PULZ
Pulz Electronics financials
- Market cap
- ₹52 Cr
- Sector
- Consumer Durables
Quarterly results
Q4 FY26: revenue up 2.3%, net profit down 34.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 16 | 16 | 16 | 18 +31% | 13 −20% | 12 −26% | 16 +2% |
| EBITDA | 3 | 4 | 4 | 4 | 5 +57% | 0 −95% | 2 −55% | 3 −25% |
| Net profit | 2 | 3 | 3 | 3 | 4 +62% | -2 −159% | 2 −50% | 2 −34% |
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 −43.0% 1Y
1Y: ₹42 on 10 Sept 2025 → ₹23.95. High ₹42 (10 Sept 2025), low ₹21.35 (18 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹11 Cr | ₹11 Cr | ₹22 Cr | ₹22 Cr |
| Reserves | ₹7 Cr | ₹8 Cr | ₹8 Cr | ₹14 Cr | ₹13 Cr | ₹9 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹6 Cr | ₹6 Cr | ₹8 Cr | ₹6 Cr | ₹5 Cr | ₹4 Cr |
| Total liabilities | ₹18 Cr | ₹20 Cr | ₹27 Cr | ₹31 Cr | ₹41 Cr | ₹35 Cr |
| Fixed assets | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹4 Cr | ₹3 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹15 Cr | ₹17 Cr | ₹23 Cr | ₹27 Cr | ₹36 Cr | ₹31 Cr |
| Total assets | ₹18 Cr | ₹20 Cr | ₹27 Cr | ₹31 Cr | ₹41 Cr | ₹35 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 Mar 2026
Since Mar 2025, the public added +0.98 pp while promoters trimmed −0.68 pp. The shareholder count shrank 21% to 617.
- Promoters
- 69.0%
- FIIs
- 0.4%
- DIIs
- 0.3%
- Public
- 30.4%
Since Mar 2025
- Public +0.98 pp
- Promoters −0.68 pp
- DIIs −0.20 pp
How it drifted, 12 quarters
Over this window promoters fell from 73.4% to 69.0% — −4.4 pp.
Ownership split by quarter, oldest first. Mar '21: Promoters 73.4%, Public 26.6%.Sep '21: Promoters 73.4%, Public 26.6%.Mar '22: Promoters 73.4%, Public 26.6%.Sep '22: Promoters 73.4%, Public 26.6%.Mar '23: Promoters 73.4%, Public 26.6%.Sep '23: Promoters 73.3%, Public 26.7%.Mar '24: Promoters 69.7%, Public 30.3%.Sep '24: Promoters 69.7%, FIIs 0.5%, Public 29.9%.Oct '24: Promoters 69.7%, FIIs 0.5%, Public 29.9%.Mar '25: Promoters 69.7%, FIIs 0.5%, DIIs 0.5%, Public 29.4%.Sep '25: Promoters 69.7%, FIIs 0.5%, DIIs 0.5%, Public 29.3%.Mar '26: Promoters 69.0%, FIIs 0.4%, DIIs 0.3%, Public 30.4%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sonia newly disclosed 1.33% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Pulz Electronics Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Ramakrishnan Manden Kattil | 47.69% | unchanged |
| Anirvan Ghose | 21.29% | −0.68 pp |
| Manoj Agarwal | 2.37% | unchanged |
| Sujay Rajababu Sheth | 2.00% | −1.21 pp |
| Sonia | 1.33% | newly disclosed |
| Bijon Benoy Bhadra | 1.04% | unchanged |
| Arjun Ghose | 0.00% | unchanged |
| Neeta Ramakrishnan | 0.00% | unchanged |
| Rumeeta Ghose | 0.00% | unchanged |
| Devangi Ramakrishnan | 0.00% | unchanged |
| Bhavya Ramakrishnan | 0.00% | 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 Pulz Electronics Ltd
Guides on how to read this kind of business and the numbers that matter.