The Board has approved the Unaudited Financial results for the quarter ended on 31st December 2025 in the meeting hekd on 6th February 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Miven Machine Tools reported unaudited Q3 FY26 results showing virtually no revenue from operations, with total income of just Rs 3.67 lakhs versus Rs 8.79 lakhs in the year-ago quarter — a steep decline. The company posted a net loss of Rs 15.34 lakhs for the quarter, bringing the 9-month FY26 loss to Rs 43.78 lakhs, with EPS of negative Rs 0.51 for the quarter. The balance sheet shows total assets of only Rs 20.74 lakhs against total outside liabilities of Rs 619.29 lakhs, fully eroding the net worth (negative other equity of Rs 898.90 lakhs), and the company holds no plant, property or equipment and no inventory. The auditor issued a qualified conclusion because the company did not provide for Rs 2.81 lakhs of interest on an inter-corporate loan from related party Miven Mayfran Conveyors, and flagged a material uncertainty on the company's ability to continue as a going concern, despite management citing new promoter support.
This is a financially distressed micro-cap with a negative net worth, no meaningful operations, and a qualified audit opinion carrying a going-concern warning — a high-risk situation for existing shareholders with no near-term recovery visible. The stock is likely to remain weak and illiquid until promoter-backed restructuring or fresh capital infusion materialises.