Burnpur Cement Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Burnpur Cement Limited has reported zero operational revenue for FY 2025-26 as the company discontinued all operations in November 2023 after its assets at Patratu were sold to Ultratech Cement via an auction process under SARFAESI Act. The company incurred a net loss of Rs 7,921.62 lakhs for FY 2026 (vs loss of Rs 4,245.70 lakhs in FY 2025), with Q4 loss at Rs 2,074.12 lakhs. The balance sheet shows negative equity of Rs 57,362.46 lakhs, indicating the company is technically insolvent. Borrowings stand at Rs 56,257.45 lakhs, which increased by 16% primarily due to cumulative interest charges. The Board also approved redesignation of Mr. Pawan Pareek as Whole-time Director & CFO and reappointed KRGB & Associates LLP as internal auditors for FY 2026-27.
This is a highly distressed filing. The company has no operational business, negative equity, massive losses, and the management itself has stated it cannot meet obligations over the next 12 months. Shareholders face extreme risk as the stock may become a shell or be delisted.