Submission of standalone Un-Audited Financial Results of the Company for the Quater and Half Year Ended September 30, 2025
Awaiting price reaction for this filing.
BJ Duplex Boards reported virtually no operational revenue for the quarter, with total income of just Rs 0.30 lakhs entirely from 'other income.' The company posted a net loss of Rs 13.54 lakhs for Q2 FY26 and Rs 21.23 lakhs for H1 FY26, widening sharply from Rs 9.87 lakhs in H1 FY25. Basic EPS was negative at Rs (0.09) for the half year. The balance sheet shows total equity still in negative territory at Rs (44.80) lakhs as of September 30, 2025, though it improved from Rs (172.26) lakhs at March 31, 2025, thanks to a preferential allotment of 1.41 crore shares at Rs 1 each to the promoters. Operating cash flow was deeply negative at Rs (154.99) lakhs versus Rs (8.76) lakhs last year, funded mainly by the share infusion and additional short-term borrowings of Rs 17.82 lakhs. The statutory auditor (V.R. Bansal & Associates) issued an unmodified limited review opinion.
This is a weak set of results for shareholders — the company has no meaningful operating revenue, losses are deepening, equity remains negative, and cash burn from operations has ballooned. The promoter capital infusion prevents an immediate going-concern crisis, but absent a return to actual business activity, the stock remains a high-risk bet on a turnaround.