BURNPURNSEBurnpur Cement Limited· Cement And Cement ProductsHighNeutral
Announced Mon, 19 Jan, 2026 · 19:14 IST
Q3 FY26 results: Burnpur Cement posts Rs 20.19 cr loss, no revenue
Going ConcernEmphasis Of MatterPat NegativeRevenue DeclineResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Burnpur Cement reported zero revenue from operations for Q3 and 9M FY26, posting a loss of Rs 20.19 cr in Q3 (EPS minus 11.69) and Rs 58.49 cr in 9M FY26. The company has no operational unit since Ultratech acquired its Patratu assets in Nov 2023. Share capital was cut via NCLT order in Oct 2024. Auditor flagged going concern doubts; management itself concluded the firm is not a going concern and is exploring mergers or acquisitions. Finance cost alone was Rs 19.6 cr in the quarter.
Likely market impact
Company is not a going concern with no operations or revenue. Stock remains distressed; future hinges on a strategic transaction such as merger or acquisition.