Stand alone audited financial results for the quarter and year ended March 31, 2026
SEYAIND · price
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Seya Industries Ltd reported a standalone net loss of Rs. 287.41 lakhs for FY26, significantly improved from a loss of Rs. 630.69 lakhs in the prior year. Total income stood at Rs. 1,664.75 lakhs vs Rs. 1,507.20 lakhs in FY25, driven entirely by other income as revenue from operations was nil — the company has effectively ceased commercial operations. Operating loss before tax was Rs. 512.93 lakhs, narrowed from Rs. 820.94 lakhs in FY25. The company is under Corporate Insolvency Resolution Process (CIRP) initiated on 2nd November 2023; powers of the Board of Directors are vested with the Interim Resolution Professional (IRP). The statutory auditor issued an unmodified opinion. Cash flow from operations was deeply negative at Rs. 11,665.82 lakhs due to large working capital adjustments.
The company is in insolvency proceedings with no operating revenue and persistent losses, indicating extreme financial distress. While the loss narrowed year-on-year, the nil operating revenue and negative operating cash flow are serious concerns for any recovery prospects.