Q1FY27 results: zero revenue, wider loss; CIRP underway, liquidation filed
SANWARIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sanwaria Consumer posted zero revenue from operations in Q1FY27 versus Rs 26.52 lakh in Q1FY26. Standalone net loss widened to Rs 76.24 lakh from Rs 54.79 lakh; consolidated loss was Rs 86.09 lakh. The company remains under Corporate Insolvency Resolution Process since May 2020. The Committee of Creditors rejected all five resolution plans and decided to liquidate; the Resolution Professional has filed the liquidation application before NCLT. Auditor flags cash-basis accounting, unconfirmed bank balances, and non-compliance with Ind AS 23 on borrowing costs.
Company is heading toward liquidation. Shareholders face near-total loss as NCLT processes the liquidation application filed by the Resolution Professional.