Avsar.

Q4FY26 · Standalone

EQUIPPP's 0.13 depreciation charge cut into 0.19 operating profit

Zero reported interest and a 0.0% tax rate allowed net profit to match profit before tax at 0.07.

By Ashutosh

Filed 16 Sep 2026, 16:17 IST · after market close · EQUIPPP (EQUIPPP)

Key takeaways

  • Standalone operating profit of 0.19 on revenue of 0.47 translated into a 40.37% operating margin.
  • Depreciation of 0.13 was the main reported charge below operating profit, while interest was 0.0.
  • Net profit of 0.07 equalled profit before tax because the reported tax rate was 0.0%, with other income at 0.01.

Standalone profitability before depreciation

EQUIPPP reported standalone revenue of 0.47 and operating profit of 0.19 in Q4FY26. The 0.28 expense base still left a 40.37% operating margin, but the reported depreciation charge was substantial relative to operating profit. With no year-on-year or sequential comparison supplied, the quarter's absolute profitability is the main read-through.

Depreciation, not interest, shaped the profit bridge

Depreciation of 0.13 reduced profit before tax to 0.07 from operating profit of 0.19. Interest was reported at 0.0, so financing costs did not weigh on the result. Other income of 0.01 was not the main source of pre-tax profit.

Results were filed after market close

The standalone results were filed after market close on 16 Sep 2026. No immediate stock reaction is assessed here, and there is no supplied history of post-results moves for comparison.

Q4FY26 at a glance

Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ4FY26
Revenue₹0 cr
Other income₹0 cr
Expenses₹0 cr
Operating profit₹0 cr
Operating margin (%)40.37%
Interest₹0 cr
Depreciation₹0 cr
Profit before tax₹0 cr
Tax₹0 cr
Net profit₹0 cr
EPS (₹)₹0.01

What to watch

  • Whether operating margin remains near 40.37%.
  • Whether depreciation stays below operating profit of 0.19.
  • Whether the reported tax rate remains at 0.0%.