BSET Spiritual World LtdHighNeutral
Announced Mon, 10 Nov · 12:28 IST

The Unaudited Financial Result for the 02nd quarter and half year ended 30/09/2025

Going ConcernPat NegativeNegative Operating CashflowRelated Party TransactionsResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

T Spiritual World Limited reported no revenue from operations in Q2 FY26, with total income of just Rs. 0.18 lakhs coming entirely from 'other income' (likely rent). The company posted a net loss of Rs. 4.29 lakhs for the quarter, narrower than the Rs. 9.42 lakhs loss in Q1 FY26, but the half-year loss stood at Rs. 13.71 lakhs versus Rs. 13.16 lakhs in H1 FY25. The company has no debt, but its reserves are deeply negative at Rs. (1,866.85) lakhs against equity share capital of Rs. 2,000.20 lakhs, and the filing itself notes that accumulated losses have eroded over 50% of its net worth. Cash balance has fallen to Rs. 1.81 lakhs from Rs. 3.40 lakhs, with negative operating cash flow of Rs. 1.95 lakhs in H1.

Likely market impact

The stock is effectively a non-operating shell with no business revenue, mounting losses, and a note from management acknowledging that more than half of its net worth has been wiped out by accumulated losses — a serious going concern red flag. Shareholders should expect continued value erosion with no clear path to profitability in the near term.