Considered and approved Standalone Unaudited Financial statement along with audit report for the quarter ended on 30th September 2025, with Limited review report pursuant to Regulation ....
Awaiting price reaction for this filing.
The board approved Rushabh Precision Bearings' standalone unaudited results for the quarter and half year ended 30 September 2025. The company reported zero revenue from operations across all periods shown, with no income at all. Total expenses for Q2 FY26 stood at ₹3.08 lakhs, leading to a net loss of ₹3.08 lakhs (Q2) and ₹12.36 lakhs for H1 FY26, compared to a loss of ₹9.78 lakhs in H1 FY25. The balance sheet shows total assets of ₹852.94 lakhs but total equity is deeply negative at ₹(150.71) lakhs, since accumulated losses of ₹1,050.71 lakhs have wiped out the ₹900 lakh share capital. Non-current borrowings stand at ₹1,002.02 lakhs and cash is nearly zero at just ₹0.04 lakhs. The statutory auditor (Rajesh Laxmi & Associates) issued an unmodified limited review report with no qualifications.
This is a deeply distressed micro-cap: zero operating revenue, persistent losses, negative net worth, and minimal cash mean the company's survival depends on continued borrowings or external support — a serious red flag for shareholders. The stock carries significant going-concern risk and is effectively a non-operating shell with ongoing losses funded by debt.