Garlon Polyfab Industries Ltd
Please find attached herewith quarterly financial results for quarter ending 31st March 2023
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 06 Jun 2026, 02:05 PM IST · BSE ID: 82821e7b-ee08-4287-b9d4-7869669d66c4
View Original BSE Filing (PDF)
💡
In Simple Terms
The company recorded no sales and a (0.98) Lacs loss in the last quarter, bringing its full-year loss to (2.54) Lacs.
🤖 AI Summary
- Garlon Polyfab Industries Limited reported a net loss of (0.98) Lacs for the quarter ended March 31, 2023.
- Total income from operations for the quarter and year ended March 31, 2023, was nil.
- The company recorded total expenses of 0.98 Lacs in Q4 FY23 and 2.54 Lacs for the full year FY23.
- For the year ended March 31, 2023, the total assets stood at 6.13 Lacs, with Share Capital at 461.32 Lacs.
- Reserves and Surplus showed a negative balance of (658.43) Lacs as of March 31, 2023.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the Quarter ended 31st March, 2023
(0.98) Lacs
Total Income from Operations for the Quarter ended 31st March, 2023
Nil
Net Profit/(Loss) for the Year ended 31st March, 2023
(2.54) Lacs
Total Assets as of 31st March, 2023
6.13 Lacs
Reserves and Surplus as of 31st March, 2023
-658.43 Lacs
Share Capital as of 31st March, 2023
461.32 Lacs
🏢 How This Affects the Company
The absence of income from operations for both the quarter and the full year indicates no active business revenue generation during these periods.
The company's accumulated losses are reflected in the negative Reserves and Surplus of (658.43) Lacs. Current Liabilities of 203.24 Lacs exceed total assets of 6.13 Lacs.
With zero income from operations and minimal expenses focused on employee benefits and other general expenses, the scale of operational activity appears very limited.
The substantial negative Reserves and Surplus, coupled with total liabilities significantly exceeding total assets, highlights considerable financial and going concern risks.
👥 What This Means For Shareholders
✅
Action Required
No action is required based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's continued financial losses and lack of operational income, which impact the intrinsic value of their holdings.
🔍
Management Signal
Management's reporting of nil operational income suggests a continued lack of active revenue-generating business during the reported periods.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly financial results — check for any change in income from operations.
Any announcements regarding new business initiatives or operational restructuring.
Annual General Meeting minutes — review discussions on financial strategy.
HIGH RISK
Zero operational income, recurring losses, and a significant negative Reserves and Surplus indicate severe financial distress.
💡 Investor Takeaway
Garlon Polyfab Industries Ltd reported a net loss of (0.98) Lacs for Q4 FY23 and a full-year net loss of (2.54) Lacs for FY23. Income from operations remained nil for both periods. The company's total assets stood at 6.13 Lacs, against a negative Reserves and Surplus of (658.43) Lacs.
⚖️ Strengths & Concerns
⚠️ Concerns
- Garlon Polyfab reported nil income from operations for the quarter and year ended March 31, 2023, indicating no revenue generation.
- The company recorded a substantial negative Reserves and Surplus of (658.43) Lacs as of March 31, 2023, reflecting accumulated losses.
📅 Company Track Record
Previous filings for Garlon Polyfab Industries also reported zero income and net losses, including a (0.49) Lacs net loss in Q2 FY23, (0.64) Lacs net loss in Q3 FY21, (0.42) Lacs net loss in Q4 FY21, and (63,68,310.00) Rupees net loss in Q2 FY20. This filing shows a continuation of this trend.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garlon Polyfab Industries Ltd's net profit/loss for the quarter ended March 31, 2023?
Garlon Polyfab Industries Ltd reported a net loss of (0.98) Lacs for the quarter ended March 31, 2023.
Did Garlon Polyfab Industries Ltd generate any income from operations in Q4 FY23?
No, Garlon Polyfab Industries Ltd reported nil income from operations for the quarter ended March 31, 2023.
What was the total net profit/loss for Garlon Polyfab Industries Ltd for the full year ended March 31, 2023?
For the full year ended March 31, 2023, Garlon Polyfab Industries Ltd reported a net loss of (2.54) Lacs.
What was Garlon Polyfab Industries Ltd's Reserves and Surplus as of March 31, 2023?
As of March 31, 2023, Garlon Polyfab Industries Ltd reported a negative Reserves and Surplus of (658.43) Lacs.
Questions based on this BSE filing only. For information purposes.