KATARE SPINNING MILLS LTD.

Spins cotton yarn and generates solar power, but the spinning business has been substantially non-operational for a prolonged period. For FY26, revenue from operations was Rs 2.79 crore, down from Rs 5.12 crore in FY25, with the cotton yarn segment recording zero sales in Q2 FY26 and only Rs 0.52 crore in Q3 FY26. The cotton yarn segment generated Rs 0.92 crore of revenue in the year ended March 2026, while solar power generation contributed Rs 0.06 crore over the same period. The company reported a net loss of Rs 2.16 crore in FY26 against a loss of Rs 1.73 crore in the previous year, and the auditor flagged a material uncertainty related to going concern due to accumulated losses and non-operational manufacturing activities. Depreciation at 46.9% of revenue reflects the heavy asset base (total assets of Rs 118.74 crore) sitting largely idle, with net worth down to Rs 56.27 lakh.