BSEBacil Pharma LtdHighNeutral
Announced Thu, 13 Nov · 19:40 IST

Un Audited Financial Result for 30th September, 2025

Emphasis Of MatterRelated Party TransactionsNegative Operating CashflowRevenue DeclineAdverse OpinionContingent Liabilities IncreasedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bacil Pharma's Q2 FY26 results show the company had zero revenue from operations, with total revenue of just ₹5.49 lakhs (entirely from 'other income'), down sharply from ₹100.25 lakhs in Q1 FY26. Profit after tax collapsed to ₹1.38 lakhs versus ₹66.87 lakhs in the previous quarter. The statutory auditor flagged multiple serious concerns in an Emphasis of Matter, including: inability to verify the end-use of funds raised through preferential allotment, inability to confirm related party transactions, non-compliance with GST and TDS filing/deposit requirements, and reliance solely on management representations for investments and deposits. The auditor also invoked a 'Basis for Disclaimer of Opinion,' stating they could not obtain sufficient evidence. Operating cash flow turned sharply negative at ₹(142.62) lakhs versus ₹40.08 lakhs last year, and the cash balance fell from ₹285.73 lakhs to ₹159.38 lakhs.

Likely market impact

This is a deeply concerning filing — the company has no operating business revenue, the auditor has flagged significant compliance, documentation, and disclosure failures, and cash is being burned at a worrying rate. Shareholders should treat this as a high-risk situation warranting close scrutiny of management's use of funds and the company's ability to continue as a going concern.