BM HELD ON 13.11.2025 INTER-ALIA APPROVED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED ON 30.9.2025
Awaiting price reaction for this filing.
Andhra Pradesh Tanneries Ltd's board approved unaudited results for the quarter and half year ended September 30, 2025. The company's plant remains non-operational and revenue from operations was nil, with only Rs 4.52 lac of other income reported in H1 FY26 versus Rs 1.00 lac in the same period last year. The company posted a net loss of Rs 4.29 lac for H1 FY26, an improvement from Rs 12.16 lac loss in H1 FY25, but losses before tax continue. Reserves are deeply negative at Rs (1,509.96) lac against a paid-up capital of Rs 220.84 lac, meaning shareholder equity is fully eroded. Total assets stand at just Rs 26.58 lac while total borrowings (current and non-current) are around Rs 1,296.58 lac, and the company continues to burn cash in operations (Rs 12.14 lac used in H1 FY26).
This is a distressed micro-cap where the core business is shut, equity is wiped out, and the company depends entirely on borrowings against negligible assets. For shareholders, the stock carries serious going-concern risk with no visible catalyst for revival, and it remains a high-risk, speculative holding.