Polycon International Limited has submitted Standalone Audited Financial Results for the Quarter and Year ended 31-03-2026 approved by the Board in its meeting held on 29-05-2026.
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Polycon International Ltd reported audited standalone financial results for FY 2025-26 with a clean (unmodified) opinion from S.R. Goyal & Co. The company's equity has sharply eroded from Rs 398.12 lakhs (March 2025) to just Rs 110.51 lakhs (March 2026), with retained earnings turning negative at Rs (433.04) lakhs. Total assets stood at Rs 4,265.33 lakhs against total liabilities of Rs 4,154.82 lakhs. The company operates a single business segment (Ind AS 108 not applicable). The Board meeting held on 29th May 2026 lasted over 5 hours. The statutory auditor confirmed unmodified opinion under Regulation 33(3)(d). The previous period figures have been regrouped wherever necessary.
The company faces significant financial stress with negative retained earnings and sharply declining equity, raising substantial going concern risks despite the clean audit opinion. Shareholders should monitor the company's ability to meet obligations and sustain operations.