Sarda Energy & Minerals Ltd., an integrated steel and ferro alloys manufacturer with captive power generation, reported a consolidated net profit of ₹323.18 crores for Q3 FY26 (October-December 2025), marking a decline of 25.60% quarter-on-quarter despite strong revenue growth. The company, with a market capitalisation of ₹18,329 crores, saw its stock trade at ₹530.00, reflecting a modest gain of 0.22% in the session following the results announcement. The quarter's performance reveals a concerning divergence between top-line expansion and bottom-line compression, primarily driven by margin erosion across operating and net profit levels.

Precision Electronics Ltd., a micro-cap industrial manufacturing company specialising in telecom infrastructure and printed circuit boards, reported a jarring reversal in Q2 FY26, posting a net loss of ₹1.40 crores compared to a ₹1.17 crore loss in Q2 FY25 and a marginal loss of ₹0.28 crores in the preceding quarter. The sharp deterioration in profitability, despite a 48.38% year-on-year revenue surge to ₹15.55 crores, has sent alarm bells ringing about the sustainability of the company's turnaround narrative.

Salora International Ltd., the flagship company of the Jiwarajka Group operating in the trading and distributors sector, continues to grapple with severe financial distress as its stock plunged 46.00% over the past year, significantly underperforming the broader market's 7.07% gain. With a market capitalisation of just ₹31.00 crores and trading at ₹34.02 as of February 06, 2026, the micro-cap company faces mounting operational challenges that have eroded investor confidence and triggered a "Strong Sell" rating with a dismal score of 17 out of 100.

Orient Beverages Ltd., a Kolkata-based soft drink bottling company, reported a steep 57.06% quarter-on-quarter decline in consolidated net profit to ₹0.73 crores for Q2 FY26, down from ₹1.70 crores in the previous quarter. On a year-on-year basis, the company posted a profit of ₹0.73 crores compared to ₹0.23 crores in Q2 FY25, marking a 217.39% YoY jump, though this comparison is skewed by an exceptionally weak base quarter last year. The micro-cap beverage company, with a market capitalisation of ₹39.00 crores, saw its stock close at ₹185.10 on February 6, 2026, up 3.41% on the day but still down 37.28% over the past year.

Omega Ag Seeds (Punjab) Ltd., a micro-cap agricultural seed company with a market capitalisation of ₹9.00 crores, reported continued operational dormancy in Q2 FY26 (Jul-Sep'25), with zero revenue generation and a net loss of ₹0.02 crores. The company's stock, currently trading at ₹10.98, remains 34.68% below its 52-week high of ₹16.81, reflecting investor concerns about the prolonged absence of business activity. With no sales recorded across multiple consecutive quarters and a concerning promoter holding decline from 20.19% to just 0.70%, the company presents substantial risks for investors.

Ugro Capital Ltd., a small-cap non-banking financial company with a market capitalisation of ₹2,336 crores, has reported a concerning quarterly performance that has sent its stock tumbling. The company's shares plunged 4.62% to ₹146.50 on February 06, 2026, reflecting investor alarm over a dramatic 83.6% collapse in quarterly profit. With the stock now trading 27.78% below its 52-week high and entrenched in a bearish technical trend, Ugro Capital faces mounting scrutiny over asset quality and operational sustainability.

Choksi Laboratories Ltd., a micro-cap contract testing and analytical services provider with a market capitalisation of ₹85.00 crores, reported a net profit of ₹0.31 crores for Q3 FY26 (October-December 2025), representing a sequential increase of 29.17% quarter-on-quarter but a substantial 181.82% surge year-on-year from ₹0.11 crores in Q3 FY25. However, the headline profit growth conceals troubling underlying trends, including persistent margin compression, an extraordinarily high tax rate of 65.56%, and declining operating efficiency that raise serious questions about the sustainability of this performance.

Nahar Spinning Mills Ltd., a Ludhiana-based textile manufacturer with a market capitalisation of ₹655.00 crores, reported a disappointing performance in Q2 FY26, swinging to a net loss of ₹4.64 crores from a profit of ₹15.96 crores in the previous quarter. The sharp reversal in profitability, despite marginal revenue growth, highlights severe margin compression and operational challenges facing the micro-cap garment and apparel company.

Ishita Drugs & Industries Ltd., a micro-cap pharmaceutical manufacturer with a market capitalisation of ₹21.00 crores, reported disappointing results for Q2 FY26, with net profit declining 26.32% quarter-on-quarter to ₹0.14 crores from ₹0.30 crores in Q1 FY26. The sharp contraction in profitability came despite the company maintaining a relatively stable operating margin profile, raising concerns about the sustainability of earnings amidst persistent revenue volatility.

Tinna Rubber & Infrastructure Ltd. reported a consolidated net profit of ₹11.77 crores for Q3 FY26 (October-December 2025), representing a marginal sequential growth of 0.26% from ₹11.74 crores in Q2 FY26, but declining 2.97% year-on-year from ₹12.13 crores in Q3 FY25. The small-cap industrial products manufacturer, commanding a market capitalisation of ₹1,293 crores, has witnessed its stock price decline 42.44% over the past year, currently trading at ₹696.50 as of February 6, 2026—down 45.59% from its 52-week high of ₹1,280.00.

SEL Manufacturing Company Ltd., a micro-cap garments and apparel manufacturer with a market capitalisation of ₹94.00 crores, continues to grapple with severe operational challenges as its financial performance remains deeply concerning. The Ludhiana-based company, currently trading at ₹30.15, has witnessed its stock decline 15.19% over the past year, significantly underperforming the Sensex's 7.07% gain during the same period. The company's negative book value of ₹-17.02 per share and persistent quarterly losses underscore fundamental structural issues that have plagued operations for multiple years.

Riddhi Siddhi Gluco Biols Ltd., a micro-cap trading and distribution company with a market capitalisation of ₹377.00 crores, reported deeply concerning Q3 FY26 results that highlight persistent operational challenges. The company posted a consolidated net loss of ₹1.59 crores for the quarter ended December 2025, representing a sharp 111.74% decline quarter-on-quarter and a 95.59% plunge year-on-year. The stock, trading at ₹530.00 as of February 06, 2026, has declined 8.67% over the past year, significantly underperforming the Sensex's 7.07% gain during the same period.

Somi Conveyor Beltings Ltd., a micro-cap manufacturer of customised conveyor belts, reported a disappointing Q2 FY26 performance with net profit plunging 63.56% quarter-on-quarter to ₹0.86 crores from ₹1.20 crores in Q1 FY26. On a year-on-year basis, the decline was even steeper at 63.56% compared to ₹2.36 crores in Q2 FY25. With a market capitalisation of just ₹107.00 crores, the company's shares have been under severe pressure, trading at ₹98.10 as of February 6, 2026, down 45.98% over the past year.

C J Gelatine Products Ltd., a micro-cap speciality chemicals manufacturer with a market capitalisation of ₹8.00 crores, reported a modest return to profitability in Q2 FY26 with net profit of ₹0.04 crores, reversing a loss of ₹0.14 crores in Q1 FY26. However, the quarter-on-quarter improvement masks significant structural challenges facing the Mumbai-based gelatine producer, including razor-thin margins, elevated debt levels, and persistent underperformance against both peers and broader market indices.

Sportking India Ltd., one of India's leading textile yarn manufacturers, reported a challenging second quarter for FY2026, with net profit declining 5.49% sequentially to ₹28.27 crores from ₹34.10 crores in Q1 FY26. Year-on-year performance showed marginal improvement, with profits declining 5.49% from ₹29.91 crores in Q2 FY25. The company, with a market capitalisation of ₹1,300 crores, saw its stock decline 3.31% to ₹101.22 following the results announcement, reflecting investor concerns about sustained margin pressures despite modest revenue growth.

Kuantum Papers Ltd., a micro-cap manufacturer of agro and wood-based writing and printing papers, continues to face profitability headwinds in Q2 FY26, despite achieving modest revenue growth. The company reported net profit of ₹5.77 crores for the quarter ended September 2025, marking a sharp decline of 52.17% quarter-on-quarter and 80.69% year-on-year, even as net sales rebounded 25.46% sequentially to ₹278.42 crores.

Sanrhea Technical Textile Ltd., an ISO 9001:14001 certified Gujarat-based manufacturer of RFL dipped fabrics and heavy industrial fabrics for India's tyre and conveyor-belt industries, reported a disappointing second quarter for FY2026, with net profit declining 20.20% quarter-on-quarter to ₹0.79 crores from ₹0.99 crores in Q1 FY26. On a year-on-year basis, profit fell 34.17% from ₹1.20 crores in Q2 FY25. The results triggered continued weakness in the stock, which has been trading in a mildly bearish technical trend and closed at ₹136.90 on February 6, 2026, down 8.09% over the past year.