Consideration and approval of Audited financial results for the Quarter and year ended 31st March 2026
Awaiting price reaction for this filing.
Universal Office Automation Limited reported zero revenue from operations for both Q4 and full year FY2026. The company posted a net loss of Rs. 1.16 lakhs for the year, significantly narrower than the Rs. 8.58 lakhs loss in the previous year. Other income of Rs. 11.06 lakhs (mainly interest income of Rs. 8.55 lakhs from deposits) covered minimal operating expenses of Rs. 11.59 lakhs. Total equity stands at Rs. 178.84 lakhs with paid-up capital of Rs. 1,465.27 lakhs, meaning net worth remains fully eroded. Cash and equivalents stand at Rs. 133.97 lakhs with current liabilities of only Rs. 2.30 lakhs. Statutory auditors V. Nagarajan & Co. issued an unmodified opinion.
The company has no operating revenue and relies entirely on interest income from investments to cover costs. Net worth is deeply negative at negative Rs. 1,286.42 lakhs in reserves. The auditors flag a material going concern uncertainty, though management claims promoter financial support exists. The stock (BSE: 523519) remains a high-risk speculative holding with no business operations generating income.