Foundry Fuel Products Ltd
Result for the quarter ended 31.03.2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 May 2026, 03:58 PM IST · BSE ID: cecea2e6-69ae-49c8-9d6d-af4da4187f40
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its financial results, showing a loss for the quarter and year, with auditors noting a going concern issue.
🤖 AI Summary
- Foundry Fuel Products Ltd. approved standalone audited financial results for Q4 and year ended March 31, 2026.
- The company reported a net loss of (Rs. 12.25) million for the quarter ended March 31, 2026.
- Full year net loss for FY26 stood at (Rs. 25.76) million, compared to (Rs. 24.69) million in FY25.
- Auditors identified a material uncertainty related to going concern due to no business operations and negative net worth.
- The holding company has provided a commitment to infuse funds for working capital and other shortfalls.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit (Loss) for the period/year from continuing operations (Q4 FY26)
(Rs. 12.25) million
Not comparable — limited prior period data.
Profit (Loss) for the period/year from continuing operations (Year ended March 31, 2026)
(Rs. 25.76) million
Not comparable — limited prior period data.
Profit (Loss) for the period/year from continuing operations (Year ended March 31, 2025)
(Rs. 24.69) million
🏢 How This Affects the Company
The company currently has no business activities, indicating no revenue-generating operations in the current or previous periods.
The company incurred a net loss of (Rs. 25.76) million for the year ended March 31, 2026, and its net worth has become negative. Current liabilities exceed current assets.
The company's operations remain absent, as stated by the auditors, and it is actively seeking a new suitable business project.
The material uncertainty related to going concern due to lack of operations, negative net worth, and current liabilities exceeding current assets presents a significant financial risk. This risk is partially mitigated by the holding company's commitment to infuse funds.
👥 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 continued net losses, negative net worth, and the auditor's going concern note, which indicates ongoing business challenges. The holding company's commitment offers some stability.
🔍
Management Signal
Management is signaling a commitment to continue operations by seeking new business projects and securing fund infusion from the holding company.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly results — observe any changes in business operations or revenue.
Board meetings — look for announcements regarding new business projects.
Financial statements — verify any fund infusion details from the holding company.
HIGH RISK
The company has no business operations, negative net worth, and ongoing losses, with a formal going concern warning from auditors.
💡 Investor Takeaway
Foundry Fuel Products Ltd. reported a net loss of (Rs. 12.25) million for Q4 FY26 and a full-year loss of (Rs. 25.76) million. Auditors noted a material uncertainty regarding the company's going concern status due to absence of business operations and negative net worth. The holding company committed to infusing funds as required.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company reported a net loss of (Rs. 12.25) million for Q4 FY26 and (Rs. 25.76) million for FY26, consistent with no business operations.
- Auditors highlighted a material uncertainty regarding going concern due to no business operations, negative net worth, and current liabilities exceeding current assets.
📅 Company Track Record
Foundry Fuel Products Ltd. has consistently reported no business activities and incurred losses in previous quarters and years. Auditors have noted material uncertainty related to going concern since at least Q4 FY15, which continues through the current report for FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Foundry Fuel Products Ltd.'s net profit/loss for the quarter ended March 31, 2026?
Foundry Fuel Products Ltd. reported a net loss of (Rs. 12.25) million for the quarter ended March 31, 2026.
What was Foundry Fuel Products Ltd.'s net profit/loss for the full year ended March 31, 2026?
The company's net loss for the full year ended March 31, 2026, was (Rs. 25.76) million.
What is the auditor's opinion on Foundry Fuel Products Ltd.'s financial results?
The statutory auditors have expressed an unqualified audit opinion on the financial results for the year ended March 31, 2026, but have included a Material Uncertainty Related to Going Concern note.
Does Foundry Fuel Products Ltd. have current business operations?
No, the company has no business activities in the current quarter, previous quarters, current year, or previous years, and is looking for a new suitable business project.
What is the status of Foundry Fuel Products Ltd.'s net worth?
The company's net worth has become negative, and its current liabilities are more than its current assets as of March 31, 2026.
Questions based on this BSE filing only. For information purposes.