The Financial results are declared in pursuance with the implementation of Resolution plan as approved by NCLT
RESULTS
◆ Monitor Closely
HIGH RISK
📅 Filed on BSE: 28 Mar 2026, 10:45 PM IST · BSE ID: 5423db6c-706c-431e-97d7-5d0453ec77e3
View Original BSE Filing (PDF)
⚡ Quick Answer
BKM Industries Ltd reported a net loss of Rs. 273 Lakhs for the quarter ended June 30, 2021, in its first official filing since the NCLT approved a resolution plan. The company had zero revenue from operations, with significant current liabilities of Rs. 14,338 Lakhs compared to current assets of Rs. 8,156 Lakhs.
💡
In Simple Terms
After four years of insolvency proceedings, BKM Industries has filed its delayed financial results showing zero sales and Rs. 273 Lakhs loss, with the court approving relief for late filing.
🤖 AI Summary
- BKM Industries files Q1 FY22 results four years late: zero revenue, Rs. 273 Lakhs net loss
- Quarter ended 30 June 2021; filing delayed due to Corporate Insolvency Resolution Process under IBC 2016
- NCLT-approved resolution plan grants immunities for past non-compliances including delayed result submission
- Balance sheet shows current liabilities Rs. 14,338 Lakhs versus current assets Rs. 8,156 Lakhs
- Company operating with minimal activity: depreciation Rs. 249 Lakhs only operational expense reported
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations
Rs. 0 Lakhs
Net Loss for Q1 FY22
Rs. 273 Lakhs
Current Liabilities
Rs. 14,338 Lakhs
Current Assets
Rs. 8,156 Lakhs
Depreciation & Amortisation
Rs. 249 Lakhs
Paid-up Equity Share Capital
Rs. 655 Lakhs
Basic & Diluted EPS
Rs. (0.42) per share
🏢 How This Affects the Company
Company shows zero revenue from operations in the quarter, indicating complete suspension of trading activity during and post-insolvency resolution period.
Net loss of Rs. 273 Lakhs for the quarter. Current liabilities of Rs. 14,338 Lakhs exceed current assets of Rs. 8,156 Lakhs by Rs. 6,182 Lakhs, indicating severe balance sheet stress.
Minimal operational activity with only depreciation expense of Rs. 249 Lakhs and other expenses of Rs. 24 Lakhs; no revenue-generating activity or employee costs recorded.
Significant solvency risk remains with negative working capital of Rs. 6,182 Lakhs. Resolution plan implementation success is critical to avoid further deterioration.
👥 What This Means For Shareholders
✅
Action Required
Monitor quarterly result filings and resolution plan implementation disclosures to track business revival progress; no immediate shareholder action required.
👤
Who Is Affected
Existing equity shareholders (paid-up capital Rs. 655 Lakhs) face dilution risk if resolution plan involves equity restructuring or debt-to-equity conversion.
🔍
Management Signal
NCLT-approved resolution plan signals management intent to regularize compliance and restart operations, though operational zero revenue indicates revival remains pending.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY26 results filing — check if operational revenue resumes and loss trajectory improves
NCLT resolution plan compliance updates — monitor business restart, asset monetisation, debt restructuring execution
Balance sheet improvement — track if working capital gap narrows in subsequent quarters post-resolution
HIGH RISK
Zero operational revenue, negative working capital Rs. 6,182 Lakhs, current liabilities Rs. 14,338 Lakhs. Business revival post-insolvency remains unproven.
💡 Investor Takeaway
BKM Industries filed four-year-delayed Q1 FY22 results showing zero revenue, Rs. 273 Lakhs net loss, and current liabilities of Rs. 14,338 Lakhs against current assets of Rs. 8,156 Lakhs. Severe balance sheet stress and operational inactivity persist post-insolvency resolution.
⚖️ Strengths & Concerns
⚠️ Concerns
- Zero revenue from operations indicates complete business standstill during Q1 FY22 period under review
- Current liabilities of Rs. 14,338 Lakhs exceed current assets of Rs. 8,156 Lakhs; negative working capital Rs. 6,182 Lakhs
📅 Company Track Record
BKM Industries (formerly Manaksia Industries Ltd., CIN L27100WB2011PLC161235) underwent Corporate Insolvency Resolution Process under IBC 2016 following NCLT orders. Q1 FY22 results filed 28 March 2026 represent first official quarterly submission post-resolution. Previous filings confirm: FY22 full-year net loss Rs. 1,492 Lakhs with zero revenue; Q3 FY22 loss Rs. 273 Lakhs with zero revenue and current liabilities Rs. 14,425 Lakhs.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was BKM Industries' net loss for the quarter ended June 30, 2021?
BKM Industries reported a net loss of Rs. 273 Lakhs for the quarter ended June 30, 2021.
Did BKM Industries have any revenue from operations for Q1 FY22?
BKM Industries reported zero revenue from operations for the quarter ended June 30, 2021.
What are BKM Industries' current liabilities and assets as per the filing?
BKM Industries reported current liabilities of Rs. 14,338 Lakhs and current assets of Rs. 8,156 Lakhs.
What is the significance of the NCLT's approval for BKM Industries?
The NCLT's approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016, marks the first official financial result submission for BKM Industries after a four-year delay.
What was BKM Industries' Basic & Diluted EPS for Q1 FY22?
BKM Industries' Basic & Diluted EPS for Q1 FY22 was Rs. (0.42) per share.
Questions based on this BSE filing only. For information purposes.