The Board of Directors of Bheema Cements Limited, have at their meeting held on Thursday, the 14th day of August, 2025, interalia considered and approved, along with other business items, ....
Awaiting price reaction for this filing.
The Board of Bheema Cements met on 14 August 2025 and approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The company reported revenue of just Rs. 0.96 lakhs, down sharply from Rs. 5.56 lakhs in the same quarter last year, indicating near-zero operations. It posted a net loss of Rs. 734.72 lakhs (vs Rs. 743.41 lakhs in Q1 FY25), with an EPS of Rs. -2.25. The statutory auditor issued a qualified review report flagging major issues: unpaid NCLAT-mandated dues to Union Bank of India and JM Financial Asset Reconstruction Company (with prior liquidation petitions that were withdrawn but remain at risk of revival), Rs. 21.80 lakhs in unremitted TDS, unpaid annual listing fees, and SEBI having already suspended trading in the stock due to penal reasons.
This is a deeply distressed, effectively non-operating cement company. With SEBI trading suspension already in effect, liquidation risk if NCLAT/NCLT compliance is not met, and mounting losses, existing shareholders face a high probability of total loss. The stock is illiquid and unsuitable for retail investors until these regulatory and debt issues are resolved.