BSESai Industries LtdMediumNeutral
Announced Thu, 5 Feb · 16:20 IST

We hereby attaching the revise financial result for quarter ended september 2025

Going ConcernPat NegativeNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sai Industries Ltd submitted its revised unaudited financial results for the quarter ended September 30, 2025, approved by the board on November 13, 2025. The company reported zero revenue from operations for Q2 FY26, same as in the previous quarter and the year-ago period. Total expenses of Rs. 2.13 lakhs led to a net loss of Rs. 2.13 lakhs in Q2 FY26, wider than the Rs. 1.04 lakh loss in Q2 FY25. The balance sheet shows total equity in deeply negative territory at Rs. (181.24) lakhs due to accumulated reserves of Rs. (478) lakhs, against borrowings of Rs. 827.15 lakhs. Cash flow from operations was negative at Rs. (2.28) lakhs, and cash on hand dropped to just Rs. 0.09 lakhs. Auditor Girotra & Co. issued a clean (unmodified) limited review report.

Likely market impact

The company is effectively non-operating with no revenue, negative net worth, mounting borrowings, and dwindling cash — serious red flags for shareholders. The clean auditor review does not change the fact that the business shows no signs of operational activity, and the deeply negative equity signals potential solvency concerns.