Q2 FY26 results: PAT up 33% YoY but operating cash flow turns sharply negative

Revenue DeclinePat Growth 25pctNegative Operating CashflowResults View source PDF Explain this filing

SAGARDEEP · 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

-1.2%Reaction day

₹27.73

prior close

₹27.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-2.1% vs market

Aluminium Copper & Zinc Products peers, median of 7sector+0.2%-1.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.4 pts less than its Aluminium Copper & Zinc 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

-0.1

10m

-0.1

15m

-0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.9-2.1+0.2-1.4

Next day

-0.7+0.8-1.5-0.5-0.2

+0.8+0.7+0.0-0.4+1.2

-5.5+1.3-6.9-2.0-3.5

-4.5+0.5-5.1-3.1-1.4

-5.5+0.4-5.9-5.7+0.2

-4.4-1.5-2.9-7.5+3.0

15d

-7.0-2.4-4.5-7.1+0.1

-6.6-4.4-2.2-7.8+1.2

-1.0-7.2+6.3-0.4-0.5

-9.3-5.0-4.3+17.1-26.4

UpDownMarket · Nifty Microcap 250Sector · Aluminium Copper & Zinc Products peers, median of 7Pending

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

AI summary

Standalone H1 FY26 revenue dipped to Rs 5,572 lakhs from Rs 6,122 lakhs last year. Standalone H1 PAT rose to Rs 70.47 lakhs from Rs 59 lakhs. Consolidated H1 revenue grew 5.5% to Rs 6,893 lakhs and PAT jumped 32.6% to Rs 74.50 lakhs. Q2 standalone PAT was Rs 38.14 lakhs. However, operating cash flow was sharply negative at Rs 636 lakhs (standalone) and Rs 648 lakhs (consolidated) due to higher working capital needs. Auditors issued an unmodified review opinion.

Likely market impact

Profit growth on consolidated basis is encouraging, but weak cash generation and standalone revenue dip may worry investors.