Considered and approved Standalone audited Financial statement along with audit report for the quarter ended and Financial Year ended on 31st March 2026, together with Cash flow statement ....
Awaiting price reaction for this filing.
Rushabh Precision Bearings reported zero revenue from operations for FY 2025-26, with a net loss of Rs 22.64 Lakhs compared to Rs 30.03 Lakhs loss in the previous year. The company posted negative EPS of Rs -0.33 per share. The balance sheet shows negative Other Equity of Rs -1,038.35 Lakhs against equity share capital of Rs 900 Lakhs. The auditor issued an unmodified opinion but included an Emphasis of Matter on revaluation of leasehold land and factory building creating a revaluation surplus of Rs 642.92 Lakhs (net Rs 481.10 Lakhs after tax). Operating cash flow remained negative at Rs -25.90 Lakhs, financed by fresh borrowings of Rs 26.41 Lakhs.
The company continues to burn cash with zero revenue and negative equity, raising serious going concern issues. Shareholders face potential value erosion as the company relies on debt to sustain operations.