Shah Foods Ltd has informed the exchange regarding the outcome of Board Meeting held on November 14, 2025
Awaiting price reaction for this filing.
Shah Foods Ltd's Board approved unaudited standalone results for Q2 and H1 FY26, with the auditor (Keshri & Associates) issuing an unqualified limited review opinion. Revenue from operations was NIL for both Q2 FY26 and H1 FY26, compared to Rs. 88.59 lakh in Q2 FY25 and Rs. 96.59 lakh in H1 FY25, indicating a complete collapse in business activity. The company reported a net loss of Rs. 0.66 lakh in Q2 FY26 and Rs. 5.85 lakh in H1 FY26 (vs. loss of Rs. 4.38 lakh in H1 FY25). EPS stood at Rs. -0.11 for Q2 and Rs. -0.98 for H1 FY26. Total equity is negative at Rs. -62.28 lakh with accumulated losses of Rs. -122.03 lakh, while borrowings stand at Rs. 116.79 lakh. Operating cash flow was deeply negative at Rs. -106.99 lakh for H1 FY26.
This is a serious red flag for shareholders — the company has zero revenue, negative net worth, mounting losses, and severe cash burn, raising significant going-concern questions. The stock is likely to face negative investor reaction given the near-total business shutdown.