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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Meyer Apparel Ltd

Meyer Apparel Q2 FY27 reports net loss of Rs. 26.00 Lakh, negative net worth

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 12 Nov 2026, 05:45 PM IST  ·  BSE ID: 42615ac3-c44c-45dd-b24d-0eac3ab4e466
View Original BSE Filing (PDF)
💡
In Simple Terms
Meyer Apparel reported a net loss of Rs. 26.00 Lakh for the quarter, with total losses leading to negative company value.
🤖 AI Summary
  • Meyer Apparel reported a net loss of Rs. 26.00 Lakh for the quarter ended September 30, 2026.
  • Half-year net loss for the period ended September 30, 2026, was Rs. 96.45 Lakh.
  • Accumulated losses reached Rs. 6,392.17 Lakh, resulting in negative net worth of Rs. 3,452.50 Lakh.
  • Current liabilities surpassed current assets by Rs. 3,451.83 Lakh as of September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Profit/(Loss) for the period (Q2 FY27)
(26.00) Lakhs
Not comparable — limited prior period data.
Profit/(Loss) for the half-year ended September 30, 2026
(96.45) Lakhs
Not comparable — limited prior period data.
Accumulated Losses as at September 30, 2026
6,392.17 Lakhs
Negative Net Worth as at September 30, 2026
(3,452.50) Lakhs
Current Liabilities exceeding Current Assets as at September 30, 2026
3,451.83 Lakhs
Revenue from operations (Q2 FY27)
0.05 Lakhs
Not comparable — limited prior period data.
🏢 How This Affects the Company
📈
Business Impact
The company's core business involves wholesaling and retailing men's suits and trousers; however, the revenue from operations was minimal at Rs. 0.05 Lakh for Q2 FY27.
💰
Financial Impact
The continued losses have eroded the company's net worth to a negative Rs. 3,452.50 Lakh and increased accumulated losses to Rs. 6,392.17 Lakh.
⚠️
Risk Impact
The substantial accumulated losses and negative net worth indicate a significant financial risk, with current liabilities exceeding current assets by Rs. 3,451.83 Lakh.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the sustained losses and negative net worth of Rs. 3,452.50 Lakh, which indicate a deterioration in the company's financial health.
🔍
Management Signal
Management believes the company can continue as a going concern, based on expected cash flows from operations, improved efficiencies, and exploration of new opportunities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 unaudited financial results — observe net loss and revenue trends.
Updates on new business opportunities or funding avenues mentioned by management.
Balance sheet changes — particularly current assets and liabilities, and net worth.
HIGH RISK High accumulated losses, negative net worth, and current liabilities exceeding assets indicate significant financial risk.
💡 Investor Takeaway
Meyer Apparel reported a net loss of Rs. 26.00 Lakh for Q2 FY27, with accumulated losses totaling Rs. 6,392.17 Lakh as of September 30, 2026. The company's net worth is negative Rs. 3,452.50 Lakh, and current liabilities exceed current assets by Rs. 3,451.83 Lakh.
⚖️ Strengths & Concerns

✅ Positives

  • Other Income for Q2 FY27 was Rs. 0.02 Lakh, contributing to total income despite minimal operational revenue.
  • Management states expectation of generating adequate cash flows from continuing business operations and strategic initiatives.

⚠️ Concerns

  • Meyer Apparel incurred a net loss of Rs. 26.00 Lakh in Q2 FY27 and accumulated losses of Rs. 6,392.17 Lakh as of September 30, 2026.
  • The company's net worth is negative Rs. 3,452.50 Lakh, and current liabilities exceed current assets by Rs. 3,451.83 Lakh.
📅 Company Track Record
Meyer Apparel has previously reported consistent financial challenges, with Q2 FY27 net loss of Rs. 26.00 Lakh following a Q2 FY27 net loss of Rs. 26.00 Lakh and negative net worth of Rs. 3,452.50 Lakh as per the Outcome of Board meeting on November 12, 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Meyer Apparel's net loss for Q2 FY27?
Meyer Apparel reported a net loss of Rs. 26.00 Lakh for the quarter ended September 30, 2026 (Q2 FY27).
What is Meyer Apparel's accumulated loss as of September 30, 2026?
As of September 30, 2026, Meyer Apparel's accumulated losses stood at Rs. 6,392.17 Lakh.
What is Meyer Apparel's net worth position in Q2 FY27?
Meyer Apparel's net worth was negative Rs. 3,452.50 Lakh as of September 30, 2026, due to accumulated losses.
Did Meyer Apparel's current liabilities exceed current assets in Q2 FY27?
Yes, as of September 30, 2026, Meyer Apparel's current liabilities exceeded its current assets by Rs. 3,451.83 Lakh.
What was Meyer Apparel's revenue from operations for Q2 FY27?
Meyer Apparel's revenue from operations for the quarter ended September 30, 2026, was Rs. 0.05 Lakh.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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