2 cr a year ago.
  • Full-year FY26 revenue nearly doubled to ₹36.3 cr.
  • Net profit for Q4 at ₹1.64 cr vs ₹0.038 cr in Q3; CWIP at ₹20.8 cr.

Why this matters

The Q4 numbers represent a dramatic turnaround for a nano-cap that was essentially dormant. The ₹20.8 cr in capital work-in-progress suggests management is betting on continuation, but the quality and durability of the revenue spike remain open questions.

What we're watching

  • Whether Q4 revenue momentum sustains in FY27.
  • Details on the source of the revenue jump.
  • Any management commentary on the expansion plans.

The full read

Gujarat Inject (Kerala) reported a stunning Q4 FY26, with revenue jumping to ₹30.7 crore from just ₹1.6 crore in the previous quarter and ₹4.2 crore a year ago. Full-year FY26 revenue nearly doubled to ₹36.3 crore, meaning Q4 alone accounted for 85% of the full year. Net profit turned positive at ₹1.64 crore versus near-zero in Q3. The balance sheet also shows ₹20.8 crore in capital work-in-progress, pointing to ongoing capacity expansion. For a nano-cap that was barely generating revenue quarters ago, this is a material inflection—if it can be sustained. The open question is whether this reflects a one-off contract or the start of a new growth trajectory.

Mentioned: Q4 FY26 · ₹30.7 cr revenue · ₹20.8 cr CWIP
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Gujarat Inject (Kerala) Ltd.

Pharmaceuticals
₹197 cr
P/E 65.83×

Latest quarter · Jun 2026

Sales₹12 cr
Net profit₹1 cr
Op. margin+13.6%
EPS₹0.09

Strength & growth

Debt / equity0.00×
Current ratio40.77×
Sales CAGR+124.8%
  1. 20 May 2026 · 7:01 PM IST Gujarat Inject (Kerala) Q4 revenue zooms 19x to ₹30.7 cr
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  5. 16d ago Gujarat Inject fills top post after chairman's death, but new MD is from plastics