BSEFutura Polyesters LtdHighNeutral
Announced Tue, 8 Sept, 2026 · 14:29 IST
Futura Polyesters files delayed Q2 FY21 results with qualified opinion
Going ConcernQualified OpinionRevenue DeclinePat NegativeDebt Equity ThresholdResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Futura Polyesters filed Q2 and H1 FY21 results years late amid staff shortages. Shares under trading suspension. Auditor issued qualified conclusion flagging going concern doubts and non-recognition of finance costs on NPA borrowings. Net worth fully eroded (negative Rs 396.97 cr). Polyester ops discontinued in Dec 2012. H1 FY21 loss Rs 22.09 lakhs. Sold 3.77 acres land for Rs 1,239.99 lakhs and paid Rs 243.45 cr OTS in June 2025.
Likely market impact
Highly negative. Going concern doubt, negative net worth, qualified audit opinion, and trading suspension signal severe financial distress.