Unaudited Standalone Financial Results for 30-09-2025 have been attached herewith.
Awaiting price reaction for this filing.
PAE Limited's board approved its unaudited standalone results for Q2 and H1 FY26, showing zero revenue from operations and a net loss of ₹8.65 lakh for the quarter and ₹30.16 lakh for the half year, against a profit of ₹15 lakh in the same period last year. The company has effectively no operating business at present, with total assets of just ₹20.09 lakh and negative net worth of ₹(498.61) lakh, partly because all old equity and preference shares were cancelled under a Resolution Plan approved by NCLT Mumbai via CIRP under IBC. New promoters have infused ₹5.80 crore (₹3.95 crore as equity and ₹4.85 crore as unsecured loans), and there is an additional unsecured loan of ₹23.38 lakh from a director. The statutory auditor (J.M. Patel & Bros.) issued a Disclaimer of Opinion, flagging non-availability of confirmations and reconciliations for bank balances, fixed assets (all written off), revenue authorities, cash and various deposits. Operating cash flow for the period was negative at ₹(27.50) lakh.
This is a deeply distressed micro-cap that just emerged from insolvency with no revenue, negative net worth, and a Disclaimer of Opinion from the auditor — existing shareholders were wiped out via share cancellation, and only new promoter equity holders remain. The stock carries very high risk; any investment decision requires tracking whether the new management can actually restart operations and turn around the business.