BSEUniworth International LtdHighNeutral
Announced Fri, 14 Nov · 14:46 IST

Enclosed Please find herewith Unaudited Finacilal Results (Consolidated & standalone) and Limited Review Report for the Quarter ended 30.09.2025

Going ConcernRevenue DeclinePat NegativeResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Uniworth International reported essentially zero revenue from operations for Q2 FY26 and the half year, continuing a pattern of no business activity. The company posted a standalone loss after tax of Rs 39.46 lakhs for the quarter and Rs 78.26 lakhs for the half year, driven almost entirely by finance costs of Rs 38.24 lakhs per quarter (Rs 76.49 lakhs for H1). Other Equity is deeply negative at Rs (13,358.12) lakhs standalone and Rs (13,436.38) lakhs consolidated, indicating accumulated losses have wiped out shareholder funds. Cash balance is a mere Rs 9.60 lakhs. The auditor flagged that no provisions have been made for trade receivables of Rs 3,010.57 lakhs that are long outstanding, and that interest has not been provisioned on borrowings from PNB, IndusInd Bank, and HSBC Bank. The company has applied to RBI for extensions on overdue bills.

Likely market impact

This is a deeply distressed company with negative net worth, no operating revenue, and unresolved bank borrowings. Shareholders face significant going-concern risk and dilution risk if any restructuring occurs. The stock is highly speculative with little fundamental support.