Flexituff Ventures International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
FLEXITUFF · price
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Flexituff Ventures International Limited has reported a massive net loss of Rs. 13,487.87 lakhs for FY2026 ended March 31, 2026, compared to a profit of Rs. 23,564.66 lakhs in FY2025. Revenue from operations collapsed to Rs. 1,680.06 lakhs from Rs. 28,857.17 lakhs in FY2025, representing a severe revenue decline. The company has suffered complete erosion of net worth with negative equity of Rs. 10,682.58 lakhs on standalone basis. Current liabilities exceed current assets by Rs. 32,233.86 lakhs. The auditors (Mahesh C. Solanki & Co.) have issued an Adverse Opinion on both standalone and consolidated results, questioning the going concern assumption. The company faces operational deadlock, defaults on borrowings with Rs. 25,971.26 lakhs in dues, SARFAESI notices from banks, labor strikes at its Kashipur plant, and non-compliance with statutory obligations. Deferred tax assets of Rs. 5,288.24 lakhs were reversed during the year.
This is an extremely distressed company with serious going concern doubts. Shareholders face potential total loss of investment as the company has negative net worth, is defaulting on borrowings, and auditors have questioned its ability to continue as a going concern. The stock carries extreme risk and investors should exercise caution.