Announced Fri, 7 Nov · 19:38 IST

Unaudited Financial Results for the quarter and half year ended on September 30, 2025

Going ConcernPat NegativeNegative Operating CashflowResults View source PDF

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AI summary

Automobile Products of India Ltd reported unaudited results for Q2 FY26 and H1 FY26, with revenue from operations flat at Rs 4.25 lakhs for the quarter and Rs 8.50 lakhs for the half year (unchanged year-on-year). Total income, supported mainly by other income of Rs 35.18 lakhs in H1, stood at Rs 43.68 lakhs. The company posted a net loss of Rs 47.61 lakhs for Q2 and Rs 91.88 lakhs for H1 FY26, widening from Rs 82.09 lakhs loss in H1 FY25. EPS was Rs (1.91) for the half year. The company has a completely eroded net worth of negative Rs 1,483.19 lakhs, and Note 3 confirms the holding company will provide financial support to keep it a going concern. BSE also levied Rs 10.74 lakhs in charges for non-compliance with minimum public shareholding norms.

Likely market impact

Despite an unmodified auditor opinion, the company continues to post widening losses on essentially zero core operating revenue, with finance costs of Rs 85.23 lakhs in H1 far exceeding its top line. The going-concern support from the holding company is critical, but negative operating cash flow of Rs 88.73 lakhs and continued losses signal persistent financial weakness for shareholders.