Q2 FY26: revenue falls sharply, standalone loss, 95 lakh warrants allotted

Revenue DeclinePat NegativeNegative Operating CashflowResults View source PDF Explain this filing

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

+0.2%Reaction day

₹308.00

prior close

₹315.40

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.6% vs market

Stockbroking & Allied peers, median of 36sector-0.5%+0.8% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.8 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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

AI summary

Q2 FY26 (Sep 2025) consolidated revenue from operations fell 34% to Rs 7,208.58 lakh from Rs 10,856.36 lakh, and profit after tax dropped to Rs 45.95 lakh from Rs 2,590.66 lakh. Standalone posted a Rs 210.64 lakh loss and used Rs 2,610.13 lakh of operating cash in H1. Auditors found no issues. 95 lakh warrants at Rs 239.50 allotted, raising up to Rs 227.52 crore. ICRA reaffirmed BBB positive rating on debentures.

Likely market impact

Weak results may pressure the stock; warrant conversion can dilute equity. Clean auditor review and positive ICRA rating on debentures are reassuring.