Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arcee Industries reported audited results for Q4 and FY ended March 31, 2025, with revenue from operations collapsing to just Rs 15.25 lakhs (FY25) from Rs 107.17 lakhs (FY24), an ~86% decline. Q4 FY25 revenue was zero. The company posted a net loss of Rs 13.37 lakhs for FY25, narrower than Rs 72.51 lakhs loss in FY24, mainly due to a Rs 27.90 lakh deferred tax credit. Other equity stands negative at Rs (162.18) lakhs and operating cash flow was negative at Rs (15.99) lakhs. Management disclosed the manufacturing unit currently has no production activities and the company has been unable to arrange working capital finances to restart PVC pipe production since the lease cancellation in May 2023. The statutory auditor issued an unmodified opinion, and M/s Anil Yash & Associates was appointed as internal auditor for FY26.
Highly negative for shareholders — the company has ceased production, revenue has nearly disappeared, accumulated losses exceed equity, and management itself flags going concern doubts about restarting operations without fresh working capital funding.