Blue Blends (India) Reports Q2 FY27 Loss of Rs. (24.62) Lakhs
RESULTS
▲ Positive Development
HIGH RISK
📅 Filed on BSE: 06 Nov 2026, 07:18 PM IST · BSE ID: 815a8a6b-aa8c-4f6b-b11d-3fb8aed0b2a6
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its latest financial results, showing a smaller loss, after wiping out old shares and issuing new ones to new owners post-insolvency.
🤖 AI Summary
- Blue Blends (India) Ltd reported a standalone net loss of Rs. (24.62) Lakhs for Q2 FY27.
- Revenue from operations for the quarter ended 30 September 2026 was Rs. 5,422.16 Lakhs.
- Company’s equity share capital reduced to Rs. 527.04 Lakhs as of 30 September 2026.
- Existing shares were cancelled and 50,00,000 new equity shares allotted to new promoters.
- 2,70,446 fresh equity shares allotted to existing public shareholders on a 4-for-150 basis.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue From Operations (Q2 FY27)
5,422.16 Lakhs
Total Income (Q2 FY27)
5,422.99 Lakhs
Profit/(Loss) for the period (Q2 FY27)
(24.62) Lakhs
Equity Share Capital (30 Sep 2026)
527.04 Lakhs
Total Equity (30 Sep 2026)
503.39 Lakhs
Total Borrowings (30 Sep 2026)
1,694.78 Lakhs
🏢 How This Affects the Company
The financial results indicate ongoing operational activity with revenue from operations at Rs. 5,422.16 Lakhs for Q2 FY27, primarily from manufacturing.
The company's balance sheet reflects a significant capital restructuring, with equity share capital at Rs. 527.04 Lakhs and Other Equity at Rs. (23.66) Lakhs as of 30 September 2026. Non-current liabilities, specifically Deferred Tax Liabilities (Net), emerged at Rs. 8.86 Lakhs.
The company continues its manufacturing and distribution segments, with segment revenue of Rs. 5,311.29 Lakhs from manufacturing and Rs. 110.87 Lakhs from trading & distribution.
The cancellation of existing shares and allotment of new shares under the NCLT-approved resolution plan signifies a fundamental change in ownership and capital structure, resolving past insolvency-related risks. However, the pending re-listing of shares presents a liquidity risk for shareholders.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders as the capital restructuring has been completed as per the NCLT-approved resolution plan.
👤
Who Is Affected
All prior shareholders had their equity shares cancelled without payment. New equity shareholders (Neolite Polymer Industries Private Limited, Amit Mahendrabhai Shah) received 50,00,000 fresh shares. Existing public shareholders were allotted 2,70,446 fresh equity shares (4 shares for every 150 old shares held).
🔍
Management Signal
Management is implementing the NCLT-approved resolution plan, evidenced by the capital restructuring and financial reporting post-insolvency, indicating a focus on formalizing the new capital structure and resuming operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
BSE/NSE re-listing announcement to confirm trading resumption for new shares.
Subsequent quarterly results to assess sustained profitability and revenue trends.
Updates on operational capacity or new business initiatives post-restructuring.
HIGH RISK
The company has undergone significant capital reduction and re-allotment. Share re-listing is pending, affecting liquidity and market visibility.
💡 Investor Takeaway
Blue Blends (India) reported a standalone net loss of Rs. (24.62) Lakhs for Q2 FY27. Revenue from operations was Rs. 5,422.16 Lakhs. The company completed a capital reduction as per NCLT plan, cancelling all prior shares and allotting 50,00,000 new shares to new promoters and 2,70,446 to public shareholders.
⚖️ Strengths & Concerns
✅ Positives
- Reported a reduced standalone net loss of Rs. (24.62) Lakhs in Q2 FY27, compared to prior periods such as (120.45) Lakhs in the corresponding half year.
- Revenue from operations of Rs. 5,422.16 Lakhs for Q2 FY27 indicates continued business activity post-insolvency resolution.
⚠️ Concerns
- Company continues to report a net loss of Rs. (24.62) Lakhs for Q2 FY27, indicating ongoing operational profitability challenges.
- High current borrowings of Rs. 1,694.78 Lakhs as of 30 September 2026, compared to Rs. 88.41 Lakhs on 31 March 2026, may signal increased reliance on debt.
📅 Company Track Record
Blue Blends (India) Ltd emerged from court insolvency, having erased debt as per an NCLT-approved resolution plan. Previous filings in April 2026 reported significant losses (Rs. 162.50 Crore) for Q1 and half year ended September 30, 2025, and Q1 ended June 30, 2025. The company was operationally distressed post-insolvency exit, with re-listing pending.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Blue Blends (India) Ltd's net profit/loss for Q2 FY27?
Blue Blends (India) Ltd reported a standalone net loss of Rs. (24.62) Lakhs for the quarter ended 30 September 2026 (Q2 FY27).
What was Blue Blends (India) Ltd's revenue from operations in Q2 FY27?
The revenue from operations for Blue Blends (India) Ltd in Q2 FY27 was Rs. 5,422.16 Lakhs.
How many new shares were allotted to public shareholders of Blue Blends (India) Ltd?
Existing public shareholders of Blue Blends (India) Ltd were allotted 2,70,446 fresh equity shares in the ratio of 4 fully paid-up equity shares for every 150 existing shares held.
Who are the new promoters of Blue Blends (India) Ltd?
Neolite Polymer Industries Private Limited was allotted 49,90,000 fresh equity shares and Amit Mahendrabhai Shah was allotted 10,000 fresh equity shares, classifying them as new promoters.
What was the equity share capital of Blue Blends (India) Ltd as of September 30, 2026?
The equity share capital of Blue Blends (India) Ltd stood at Rs. 527.04 Lakhs as of 30 September 2026.
Questions based on this BSE filing only. For information purposes.