Submission of un-audited financial results for the quarter ended 30th June, 2025
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CDG Petchem Limited reported a weak Q1 FY26 with revenue from operations collapsing to Rs 25.76 lakhs from Rs 264.03 lakhs in the same quarter last year, a drop of about 90%. The company continued to post a loss, with net loss after tax of Rs 52.18 lakhs (vs Rs 48.39 lakhs loss in Q1 FY25). Total expenses at Rs 77.40 lakhs were nearly 3x the revenue, with other expenses of Rs 50.80 lakhs being the main cost. On the balance sheet, the company raised fresh capital during the quarter — paid-up equity jumped to Rs 923.55 lakhs (from Rs 307.75 lakhs) via issuance of about 61.58 lakh new shares along with share warrants, and other equity turned positive at Rs 1,528.42 lakhs after a security premium of Rs 1,908.98 lakhs. Cash and bank balances surged to Rs 2,626.09 lakhs (from Rs 28.39 lakhs), all borrowings were repaid (down from Rs 24.26 lakhs), and an advance of Rs 619 lakhs for sale of land sits in non-current liabilities. The statutory auditor issued a clean limited review report with no qualifications.
For shareholders: the steep revenue fall and continued losses remain a serious concern, but the recent equity infusion and large cash balance give the company runway to fund operations or new activities. The land sale advance suggests a possible asset divestment that could further strengthen liquidity. Short-term sentiment is likely weak given the operating performance, though the capital raise dilutes existing shareholders and may be a setup for a new business direction.