UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31.12.2025

Going-concern doubtQualified audit opinionRevenue declinedResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹17.20

prior close

₹17.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.6% vs market

Passenger Cars & Utility Vehicles peers, median of 6sector-1.4%+0.3% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.3 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.2

15m

-0.2

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-0.5-0.6-1.4+0.3

Next day

-1.9-2.0+0.1-2.2+0.3

-4.4-2.7-1.7-2.1-2.3

-1.3-1.7+0.4-0.9-0.4

-3.0-1.4-1.6-1.0-2.0

-3.0-2.8-0.1-3.3+0.4

-3.8-2.8-0.9-1.5-2.3

15d

-12.9-8.4-4.5-9.0-3.9

-14.3-9.1-5.2-15.0+0.7

-5.8-4.0-1.7-12.0+6.2

+6.7+2.6+4.1-13.7+20.5

UpDownMarket · Nifty Microcap 250Sector · Passenger Cars & Utility Vehicles peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hindustan Motors reported essentially zero revenue from operations for Q3 FY26 (₹Nil) and the first nine months of FY26, with total income of ₹116 lakhs in Q3 and ₹722 lakhs for 9M FY26, sharply down from ₹2,332 lakhs in 9M FY25. Net profit after tax was ₹7 lakhs in Q3 (₹4 lakhs in Q2) and ₹421 lakhs for 9M FY26, supported mainly by ₹361.73 lakhs of old municipal tax liabilities written back. The company has had no manufacturing operations since the Uttarpara plant suspension in May 2014, and the West Bengal government has already taken possession of 395 acres of that land after the Supreme Court dismissed the company's appeal in July 2025. The statutory auditor (KAMG & Associates) has issued a Qualified Conclusion, flagging material uncertainty about the company's ability to continue as a going concern.

Likely market impact

Despite a positive PAT, the company has no operating business, lost a major land asset through a court order, and the auditor has flagged a going concern uncertainty, making this a high-risk situation for shareholders with limited clarity on future revenue or business revival.