result for quarter and year ended dated 31.03.2026
Awaiting price reaction for this filing.
Pithampur Poly Products reported revenue from operations of Rs 55.83 lakh for FY2026, up from Rs 50.80 lakh in FY2025, representing ~10% revenue growth. However, the company continues to incur significant losses with Loss After Tax of Rs 68.04 lakh (improved from Rs 129.10 lakh loss in FY2025). The balance sheet shows alarming negative equity of Rs 738.96 lakh, as total liabilities (Rs 1,129.45 lakh) far exceed total assets (Rs 390.48 lakh). Finance costs of Rs 49.48 lakh are nearly equal to total income, indicating severe cost structure issues. The statutory auditor issued an unmodified opinion confirming compliance with accounting standards.
The stock remains in deep financial distress with negative equity and consistent losses. Shareholders face extreme risk as liabilities exceed assets by significant margin. The company's ability to continue as a going concern is in serious doubt despite improving loss trends.