Outcome of the Board Meeting held on 12th November, 2025
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Awaiting price reaction for this filing.
The Board of International Data Management Limited approved its unaudited financial results for the quarter and half year ended 30 September 2025 on 12 November 2025. The company reported zero revenue from operations and zero other income for both Q2 FY26 and H1 FY26, with only routine expenses of Rs. 0.53 lakh in Q2 and Rs. 5.58 lakh in H1, leading to a net loss of Rs. 0.53 lakh for the quarter and Rs. 5.58 lakh for the half year (EPS of Rs. -0.02 and Rs. -0.25 respectively). The balance sheet shows severely stressed finances: total equity is negative at Rs. -429.31 lakh (accumulated losses of Rs. 649.31 lakh against share capital of Rs. 220 lakh), while borrowings stand at Rs. 436.55 lakh against total assets of just Rs. 8.32 lakh. Operating cash flow was negative at Rs. -8.87 lakh for H1 FY26, and the company survived only by raising Rs. 9 lakh in fresh borrowings. The limited review report by V Nagarajan & Co. is clean (unmodified), with no qualifications, emphasis of matter, or audit changes.
This filing paints a picture of severe financial distress — the company has no operating revenue, deeply negative equity, and is entirely dependent on debt to cover basic expenses, raising serious going-concern concerns. For shareholders, this signals extremely weak fundamentals with little near-term visibility on a turnaround, making the stock a high-risk holding.