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BSEGlittek Granites Ltd· Other Construction MaterialsHighNeutral
Announced Thu, 21 May, 2026 · 11:59 IST

As per Attachment

Profit growth above 25%Negative operating cash flowRelated-party transactionsEmphasis of matterResults View source PDFExplain this filing

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
-0.8%Reaction day
₹44.35
prior close
₹43.10
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-1.9% vs market
Other Construction Materials peers, median of 15sector-0.7%-0.1% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Construction Materials 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
Stock
5m
+0.0
10m
+0.0
15m
+0.0
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.8+1.1-1.9-0.7-0.1
Next day
-4.2+1.2-5.4-0.8-3.4
2d
-4.2+2.8-7.0+1.4-5.6
3d
-5.3+3.5-8.8-0.3-5.0
4d
-5.3+3.5-8.8-0.5-4.8
5d
-6.7+2.8-9.5-1.1-5.6
1w
-14.1+2.8-16.9-2.8-11.4
15d
-0.6+4.2-4.8-0.1-0.5
1m
-8.6+10.1-18.7+1.9-10.5
2m
+24.2+10.0+14.2+0.7+23.5
3m
+37.9+14.6+23.4+15.8+22.2
UpDownMarket · Nifty Microcap 250Sector · Other Construction Materials peers, median of 15Pending

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

AI summary

Glittek Granites reported a turnaround in FY2026 with profit after tax of Rs 685.86 Lakhs compared to a loss of Rs 59.29 Lakhs in FY2025. Total income was Rs 3,126.28 Lakhs, marginally lower than Rs 3,151.67 Lakhs in the prior year (slight revenue decline of ~0.8%). The company achieved basic EPS of Rs 10.03 vs Rs 2.64 in FY25. The auditors issued an unqualified opinion but included an Emphasis of Matter noting the company has not provided or paid interest on delayed MSME payments as required under the MSME Act, 2006. The company disclosed significant related party transactions including unsecured loans from directors (Ashoke Agarwal Rs 164.13 Lakhs, Tushar Agarwal Rs 44.03 Lakhs) and rent payments to a related party (Mrs Manjula Agarwal Rs 3.86 Lakhs). Operating cash flow was negative at Rs 224.65 Lakhs.

Likely market impact

Despite the profit turnaround, the negative operating cash flow, undisclosed MSME interest liability, and significant related party transactions raise concerns about financial controls and governance. Shareholders should monitor the company's ability to improve cash generation and clarify the MSME compliance issue.