Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, we have enclosed herewith the audited financial results (Standalone) for the quarter and year ended March 31,2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 26 May 2026, 03:22 PM IST · BSE ID: 249a15c3-d0b3-431a-a639-768ac316f928
View Original BSE Filing (PDF)
💡
In Simple Terms
Bloom Industries reported its annual financial results, but auditors highlighted major unpaid taxes and unfiled returns.
🤖 AI Summary
- Bloom Industries Ltd. released audited standalone financial results for the quarter and year ended March 31, 2026.
- Total Income for the financial year ended March 31, 2026, was Rs. 1,547.72 Lakhs.
- The auditor's report identified statutory defaults, including unfiled GST returns since May 2025 and unfiled TDS returns for FY26.
- The company's GST registration was suo motu cancelled by tax authorities on December 6, 2025.
- The Board noted the completion of the Internal Auditor's tenure for FY 2025-26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income (Year Ended March 31, 2026)
Rs. 1,547.72 Lakhs
Total Income (Year Ended March 31, 2025)
Rs. 417.49 Lakhs
Profit/(Loss) before tax (Year Ended March 31, 2026)
Rs. 3.04 Lakhs
Profit/(Loss) before tax (Year Ended March 31, 2025)
Rs. (5.24) Lakhs
🏢 How This Affects the Company
The company faces potential material financial exposure from unrecorded statutory liabilities, interest under Section 50 of the CGST Act and Section 201(1A) of the Income Tax Act, and late fees under Section 234E of the Income Tax Act.
The cancellation of GST registration on December 6, 2025, impacts the company's ability to conduct business requiring GST compliance.
The identified statutory defaults introduce significant regulatory and financial risks, including the risk of Input Tax Credit (ITC) becoming time-barred under Section 16(4) of the CGST Act, 2017.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial and operational risks stemming from non-compliance with statutory tax regulations.
🔍
Management Signal
The board approved the results while the auditor highlighted significant statutory non-compliance, suggesting a gap in oversight or internal controls related to tax matters.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next financial results — observe disclosure on resolution of statutory defaults.
Regulatory updates — look for any announcements regarding GST or TDS compliance status.
Auditor's report in subsequent filings — check for modifications or continuation of 'Other Matter' notes.
HIGH RISK
Multiple statutory defaults and GST registration cancellation indicate significant compliance and financial risks.
💡 Investor Takeaway
Bloom Industries Ltd. reported a Total Income of Rs. 1,547.72 Lakhs for FY26. However, the auditor noted significant statutory defaults, including unfiled GST returns since May 2025, cancellation of GST registration, and unfiled TDS returns for FY26, indicating potential material financial exposure.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company has not filed Goods and Services Tax (GST) returns since May 2025.
- Tax Deducted at Source (TDS) has not been deposited, and no TDS returns were filed for the entire financial year ended March 31, 2026.
📅 Company Track Record
No previous filings or specific historical context for Bloom Industries Ltd. were found. The company was incorporated in 1989 (CIN: L272000R1989PLC036629).
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Bloom Industries Ltd.'s Total Income for the financial year ended March 31, 2026?
Bloom Industries Ltd.'s Total Income for the financial year ended March 31, 2026, was Rs. 1,547.72 Lakhs.
What statutory defaults were noted in Bloom Industries Ltd.'s auditor's report for FY26?
The auditor noted Bloom Industries Ltd. has not filed GST returns since May 2025, had its GST registration cancelled on December 6, 2025, and has not deposited TDS or filed TDS returns for the entire FY26.
What was Bloom Industries Ltd.'s Profit/(Loss) before tax for the year ended March 31, 2026?
Bloom Industries Ltd. reported a Profit before tax of Rs. 3.04 Lakhs for the year ended March 31, 2026, compared to a Loss before tax of Rs. (5.24) Lakhs in the prior year.
Questions based on this BSE filing only. For information purposes.