Audited result for the year ended on March 31, 2025
Awaiting price reaction for this filing.
Prabhav Industries Ltd reported zero revenue from operations for FY25, with total income of just ₹13.54 lakh (down from ₹18.26 lakh in FY24), coming entirely from other income. The company posted a net loss of ₹44.25 lakh for the full year, wider than the ₹16.02 lakh loss in FY24, largely due to a ₹33.55 lakh earlier-year tax adjustment. Total expenses stood at ₹24.25 lakh, with employee costs of ₹4.50 lakh and other expenses of ₹19.77 lakh making up the bulk. The auditor (K.S. Subrahmanyam & Co.) issued an unmodified opinion, but the balance sheet shows deeply negative other equity of ₹(9,047.54) lakh against share capital of ₹4,608.91 lakh, resulting in negative total equity. Cash from operations was negative at ₹(33.55) lakh. Related party transactions were limited to remuneration of ₹1.50 lakh to the CFO and ₹0.78 lakh to the Company Secretary.
This is a serious red flag for shareholders — the company has no operating business, is loss-making, has eroded shareholders' equity into negative territory, and is burning cash. With no revenue and a negative net worth, the stock faces heightened going-concern risk and is essentially a shell with non-operational income only.