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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Priya Limited reported an overall profit of Rs. 434.50 lakhs for FY 2025-26, but this is misleading as it stems from a notional exceptional gain of Rs. 803.39 lakhs arising from bank auction of office premises. The company actually incurred an operational loss of Rs. 90.25 lakhs. Revenue from operations is essentially nil due to blocked bank accounts following NPA classification by Indian Bank, Bank of Maharashtra, and Union Bank of India since October 2018. The company has negative net worth of Rs. 4,463.55 lakhs (liabilities exceed assets), has ceased all business operations, closed all branches except Mumbai, and laid off most employees. The company's promoter, directors, and corporate guarantors have been declared willful defaulters by all three banks. The company deposited Rs. 1.75 crore towards a one-time settlement proposal of Rs. 22.81 crore with Indian Bank.
The stock is extremely high-risk. Despite reported profit, the company has negative net worth, no operating revenue, adverse auditor opinion, willful defaulter status, and is effectively non-functional. Any settlement with lenders will likely result in significant dilution or value destruction for existing shareholders.