Outcome of Boardmeeting for Unaudited Financial results for Quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Pact Industries Ltd (BSE: 538963), a small Ludhiana-based steel and iron trading company, reported a marginal Q2 FY26 profit of Rs 8.75 lakhs versus a Rs 6.16 lakh loss in the year-ago quarter, but the half-year picture remains deeply negative with a loss of Rs 108.69 lakhs on revenue of just Rs 9.37 lakhs versus Rs 166.84 lakhs for the entire preceding fiscal year. The company's net worth is eroded at Rs -382.21 lakhs (negative) with total borrowings of Rs 1,082 lakhs against cash of only Rs 12.78 lakhs, and critically, its bank credit facility has been classified as a Non-Performing Asset (NPA) per a note in the results. Trade receivables of Rs 460 lakhs against negligible revenue further highlight collection and business contraction concerns, while auditor Sanjeev Raj & Associates issued an unqualified limited review report.
Severely stressed small-cap with negative book value, NPA-tagged bank facility, near-zero revenue, and persistent losses signals serious going-concern risk; this is a high-risk, thinly-traded stock and existing shareholders face material dilution or restructuring risk while new investors should avoid.