Pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Appliances Limited reported a net loss of Rs. 10.56 lakhs for standalone and Rs. 11.21 lakhs for consolidated operations in FY2026, compared to profits of Rs. 15.2 lakhs and Rs. 14.66 lakhs respectively in the previous year - a significant deterioration in profitability. The Board declared no dividend for FY2026. The auditors from A D V & Associates issued an unmodified (clean) opinion on both standalone and consolidated results. The company has very high leverage with borrowings of Rs. 3,600 lakhs against equity of just Rs. 1,457 lakhs. Operating cash flows were negative at Rs. 63.40 lakhs (standalone) and Rs. 62.66 lakhs (consolidated), indicating cash burn. The Board also recommended appointment of Ms. Julie Mehul Shah as a regular director and reappointment of Mr. Kalpesh Rameshchandra Shah. AGM scheduled for 25 June 2026.
The company swung from profit to loss with negative operating cash flows and extremely high debt-to-equity ratio, which raises concerns about financial health and sustainability. Shareholders should scrutinize the detailed financials to understand the cause of the losses and the path to profitability.