Un-Audited Financial Results for the quarter ended 31.12.2025.
Awaiting price reaction for this filing.
Hemadri Cements, which is in voluntary liquidation since 14 July 2025, reported zero revenue from operations for the quarter and nine months ended 31 December 2025, compared to Rs. 794.62 lakhs in the prior-year nine-month period. The company posted a net loss of Rs. 310.92 lakhs for the quarter and Rs. 778.96 lakhs for the nine months, with basic EPS of (Rs. 4.66) and (Rs. 11.68) respectively. The auditor flagged an Emphasis of Matter noting that accounts were prepared on a liquidation basis rather than a going concern basis, and that Rs. 3,710.77 lakhs was credited to Capital Reserve based on the excess of realisable value over book value of assets. The Liquidator completed an e-auction of 138.25 acres of land, factory building, plant and machinery on 23 January 2026, issued a Letter of Intent on 3 February 2026, and realised the sale consideration on 6 February 2026. Shares have been suspended from BSE trading since 24 November 2025.
Shareholders effectively cannot trade these shares on BSE and are dependent on the liquidation proceeds being distributed. With zero operating revenue and continued losses, the outcome for shareholders hinges on whether the auction realisation ultimately exceeds liabilities and accumulated losses.