BSEBelding India LtdHighNeutral
Announced Thu, 12 Feb · 23:01 IST

Unaudited Standalone and Consolidated Financial Results are attached.

Revenue DeclinePat NegativeResults RestatedExceptional ItemResults 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

Synthiko Foils Limited reported zero standalone revenue from operations in Q3 FY26 (vs ₹499.41 lakhs in Q3 FY25) after transferring its foil manufacturing business undertaking. The company posted a standalone loss of ₹45.09 lakhs for the quarter compared to a profit of ₹3.07 lakhs a year ago. On a 9-month standalone basis, revenue fell sharply to ₹519.42 lakhs from ₹1,685.48 lakhs, but PAT surged to ₹186.76 lakhs (from ₹36.96 lakhs) boosted by a ₹299.58 lakhs exceptional item. On a consolidated basis, Q3 showed a loss of ₹121.78 lakhs (impacted by depreciation and finance costs from new subsidiaries) while 9M consolidated PAT rose to ₹110.08 lakhs. The company acquired DC&T Global Private Limited (100%) via a share swap and BESS Limited (99%), issuing 1.36 crore new shares worth ₹1,046.73 crore. EPS has been restated retrospectively due to a share consolidation from ₹5 to ₹10 face value. Auditor Mehra Goel & Co issued unqualified review reports on both standalone and consolidated results.

Likely market impact

Zero Q3 revenue highlights the completion of the foil business transfer, so future earnings will depend entirely on the newly acquired DC&T Global and BESS subsidiaries. Shareholders face significant equity dilution from the preferential share issuance and should track consolidated performance closely, as the headline PAT boost came from a one-time exceptional gain rather than core operations.