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.
Asian Petroproducts & Exports Ltd's board approved unaudited Q2 and H1 FY26 results on November 14, 2025. Revenue from operations surged to Rs. 4,370.54 lakhs in Q2 FY26 and Rs. 4,841.64 lakhs in H1 FY26, compared to nil in the same periods last year, indicating a restart of business activity. The company swung to a small Q2 loss of Rs. 4.75 lakhs but reported an H1 profit of Rs. 8.97 lakhs versus a loss of Rs. 70.71 lakhs a year ago. However, cash and bank balance plunged from Rs. 868.21 lakhs to Rs. 10.45 lakhs, trade receivables ballooned to Rs. 4,326.95 lakhs, and operating cash flow was deeply negative at Rs. (846.77) lakhs. Other equity remains in the red at Rs. (1,271.08) lakhs.
While the topline rebound is encouraging, shareholders should note weak cash conversion, mounting receivables, negative operating cash flow, and accumulated losses that keep book value negative, which raise concerns about working capital and going-concern health despite the modest reported profit.