PFA results for the quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
B.P. Capital Limited reported virtually no income from operations for Q2 FY26 and H1 FY26, as the company has no active business at present after surrendering its NBFC registration to the RBI. Total expenses for the quarter stood at Rs 4.31 lakhs, resulting in a loss before tax of Rs 4.31 lakhs (vs Rs 3.79 lakhs loss in Q1 FY26), and a half-year loss of Rs 8.10 lakhs versus Rs 7.55 lakhs in H1 FY25. Basic loss per share for H1 FY26 was Rs 0.13, while reserves remain deeply negative at Rs (159.45) lakhs against equity capital of Rs 601.18 lakhs. The auditor has flagged an Emphasis of Matter noting that a non-current investment of Rs 2.67 crore is recorded at acquisition cost without fair valuation as required by Ind AS, and that there has been no business activity during the period. Cash flow from operations was negative at Rs (6.29) lakhs, funded by short-term borrowings. The company has also not paid BSE listing fees since FY 2022-23, and has related-party unsecured loans with promoter-linked entities.
Negative for shareholders — the company remains a non-operating shell with mounting losses, negative reserves, and going-concern-type red flags including dormant operations, an auditor Emphasis of Matter, and pending BSE listing-fee action. The stock is likely to remain illiquid and risky unless a new business or revival plan is announced.