Outcome of Board Meeting
Price
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Welterman International Ltd reported significant deterioration in its FY2026 results with a net loss of Rs. 49.97 lakhs, more than tripling from a loss of Rs. 15.41 lakhs in the prior year. Total income remained flat at Rs. 20.34 lakhs (vs Rs. 20.41 lakhs), indicating no revenue growth. The company continues to burn cash with negative operating cash flow of Rs. 0.49 lakhs. On the balance sheet, other equity stands deeply negative at Rs. -1,731.88 lakhs, and total liabilities exceed total assets by Rs. 120.42 lakhs against Rs. 124.57 lakhs in FY2025, showing minimal improvement in the solvency position. Borrowings stand at Rs. 670.35 lakhs. The Board approved the audited results and the CFO confirmed an unmodified opinion from auditors PSCA & Co.
The company is in severe financial distress with mounting losses, negative equity, and negative operating cash flow. Shareholders face significant risk as net worth has been fully eroded.