YASHRAJ CONTAINEURS LTD.

Classified in the packaging and industrial products segment, this BSE-listed entity has been under Corporate Insolvency Resolution Process since an NCLT order in February 2024, with its affairs now run by Resolution Professional Ajit Kumar rather than regular directors. The packaging business has effectively stopped operating — revenue from operations was reported as zero across multiple quarters in FY26, and total income for the year was just Rs 16.71 lakhs, down 92% from Rs 210.83 lakhs in FY25, coming almost entirely from 'other income'. The company posted a net loss of Rs 66.37 lakhs in FY26, against a Rs 2,418.17 lakhs loss in FY25 (which had a Rs 2,475.20 lakh exceptional item). Operating cash flow was negative Rs 251.34 lakhs in FY26. The statutory auditor has issued qualified opinions and emphasis-of-matter notes flagging material uncertainty about the company's ability to continue as a going concern, both in the annual results and in half-yearly results. The balance sheet is severely impaired, with deeply negative other equity and current borrowings of Rs 10,208.46 lakhs.