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BSEDisha Resources Ltd· Commercial Services & SuppliesHighNeutral
Announced Fri, 14 Nov, 2025 · 17:07 IST

The Board considered and approved the unaudited standalone financial results along with the limited review report of the company for the quarter ended on 30th September 2025, together with ....

Revenue growth above 20%Net loss reportedNegative operating cash flowResults View source PDFExplain this filing

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

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₹18.29
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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-2.7% vs market
Diversified Commercial Services peers, median of 66sector-0.4%-1.7% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 1.7 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Disha Resources' Board approved its Q2 and H1 FY26 standalone results on 14 November 2025. Revenue from operations surged to ₹46.36 lakhs in Q2 FY26, up sharply from just ₹3.25 lakhs in Q2 FY25, driven mainly by a new trading-others segment (₹16.36 lakhs) and trading in shares (₹29.93 lakhs). Despite the top-line jump, the company remained in the red with a Q2 loss of ₹1.09 lakhs (vs ₹21.19 lakhs loss a year ago), and H1 FY26 loss narrowed to ₹7.39 lakhs from ₹26.98 lakhs. A large ₹844.37 lakhs mark-to-market loss on equity investments hit Other Comprehensive Income, pulling Total Comprehensive Income deep into negative territory at ₹(599.58) lakhs for Q2. The statutory auditor (S N Shah & Associates) issued a clean, unqualified limited review report. Operating cash flow turned slightly negative at ₹(5.44) lakhs for H1 FY26 versus ₹448.01 lakhs positive a year ago.

Likely market impact

The sharp revenue scaling is a positive signal, but the company is still operationally loss-making and a massive ₹1,168.72 lakhs fair-value haircut on its equity portfolio is wiping out shareholder wealth (net worth fell from ₹3,091 lakhs to ₹1,146 lakhs) — expect continued pressure on the stock until trading activity becomes consistently profitable.