SEPC Limited, formerly Shriram EPC Limited, reported a robust revenue performance in Q3 FY26 (October-December 2025), with net sales surging 156.29% year-on-year to ₹340.97 crores, marking a significant acceleration from the previous quarter's 38.85% growth. Net profit jumped 236.94% YoY to ₹14.96 crores, though this impressive headline figure conceals deeper operational challenges that warrant investor scrutiny.

Star Delta Transformers Ltd., a micro-cap manufacturer of distribution and power transformers, reported mixed Q3 FY26 results that highlighted a troubling disconnect between top-line momentum and bottom-line delivery. Whilst net sales surged 61.03% year-on-year to ₹52.77 crores—marking the highest quarterly revenue in the company's recent history—net profit declined 48.11% quarter-on-quarter to ₹2.06 crores, primarily due to an unusually elevated tax rate of 41.03%. The stock, trading at ₹506.00 as of February 6, 2026, has underperformed significantly, declining 32.80% over the past year against the Sensex's 7.07% gain, reflecting investor concerns about profitability consistency and operational execution.

HBL Engineering Ltd., the Hyderabad-based battery and power systems manufacturer, delivered an exceptional second quarter performance for FY2026, with consolidated net profit surging 170.31% quarter-on-quarter to ₹387.27 crores. The stellar results, driven by a massive 103.22% sequential revenue jump to ₹1,222.90 crores, propelled the stock up 0.91% to ₹785.80 on February 6, 2026, though it remains 29.96% below its 52-week high of ₹1,121.95.

Glance Finance Ltd., a Mumbai-based non-banking financial company, reported net profit of ₹0.07 crores in Q2 FY26 (Jul-Sep'25), marking a sharp decline of 65.00% quarter-on-quarter and 92.86% year-on-year. The micro-cap NBFC, with a market capitalisation of ₹43.00 crores, continues to face significant operational challenges reflected in highly volatile quarterly performance and anaemic profitability metrics.

SMS Pharmaceuticals Ltd., a Hyderabad-based active pharmaceutical ingredient (API) manufacturer, reported a consolidated net profit of ₹23.47 crores for Q3 FY26 (October-December 2025), marking a robust 28.67% year-on-year growth but a 7.27% sequential decline from the previous quarter. The company's stock, trading at ₹315.50 with a market capitalisation of ₹3,034 crores, has delivered impressive long-term returns of 139.65% over two years, yet faces valuation headwinds with a price-to-earnings ratio of 35x—significantly above the industry average of 32x.

Sulabh Engineers & Services Ltd., a micro-cap non-banking financial company with a market capitalisation of ₹25.00 crores, reported a consolidated net profit of ₹1.14 crores for Q3 FY26 (October-December 2025), marking a remarkable 93.22% quarter-on-quarter surge and a 39.02% year-on-year increase. However, this impressive profit growth conceals a troubling narrative of revenue contraction, with net sales declining 47.86% sequentially to just ₹0.61 crores—the lowest quarterly figure in recent history.

Autoline Industries Ltd., a Pune-based auto components manufacturer, reported consolidated net profit of ₹4.83 crores for Q3 FY26, representing a remarkable 373.53% year-on-year surge from ₹1.02 crores in Q3 FY25, though this comparison benefits from an exceptionally weak base. The company's market capitalisation stands at ₹347.00 crores, with shares trading at ₹77.95 following the quarterly disclosure. Whilst revenue expansion remains robust, deteriorating margins and elevated debt levels continue to weigh on the company's fundamental outlook.

Nahar Capital & Financial Services Ltd. reported consolidated net profit of ₹13.08 crores in Q3 FY26, marking a robust 101.54% year-on-year growth, yet the micro-cap NBFC's stock has languished, declining 15.74% over the past year and trading 37.50% below its 52-week high of ₹376.40. With a market capitalisation of ₹408.00 crores and a current price of ₹235.25, the company's impressive profit headline conceals deeper operational concerns that warrant investor scrutiny.

Ganesha Ecosphere Ltd., a leading PET waste recycling company manufacturing recycled polyester staple fibre, spun yarn, and dyed texturised yarn, reported deeply troubling third-quarter results that underscore an accelerating deterioration in operational performance. For Q3 FY26 (October-December 2025), consolidated net profit collapsed to ₹4.75 crores, an alarming 84.01% decline year-on-year from ₹29.71 crores in Q3 FY25. The sequential picture proved equally grim, with profits plummeting from a marginal loss of ₹0.50 crores in Q2 FY26, representing a technical recovery that masks the underlying structural weakness. With a market capitalisation of ₹1,801 crores and shares trading at ₹687.50, the stock has shed 59.32% over the past year, dramatically underperforming both the Sensex and its sectoral peers.

Worldwide Aluminium Ltd., a micro-cap trading and distribution company with a market capitalisation of just ₹5.00 crores, reported its Q3 FY26 results that highlight a troubling pattern: robust revenue growth accompanied by virtually non-existent profitability. The company posted net sales of ₹16.19 crores for the quarter ended September 2025, representing a 59.04% year-on-year surge, yet managed to generate effectively zero net profit at ₹0.00 crores after taxes consumed the entire pre-tax profit of ₹0.01 crores.

Kingfa Science & Technology (India) Ltd., a small-cap player in the industrial plastics sector with a market capitalisation of ₹5,982 crores, has reported its strongest quarterly profit in Q3 FY26, with net profit reaching ₹45.17 crores, marking a 9.80% quarter-on-quarter increase and a robust 30.44% year-on-year surge. However, the stock faced selling pressure, declining 4.66% to ₹4,256.40 following the results announcement, as investors digested mixed signals around operating margin compression despite top-line growth.

Sumedha Fiscal Services Ltd., a Kolkata-based financial services firm, reported deeply concerning third-quarter results for FY26, with consolidated net profit collapsing 87.88% year-on-year to ₹0.24 crores from ₹1.98 crores in Q3 FY25. The sequential decline was equally alarming at 84.71%, down from ₹1.57 crores in Q2 FY26, marking the company's worst quarterly performance in recent memory despite a 61.04% surge in revenues.

Prozone Realty Ltd. reported a consolidated net profit of ₹1.79 crores for Q3 FY26, marking a 123.75% year-on-year surge and a 17.76% sequential improvement from Q2 FY26. The micro-cap real estate developer, with a market capitalisation of ₹755.00 crores, witnessed its stock trade at ₹50.24 on February 6, 2026, down 29.82% from its 52-week high of ₹71.59. Despite the return to profitability after a loss-making FY25, the company faces significant valuation concerns and structural challenges that warrant cautious investor scrutiny.

Nahar Polyfilms Ltd., a micro-cap BOPP film manufacturer with a market capitalisation of ₹611.00 crores, reported consolidated net profit of ₹19.33 crores in Q3 FY26, marking a robust year-on-year surge of 157.39% from ₹7.51 crores in Q3 FY25. However, the quarter-on-quarter performance revealed a more nuanced picture, with profits declining 6.98% from ₹20.78 crores in Q2 FY26, primarily driven by contracting operating margins and a sequential revenue dip.

Pilani Investment & Industries Corporation Ltd., a systemically important non-deposit accepting non-banking financial company registered with the Reserve Bank of India, reported a concerning set of results for Q3 FY26, with consolidated net profit swinging into negative territory at ₹-14.39 crores, representing a sharp 207.63% year-on-year decline. The holding company, with a market capitalisation of ₹5,071 crores, saw its standalone net profit plunge 63.22% quarter-on-quarter to ₹9.86 crores, whilst consolidated losses deepened dramatically from ₹13.37 crores in Q3 FY25. The stock, trading at ₹4,597.10 as of February 06, 2026, has declined 0.57% in the latest session and remains in bearish technical territory.