Unaudited Financial results for the Quarter and half year ended 30.09.2025
Awaiting price reaction for this filing.
Pact Industries reported revenue of just Rs 9.37 lakhs for Q2 FY26, flat versus the year-ago quarter, with the company swinging to a small profit of Rs 8.75 lakhs for the quarter. However, for the half year ended September 2025, the company posted a loss of Rs 108.69 lakhs, much wider than the Rs 15.63 lakh loss in H1 FY25. The balance sheet is deeply stressed: total equity is negative at Rs -382.21 lakhs, current borrowings stand at Rs 1,080.31 lakhs against cash of only Rs 12.78 lakhs, and trade receivables of Rs 460 lakhs remain uncollected. A note confirms the company's credit facility has been classified as NPA by the bank, and no interest provision has been made. The limited review report by Sanjeev Raj & Associates is unqualified.
The negative net worth, NPA-tagged borrowings, and continued losses point to serious going-concern risks. Shareholders should treat this stock as a high-risk penny with near-zero operating activity and a balance sheet that is technically insolvent.