Q2 FY26 results: consolidated revenue up 38%, profit flat

Revenue Growth 20pctEbitda Margin CompressionResults View source PDF Explain this filing

MICEL · price

Loading chart…

▲ 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

-1.0%Reaction day

₹56.40

prior close

₹56.97

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-1.5% vs market

Other Industrial Products peers, median of 24sector+0.4%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.4 pts less than its Other 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

+0.4

10m

-0.0

15m

+0.0

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.5-1.5+0.4-1.4

Next day

-4.2+0.0-4.2-0.2-4.0

-1.7+1.0-2.7+0.4-2.1

-1.3+2.1-3.3+1.0-2.3

-2.1+1.6-3.7+1.7-3.8

-2.5+1.2-3.7+0.8-3.3

-1.1+1.9-3.0+1.0-2.1

15d

-11.3+0.4-11.7-3.1-8.2

-15.8+1.5-17.3-3.8-12.0

-21.6-4.4-17.1-11.4-10.2

-31.1-7.2-23.9-15.4-15.7

UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 24Pending

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

AI summary

Board approved Q2 FY26 unaudited results for September 2025, with no auditor qualifications. Consolidated revenue rose 38% to Rs 3,788.93 lakh, mainly from a new trading segment; standalone revenue rose 9% to Rs 1,224.08 lakh. Consolidated profit was Rs 216.80 lakh versus Rs 212.59 lakh, but half-year profit fell 6% to Rs 383.50 lakh and EPS was Rs 0.16 versus Rs 0.17. Trading made a small loss.

Likely market impact

Revenue growth is strong but comes from a low-margin trading segment; profit is flat to lower and cash flow thin, so near-term outlook is cautious.