Lex Nimble's profit slides 11% despite 10% revenue growth
The nano-cap IT firm's FY26 results show its top line expanding while its bottom line contracts, with no operational surprises.
Mkt cap₹34.84 cr
P/E33.06×
ROE7.13%
Debt / eq.0.00
₹1.05 cr Net profit for FY26, down 11.2% YoY.
What's new
- FY26 revenue grew 10.3% YoY to ₹7.91 crore.
- Net profit declined 11.2% to ₹1.05 crore; EPS fell from ₹2.84 to ₹2.52.
- Audit opinion is clean; filing contains only routine disclosures.
Why this matters
The divergence between revenue growth and profit decline is the only real data point. For a company this small, it suggests margin pressure, but the scale is too minor to signal a strategic shift.
What we're watching
- Whether the profit decline continues into the next quarter.
- Any disclosure on margin drivers in a future concall.
The full read
Lex Nimble Solutions, a nano-cap IT firm with a ₹35 crore market cap, posted audited FY26 results. Revenue rose 10.3% to ₹7.91 crore. Yet net profit slid 11.2% to ₹1.05 crore, and EPS fell from ₹2.84 to ₹2.52. The audit was clean. This is a standard compliance filing. The numbers are the only story. Revenue grew. Profit shrank. For a company this size, a ₹1 crore profit is already thin.
Questions answered
- How did Lex Nimble's revenue and profit move in FY26?
- Revenue grew 10.3% year-on-year to ₹7.91 crore, but net profit fell 11.2% to ₹1.05 crore. Earnings per share dropped from ₹2.84 to ₹2.52.
- What was the nature of the filing?
- It was a routine filing of audited annual results for the year ended March 31, 2026. The audit opinion was clean and unmodified.
- Why is the profit decline notable?
- With a ₹35 crore market cap, Lex Nimble is a nano-cap. An 11% profit decline on a base of just ₹1.05 crore is not transformative, but it reverses the direction of the top-line growth.
Mentioned: Lex Nimble Solutions Ltd. · FY26 · March 31, 2026
Company snapshot
LEX Nimble Solutions Ltd.
Software Services
₹35 cr
P/E 29.33×
Latest quarter · Mar 2026
Sales₹4 cr
Net profit₹1 cr
Op. margin+5.0%
EPS₹1.55
Strength & growth
Debt / equity0.00×
Current ratio13.99×