Revenue and profit fall as half-year operating cash flow turns negative

Revenue declinedEBITDA margin compressionNegative operating cash flowResults View source PDF Explain this filing

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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

+0.6%Reaction day

₹160.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-0.8% vs market

Granites & Marbles peers, median of 8sector+1.1%-0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.5 pts less than its Granites & Marbles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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StockMarketvs marketSectorvs sector

Reaction day

+0.6+1.4-0.8+1.1-0.5

Next day

+1.4+1.7-0.3+1.3+0.1

+0.0+3.9-3.9+2.1-2.1

+0.1+5.1-5.0+5.4-5.3

+0.3pendingpending+1.0-0.7

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UpDownMarket · Nifty Microcap 250Sector · Granites & Marbles peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

For the quarter ended 30 September 2026, revenue fell to 591.36 lakh from 816.98 lakh and profit after tax to 44.48 lakh from 121.10 lakh. Half-year revenue was 1,274.87 lakh and profit after tax 110.77 lakh. Margins narrowed, and net operating cash flow was negative 373.12 lakh versus positive 62.62 lakh. An exceptional item was recorded; the review opinion was unqualified.

Likely market impact

Falling revenue, profit and cash flow may pressure the stock, though the unqualified review provides some comfort for investors.

By the numbersStandalone · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹5.91 Cr	₹8.17 Cr	−27.6%
Operating profit	−₹0.02 Cr	₹1.04 Cr	−102.2%
Profit after tax	₹0.44 Cr	₹1.21 Cr	−63.3%
EBITDA margin	5.8%	16.7%	−10.9 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.