BSEKesar Enterprises Ltd-$· Agricultural Food & other ProductsHighNeutral
Announced Tue, 25 Nov, 2025 · 16:35 IST

The Board of Directors of the Company at their meeting held on 25.11.2025 have approved and taken on record the Unaudited Financial Results for the quarter ended on 30.09.2025.

Going ConcernEmphasis Of MatterRevenue DeclinePat NegativeNegative Operating CashflowDebt Equity ThresholdResults View source PDFExplain 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
+8.7%Reaction day
₹7.90
prior close
₹8.50
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+7.4% vs market
Sugar peers, median of 27sector+1.1%+7.7% vs sector

On the reaction day the stock moved 7.4 pts more than Nifty Microcap 250 and 7.7 pts more than its Sugar 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
5m
-5.2
10m
-5.2
15m
-2.0
30m
-2.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+8.7+1.3+7.4+1.1+7.7
Next day
+19.4+0.9+18.5+1.0+18.3
2d
+14.7+0.8+13.9+0.7+14.0
3d
+7.5+0.6+6.9-0.1+7.6
4d
+2.4-0.0+2.4-0.7+3.1
5d
+4.9-0.5+5.4-1.3+6.3
1w
-3.8-2.1-1.7-2.4-1.4
15d
-13.4-3.5-9.9-2.6-10.8
1m
-17.7-2.3-15.5-3.1-14.7
2m
-39.5-10.4-29.1-10.2-29.3
3m
-41.0-6.1-34.9-10.7-30.3
UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

Kesar Enterprises reported weak Q2 FY26 results with revenue from operations falling sharply to Rs 1,365.78 lakhs from Rs 3,751.71 lakhs in the same quarter last year — a drop of roughly 64%. For the half-year (H1 FY26), revenue declined to Rs 3,387.21 lakhs versus Rs 10,700.50 lakhs in H1 FY25. The company continued to post losses, with a net loss of Rs 1,946.83 lakhs for the quarter and Rs 3,484.59 lakhs for the half-year, though the loss is slightly narrower than the year-ago period. Management attributes the poor performance to high sugarcane prices and unviable sugar realisations. The company's net worth has been completely eroded, and the statutory auditor (Chandabhoy & Jassoobhoy) has drawn specific attention to this as an emphasis-of-matter, noting that results have been prepared on a going-concern basis relying on expected government policy support and monetisation of non-operating assets.

Likely market impact

Shareholders should note that the company is loss-making with fully eroded net worth, making this a high-risk stock. Revenue collapse and continued losses suggest no near-term recovery is visible; any improvement depends on government policy action and asset sales. The stock price is likely to remain under pressure until the company demonstrates a turnaround in sugar realisations.