Hisar Spinning's full-year profit rose. Then Q4 profit fell 36%.
The nano-cap's annual profit edged up to ₹3.31 cr, but its final quarter saw a sharp profitability squeeze on flat revenue.
— 1 earlier story on Hisar Spinning Mills Ltd. →What's new
- Q4 net profit contracted 36% to ₹66.28 lakhs from ₹103.91 lakhs in the prior year.
- Full-year net profit improved modestly to ₹3.31 cr from ₹2.93 cr.
- Annual revenue was flat at ₹44.11 cr.
Why this matters
Hisar Spinning's entire market capitalisation is ₹17 cr. Its full-year profit of ₹3.31 cr is roughly a fifth of that value. That makes the earnings trend the single most important fact for anyone looking at this stock, and the Q4 contraction muddies the annual improvement.
What we're watching
- Whether Q4 margin pressure persists into the current fiscal year.
- Any management commentary on input costs or volume trends.
- The trajectory of annual revenue, which has stalled at ₹44 cr.
The full read
Hisar Spinning Mills reported a ₹3.31 crore full-year net profit, up from ₹2.93 cr. The story is in the fourth quarter. Q4 profit fell to ₹66.28 lakhs from ₹103.91 lakhs. Revenue for the year was flat at ₹44.11 cr. The company's entire market capitalisation is ₹17 cr. That means its annual earnings represent roughly a fifth of its total value. That valuation math makes the quarterly decline more relevant than the absolute numbers might suggest. A business generating that level of profit relative to its market cap is not cheap if the trend is down. The drop came on stable revenue, pointing to margin pressure. Not a crisis, but a concerning signal from a company of this size.
Questions answered
- How did the quarterly and annual profits differ?
- The full-year net profit rose to ₹3.31 cr from ₹2.93 cr. But the fourth quarter profit fell sharply to ₹66.28 lakhs from ₹103.91 lakhs, a 36% drop year-on-year.
- What does the flat annual revenue suggest?
- Revenue was ₹44.11 cr, essentially unchanged from the prior year. The top line has not expanded, meaning the modest profit improvement came from cost control or mix, not growth.
- How does the market cap frame these results?
- The company's market capitalisation is just ₹17 cr. Annual profit of ₹3.31 cr is a substantial portion of that value, making any shift in profitability highly significant to the stock's valuation.
- Why is the Q4 drop more significant than the annual figure?
- The annual profit improvement masks a sharp quarterly decline. A 36% drop in Q4 profit on flat revenue points to margin erosion, which complicates the story of modest annual growth.
Story so far
All notes on HISARSP →- 29 May 2026 · 7:58 PM IST Hisar Spinning's full-year profit rose. Then Q4 profit fell 36%.
- 1d ago Hisar Spinning Mills' annual profit rises 13%, but Q4 tumbles 36%