Revised financial results with signed limited review report is submitted.
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Awaiting price reaction for this filing.
HOCL submitted a revised version of its Q3 FY26 results after receiving the signed limited review report from auditors Balan & Co. (the earlier filing was made without UDIN as the portal was unavailable). Standalone revenue from operations fell to Rs. 12,626.75 lakhs in Q3 FY26 from Rs. 16,516.14 lakhs in Q3 FY25, a decline of about 23.5%. The company reported a standalone net loss of Rs. 387.01 lakhs for the quarter, narrower than the Rs. 1,813.71 lakhs loss a year ago. For the nine months ended December 2025, standalone net loss stood at Rs. 7,876.69 lakhs. The auditor issued an unmodified (unqualified) opinion but included emphasis-of-matter paragraphs covering going concern assumptions, the subsidiary Hindustan Fluorocarbons Ltd no longer being a going concern, and non-compliance with SEBI rules on the number of independent directors.
For shareholders, the results are mixed: operating losses continue and quarterly revenue has dropped sharply, but the year-on-year loss has narrowed and the government waiver of the Rs. 43,586.46 lakh GOI loan and Rs. 27,000 lakh preference shares (recognised in FY25) continues to support the balance sheet. The going-concern flags on both the holding company and its subsidiary, plus the independent-director compliance issue, remain points to watch for the stock.