Submission of integrated filling-FINANCE
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Awaiting price reaction for this filing.
Svarnim Trade Udyog Limited filed its Q2/H1 FY26 results reporting zero revenue from operations and only Rs 0.21 lakh in other income for the half year. Net loss widened to Rs 6.12 lakh compared to Rs 2.29 lakh in H1 FY25, with basic EPS at Rs (0.25). The balance sheet shows accumulated losses of Rs 263.58 lakh wiping out the entire paid-up equity capital of Rs 243.15 lakh, leaving the company with negative net worth. Operating cash flow was negative at Rs (5.84) lakh, and the company funded itself through new long-term borrowings (up from Rs 13.52 lakh to Rs 25.14 lakh) and loans from directors and their relatives. The statutory auditor DGMS & Co. issued an unqualified limited review report.
Investors should view this as a high-risk stock: the company has no operational revenue, deeply negative net worth with accumulated losses exceeding capital, and is dependent on related-party loans and borrowings to sustain itself. This is a significant red flag for any retail investor.