Attached herewith Unaudited Financial Results for the Quarter ended 30.06.2025. Also attached herewith Limited Review Report for the Quarter ended 30.06.2025
Awaiting price reaction for this filing.
Uniworth Ltd reported Q1 FY26 results showing total revenue of just Rs. 2.63 lakhs (up from Rs. 1.34 lakhs a year ago, but negligible in scale). The company posted a net loss of Rs. 45.14 lakhs for the quarter, slightly wider than the Rs. 43.77 lakhs loss in the same quarter last year, with EPS of Rs. (0.13). Full-year FY25 ended with a loss of Rs. 185.08 lakhs. Auditor Khandelwal Ray & Co gave an unmodified review report but flagged several serious issues: the Raipur manufacturing unit has been shut since January 2021 with power supply disconnected, original books of accounts are inaccessible, and financials were prepared from management-reconstructed books. Bank accounts at Axis Bank, J&K Bank and Kotak Mahindra Bank remain frozen (book balance Rs. 77.61 lakhs vs NIL per bank statements). Overdue export bills of Rs. 56,145.26 lakhs (over Rs. 561 crore) have not been provided for as doubtful. Contingent liabilities include Rs. 3,061.97 lakhs of government demands under appeal and Rs. 382.24 lakhs in preference shareholder claims. Total liabilities of Rs. 191,116.09 lakhs dwarf paid-up equity of just Rs. 3,398.62 lakhs, leaving negative capital employed of Rs. 116,786.58 lakhs.
This is a deeply distressed micro-cap stock. With liabilities about 56 times equity and negative net worth, shareholders face significant risks of further dilution, regulatory action, or insolvency. The continued losses, shut factory, frozen bank accounts, and massive unrecovered receivables make this highly speculative — avoid unless you fully understand the downside risks.