Where did Sabrimala Industries' profit come from?

The ₹33.57 lakh net profit came entirely from other income, primarily interest of ₹83.68 lakh. The company earned virtually nothing from its operations.

How does the profit compare to the company's equity?

The ₹33.57 lakh profit is immaterial against the paid-up equity capital of ₹871.45 lakh, representing a return of less than 4% on the equity base.

Is the company's financial reporting clean?

Yes, the auditor issued an unmodified report on the results.

What is the scale of Sabrimala's operations?

The company is nano-cap with a market capitalisation of ₹14 crore and generated just ₹0.24 lakh in operational revenue for the full year.

Earnings · Retailing · Micro cap

Sabrimala Industries' FY26 profit is pure interest, no business

Operational revenue for the year was ₹0.24 lakh. The ₹33.57 lakh net profit came from interest income.

— 1 earlier story on Sabrimala Industries India Ltd. →

SIIL By Tipsheet Editorial 21 May 2026 · 10:10 PM IST Verify on BSE · NSE

Mkt cap₹11.93 cr

P/E35.61×

ROE6.65%

Debt / eq.0.00

₹0.24 lakhs Total operational revenue for FY26.

What's new

Audited FY26 results show operational revenue of just ₹0.24 lakh.
Net profit of ₹33.57 lakh is entirely from ₹83.68 lakh in other income.
The auditor's report is unmodified.

Why this matters

The filing confirms this is a dormant entity with no real business. The profit growth is a mirage of interest accruals, not operational progress. For a nano-cap with a ₹14 crore market cap, the results are a compliance formality.

What we're watching

Any attempt to acquire an operating business.
Sustainability of the interest income stream.
Promoter activity given the lack of operations.

The full read

Sabrimala Industries' FY26 results read like a bank statement. Operational revenue was ₹0.24 lakh for the entire year. The headline net profit of ₹33.57 lakh came solely from ₹83.68 lakh in other income, mostly interest. The year-on-year jump from ₹8.61 lakh is not business growth. It is a mathematical artifact. With a market cap of ₹14 crore and equity of ₹871.45 lakh, the stock trades on asset backing, not earnings power. The auditor signed off cleanly. There is nothing in the numbers to analyse. This is a shell waiting for a purpose.

Questions answered

Where did Sabrimala Industries' profit come from?: The ₹33.57 lakh net profit came entirely from other income, primarily interest of ₹83.68 lakh. The company earned virtually nothing from its operations.
How does the profit compare to the company's equity?: The ₹33.57 lakh profit is immaterial against the paid-up equity capital of ₹871.45 lakh, representing a return of less than 4% on the equity base.
Is the company's financial reporting clean?: Yes, the auditor issued an unmodified report on the results.
What is the scale of Sabrimala's operations?: The company is nano-cap with a market capitalisation of ₹14 crore and generated just ₹0.24 lakh in operational revenue for the full year.

Mentioned: ₹14 crore market cap · ₹871.45 lakh paid-up capital · FY2026 audited results

Primary source BSE · NSE · Tijori

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

Company snapshot

Sabrimala Industries India Ltd.

Retail

₹13 cr

P/E 38.86×

Latest quarter · Mar 2026

Sales₹0 cr

Net profit−₹0 cr

Op. margin+0.0%

EPS−₹0.07

Strength & growth

Debt / equity0.00×

Current ratio2.33×

Sales CAGR−68.0%

Story so far

All notes on SIIL →

21 May 2026 · 10:10 PM IST Sabrimala Industries' FY26 profit is pure interest, no business
46d ago Sabrimala's ₹14 cr market cap runs on ₹0.24 lakhs of revenue