Team24 Consumer Products Ltd (PHILCORP)
🎯 Key Takeaways
- Team24 Consumer Products Ltd (PHILCORP) is in a distressed phase, marked by persistent losses, negative returns, and deteriorating profitability metrics. The company has reported consecutive quarters of minimal revenue and operating losses, with ROE and ROCE remaining deeply negative, indicating severe operational and financial challenges.
- Revenue declined 49.5% QoQ to ₹1 in Q1FY27.
- ⚠️ Chronic lack of revenue growth and stagnant top-line performance with no visible recovery plan.
📖 The Story
Team24 Consumer Products Ltd (PHILCORP) is in a distressed phase, marked by persistent losses, negative returns, and deteriorating profitability metrics. The company has reported consecutive quarters of minimal revenue and operating losses, with ROE and ROCE remaining deeply negative, indicating severe operational and financial challenges. Despite promoter-held stability, there is no evidence of recovery or strategic revitalization, suggesting stagnation rather than transformation.
📰 What's Happening
Management has not announced any new strategic initiatives, acquisitions, or operational expansions in recent filings. The most recent quarterly results (Jun 2026) show negligible revenue (₹1 crore) and an operating loss of ₹0 crore, with operating margin collapsing to -46.4% from 19.7% in Jun 2025. Earlier quarters (Mar 2026) showed improved operating margin at 7.2%, but this was an outlier amid otherwise flat performance. No major capital expenditures, M&A, or restructuring plans were disclosed in the latest filings.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 1 | 1 |
| Operating Profit | 0 | 0 | 0 | 0 | -0 |
| OPM % | 19.7% | 66.7% | 16.7% | 7.2% | -46.4% |
| Net Profit | 0 | 0 | 0 | 0 | -0 |
| EPS | ₹0.05 | ₹0.03 | ₹0.01 | ₹0.03 | ₹-0.10 |
Revenue has remained largely stagnant at ₹1 crore over the past several quarters, with no meaningful growth or recovery in sight. Operating performance has swung between minimal gains and deep losses, with margins fluctuating without a clear trend. The company posted a net loss of ₹0 crore in Jun 2026, but earlier quarters showed small profits that did not sustain. The lack of revenue expansion and recurring losses suggest the business is not gaining traction, despite isolated improvements in margin during select periods.
🔮 Management Outlook & What's Next
There is no forward-looking guidance or strategic outlook provided in the latest regulatory filings. Management has not addressed future revenue targets, margin improvement plans, or capital allocation strategies. The absence of commentary on business recovery or operational turnaround implies a lack of confidence or clarity in future performance expectations.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 12 | 26 | 26 | 26 |
| Reserves | -16 | -13 | -13 | -13 |
| Borrowings | 4 | 0 | 0 | 0 |
| Total Liabilities | 0 | 13 | 14 | 13 |
| Fixed Assets | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Total Assets | 0 | 13 | 14 | 13 |
The balance sheet remains extremely thin, with total assets of just ₹13–14 crore and no borrowings. Equity remains stable at ₹26 crore, but reserves are negative at ₹13 crore, indicating accumulated losses eroding capital. There is no evidence of active investment in growth or asset creation, and the company is not deleveraging because it has no debt. The financial structure suggests minimal operational activity and a lack of capital deployment.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | -0 |
| Investing | +14 |
| Financing | -1 |
| Net Cash Flow | +13 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 77.4% | 73.9% | 73.9% | 73.9% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.1% | 0.1% | 0.1% | 0.1% |
| Public | 20.7% | 20.2% | 20.8% | 20.9% |
| # Shareholders | 15,518 | 15,398 | 15,174 | 15,015 |
Promoter holding has remained stable at 73.93% over the last four quarters, with no signs of dilution or stake sales. However, institutional interest is negligible — FII and DII holdings have hovered near zero, with only minor fluctuations. The number of public shareholders has slightly declined, suggesting limited retail interest. There are no indicators of activist activity or significant investor engagement beyond passive holding.
⚖️ Peer Comparison — FMCG
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| HINDUNILVR | 4.69 L Cr | 31.3 | 29.8% | 30.7% | 0.00 |
| ITC | 3.21 L Cr | 16.2 | 36.0% | 27.8% | 0.03 |
| NESTLEIND | 2.84 L Cr | 74.6 | 99.2% | 73.9% | 0.00 |
| VBL | 1.38 L Cr | 40.8 | 21.5% | 17.4% | 0.10 |
| BRITANNIA | 1.26 L Cr | 48.6 | 54.1% | 51.1% | 0.27 |
| LENSKART | 1.15 L Cr | 173.0 | 11.9% | 7.7% | 0.03 |
| MARICO | 1.08 L Cr | 56.9 | 54.2% | 46.4% | 0.08 |
| TATACONSUM | 1.03 L Cr | 62.9 | 10.2% | 8.0% | 0.10 |
| GODREJCP | 92,399 | 48.3 | 17.8% | 15.1% | 0.33 |
| DABUR | 67,969 | 34.5 | 21.3% | 17.1% | 0.09 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Chronic lack of revenue growth and stagnant top-line performance with no visible recovery plan. 2. Recurring operating and net losses despite sporadic margin improvements, indicating structural unviability. 3. Negative reserves and eroding equity base, raising concerns about long-term solvency. 4. Absence of institutional or analyst coverage, suggesting limited market confidence or transparency.
🧠 Analyst's Read
Team24 Consumer Products Ltd shows no signs of operational revival or strategic momentum, remaining trapped in a cycle of minimal activity and financial loss. Without new catalysts, clearer guidance, or institutional interest, the company appears stagnant rather than undergoing transformation. Investors should monitor for any shift in management narrative or unexpected operational developments, but current indicators suggest limited upside or recovery potential.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-01.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when PHILCORP files new disclosures
Track PHILCORP filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track PHILCORP — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd