Reults- Financials for Q.E.30/09/2025
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Awaiting price reaction for this filing.
Deccan Polypacks has resubmitted its Q2 FY26 financials to BSE in the revised format after the original filing on 12 November 2025 was rejected for being in the old format. The company reported zero revenue from operations across all periods, with results shown under 'Discontinued Operations' — confirming the business has effectively wound down operations. The company posted a loss of Rs. 31.59 lakhs for H1 FY26, against a profit of Rs. 1.45 lakhs in H1 FY25 and Rs. 90.52 lakhs for the full FY25. The balance sheet shows a dramatic deterioration, with total equity turning deeply negative at Rs. (1,359.99) lakhs, driven by a reclassification of borrowings (previously treated as loans in the nature of equity) into unsecured long-term borrowings, which jumped from Rs. 8 lakhs to Rs. 1,363.87 lakhs.
This is a deeply negative filing for shareholders — the company has no operating revenue, is reporting cumulative losses, and now carries negative net worth, signalling serious going-concern risk. The stock is likely to face pressure, and the reclassification of earlier quasi-equity into formal debt is a significant event that materially worsens the company's financial position on paper.