Results for 31-03-2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Muller & Phipps India Ltd reported FY2025-26 standalone revenue of Rs. 563.16 lakhs, down from Rs. 591.60 lakhs in the previous year (4.8% decline). The company narrowed its net loss significantly to Rs. 3.13 lakhs compared to a loss of Rs. 74.83 lakhs in FY2024-25. EBITDA turned marginally positive at Rs. 4.65 lakhs from negative Rs. 73.12 lakhs. However, the company continues to face serious financial stress with accumulated losses of Rs. 495.10 lakhs and a negative net worth of Rs. 206.41 lakhs as of March 31, 2026. The auditor issued an unmodified opinion but explicitly flagged going concern issues due to these accumulated losses and negative net worth. Whole Time Director Mr. PV Mohan resigned effective May 31, 2026, after completing two terms.
Despite narrowing losses, the company's negative net worth and accumulated losses raise serious doubts about its ability to continue as a going concern. Shareholders face significant risk as liabilities exceed assets by over Rs. 200 lakhs, and the revenue decline adds to operational concerns.