BSERatnakar Securities LtdHighNeutral
Announced Thu, 15 May · 17:23 IST

Integrated Filing (Financial) Audited Financial Results for quarter and year ended on 31.03.2025.

Emphasis Of MatterGoing ConcernPat NegativeNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mangalya Soft-Tech Limited reported zero revenue from operations and nil total income for FY25, with only Rs. 5.15 lakhs in other expenses driving a net loss of Rs. 5.15 lakhs, an improvement from a Rs. 10.64 lakh loss in FY24. The company's equity is deeply negative at Rs. (52.01) lakhs, with accumulated losses of Rs. 104.01 lakhs wiping out its Rs. 52 lakh share capital. Operating cash flow remained negative at Rs. (4.67) lakhs. The auditor (Maheshwari & Goyal) issued an unmodified opinion but included an Emphasis of Matter paragraph noting the company is under Corporate Insolvency Resolution Process (CIRP), with Ratnakar Securities selected as the resolution applicant and NCLT-approved plan under implementation. Trading in the stock remains suspended on BSE, with relisting efforts underway.

Likely market impact

The company is effectively a non-operating entity under insolvency resolution with no revenue, negative net worth, and ongoing cash burn — meaning little fundamental value for shareholders until the resolution plan is fully implemented and trading resumes. Shareholders face continued uncertainty around relisting and revival prospects.