Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 6.1 pts less than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of ADC India Communications approved unaudited financial results for Q2 FY26 and the half-year ended September 30, 2025, reviewed by statutory auditor SRBC & Co LLP with a clean (unqualified) review report. Total revenue from operations fell to ₹4,575 lakhs in Q2 FY26 from ₹5,079 lakhs in Q2 FY25, a YoY decline of about 10%, and to ₹9,086 lakhs for H1 FY26 from ₹9,943 lakhs in H1 FY25, an 8.6% drop. Net profit after tax dropped sharply to ₹431 lakhs in Q2 FY26 (from ₹872 lakhs in Q2 FY25, ~50% fall) and to ₹928 lakhs in H1 FY26 (from ₹1,568 lakhs in H1 FY25, ~41% fall), with PBT margins compressing from ~21% to ~13%. The Telecom segment was the biggest drag, with revenue falling ~43% YoY in Q2, while IT-Networking revenue declined ~5%. The company remains debt-free with cash and equivalents rising to ₹5,524 lakhs and operating cash flow at ₹858 lakhs for H1.
Weak set of numbers — both revenue and profits fell sharply YoY, driven mainly by a steep slowdown in the Telecom segment. Margin compression and a ~50% drop in Q2 PAT are negative signals for near-term sentiment, though the balance sheet remains healthy with strong cash reserves and no debt.