Manugraph Q2 FY26: weak results, asset sales continue, auditors flag exceptional items

Emphasis Of MatterExceptional ItemRevenue DeclinePat NegativeResults View source PDF Explain this filing

MANUGRAPH · 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

-4.1%Reaction day

₹20.49

prior close

₹19.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.8% vs market

Industrial Products peers, median of 115sector-0.5%-3.6% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.6 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

-0.3

10m

+2.0

15m

-0.3

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.1-0.3-3.8-0.5-3.6

Next day

-5.8+0.7-6.5-0.3-5.5

-7.8+0.6-8.4-0.9-6.9

-9.0+0.5-9.5-0.5-8.5

-7.8+1.1-8.8-1.3-6.4

-9.3+0.3-9.5-1.6-7.7

-14.4-0.2-14.2-2.6-11.8

15d

-17.8-2.2-15.5-4.8-12.9

-21.4-4.9-16.4-7.7-13.7

-22.4-7.5-15.0-12.6-9.8

-14.9-4.8-10.2-11.1-3.8

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 115Pending

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

AI summary

Q2 FY26 saw revenue continue to decline year-on-year while the company reported a loss. Exceptional retirement compensation of Rs 64.85 lakhs was booked for H1. The company sold all Kolhapur Unit III movable assets, booking a Rs 218.75 lakh gain, and classified two acres of Unit I factory land as held for sale. Auditors added two emphasis of matter notes on exceptional items assessment and asset reclassification under Ind AS 105.

Likely market impact

Revenue keeps falling and the company is selling assets to fund retirement liabilities. The asset sale gain is one-off. Watch for further restructuring news.