Unaudited Financial Results for the quarter and half year ended 30th September 2025
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Standard Shoe Sole and Mould (India) Ltd reported no revenue from operations for Q2 FY26 and H1 FY26, with the company effectively generating zero business income. The company posted a net loss of Rs. 1.33 lakhs in Q2 FY26 and Rs. 6.19 lakhs for H1 FY26, continuing its pattern of losses (FY25 full-year loss was Rs. 18.56 lakhs). The balance sheet shows deeply negative net worth of Rs. (85.56) lakhs, with reserves at Rs. (603.71) lakhs. Borrowings increased to Rs. 46.19 lakhs from Rs. 38.24 lakhs a year earlier. Auditor S. Daga & Co. issued an unqualified limited review report. Cash and equivalents stand at just Rs. 0.13 lakhs.
This is a serious red flag for shareholders — the company has no operating business, is bleeding cash, carries negative equity, and is funding itself through borrowings. The stock is essentially that of a dormant/shell company with significant going-concern risk and is unlikely to attract serious investor interest.