PROFX

Pro FX Tech financials

Market cap
₹121 Cr
Sector
Consumer Durables
Calls analysed
3
Latest concall · Q4 FY26 · call held 18 May 2026

PROFX Q4 FY26

Q4 FY26 Revenue ₹49.7 cr +35%Q4 FY26 EBITDA ₹7.8 cr +42%Q4 FY26 EBITDA Margin 15.6% +1%Q4 FY26 PAT ₹6.1 cr +100%

What went well

  • Q4 FY26 Revenue from operations grew 35.4% YoY to INR 49.7 crores.
  • Q4 FY26 EBITDA increased 42.3% to INR 7.8 crores, with margin improving 80 bps to 15.6%.
  • Q4 FY26 PAT grew 99.7% to INR 6.1 crores, with margin expanding 390 bps to 12.3%.

What to watch

  • Macroeconomic environment, high currency volatility, and evolving customer demand patterns posed challenges in FY26.
  • Dollar-rupee weakening (12% increase in dollar value over 13 months) negatively impacted profitability, especially in Q3 FY26.
Read the full call →

Guidance record · Q4 FY26

what the last two calls moved 10 tracked 2 delivered 2 missed 6 open
  • Top-line growth delivered said Q3 FY26 Promised: Maintain 30% top-line growth for full year FY26 Q4 FY26: Full year FY26 revenue grew 36.6%, exceeding the 30% target.
  • Working Capital and Inventory Days missed said Q2 FY26 Promised: Expected to balance out going forward Q4 FY26: Inventory days increased from 90 (prior year) to 102 days. While receivables improved to 51 days, the overall cycle remains elevated due to inventory build-up for new experience centers.
  • B2B/B2C Revenue Split on track said Q2 FY26 Promised: Approximately 50/50 over the next couple of years Q4 FY26: FY26 split is 66.4% B2B (Distribution) and 33.6% B2C/Corporate. Direct sales grew faster (50% YoY) than distribution (30.6% YoY), showing progress towards the target.

All 10 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 20.5%, net profit up 4.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue48 38 79 37 50 +4%46 +21%
EBITDA3 5 10 5 8 +187%5 −3%
Net profit2 4 7 3 6 +254%4 +5%
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 −30.4% 1Y

₹60₹70₹80₹90₹100Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 3 Dec 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 18 May 2026

1Y: ₹102.1 on 10 Sept 2025 → ₹71.1. High ₹105.5 (18 Sept 2025), low ₹58 (27 Mar 2026).

How the price took the results

close before → close after

Q4 FY26
+10.7%
18 May
Q3 FY26
−11.0%
29 Jan
Q2 FY26
−3.0%
3 Dec

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Year endingFY26
Revenue₹204 Cr
Operating profit₹29 Cr
Operating margin14.0%
Interest₹0 Cr
Depreciation₹1 Cr
Net profit₹20 Cr
Net margin9.9%
Cash from operations₹-10 Cr
Free cash flow₹-11 Cr
ROCE32.0%
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 endingFY20FY22FY23FY24FY25FY26
Equity capital₹0 Cr₹0 Cr₹0 Cr₹13 Cr₹18 Cr₹18 Cr
Reserves₹4 Cr₹8 Cr₹15 Cr₹12 Cr₹64 Cr₹72 Cr
Borrowings₹6 Cr₹3 Cr₹1 Cr₹4 Cr₹0 Cr₹2 Cr
Other liabilities₹14 Cr₹22 Cr₹21 Cr₹17 Cr₹25 Cr₹21 Cr
Total liabilities₹24 Cr₹33 Cr₹38 Cr₹46 Cr₹106 Cr₹112 Cr
Fixed assets₹1 Cr₹4 Cr₹3 Cr₹1 Cr₹1 Cr₹2 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₹23 Cr₹29 Cr₹35 Cr₹45 Cr₹105 Cr₹110 Cr
Total assets₹24 Cr₹33 Cr₹38 Cr₹46 Cr₹106 Cr₹112 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 Sep 2025, the public added +2.53 pp while FIIs trimmed −1.30 pp. The shareholder count shrank 11% to 583.

Promoters
50.3%
DIIs
1.8%
Public
47.9%

Since Sep 2025

  • Public +2.53 pp
  • FIIs −1.30 pp
  • DIIs −1.23 pp

How it drifted, 4 quarters

Over this window the public went from 45.4% to 47.9% — +2.5 pp.

Sep '25Dec '25Jun '26

Ownership split by quarter, oldest first. Sep '25: Promoters 50.3%, FIIs 1.3%, DIIs 3.0%, Public 45.4%.Dec '25: Promoters 50.3%, DIIs 2.2%, Public 47.5%.Mar '26: Promoters 50.3%, DIIs 1.8%, Public 47.9%.Jun '26: Promoters 50.3%, DIIs 1.8%, Public 47.9%.

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 Pro FX Tech Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Shreya Nambiar 25.74%unchanged
Manmohan Ganesh 24.56%unchanged
Meena Nambiar 0.00%newly disclosed
Sujatha Giri Rajan 0.00%newly disclosed
Girirajan 0.00%newly disclosed
Anoushka Rao 0.00%newly disclosed
Namratha Rao 0.00%newly disclosed
Prasanna Kumar Ganesh 0.00%newly disclosed
Anupama Manmohan 0.00%newly disclosed
Shyamala Ganesh 0.00%newly disclosed
G Balachandra Kiran 0.00%newly disclosed
Late Hosbert Ganesh 0.00%newly disclosed

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.

What the price assumes

Growth the price implies
-8.0% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹71.1

Change the assumptions yourself →

All earnings calls (3)

Read the Q4 FY26 call →

Learn to analyse Pro FX Tech Ltd

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