RESULT FOR QUARTER AND YEAR ENDED 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Agio Paper & Industries Ltd reported a net loss of Rs. 1,805.18 lakhs for FY2025-26, a massive deterioration from Rs. 157.78 lakhs loss in the previous year. Revenue from operations is negligible at Rs. 0.44 lakhs for Q4. The company's factory at Bilaspur has been suspended since October 2010 due to pollution control issues, and substantial plant & machinery has already been disposed. The company impaired 75% (Rs. 1,627.54 lakhs) of its CWIP based on estimated recoverable value. Total equity has turned negative at Rs. -1,661.38 lakhs. The auditor issued an unmodified opinion but included an Emphasis of Matter paragraph highlighting material uncertainty about the company's ability to continue as a going concern, dependent on promoter financial support and ability to infuse requisite funds. No dividend was declared. Internal auditors were appointed for FY2026-27.
The company is in severe financial distress with negative equity and heavy losses. The auditor's going concern warning and factory suspension since 2010 indicate the stock carries extremely high risk. The company needs urgent capital infusion to remain operational.