Approved Audited Financial Results, Cash Flow Statement of Master Chemicals Limited (Scrip Code: 506867) for the fourth quarter ended on 31st March, 2025 along with Auditors Report of the ....
Awaiting price reaction for this filing.
Master Chemicals Limited reported audited financial results for Q4 and full year ended March 31, 2025. The company posted zero revenue from operations and zero other income, confirming it has been non-operational. Total expenses for FY25 were Rs. 17.08 lakhs (mainly employee costs of Rs. 15.08 lakhs), leading to a net loss of Rs. 17.08 lakhs, slightly improved from a Rs. 21.75 lakhs loss in FY24. Loss per share widened to Rs. 9.07 (FY25) from Rs. 8.70 (FY24). Total equity turned negative at Rs. (77.35) lakhs, meaning the company's net worth is fully eroded. The statutory auditor, Gupta Rustagi & Co., issued a qualified opinion citing material uncertainty over going concern since the firm is non-operational with no revenue and negative net worth.
This is a deeply negative filing for shareholders. The company is effectively non-operational with zero revenue, fully eroded net worth, and a qualified audit opinion flagging going concern doubts. The stock carries significant risk and may attract regulatory attention; existing shareholders face the real possibility of value erosion or delisting risk.