ENCLOSED HEREWITH BM OUTCOME OF FINANCIAL RESULTS FOR QUARTER AND YEAR ENDED 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suncity Synthetics reported total revenue of Rs. 82.73 Lacs for FY 2025-26, down 30.5% from Rs. 119.08 Lacs in the previous year. The company posted a net profit of Rs. 3.85 Lacs versus a loss of Rs. 56.44 Lacs in FY 2024-25, but this turnaround was driven largely by exceptional items of Rs. 40.06 Lacs (from asset sales). Operating cash flow turned negative at Rs. 80.39 Lacs despite positive Rs. 270.27 Lacs in the prior year. The company disclosed it had NO production activities during the year despite being in the business of reprocessing synthetic and PET bottle waste. Total assets nearly halved from Rs. 209 Lacs to Rs. 85.45 Lacs, while negative other equity worsened to Rs. 639.04 Lacs, indicating severe capital erosion. Borrowings increased to Rs. 17.54 Lacs from Rs. 4.64 Lacs. Auditors issued an unmodified (clean) opinion.
The stock shows extreme financial stress with no production operations, heavily negative equity, and deteriorating cash generation. The reported profit is largely artificial from asset sales and does not reflect operational recovery, making this a high-risk investment with significant going concern risk.