Publication of extract of Audited Financial Results for the quarter and year ended 31st March 2026
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Standard Shoe Sole and Mould (India) Ltd reported zero revenue from operations for both Q4 FY26 and full year FY26, continuing its non-operational status. The company posted a net loss of Rs 4.24 lakhs for Q4 FY26 and Rs 11.61 lakhs for FY26, an improvement from Rs 18.56 lakhs loss in FY25. The paid-up equity share capital remains at Rs 518.15 lakhs with a face value of Rs 10 per share. Other equity turned negative at Rs 609.13 lakhs, indicating accumulated losses have eroded shareholder funds. EPS improved marginally from Rs (0.36) in FY25 to Rs (0.22) in FY26 but remains deeply negative.
The company is essentially non-functional with no revenue and significant accumulated losses eroding equity. Shareholders face extreme risk as the company appears to be a shell entity with no business operations generating income.