ENCLOSED HERWITH INTEGRATED FINANCILAS FOR YEAR ENDED 31/03/2025
Awaiting price reaction for this filing.
Deccan Bearings Limited reported zero revenue from operations for FY25, with only Rs 4.01 lakh coming from other income, down from Rs 4.57 lakh in FY24. Total expenses of Rs 19.98 lakh led to a net loss of Rs 16.36 lakh, marginally better than the Rs 17.69 lakh loss in FY24. The company has no fixed assets, no inventories, no outstanding debt, and shareholders' equity has shrunk to just Rs 7.32 lakh against a paid-up capital of Rs 218.33 lakh, with negative other equity of Rs 211 lakh. Cash and bank balance at year-end is a meagre Rs 0.73 lakh, and operating cash flow remained negative at Rs (20.06) lakh. The statutory auditor (PAMS & Associates) issued an unmodified (clean) opinion on the financial statements.
The company appears effectively non-operational with persistent losses, negligible equity cushion, and a near-empty cash balance, raising serious going-concern doubts despite the clean audit report. Small shareholders should view this as a high-risk, thinly-traded stock where revival prospects remain unclear.