BSESilver Oak India LtdHighNeutral
Announced Tue, 11 Nov · 18:30 IST

Approval of Unaudited Financial Results for the quarter and half yearly ended 30th September,2025.

Revenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDF

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AI summary

The Board approved unaudited standalone and consolidated results for the quarter and half-year ended 30 September 2025, along with the auditor's limited review report. Standalone revenue grew about 41% YoY to Rs 25.34 lakhs in Q2 FY26 (vs Rs 17.93 lakhs in Q2 FY25), but the company reported a standalone net loss of Rs 29.97 lakhs for the quarter and Rs 73.35 lakhs for H1 FY26. Consolidated losses narrowed to Rs 46.81 lakhs for H1 FY26 (vs Rs 71.98 lakhs last year), helped by subsidiary APT Infrastructure. Standalone net worth is deeply eroded, with other equity at Rs (1,260.52) lakhs against share capital of Rs 379.02 lakhs, and consolidated operating cash flow swung negative to Rs (122.76) lakhs for H1 FY26 versus positive Rs 35.96 lakhs a year ago. The auditor (Mahendra Badjatya & Co.) issued an unmodified limited review opinion on both sets of results.

Likely market impact

Top-line growth is encouraging, but the standalone entity remains loss-making with severely negative reserves, signalling balance-sheet stress for shareholders. Investors should watch whether the subsidiary's earnings can continue to offset standalone losses and whether cash generation recovers in H2.