MARDIA SAMYOUNG CAPILLARY TUBE

Classified by BSE under the copper/non-ferrous metals industry, the company reported FY26 revenue of ₹73.87 crore and net profit of ₹2.23 crore, with an EBITDA margin of 4.7%. The cost shape lists employee costs at 0.4% of revenue and other operating expenses at 1.4%, with materials and depreciation shown at 0%; no segment breakdown or revenue split is provided in the pack. The filings carry no operational description of the underlying business and consist almost entirely of SEBI compliance filings, board changes, preferential warrant allotments and quarterly results. Between February and April 2026, the company issued and converted multiple tranches of fully convertible warrants at ₹13.50 each, lifting paid-up equity from about ₹6.94 crore to ₹79.45 crore, with the stated purpose of meeting working capital requirements. The FY26 results filing noted auditor concerns over missing balance confirmations, weak inventory valuation support and absence of an internal auditor for the year, and reported operating cash flow of negative ₹8,567.66 lakhs.