BSEAtcom Technologies LtdHighNeutral
Announced Thu, 13 Nov · 17:32 IST

We would like to inform you that the Board of Directors of the Company, in their meeting held today, i.e., Thursday, 13th November 2025 commenced at 5:00 p.m. and concluded at 5:30 p.m. in Mumbai

Pat NegativeDebt Equity ThresholdGoing ConcernResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Atcom Technologies, at its meeting on November 13, 2025, approved the unaudited standalone and consolidated financial results for Q2 and H1 FY26. Standalone revenue from operations for Q2 FY26 was Rs 6.34 lakhs versus Rs 5.40 lakhs in Q2 FY25, and the company reported a small standalone profit of Rs 2.20 lakhs in Q2 (against a loss of Rs 6.82 lakhs a year ago), though the H1 standalone result remained a loss of Rs 4.62 lakhs. On a consolidated basis, performance deteriorated sharply, with a Q2 net loss of Rs 40.78 lakhs and an H1 net loss of Rs 47.50 lakhs (versus Rs 9.97 lakhs in H1 FY25), driven by a big jump in consolidated expenses. The balance sheet remains deeply stressed with total assets of only Rs 572 lakhs (consolidated) set against borrowings of around Rs 9,038 lakhs and a negative net worth of approximately Rs 9,945 lakhs (consolidated) and Rs 9,783 lakhs (standalone). The statutory auditor (Gada Chheda & Co. LLP) issued an unmodified limited review report with no adverse comments.

Likely market impact

This is a micro-cap, financially distressed company with negative shareholders' equity, very high debt and minimal operating revenue, making it a high-risk, speculative stock. While the Q2 standalone result turned marginally positive, the steep consolidated loss, negative book value and absence of meaningful revenue base are serious red flags for shareholders and signal potential long-term viability concerns.