Results-Financial Results for the year ended 31.03.2026
Awaiting price reaction for this filing.
Atma Industries Limited (formerly Jyotirgamya Enterprises Ltd) reported a net loss of Rs 4.12 Lacs for FY2026, significantly worsening from a loss of Rs 1.17 Lacs in FY2025. The company has ZERO revenue from operations for the second consecutive year, with total income of only Rs 2.89 Lacs from miscellaneous income. Total expenses increased sharply to Rs 6.93 Lacs (vs Rs 1.07 Lacs), primarily driven by other expenses of Rs 5.06 Lacs including listing fees, professional fees, and administrative costs. The company has accumulated negative retained earnings of Rs 222.08 Lacs against paid-up capital of Rs 230 Lacs. The auditor issued an unmodified (clean) opinion with no qualified or adverse remarks. However, the auditor noted the company did not use accounting software with audit trail (edit log) facility as mandated from April 1, 2024, raising compliance concerns.
The company is essentially dormant with no operating revenue and mounting losses. The accumulated negative reserves (Rs 222 Lacs) against equity of Rs 230 Lacs signal severe financial distress. Shareholders should be cautious as the stock may face continued weakness given the lack of business operations.