PHOTON
Photon Capital Advisors financials
- Market cap
- ₹36 Cr
Quarterly results
Q3 FY26: revenue down 16.7%, net profit up 159.5% against the same quarter last year.
| Line item | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −14% | 0 +0% | 0 −43% | 0 −17% |
| EBITDA | 0 | -0 | -0 | -0 | -0 | -0 +23% | -0 −80% | -0 +69% |
| Net profit | -2 | -0 | 0 | -0 | -0 +82% | -0 +79% | 0 +16% | 0 +159% |
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 +205.7% 1Y
1Y: ₹115 on 5 Sept 2025 → ₹351.5. High ₹351.5 (7 Sept 2026), low ₹90 (3 Oct 2025).
Financials, as filed
Revenue grew 0.0% a year over 1 year, FY24 to FY25. Operating margin narrowed to -264.0%.
| Year ending | FY24 | FY25 |
|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr |
| Operating profit | ₹-0 Cr | ₹-1 Cr |
| Operating margin | -112.0% | -264.0% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-2 Cr | ₹-1 Cr |
| Net margin | -788.0% | -276.0% |
| Cash from operations | ₹-1 Cr | ₹-0 Cr |
| Free cash flow | ₹-1 Cr | ₹-0 Cr |
| ROCE | 3.0% | -5.5% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Reserves | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹7 Cr | ₹6 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Total liabilities | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹8 Cr | ₹8 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹7 Cr | ₹7 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Other assets | ₹4 Cr | ₹4 Cr | ₹8 Cr | ₹8 Cr | ₹5 Cr | ₹5 Cr |
| Total assets | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹10 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, promoters trimmed −20.42 pp while the public added +20.42 pp. The shareholder count shrank 1% to 6,511.
- Promoters
- 54.5%
- Public
- 45.5%
Since Jun 2025
- Promoters −20.42 pp
- Public +20.42 pp
How it drifted, 12 quarters
Over this window promoters fell from 74.9% to 54.5% — −20.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.9%, Public 25.1%.Dec '23: Promoters 74.9%, Public 25.1%.Mar '24: Promoters 74.9%, Public 25.1%.Jun '24: Promoters 74.9%, Public 25.1%.Sep '24: Promoters 74.9%, Public 25.1%.Dec '24: Promoters 74.9%, Public 25.1%.Mar '25: Promoters 74.9%, Public 25.1%.Jun '25: Promoters 74.9%, Public 25.1%.Sep '25: Promoters 74.9%, Public 25.1%.Dec '25: Promoters 74.9%, Public 25.1%.Mar '26: Promoters 59.5%, Public 40.5%.Jun '26: Promoters 54.5%, Public 45.5%.
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.
- Kamath Technology newly disclosed 7.72% held
- Pravan Holdings Llp newly disclosed 2.76% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Photon Capital Advisors Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sreeram Reddy Vanga | 54.47% | unchanged |
| Pinnapureddy Sridhar Reddy | 7.72% | unchanged |
| Kamath Technology | 7.72% | newly disclosed |
| Sobha Rani Nanduri | 4.35% | unchanged |
| Sembmarine Kakinada Limited | 3.31% | unchanged |
| Pravan Holdings Llp | 2.76% | newly disclosed |
| Sujeet Kumar | 1.91% | unchanged |
| Madanmohan Reddy Kandula | 1.84% | unchanged |
| Vennela Nandury | — | off the list |
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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