Unaudited Financial results for the quarter and half year ended 30.09.2025 considered and approved in today board meeting 10.11.2025
Awaiting price reaction for this filing.
Centerac Technologies reported weak Q2 FY26 results with revenue from operations of just Rs 5.18 lacs, down sharply from Rs 12.45 lacs in Q2 FY25. For H1 FY26, revenue collapsed ~73% to Rs 12.02 lacs (vs Rs 44.30 lacs in H1 FY25), and the company swung to a net loss of Rs 10.41 lacs from a profit of Rs 34.72 lacs a year ago, as total expenses surged to Rs 22.44 lacs from Rs 8.96 lacs. The balance sheet remains under stress with deeply negative retained earnings of Rs (114.59) lacs, a negative bank balance of Rs (14.82) lacs indicating an overdraft, and Rs 30 lacs in Optionally Convertible Debentures plus Rs 5 lacs of unpaid OCD interest. The company disclosed that redemption of Non-Convertible Debentures that matured on April 6, 2024 is still being processed. Operating cash flow was negative at Rs (5.44) lacs for the half year. The auditor (Mittal & Associates) issued an unqualified limited review report with no modifications.
This is a small-cap in clear financial distress — collapsing revenue, renewed losses, negative net worth, unpaid matured debentures, and an overdraft position all point to material going-concern risk for shareholders, even though the auditor did not flag it. Near-term stock action is likely to remain negative given the deteriorating fundamentals.