Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015, we wish to inform you that the Board of Directors, at its meeting held ....
Awaiting price reaction for this filing.
JPT Securities Limited reported significantly deteriorating financial results for FY2026. The company posted a standalone net loss of Rs. 673.88 lakhs for the year, a sharp deterioration from a loss of Rs. 20 lakhs in FY2025. Total income declined to Rs. 10.36 lakhs from Rs. 42.01 lakhs in the previous year. The auditors (JMT & Associates) issued an Emphasis of Matter citing material uncertainty about the company's ability to continue as a going concern. This stems from Rs. 6.49 crore in Inter-Corporate Deposits (ICDs) that have defaulted in principal and interest repayment (100% provision already made), and liquidity issues where statutory dues of Rs. 2.85 crore remain unpaid for over six months. The company's Other Equity has turned deeply negative at Rs. -641.45 lakhs, indicating negative net worth. Despite these concerns, the auditors issued an unmodified (clean) opinion on the financial statements.
This is a high-risk filing. The going concern uncertainty flagged by auditors, negative equity, massive losses, and liquidity issues signal serious financial distress. Shareholders should exercise extreme caution as the company's solvency is in question.