September quarter revenue rises 22% and profit 107%; cash flow turns negative

Revenue growth above 20%Profit growth above 25%EBITDA margin expansionNegative operating cash flowResults View source PDF Explain this filing

AARON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹128.56

prior close

₹134.51

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.5%+2.8% vs market

Industrial Products peers, median of 130sector-2.2%+2.5% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.5 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Reaction day

+0.3-2.5+2.8-2.2+2.5

Next day

+5.0-1.1+6.1-0.5+5.5

+4.6-0.8+5.4-0.1+4.7

+5.8+1.3+4.5+1.4+4.4

+5.8+2.5+3.3+1.8+4.0

+8.1pendingpending+0.1+8.0

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 130Pending

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AI summary

For the quarter ended 30 September 2026, revenue rose 22% year on year to Rs 27.12 crore and net profit rose 107% to Rs 2.88 crore. Half-year revenue rose 24% to Rs 51.56 crore and net profit rose 122% to Rs 5.44 crore. Half-year operating cash flow was negative Rs 3.50 crore as inventories and receivables absorbed cash.

Likely market impact

Strong profit growth is positive, but negative cash flow and higher inventories and short-term debt may pressure the stock near term.

By the numbersStandalone · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹27.12 Cr	₹22.24 Cr	+21.9%
Operating profit	₹3.81 Cr	₹2.44 Cr	+56.2%
Profit after tax	₹2.88 Cr	₹1.39 Cr	+106.5%
EBITDA margin	20.0%	18.5%	+1.5 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.