ADARSHPL

Adarsh Plant Project financials

Market cap
₹30 Cr

Quarterly results

Q1 FY27: revenue down 10.2%, net profit down 625.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue5 4 4 3 4 −30%3 −33%3 −28%2 −10%
EBITDA0 0 -1 0 0 −84%0 −56%1 +157%-0 −300%
Net profit0 0 -1 -0 0 −97%-0 −600%0 +105%-0 −625%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +4.1% 1Y

₹25.0₹30.0₹35.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹25 on 9 Sept 2025 → ₹26.02. High ₹38.84 (28 Oct 2025), low ₹24.46 (19 Nov 2025).

Financials, as filed

Revenue fell 19.6% a year over 2 years, FY24 to FY26. Operating margin widened to 7.0%.

Year endingFY24FY25FY26
Revenue₹19 Cr₹18 Cr₹12 Cr
Operating profit₹1 Cr₹-1 Cr₹1 Cr
Operating margin4.0%-4.9%7.0%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹0 Cr₹0 Cr₹1 Cr
Net profit₹0 Cr₹-1 Cr₹-0 Cr
Net margin2.6%-6.5%-0.2%
Cash from operations₹1 Cr₹1 Cr₹-0 Cr
Free cash flow₹1 Cr₹1 Cr₹-0 Cr
ROCE11.7%-14.7%5.7%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr
Reserves₹-9 Cr₹-9 Cr₹-9 Cr₹-8 Cr₹-10 Cr₹-10 Cr
Borrowings₹6 Cr₹6 Cr₹5 Cr₹5 Cr₹5 Cr₹6 Cr
Other liabilities₹2 Cr₹2 Cr₹2 Cr₹3 Cr₹2 Cr₹2 Cr
Total liabilities₹8 Cr₹8 Cr₹8 Cr₹9 Cr₹8 Cr₹8 Cr
Fixed assets₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹1 Cr₹1 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹8 Cr₹8 Cr₹7 Cr₹8 Cr₹8 Cr₹7 Cr
Total assets₹8 Cr₹8 Cr₹8 Cr₹9 Cr₹8 Cr₹8 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +0.73 pp while the public trimmed −0.72 pp. The shareholder count shrank 1% to 5,252.

Promoters
70.6%
DIIs
0.7%
Public
28.6%

Since Jun 2025

  • DIIs +0.73 pp
  • Public −0.72 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 70.5%, Public 29.5%.Dec '23: Promoters 70.6%, Public 29.4%.Mar '24: Promoters 70.6%, Public 29.4%.Jun '24: Promoters 70.6%, Public 29.4%.Sep '24: Promoters 70.6%, Public 29.4%.Dec '24: Promoters 70.6%, Public 29.4%.Mar '25: Promoters 70.6%, Public 29.4%.Jun '25: Promoters 70.6%, Public 29.4%.Sep '25: Promoters 70.6%, Public 29.4%.Dec '25: Promoters 70.6%, DIIs 0.2%, Public 29.2%.Mar '26: Promoters 70.6%, DIIs 0.3%, Public 29.1%.Jun '26: Promoters 70.6%, DIIs 0.7%, Public 28.6%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Adarsh Plant Project Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Naishadkumar Naginbhai Patel 40.61%unchanged
Atish Naishadhkumar Patel 30.02%unchanged
Jayshree Sanjay Patni 4.09%unchanged
Kailashben Ashokkumar Patel 1.24%unchanged
Hitesh Pragjibhai Patel 1.19%newly disclosed
Prabha Patni . 1.16%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Adarsh Plant Project Ltd.

Guides on how to read this kind of business and the numbers that matter.