This is to inform you that the due to some scanning error, the declaration of the audit report with unmodified opinion was missed uploading with the financial results declared yesterday. ....
Awaiting price reaction for this filing.
B. P. Capital Limited reported zero revenue from operations for both Q4 FY25 and the full financial year FY25, continuing its status as a non-operating company. The company posted a net loss of Rs 16.09 lakhs in FY25, slightly wider than the Rs 14.16 lakh loss in FY24. The auditor issued an unmodified opinion but flagged an emphasis of matter on the Rs 2.67 crore investment not being valued at fair value as required by Ind AS, and on the absence of any business activity during the year. The company's NBFC registration was cancelled by RBI back in 2016, a proposed merger with Diamond Footcare was withdrawn in 2019, and management is still exploring options to restart operations. The BSE scrip is suspended from normal trading (trade-for-trade only on the first trading day of each week) due to unpaid annual listing fees for three years.
For shareholders, this is a deeply negative situation — the company has no business, is bleeding cash (negative operating cash flow of Rs 10.82 lakhs), its shares are suspended from normal trading, and there is no clear path to restarting operations. The stock is effectively illiquid and the going concern of the company is clearly in question.