Profit turns positive, but review flags Rs 899.59 lakh inventory overstatement

Qualified OpinionRevenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults RestatedResults 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

+6.1%Reaction day

₹45.55

prior close

₹51.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.7%+4.4% vs market

Specialty Chemicals peers, median of 100sector+1.6%+4.5% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 4.5 pts more than its Specialty Chemicals 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

-2.4

15m

-2.3

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.1+1.7+4.4+1.6+4.5

Next day

+6.5pendingpending+1.9+4.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 100Pending

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

AI summary

Quarter ended 30 September 2026: profit after tax was Rs 621.53 lakh versus a year-ago loss of Rs 362.49 lakh, and sales were Rs 2,037.09 lakh. Half-year sales rose from Rs 2,302.95 lakh to Rs 6,185.13 lakh; profit after tax was Rs 637.03 lakh versus a Rs 332.10 lakh loss. The auditor qualified the review: an uncorrected inventory overstatement reached Rs 899.59 lakh, overstating profit before tax by Rs 614.81 lakh and equity by Rs 899.59 lakh.

Likely market impact

Sales and profit improved, but correcting the inventory overstatement would cut profit, reducing confidence in results and pressuring the stock.