AUTOMOBILE PRODUCTS OF INDIA L

Earns revenue primarily from Consultancy Services, which contributed 100% of segment revenue at Rs 0.1275 crore for the nine months ended December 31, 2023, while a Trading Activity segment reported no revenue. Total revenue from operations for FY2026 was Rs 17 lakhs, flat versus the previous year, and total income stood at Rs 80.80 lakhs versus Rs 84.15 lakhs in FY2025. The company classified under Auto Components & Equipments does not show any operating auto-components manufacturing activity in the filings; its commercial activity is limited to consultancy fees. The business is loss-making, with a net loss of Rs 173.42 lakhs in FY2026 (versus Rs 189.95 lakhs loss in FY2025), and finance costs of Rs 142.87 lakhs are the dominant expense against total income. Net worth is completely eroded, with negative reserves of Rs 1,614.93 lakhs and negative total equity of Rs 1,566.75 lakhs, and the statutory auditor flagged a going-concern emphasis of matter noting the holding company has committed to provide financial support. A rights issue of 13,99,415 shares at Rs 1 per share was completed in April 2026, raising approximately Rs 14 lakhs.