Atvo Enterprises Ltd., a micro-cap garments and apparels manufacturer, reported its Q3 FY26 results with net profit of ₹0.07 crores, marking a 133.33% quarter-on-quarter improvement but a 250.00% year-on-year surge. Despite revenue growth of 31.09% YoY to ₹1.56 crores in Q3 FY26, the company continues to grapple with operational losses and razor-thin profitability margins. The stock, trading at ₹18.61 with a market capitalisation of ₹206.00 crores, has declined 4.12% in the latest trading session, reflecting investor concerns about the sustainability of the business model.

Laffans Petrochemicals Ltd., a micro-cap petrochemical derivatives manufacturer, reported a net profit of ₹1.56 crores for Q3 FY26 (October-December 2025), swinging back to profitability after a ₹4.31 crores loss in the preceding quarter. However, the headline recovery masks persistent operational challenges that have plagued this ₹21 crore market capitalisation company for years. The stock closed at ₹25.40 on February 9, 2026, down 5.22% on the day and languishing 41.46% below its level a year ago.

Padam Cotton Yarns Ltd., a micro-cap garment and apparel manufacturer, reported a net profit of ₹2.33 crores for Q3 FY26, marking a sequential improvement of 4.02% quarter-on-quarter but representing a dramatic 54.31% decline year-on-year. The company, with a market capitalisation of just ₹36.00 crores, has seen its stock price plummet 73.05% from its 52-week high of ₹10.50, currently trading at ₹2.83 following a 2.75% decline in the latest session.

Arihant Capital Markets Ltd., the Indore-based financial services company with a market capitalisation of ₹834.00 crores, reported a concerning quarterly performance for Q3 FY26, with consolidated net profit plunging 57.71% year-on-year to ₹5.18 crores from ₹12.25 crores in Q3 FY25. The sequential decline was even steeper at 60.40% from Q2 FY26's ₹13.08 crores, marking the lowest quarterly profit in the past eight quarters and raising serious questions about the sustainability of the company's business model in the current market environment.

Harrisons Malayalam Ltd., the RPG Group plantation company operating tea and rubber estates across Kerala and Tamil Nadu, reported net profit of ₹7.64 crores for Q3 FY26 (October-December 2025), marking a sequential improvement of 19.00% from the previous quarter. However, the year-on-year comparison reveals a concerning 31.79% decline from ₹11.20 crores in Q3 FY25, underscoring persistent operational headwinds in the plantation sector. With a market capitalisation of ₹301.00 crores, the stock has tumbled 35.10% over the past year, significantly underperforming both the Sensex and its Industrial Products sector peers.

DCM Financial Services Ltd., a micro-cap non-banking financial company, reported yet another quarter of losses in Q3 FY26, with net loss widening to ₹0.26 crores from ₹0.24 crores in the year-ago quarter. The company, which ceased active lending operations years ago, continues to burn cash with negative shareholder equity of ₹49.95 crores as of March 2025. Despite a 7.27% surge in the stock price on February 9, 2026, to ₹4.72, the shares remain down 29.66% over the past year, significantly underperforming the broader NBFC sector's 21.39% gain.

Shukra Bullions Limited, a micro-cap diversified commercial services company with a market capitalisation of ₹22.00 crores, reported breakeven financial performance for Q3 FY26 (October-December 2025), marking a technical recovery from the previous quarter's modest profit but revealing persistent operational challenges that continue to plague the Mumbai-based firm.

Barak Valley Cements Ltd., a micro-cap cement manufacturer operating in India's North Eastern states, reported a disappointing third quarter for FY2026, with the company slipping into losses of ₹2.31 crores compared to a profit of ₹1.36 crores in the same quarter last year. The 269.85% year-on-year decline in net profit marks a concerning deterioration in financial performance, driven by severe margin compression and operational inefficiencies. The stock, trading at ₹52.00 with a market capitalisation of ₹114.00 crores, has shown resilience in recent months with a 20.93% gain over the past week, though investors remain cautious about the company's ability to reverse its declining profitability trajectory.

Qgo Finance Ltd., a micro-cap non-banking financial company with a market capitalisation of ₹28.00 crores, reported a net profit of ₹0.80 crores for Q3 FY26, representing a marginal decline of 4.76% quarter-on-quarter but a 19.40% improvement year-on-year. The stock, currently trading at ₹40.00, has declined 2.51% following the results announcement, reflecting investor concerns about the company's tepid momentum and mounting operational challenges despite attractive valuation multiples.

GIC Housing Finance Ltd., the Mumbai-based housing finance subsidiary of General Insurance Corporation of India, reported a disappointing third quarter for FY2026, with consolidated net profit declining 12.67% quarter-on-quarter to ₹43.69 crores and falling 12.11% year-on-year. The micro-cap company, valued at ₹890 crores, saw its stock trade at ₹165.00 on February 9, 2026, reflecting ongoing concerns about profitability pressures despite marginal revenue growth.

Texmaco Rail & Engineering Ltd., a small-cap industrial manufacturing company with a market capitalisation of ₹4,897 crores, reported a challenging third quarter for FY2026, with consolidated net profit declining 44.16% year-on-year to ₹42.84 crores. The company's stock, trading at ₹121.50 as of February 9, 2026, has struggled over the past year, delivering a negative return of 24.25% whilst the broader market gained 7.97%.

SC Agrotech Ltd., a micro-cap FMCG player with a market capitalisation of ₹188.00 crores, reported a dramatic turnaround in Q3 FY26, posting net sales of ₹37.56 crores—the company's first meaningful revenue generation in years. Net profit surged to ₹2.72 crores from ₹0.21 crores in Q2 FY26, marking a sequential growth of 1,195.24%. However, the stock remains highly volatile, trading at ₹29.62 with extreme valuation multiples that raise significant red flags for prudent investors.

Permanent Magnets Ltd., a flagship company of the Taparia Group and a leading manufacturer of cast alloy permanent magnets and electric vehicle parts, reported a modest 10.29% year-on-year increase in net profit to ₹2.25 crores for Q3 FY26 (October-December 2025). However, the quarter-on-quarter performance showed a marginal decline of 5.06% from ₹2.37 crores in Q2 FY26, raising questions about the sustainability of the company's growth trajectory. The stock, currently trading at ₹897.85 with a market capitalisation of ₹773 crores, has gained 3.79% in recent trading sessions but remains 27% below its 52-week high of ₹1,229.90.

Salona Cotspin Ltd., a micro-cap textile manufacturer specialising in cotton yarn and knitted fabrics, reported a sharp decline in profitability for Q3 FY26, with net profit plunging 79.15% quarter-on-quarter to ₹0.33 crores from ₹1.07 crores in Q2 FY26. The Erode-based company, valued at ₹134 crores, saw its stock close at ₹251 on February 9, 2026, down 3.44% on the day, reflecting investor disappointment over deteriorating earnings quality and persistent margin pressures.

Ceinsys Tech Ltd., a Nagpur-based software and consulting firm, delivered another quarter of exceptional growth in Q3 FY26, with consolidated net profit surging 118.25% year-on-year to ₹38.87 crores. The impressive performance pushed nine-month FY26 earnings to ₹96.25 crores, marking a remarkable transformation for this small-cap IT services provider with a market capitalisation of ₹2,159 crores.

TCPL Packaging Ltd., one of India's largest folding carton manufacturers, reported a sharp 33.63% year-on-year decline in net profit to ₹25.04 crores for Q3 FY26 (October-December 2025), down from ₹37.73 crores in the corresponding quarter last year. The Mumbai-based packaging company, with a market capitalisation of ₹2,427 crores, saw its stock trading at ₹2,640.95 as of February 9, 2026, down 0.52% on the day and reflecting broader concerns about deteriorating profitability despite marginal revenue growth.

Gujarat Cotex Ltd., a micro-cap textile manufacturer with a market capitalisation of ₹14.00 crores, reported a sharp 86.49% quarter-on-quarter decline in net profit for Q3 FY26, posting ₹0.05 crores compared to ₹0.37 crores in Q2 FY26. The decline was driven by a severe 56.05% sequential revenue contraction to ₹7.63 crores, highlighting persistent volatility in the company's operational performance.

Vinyoflex Limited, a Rajkot-based PVC films and sheets manufacturer with a market capitalisation of ₹22.00 crores, reported a net profit of ₹0.60 crores for Q2 FY26 (July-September 2025), marking a modest decline of 3.23% quarter-on-quarter but registering a robust 100.00% year-on-year growth. The micro-cap company, which has struggled with profitability volatility and sustained underperformance against benchmarks, continues to face structural challenges despite the sequential revenue improvement. The stock, currently trading at ₹54.30, has plunged 32.38% over the past year, significantly underperforming the Sensex's 7.97% gain during the same period.

Nelcast Limited, a leading manufacturer of ductile and grey iron castings based in Gudur, Andhra Pradesh, reported a dramatic turnaround in Q3 FY26 profitability, with net profit surging 165.89% year-on-year to ₹15.90 crores. However, the impressive headline numbers conceal persistent margin volatility and operational inconsistencies that continue to challenge the company's ₹1,061 crore market capitalisation.