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BSELippi Systems Ltd-$· Industrial ManufacturingHighNeutral
Announced Fri, 14 Nov, 2025 · 17:39 IST

In continuation of our letter dated 7th November 2025 and pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 as amended from time ....

Net loss reportedRevenue declinedNegative operating cash flowResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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₹25.50
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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+4.3% vs market
Industrial Products peers, median of 116sector-0.1%+5.0% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 5.0 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Lippi Systems Limited reported its Q2 FY26 (ended September 30, 2025) and H1 FY26 results on November 14, 2025. The company posted a net loss of ₹45.84 lakh for the quarter, wider than the ₹25.41 lakh loss in Q2 FY25. H1 FY26 net loss stood at ₹67.92 lakh versus ₹42.84 lakh in the same period last year. Total income for the quarter was ₹11.31 lakh (down from ₹12.36 lakh a year ago), and there is zero revenue from the core manufacturing segment (Copper Engraving Cylinders), with only wind power generation and other income contributing. The auditor M/s Ashok Dhariwal & Co. issued an unmodified limited review opinion. Short-term borrowings surged sharply from ₹2.94 lakh to ₹214.27 lakh.

Likely market impact

Negative for shareholders - losses are widening, core manufacturing operations appear to have ceased, and operating cash flow has turned sharply negative. However, the auditor's clean opinion and continued windmill income provide some cushion. Investors should monitor the company's ability to restart manufacturing and manage its rising short-term debt.