Financial Results for the quarter and year ended March 2026
Awaiting price reaction for this filing.
Hemadri Cements Limited reported a net loss of Rs 508.42 lakh for FY 2026, significantly improved from a net loss of Rs 2,705.90 lakh in FY 2025. Total income was Rs 896.46 lakh (including other income of Rs 828.97 lakh). The company is under voluntary liquidation (w.e.f. 14 July 2025) and its shares were suspended from BSE trading from 24 November 2025. The Liquidator conducted an e-auction on 23 January 2026 and realized Rs 4,277.00 lakh from sale of land, factory, plant and machinery. A revaluation reserve of Rs 4,710.77 lakh was created. The financial statements have been prepared on a liquidation basis rather than going concern basis. The auditor issued an unmodified opinion with an Emphasis of Matter paragraph highlighting the liquidation basis of accounting.
This is a liquidation scenario — the company has ceased normal operations and is distributing proceeds to creditors and shareholders. The stock is suspended and shareholders are in a winding-down process rather than a growth story. The improved loss position reflects asset sale proceeds and revaluation gains.