Results for the Quarter and Half year ended on 30th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.2 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kalpa Commercial Ltd's board, at its meeting on 14 November 2025, approved unaudited standalone financial results for Q2 and H1 FY26. Revenue from operations jumped to ₹700.25 lakh in Q2 and ₹1,299.47 lakh in H1 FY26, versus no operating revenue reported in the corresponding prior-year periods, indicating a sharp scale-up in trading activity (Purchase of stock-in-trade was ₹1,276.39 lakh in H1). Profit after tax was ₹1.00 lakh in Q2 and ₹15.75 lakh in H1 FY26, a turnaround from a ₹0.42 lakh loss in H1 FY25 and a ₹273.63 lakh full-year FY25 loss. However, cash flow from operations was negative at ₹(116.29) lakh for H1 FY26, and cash balance dropped sharply to ₹0.59 lakh from ₹25.54 lakh at year-end FY25. Statutory auditor SGR & Associates LLP issued an unqualified limited review report with no qualifications.
The company has shifted into active trading operations and swung to profitability versus the FY25 loss, which is a positive structural change for shareholders. However, deeply negative operating cash flow and a near-zero cash balance raise near-term liquidity concerns that investors should weigh against the headline profit turnaround.