FINELINE
Fine-line Circuits financials
- Market cap
- ₹29 Cr
Quarterly results
Q1 FY27: revenue up 47.9%, net profit up 183.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 10 | 7 | 7 | 10 +39% | 8 −19% | 8 +27% | 11 +48% |
| EBITDA | 0 | 0 | 0 | 0 | 0 +40% | 0 +7% | 0 +104% | 0 +41% |
| Net profit | 0 | 0 | -0 | 0 | 0 +75% | 0 +20% | -0 −850% | 0 +183% |
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 −33.9% 1Y
1Y: ₹98.66 on 9 Sept 2025 → ₹65.25. High ₹102.35 (20 Oct 2025), low ₹49.72 (23 Jun 2026).
Financials, as filed
Revenue grew 16.9% a year over 2 years, FY24 to FY26. Operating margin held at 4.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹24 Cr | ₹30 Cr | ₹33 Cr |
| Operating profit | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Operating margin | 4.3% | 3.9% | 4.7% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net margin | 0.5% | 0.6% | 0.2% |
| Cash from operations | ₹-2 Cr | ₹2 Cr | ₹0 Cr |
| Free cash flow | ₹-2 Cr | ₹1 Cr | ₹-1 Cr |
| ROCE | 4.5% | 4.5% | 5.6% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Borrowings | ₹4 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr | ₹7 Cr | ₹7 Cr |
| Other liabilities | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹5 Cr | ₹5 Cr |
| Total liabilities | ₹15 Cr | ₹16 Cr | ₹18 Cr | ₹18 Cr | ₹21 Cr | ₹22 Cr |
| Fixed assets | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 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 | ₹12 Cr | ₹13 Cr | ₹15 Cr | ₹15 Cr | ₹17 Cr | ₹18 Cr |
| Total assets | ₹15 Cr | ₹16 Cr | ₹18 Cr | ₹18 Cr | ₹21 Cr | ₹22 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
The ownership split has held steady since Jun 2025. The shareholder count grew 4% to 10,703.
- Promoters
- 33.4%
- Public
- 66.6%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 33.4%, Public 66.6%.Dec '23: Promoters 33.4%, Public 66.6%.Mar '24: Promoters 33.4%, Public 66.6%.Jun '24: Promoters 33.4%, Public 66.6%.Sep '24: Promoters 33.4%, Public 66.6%.Dec '24: Promoters 33.4%, Public 66.6%.Mar '25: Promoters 33.4%, Public 66.6%.Jun '25: Promoters 33.4%, Public 66.6%.Sep '25: Promoters 33.4%, Public 66.6%.Dec '25: Promoters 33.4%, Public 66.6%.Mar '26: Promoters 33.4%, Public 66.6%.Jun '26: Promoters 33.4%, Public 66.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Fine-line Circuits Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bhagwandas Trikamdas Doshi | 12.66% | unchanged |
| Upendranath Nimmagadda | 9.78% | unchanged |
| Kapurwala Properties Pvt Ltd | 6.29% | unchanged |
| Rajiv Bhagwandas Doshi | 4.64% | unchanged |
| Gautam Bhagwandas Doshi | 4.64% | unchanged |
| Ajay Pranlal Shah | 3.90% | −0.13 pp |
| Abhay Bhagwandas Doshi | 3.44% | unchanged |
| Ravi Kumar Aggarwal | 3.33% | unchanged |
| Sangeetha S . | 1.87% | unchanged |
| Pannu Bhansali | 1.74% | unchanged |
| Vibha Abhay Doshi | 1.73% | unchanged |
| Vijay Aggarwal | 1.56% | 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.
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