Financial results are hereby submitted
Awaiting price reaction for this filing.
Hindustan Fluorocarbons (HFL) reported zero revenue from operations for Q2 FY26, with total income of just Rs. 28.22 lakh coming entirely from other income (likely interest on fixed deposits). The company slipped into a small loss of Rs. 3.00 lakh in Q2 FY26 versus a profit of Rs. 29.66 lakh in the same quarter last year. Half-yearly profit fell sharply to Rs. 24.93 lakh from Rs. 55.71 lakh a year ago, a drop of over 55%, and EPS halved to Rs. 0.13. The company's factory was shut down by a government order in January 2020, plant and machinery were sold in 2023, and proceeds are parked in SBI fixed deposits, effectively making this a non-operating shell. HFL is currently going through a delisting process and also received a Rs. 4.55 lakh fine from BSE for prior non-compliance, for which a waiver has been requested.
Shareholders should note that the company has deeply negative net worth of around Rs. 82 crore, is not generating any operating revenue, and is in the process of being delisted — making this a high-risk, essentially non-operating stock. The clean (unmodified) audit opinion offers some comfort on accounting, but the underlying business situation remains weak.