In furtherance to the Board Meeting Notice dt.22nd May 2026, we wish to inform you that at the meeting of Board of Directors of M/s. Phyto Chem (India) Limited held today i.e., on 29th ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Phyto Chem India reported a net loss of Rs. 180.28 lakhs for FY 2025-26, significantly worse than the Rs. 99.15 lakhs loss in FY 2024-25. Revenue from operations dropped sharply to Rs. 907.05 lakhs from Rs. 1,407.84 lakhs in the previous year, representing a decline of about 35.6%. The company also filed a claim of Rs. 6.21 crores against Siri Smelters & Energy Private Limited under NCLT insolvency proceedings. Borrowings increased to Rs. 2,041.90 lakhs from Rs. 1,491.27 lakhs, while other equity deteriorated to just Rs. 26.93 lakhs from Rs. 208.75 lakhs. The statutory auditor issued an unmodified (clean) opinion on the financial statements.
The company is facing severe financial stress with mounting losses, declining revenues, and shrinking equity base. Increased debt levels combined with negative other equity raise concerns about long-term viability. However, the clean audit opinion may provide some comfort to investors.