Domestic institutional investors (DIIs) significantly increased their stakes in four companies during the September quarter, according to shareholding data analysis. Spectrum Electrical Industries saw the most dramatic increase, with DII holding rising to 7.62% from just 0.36% in June, primarily linked to a preferential issue approved in July 2026. Meesho's DII holding increased to 13.60% from 9.14%, gaining 4.46 percentage points. Neogen Chemicals saw DII holding rise to 23.43% from 19.60%, an increase of 3.83 percentage points. Aditya Infotech's DII holding rose to 15.80% from 13.61%, an increase of 2.19 percentage points.
Spectrum Electrical Industries, which manufactures electrical components and offers services including electroplating and injection moulding, reported exceptional Q1FY27 results. According to reports from Equitymaster.com, revenue rose 80% year-on-year to ₹154 crore, while Ebitda more than doubled to ₹24.2 crore with margins expanding 197 basis points to 15.68%. Net profit grew 132% to ₹13 crore. The company has expanded into electric vehicle chargers and tooling solutions, with trailing 12-month revenue reaching ₹680 crore compared to ₹400 crore in FY25. Most proceeds from the preferential issue are earmarked for debt repayment to strengthen the balance sheet.
Meesho, the online marketplace connecting small sellers with shoppers across India, maintained strong growth momentum in Q1FY27. As reported by Equitymaster.com, revenue from operations rose 48% year-on-year to ₹3,713 crore, while net merchandise value grew 34% to ₹11,614 crore. The platform processed 72.5 crore orders, up 29%, with annual transacting users reaching 27.4 crore. Net loss narrowed to ₹133 crore from ₹289 crore a year earlier, with contribution margin improving to 4.6% of NMV. However, the new initiatives business remains a drag with adjusted EBITDA loss more than doubling to ₹39 crore.
Neogen Chemicals reported strong Q1FY27 results with consolidated revenue rising 34% year-on-year to ₹250 crore. According to Equitymaster.com, organic chemicals revenue grew 18% to ₹194 crore while inorganic chemicals revenue jumped 158% to ₹57 crore. EBITDA increased 53% to ₹48.2 crore with margins expanding 260 basis points to 19.3%. The company is building a battery chemicals business through subsidiary Neogen Ionics, with management expecting the business to generate ₹300 crore in FY27 revenue. Battery materials projects have a total cost of ₹1,795 crore, with ₹218 crore spent in Q1FY27.
Aditya Infotech, which sells security products under the CP PLUS brand, reported exceptional Q1FY27 performance. As reported by Equitymaster.com, revenue grew 89.5% year-on-year to ₹1,402 crore while gross margin expanded 810 basis points to 30.8%. Ebitda jumped 220% to ₹208 crore with margins lifting 604 basis points to 14.8%. Adjusted net profit rose 332.5% to ₹142 crore, translating into a profit margin of 10.1%. The company targets FY27 revenue guidance of ₹6,000-6,500 crore against ₹4,220 crore in FY26.
