FY26 results - revenue drops to zero, net loss narrows to Rs 39.76 lakh

Revenue DeclinePat NegativeAuditor Mid Year ChangeNegative Operating CashflowExceptional ItemResults View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-5.4% vs market

Refineries & Marketing peers, median of 12sector+0.2%-5.0% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 5.0 pts less than its Refineries & Marketing 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

Board approved FY26 audited results on 17 July 2026 with unmodified auditor opinion. Revenue from operations fell to zero from Rs 20.13 crore in FY25. Net loss narrowed to Rs 39.76 lakh from Rs 4.25 crore. Operating cash outflow widened to Rs 1.87 crore from Rs 35 lakh. Mr. Himesh Solanki appointed as Company Secretary. Statutory auditor changed from Arpan and Associates to Motilal and Associates.

Likely market impact

Revenue collapse to zero is a major red flag. Persisting losses and rising cash burn may weigh on the stock despite the narrower net loss.