BSEVSD Confin LtdHighNeutral
Announced Fri, 14 Nov · 13:27 IST

Please find attached Unaudited Financial Results for QE Sept 30, 2025

Pat NegativeNegative Operating CashflowGoing ConcernResults View source PDF

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AI summary

The Board approved unaudited standalone results for the quarter and half year ended September 30, 2025. The company reported zero revenue from operations and effectively zero total income across Q2 FY26, Q1 FY26 and the comparable prior periods. Total expenses for H1 FY26 stood at Rs. 11.08 lakh (vs Rs. 10.04 lakh in H1 FY25), driven mainly by employee costs (Rs. 3.90 lakh) and other expenses (Rs. 7.00 lakh). The company posted a loss before tax of Rs. 11.08 lakh for H1 FY26, resulting in a loss per share of Rs. 0.07. On the balance sheet, cash and equivalents crashed from Rs. 533.66 lakh (March 2025) to just Rs. 23.07 lakh, while other equity remained negative at Rs. (125.02) lakh, pointing to accumulated losses. The auditor (Bakliwal & Co.) issued an unmodified limited review report with no qualifications.

Likely market impact

The company has no operating business and is burning through its cash reserves at an alarming pace — cash fell nearly 96% in six months and operating cash flow turned sharply negative at Rs. (510.59) lakh. Shareholders face a serious going concern risk as the firm appears to have no revenue stream to support its ongoing expenses.