1.Considered and approved Un-Audited Financial Results for the Quarter and half year ended September 30, 2025 2. Integrated Filing (Financial) for the Quarter ended Sepetmber 30, 2025 ....
Awaiting price reaction for this filing.
Charms Industries reported zero revenue from operations for Q2 FY26 as well as for the half year ended September 30, 2025 — a continuation of the company's stalled business activity (FY25 full-year revenue was only Rs. 3.21 lakh). The company posted a loss before tax of Rs. 4.02 lakh in Q2 FY26 and Rs. 7.38 lakh for H1 FY26, with EPS of Rs. (0.10). The balance sheet shows shareholders' equity has turned deeply negative at Rs. (5.48) lakh (other equity at Rs. (416.09) lakh), against total assets of just Rs. 54.33 lakh and borrowings of Rs. 40.25 lakh. Operating cash flow turned negative at Rs. (6.75) lakh versus a small positive last year. Management has explicitly included a 'going concern' note stating zero revenue and that steps are being taken to mitigate adverse factors.
This is a deeply distressed micro-cap — zero operating revenue, widening losses, negative net worth and a management-level going concern flag make this a high-risk, thinly-traded stock with near-term recovery unlikely without a major business revival. Shareholders face significant solvency risk; the equity is essentially worthless on a book basis.