Financial result as on 30th September 2025
Awaiting price reaction for this filing.
Mega Fin (India) Ltd, an NBFC, reported zero total income for Q2 FY26 and H1 FY26, as the company's business activity remains completely halted. The company incurred a net loss of Rs 0.42 lakh in Q2 FY26 and Rs 0.81 lakh in H1 FY26, compared to a Rs 1.25 lakh loss in H1 FY25, driven by minimal other expenses. Other equity remains deeply negative at Rs (669.92) lakhs against equity share capital of Rs 917.79 lakhs. The auditor issued an Emphasis of Matter noting that the financials are prepared on a going concern basis despite substantial accumulated losses, standstill activity, and the company having eroded its minimum net worth required to continue as an NBFC. Cash position is critically low at just Rs 0.51 lakh, and operating cash flow was negative Rs 0.18 lakh for the half year.
This is a deeply negative filing for shareholders. The company is essentially non-operational with zero revenue, eroded net worth, and a formal auditor warning about its ability to continue as a going concern and maintain its NBFC status. The stock carries significant risk of regulatory action or delisting given the NBFC net worth erosion issue.