As attached
Awaiting price reaction for this filing.
Prabhav Industries Ltd reported its Q1 FY26 results on August 12, 2025. The company had zero revenue from operations, with total income of just Rs. 3.11 lakhs (entirely from 'other income'), down from Rs. 4.60 lakhs in the same quarter last year. Total expenses stood at Rs. 2.99 lakhs, leading to a marginal profit before tax of Rs. 0.12 lakhs versus Rs. 1.81 lakhs in Q1 FY25. The statutory auditor (K.S. Subrahmanyam & Co.) issued an unmodified limited review report with no qualifications or emphasis of matter. The full-year FY25 figures show a loss of Rs. 44.25 lakhs on total income of Rs. 13.54 lakhs, and the company appears to have no active business operations, relying only on other income.
The stock is essentially a non-operating shell with zero core revenue and negligible profits dependent entirely on other income. Shareholders should view this as a high-risk, low-activity counter with a clean auditor opinion but no real business momentum to drive value.