BSEParmax Pharma LtdHighNeutral
Announced Wed, 3 Jun · 19:05 IST

Results for Financial Results for Quarter and Financial Year ended March 31, 2026

Revenue DeclinePat NegativeNegative Operating CashflowGoing ConcernRelated Party TransactionsContingent Liabilities IncreasedResults View source PDFExplain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹44.74
prior close
₹46.46
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+14.1+14.9+14.9+14.9+3.7+9.3+14.6+20.3+26.3+39.2+67.8+88.9+125.0
Up moveDown movePending
AI summary

Parmax Pharma reported deeply negative results for FY26. Revenue from operations collapsed to ₹1,211.16 lakhs from ₹2,820.40 lakhs in FY25 — a drop of about 57%. The company posted a net loss of ₹415.91 lakhs for FY26, nearly double the ₹209.40 lakh loss last year. Loss before tax widened to ₹584.57 lakhs, and basic EPS worsened to ₹(11.12) from ₹(5.60). The auditor flagged several key audit matters including an unsettled insurance claim of ₹350.57 lakhs from a 2023 fire, mutual fund investments held in the Managing Director's name in violation of Section 187(1) of the Companies Act, non-provision of depreciation on certain plants, employee benefits recorded on cash basis instead of accrual, and acceptance of ₹61.17 lakhs in deposits from an LLP in violation of RBI rules and the Companies Act.

Likely market impact

Shareholders should be alarmed by a negative net worth of ₹614.78 lakhs (equity fully eroded), rising long-term borrowings to ₹1,151.82 lakhs, and negative operating cash flow of ₹235.54 lakhs — all pointing to serious going-concern risk. The combination of plunging revenues, widening losses, unresolved insurance recovery, and multiple compliance violations is likely to weigh heavily on the stock.