Audited Standalone & Consolidated financial results for the quarter and year ended 31st March, 2026
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Blue Blends reported standalone revenue of Rs 15,314.97 Lakhs for FY26, a massive jump from Rs 526.30 Lakhs in FY25 (growth of ~2,809%). Despite this explosive revenue growth, the company continues to be loss-making with standalone net loss of Rs 143.47 Lakhs for FY26 compared to loss of Rs 72.83 Lakhs in FY25. The company went through an NCLT resolution process where existing share capital was extinguished and a new Resolution Applicant will infuse fresh equity. Auditors issued an unmodified (clean) opinion. The company has negative reserves of Rs -1,647.60 Lakhs on standalone basis. Operating cash flow turned positive at Rs 295.25 Lakhs in FY26 from negative Rs 1,845.01 Lakhs in FY25. Trade receivables increased significantly from Rs 27.99 Lakhs to Rs 509.63 Lakhs year-on-year.
While the company showed extraordinary revenue growth, it remains loss-making and has negative shareholder equity, indicating significant financial stress despite NCLT resolution. The share capital cancellation and fresh equity infusion under the resolution plan creates uncertainty for existing shareholders as their shares stand extinguished without any payment.