BSENagarjuna Fertilizers and Chemicals LtdHighNeutral
Announced Tue, 30 Jun · 19:21 IST

NFCL FY26 results: not a going concern, standalone loss of Rs 15.51 cr

Going ConcernEmphasis Of MatterRevenue DeclinePat NegativeRelated Party TransactionsContingent Liabilities IncreasedResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Board approved audited FY26 results. Company declared not a going concern since June 2024 with no revenue from operations. Standalone loss of Rs 15.51 cr versus Rs 2,434.76 cr profit in FY25 (included one-time asset sale gains). Other equity deeply negative at Rs (1,001.61) cr. Current liabilities exceed current assets by Rs 876.21 cr. Contingent disputed liabilities of about Rs 1,278 cr. Related party NACL claims Rs 836.67 cr royalty. Auditor gave unmodified opinion with emphasis of matter on going concern.

Likely market impact

Company is not a going concern with deeply negative equity and large disputed liabilities. Shareholders face significant uncertainty on recovery.