Please find attached herewith Financial Results for Quarter ending 31st March 2025
Awaiting price reaction for this filing.
Garlon Polyfab Industries has submitted its audited financial results for Q4 and full year ended March 2025. The company's performance shows small losses across all quarterly periods, with EPS reported at roughly negative 0.01 levels. The most worrying feature is the balance sheet: shareholders' funds are deeply negative at around negative Rs 204.75 lakhs (reserves and surplus at negative Rs 666 lakhs), meaning the company has completely eroded its net worth. Short-term borrowings of Rs 199.10 lakhs dwarf cash balances of just Rs 0.54 lakhs, pointing to severe liquidity stress. Total assets stand at only Rs 6.30 lakhs.
This is a deeply distressed micro-cap with negative net worth, ongoing losses, and almost no cash. Shareholders face a high risk of further dilution or restructuring, and the stock is likely to remain under pressure until the company restores profitability and capital.