BSESai Industries LtdHighNeutral
Announced Thu, 5 Feb · 15:15 IST

we hereby attaching the revise financial statement under regulation 33(3) of SEBI Regulations,2015 for quarter ended on 31st december 2025

Pat NegativeRevenue DeclineNegative Operating CashflowDebt Equity ThresholdResults RestatedResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sai Industries Ltd submitted revised unaudited financial results for the quarter ended 31 December 2025, approved at the board meeting on 24 January 2026. The company reported zero income from operations across all periods, with the only activity being other expenses of Rs. 2.48 lakh for the nine-month period, resulting in a net loss of Rs. 2.48 lakh. Reserves are deep in the red at negative Rs. 478.33 lakh, indicating accumulated losses far exceeding share capital of Rs. 296.76 lakh. The auditor (Girotra & Co.) issued an unqualified limited review report with no matters of concern flagged. The balance sheet shows borrowings of Rs. 823.47 lakh against negative total equity, and operating cash flow was negative at Rs. 15.18 lakh.

Likely market impact

This is a deeply concerning update for shareholders — the company has no operating revenue, is loss-making, carries negative reserves and equity, and has very high borrowings. The revised filing itself signals prior reporting issues. Expect continued pressure on the stock and serious going-concern questions, even though the auditor did not flag this explicitly.