Financial Results for the Quarter and Year ended 31/03/2026.
Awaiting price reaction for this filing.
MSR India Ltd reported a net loss of Rs. 43.50 lakhs for FY 2026, compared to a loss of Rs. 33.29 lakhs in FY 2025, indicating worsening financial performance. The company stated it has 'no operating segments' and appears to have ceased operations, with no revenue from operations recorded. The balance sheet shows severe capital erosion with negative equity of Rs. 1,092.71 lakhs (vs Rs. 1,049.21 lakhs previously) and accumulated losses of Rs. 4,236.71 lakhs. Total assets stand at just Rs. 34.34 lakhs against borrowings of Rs. 773.25 lakhs. The company declared an unmodified audit opinion and appointed new internal auditors for FY 2026-27.
The company is in severe financial distress with negative net worth and increasing losses. Shareholders face extreme risk as the company appears to have ceased operations. The stock is likely a penny stock with negligible or no business activity.