JBFINDNSEJBF Industries Limited· Textiles - SyntheticHighNeutral
Announced Fri, 30 Jan, 2026 · 14:49 IST
JBF Industries Q3 FY26 results - auditor flags going concern doubts
Going ConcernQualified OpinionEmphasis Of MatterPat NegativeExceptional ItemContingent Liabilities IncreasedResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
The company is under CIRP since Jan 2024. For Q3 FY26, it reported a net loss of Rs 160 lakhs. The auditor issued a qualified review, citing Rs 2,47,379 lakhs in borrowings with no interest provision (potential liability of Rs 1,89,676 lakhs). The auditor flagged that the company ceases to continue as a going concern. Manufacturing has stopped, assets were taken under SARFAESI, and there is no CEO, CFO, or Company Secretary.
Likely market impact
Highly risky stock. CIRP ongoing, going concern in doubt, over Rs 1,800 crore in unprovided interest. Shareholders face likely wipeout.