Quarter revenue rises 24%, but profit is nearly flat and review is qualified

Revenue growth above 20%Qualified audit opinionResults View source PDF Explain this filing

SHREERAMA · 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

-4.2%Reaction day

₹55.03

prior close

₹54.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.5%-1.7% vs market

Packaging peers, median of 64sector-1.2%-3.0% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 3.0 pts less than its Packaging 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

+3.1

10m

+0.0

15m

+0.0

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-2.5-1.7-1.2-3.0

Next day

-8.4-1.1-7.3-1.2-7.2

-12.2-0.8-11.4-1.0-11.2

-15.0+1.3-16.4+1.6-16.7

-10.4+2.5-12.9+2.2-12.7

-12.0pendingpending+0.1-12.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 64Pending

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

AI summary

Quarter revenue rose 24% to Rs 7,695 lakh from Rs 6,202 lakh, but net profit was nearly flat at Rs 733 lakh versus Rs 717 lakh. Half-year revenue rose 34% to Rs 15,747 lakh and profit rose 6% to Rs 1,539 lakh. The statutory auditor gave a qualified conclusion because the results could not include the defunct Mauritius subsidiary. Operating cash flow was positive at Rs 2,229 lakh.

Likely market impact

Strong sales growth is positive, but modest profit growth, lower margins and the qualified review may weigh on shareholder sentiment.

By the numbersStandalone · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹76.95 Cr	₹62.02 Cr	+24.1%
Operating profit	₹9.88 Cr	₹7.84 Cr	+26.0%
Profit after tax	₹7.33 Cr	₹7.17 Cr	+2.1%
EBITDA margin	16.8%	16.9%	−0.2 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.