Garlon Polyfab Industries Ltd
Please find attached herewith financial results for quarter ended March 2023
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 09 Jun 2026, 12:11 PM IST · BSE ID: 8cf96265-31e7-493f-b948-df1a357be308
View Original BSE Filing (PDF)
💡
In Simple Terms
Garlon Polyfab recorded a net loss of (0.99) Lacs for the January-March 2023 quarter, with total assets at 6.13 Lacs.
🤖 AI Summary
- Garlon Polyfab Industries Limited reported a Net Loss of (0.99) Lacs for the quarter ended March 31, 2023.
- Total Assets were 6.13 Lacs as of March 31, 2023, compared to 6.06 Lacs on March 31, 2022.
- Shareholders Fund had a negative balance of -197.11 Lacs as of March 31, 2023.
- The Board of Directors approved the unaudited financial results on May 29, 2023.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the period
(0.99) Lacs
Total Assets as on March 31, 2023
6.13 Lacs
Share Capital as on March 31, 2023
461.32 Lacs
Reserves and Surplus as on March 31, 2023
-658.43 Lacs
Shareholders Fund as on March 31, 2023
-197.11 Lacs
Short term borrowings as on March 31, 2023
193.36 Lacs
🏢 How This Affects the Company
The company reported a Net Loss of (0.99) Lacs for the quarter ended March 31, 2023, contributing to a negative Shareholders Fund of -197.11 Lacs. Total current liabilities stood at 206.32 Lacs.
The negative Shareholders Fund of -197.11 Lacs indicates a substantial financial risk for the company. High current liabilities of 206.32 Lacs against total assets of 6.13 Lacs further highlight the financial strain.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's reported Net Loss of (0.99) Lacs and negative Shareholders Fund of -197.11 Lacs, reflecting ongoing financial underperformance.
🔍
Management Signal
The financial results indicate management's reporting of continued losses and a negative net worth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY24 financial results — check for improvements in net loss and total income.
Any updates on strategies to address negative Shareholders Fund.
Future balance sheet filings — monitor changes in assets and liabilities.
HIGH RISK
The company reported a Net Loss and significant negative Shareholders Fund, indicating financial distress.
💡 Investor Takeaway
Garlon Polyfab Industries reported a Net Loss of (0.99) Lacs for Q4 FY23, with total assets at 6.13 Lacs. The Shareholders Fund stood at a negative -197.11 Lacs as of March 31, 2023, against total liabilities of 206.32 Lacs.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company reported a Net Loss of (0.99) Lacs for the quarter ended March 31, 2023.
- Shareholders Fund stood at a negative -197.11 Lacs as of March 31, 2023, indicating significant accumulated losses.
📅 Company Track Record
Garlon Polyfab has a history of reporting net losses, including (2.41) Lacs in Q4 FY20 and (0.70) Lacs in Q4 FY2019, often with zero operational revenue. A recent filing from June 9, 2026, also reported -201.51 Lacs negative net worth in Q4 FY2024 results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garlon Polyfab Industries' net profit/loss for the quarter ended March 31, 2023?
Garlon Polyfab Industries Limited reported a Net Loss of (0.99) Lacs for the quarter ended March 31, 2023.
What was Garlon Polyfab Industries' total assets as of March 31, 2023?
Total Assets for Garlon Polyfab Industries Limited stood at 6.13 Lacs as of March 31, 2023.
What was the Shareholders Fund balance for Garlon Polyfab Industries as of March 31, 2023?
The Shareholders Fund of Garlon Polyfab Industries Limited showed a negative balance of -197.11 Lacs as of March 31, 2023.
What were the short-term borrowings for Garlon Polyfab Industries as of March 31, 2023?
Short term borrowings for Garlon Polyfab Industries Limited were 193.36 Lacs as of March 31, 2023.
Questions based on this BSE filing only. For information purposes.