PULSRIN
Pulsar International financials
- Market cap
- ₹33 Cr
Quarterly results
Q1 FY27: revenue up 206.5%, net profit down 117.5% 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 | 10 | 6 | 9 | 8 | 8 −20% | 40 +529% | 74 +748% | 23 +207% |
| EBITDA | 1 | 1 | -0 | 0 | 0 −71% | 4 +442% | -4 −802% | -0 −110% |
| Net profit | 1 | 1 | -0 | 0 | 0 −79% | 3 +398% | -4 −757% | -0 −117% |
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 −87.1% 1Y
1Y: ₹3.18 on 10 Sept 2025 → ₹0.41. High ₹3.18 (10 Sept 2025), low ₹0.37 (22 Jul 2026).
Financials, as filed
Revenue grew 169.4% a year over 2 years, FY24 to FY26. Operating margin narrowed to 0.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹18 Cr | ₹31 Cr | ₹129 Cr |
| Operating profit | ₹0 Cr | ₹2 Cr | ₹0 Cr |
| Operating margin | 0.9% | 5.8% | 0.2% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹2 Cr | ₹0 Cr |
| Net margin | 12.9% | 5.8% | 0.1% |
| Cash from operations | ₹-5 Cr | ₹0 Cr | ₹-29 Cr |
| Free cash flow | ₹-5 Cr | ₹0 Cr | ₹-36 Cr |
| ROCE | 31.0% | 15.0% | 0.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹6 Cr | ₹7 Cr | ₹43 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹5 Cr | ₹6 Cr | ₹5 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹16 Cr | ₹60 Cr |
| Total liabilities | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹13 Cr | ₹29 Cr | ₹108 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹6 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 | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹13 Cr | ₹28 Cr | ₹102 Cr |
| Total assets | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹13 Cr | ₹29 Cr | ₹108 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, the public added +5.66 pp while promoters trimmed −5.65 pp. The shareholder count grew 54% to 49,296.
- Promoters
- 2.5%
- Public
- 97.5%
Since Jun 2025
- Public +5.66 pp
- Promoters −5.65 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 71.0% to 97.5% — +26.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 28.9%, FIIs 0.1%, Public 71.0%.Dec '23: Promoters 13.3%, FIIs 0.0%, Public 86.6%.Mar '24: Promoters 10.4%, FIIs 0.0%, Public 89.5%.Jun '24: Promoters 9.3%, FIIs 0.0%, Public 90.7%.Sep '24: Promoters 8.2%, Public 91.8%.Dec '24: Promoters 8.2%, Public 91.8%.Mar '25: Promoters 8.2%, Public 91.8%.Jun '25: Promoters 8.2%, Public 91.8%.Sep '25: Promoters 8.2%, Public 91.8%.Dec '25: Promoters 8.2%, Public 91.8%.Mar '26: Promoters 2.5%, Public 97.5%.Jun '26: Promoters 2.5%, Public 97.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Pulsar International Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Pulsar International Limited Suspense Escrow Accou | 4.35% | unchanged |
| Bluerock Investment Quotient | 2.53% | unchanged |
| Jaimin Manubhai Vyas . | — | off the list |
| Kapilkumar Banglesha | — | off the list |
| Hitendra Bhanuprasad Upadhyay . | — | off the list |
| Meet Rajendrakumar Patel | — | off the list |
| Tarang Devendrakumar Shah | — | 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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