Longspur's annual revenue drops 56% to ₹4.13 cr on a ₹10-cr market cap
A routine earnings release for a company whose main event is a ₹20-crore preferential allotment that dwarfs its current size.
— 1 earlier story on Longspur International Ventures Ltd. →What's new
- FY26 standalone revenue fell 56% to ₹4.13 crore from ₹9.40 crore in FY25.
- Annual net profit held at ₹0.53 crore despite the revenue collapse.
- The results are for a nano-cap (₹10-cr mkt cap) whose main story is an upcoming ₹20-crore capital infusion.
Why this matters
The revenue collapse to ₹4.13 crore is severe for any company, but it's almost secondary here. Longspur's ₹10-crore market cap means the previously announced ₹20-crore preferential allotment would, if completed, more than triple its equity base. The earnings are the footnote; the fundraising is the story.
What we're watching
- Status and timeline for the ₹20-crore preferential allotment.
- Whether the new capital changes the company's operational focus.
- The next quarter's revenue to see if the FY26 drop was a one-off.
The full read
Longspur International Ventures reported FY26 standalone revenue of ₹4.13 crore, a 56% fall from ₹9.40 crore a year earlier. Net profit held flat at ₹0.53 crore. For a company with a ₹10-crore market capitalisation, these are small numbers in both directions. The earnings release is procedure. What actually matters is the ₹20-crore preferential allotment the company has already announced, a capital raise that is double its current size and would massively dilute the existing base. The results don't show that infusion yet; it remains pending. Longspur's story right now isn't how it earned ₹4.13 crore in revenue. It's what happens when ₹20 crore of new equity lands.
Questions answered
- How badly did Longspur's revenue fall?
- Annual revenue dropped 56% to ₹4.13 crore in FY26, down from ₹9.40 crore in FY25. It's a sharp contraction for a company already on a tiny scale.
- Did the profit also collapse?
- No, net profit was stable at ₹0.53 crore, similar to the prior year. The margin expanded significantly as the company cut costs alongside revenue.
- Why does the ₹20-crore allotment matter more than the results?
- Longspur's entire market capitalisation is ₹10 crore. A ₹20-crore infusion is double its current size and would fundamentally reshape its balance sheet. That's the real catalyst, not a routine quarterly print.
- Is this filing just a standard board-meeting outcome?
- Yes, the filing is a routine release of audited annual and quarterly results. It contains no new strategic or forward-looking announcements beyond the historical numbers.
Longspur International Ventures Ltd.
Latest quarter · Jun 2013
Strength & growth
Story so far
All notes on LONGSPUR →- 29 May 2026 · 10:20 PM IST Longspur's annual revenue drops 56% to ₹4.13 cr on a ₹10-cr market cap
- 3d ago Longspur swings to profit in June quarter after March loss