Dhatre Udyog Q2 FY27 Results: Net Loss Rs. 340.62 Lakhs, Manufacturing Suspended
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 12 Nov 2026, 02:57 PM IST · BSE ID: ed451b33-fd3b-4119-a7f0-54afb7f84b9d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a net loss of Rs. 340.62 Lakhs, has stopped manufacturing, and is exploring real estate projects.
🤖 AI Summary
- Board approved unaudited financial results for Q2 FY27 and half year ended September 30, 2026.
- Company reported a net loss before tax of Rs. 340.62 Lakhs for the half year ended September 30, 2026.
- Manufacturing operations ceased, plant and machinery disposed of as scrap, factory land sold separately.
- Company is evaluating opportunities for real estate development on its Jamshedpur land.
- Statutory Auditors issued a modified opinion with a qualified conclusion on the financial results.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit / (Loss) before Taxes (Half Year ended 30.09.2026)
(340.62) Rs. In Lakhs
Not comparable — limited prior period data.
Cash and cash equivalents (As at 30th September 2026)
5.46 Rs. In Lakhs
Not comparable — limited prior period data.
Total Assets (As at 30th September 2026)
510345 Rs. In Lakhs
Not comparable — limited prior period data.
Equity Share Capital (As at 30th September 2026)
1,089.55 Rs. In Lakhs
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company has suspended its business activities and ceased manufacturing operations, disposing of plant and machinery. It is now evaluating real estate development opportunities, marking a significant shift in its business model.
The company reported a net loss before tax of Rs. 340.62 Lakhs for the half year ended September 30, 2026. Cash and cash equivalents decreased from Rs. 190.01 Lakhs to Rs. 5.46 Lakhs during the half-year period.
All manufacturing operations at Vizianagaram have been shut down, with plant and machinery disposed of. The future operational focus is on potential real estate development, a complete change from its previous activities.
The auditors' qualified conclusion on trade receivables and payables due to lack of confirmations introduces financial reporting uncertainty. The suspension of core business and transition to an unproven real estate venture presents operational and strategic risks.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of Rs. 340.62 Lakhs and the cessation of manufacturing operations, signaling a significant strategic change. The auditor's qualified conclusion on financial balances also impacts all shareholders.
🔍
Management Signal
The management's decision to cease manufacturing and evaluate real estate development signals a complete strategic pivot away from its historical business activities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor progress on real estate development plans
Updates on real estate development — look for specific project announcements
Auditor's report on next financial period — check for resolution of qualified conclusion
HIGH RISK
Cessation of primary business, significant losses, auditors' qualified conclusion, and unproven new business direction.
💡 Investor Takeaway
Dhatre Udyog reported a net loss before taxes of Rs. 340.62 Lakhs for the half year ended September 30, 2026. The company has ceased manufacturing and is now exploring real estate development, a significant business model shift. Auditors provided a qualified conclusion on the results.
⚖️ Strengths & Concerns
⚠️ Concerns
- Net Loss before Taxes for the half year ended September 30, 2026, was Rs. 340.62 Lakhs, indicating operational losses.
- Cash and cash equivalents decreased significantly to Rs. 5.46 Lakhs as of September 30, 2026, from Rs. 190.01 Lakhs on March 31, 2026.
❓ Frequently Asked Questions
What were Dhatre Udyog's financial results for Q2 FY27?
Dhatre Udyog reported a net loss before taxes of Rs. 340.62 Lakhs for the half year ended September 30, 2026. The unaudited financial results for the quarter ended September 30, 2026, were also approved.
What is the current business status of Dhatre Udyog?
Dhatre Udyog has suspended its manufacturing operations due to obsolescence of machinery and increased production costs. The company is now evaluating opportunities to undertake real estate development on its land in Jamshedpur.
What was the auditor's opinion on Dhatre Udyog's financial results?
The Statutory Auditors, M/s. P. D. Rungta & Co., issued a modified opinion with a qualified conclusion because balances under Trade receivables, Advances at Debit/Credit, and Trade Payables are subject to confirmations and adjustments.
How have Dhatre Udyog's cash reserves changed?
Cash and cash equivalents for Dhatre Udyog decreased from Rs. 190.01 Lakhs as of March 31, 2026, to Rs. 5.46 Lakhs as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.