Financial Results for quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Paos Industries Ltd swung to a loss of Rs 18.76 lakhs in Q2 FY26 (quarter ended 30 September 2025), reversing a profit of Rs 156.68 lakhs in the same quarter last year, with EPS at Rs -0.31 versus Rs 2.57 YoY. Revenue from operations grew modestly by about 9.5% YoY to Rs 2,232.62 lakhs (vs Rs 2,039.28 lakhs in Q2 FY25), while total expenses rose to Rs 2,291.38 lakhs, driven by higher raw material and employee costs that squeezed margins. For H1 FY26, the company reported a marginal profit of Rs 28.22 lakhs on revenue of Rs 4,493.98 lakhs, sharply lower than Rs 144.68 lakhs PAT in H1 FY25. The balance sheet remains stressed with negative net worth of Rs -1,557.79 lakhs and total borrowings of Rs 5,201.73 lakhs against total assets of Rs 4,491.68 lakhs. On a positive note, operating cash flow improved to Rs 877.82 lakhs in H1 FY26 versus a negative Rs 3,006.87 lakhs in FY25, and the statutory auditor issued a clean (unqualified) limited review report.
Negative for shareholders — the company slipped back into quarterly losses, profitability deteriorated sharply, and a deeply negative net worth combined with high borrowings raises solvency and going-concern concerns. The modest revenue growth and improved operating cash flow provide some cushion, but the stock is likely to remain under pressure until margins recover and the balance sheet is strengthened.