Board approves 1:1 bonus issue; Q3 profit up 37pct YoY

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

-2.6%Reaction day

₹710.80

prior close

₹694.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-2.1% vs market

Industrial Products peers, median of 119sector-0.5%-2.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.1 pts less than its Industrial Products 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

+1.4

10m

+2.1

15m

+0.7

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-0.5-2.1-0.5-2.1

Next day

-5.0-1.0-4.0-1.4-3.7

-4.5-2.5-2.0-2.5-2.0

-10.4-3.2-7.2-3.9-6.5

-8.2-2.2-5.9-3.4-4.8

-5.5-1.9-3.6-2.8-2.7

-7.9-3.5-4.4-4.8-3.1

15d

-4.5-8.8+4.3-8.1+3.6

+1.1-9.3+10.4-10.0+11.1

+17.2-4.5+21.7-5.2+22.4

+29.2+5.4+23.9+3.1+26.1

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 119Pending

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

AI summary

Board approved 1:1 bonus issue (1 share for every 1 held, about 1.72 crore new shares) from securities premium. Q3 FY26 standalone revenue rose 44pct YoY to Rs 243.27 crore; net profit up 37pct to Rs 13.73 crore. 9M revenue Rs 685.19 crore, net profit Rs 41.29 crore. Bonus needs postal ballot approval. Also invested Rs 90 lakh in subsidiary Coincade Studios and granted 1 lakh ESOPs at Rs 800.

Likely market impact

Share count doubles via bonus; strong Q3 revenue and profit growth may lift sentiment. Record date awaited.