Modella Woollens FY26 Results: Loss of Rs. 19.94 Lakh on Revenue Void
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 29 Apr 2026, 04:27 PM IST · BSE ID: d5e2c096-3dba-480c-831f-8c0746ef7752
View Original BSE Filing (PDF)
💡
In Simple Terms
Modella Woollens reported a loss of Rs. 19.94 Lakh for the financial year ending March 2026 with almost no business revenue.
🤖 AI Summary
- FY26 audited loss before tax: Rs. 19.94 Lakh with near-zero operations revenue
- Other income Rs. 6.88 Lakh; total expenses Rs. 26.82 Lakh; negative EPS Rs. (2.18)
- Balance sheet shows negative equity of Rs. 53.28 Lakh as on March 31, 2026
- Total assets Rs. 4.96 Lakh; current liabilities Rs. 57.85 Lakh exceed current assets
- Board approved results April 29, 2026; statutory auditors conducted limited review
🔢 Key Numbers — exact figures from BSE filing, not rounded
Loss before tax (FY26)
Rs. 19.94 Lakh
Other income (FY26)
Rs. 6.88 Lakh
Total expenses (FY26)
Rs. 26.82 Lakh
Total assets (March 31, 2026)
Rs. 4.96 Lakh
Negative equity (March 31, 2026)
Rs. (53.28) Lakh
Current liabilities
Rs. 57.85 Lakh
Current assets
Rs. 2.11 Lakh
EPS (basic and diluted)
Rs. (2.18) per share
🏢 How This Affects the Company
Revenue from operations is negligible. Company demonstrates no active manufacturing or trading operations. Business model appears dormant or substantially contracted.
Negative equity of Rs. 53.28 Lakh indicates liabilities exceed assets. Loss before tax of Rs. 19.94 Lakh eroded shareholder value. Current liabilities of Rs. 57.85 Lakh exceed current assets of Rs. 2.11 Lakh, creating working capital deficit of Rs. 55.74 Lakh.
Employee benefit expenses of Rs. 6.96 Lakh suggest minimal workforce. Depreciation minimal at Rs. 0.04 Lakh, indicating little active fixed asset base. No inventory, trade receivables, or borrowings reported.
Going concern risk evident from negative equity and operational losses. Working capital deficit creates solvency stress. Company operations appear substantially stalled with no revenue generation mechanism visible.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must monitor going concern disclosures in future filings and assess implications of negative equity on shareholding value.
👤
Who Is Affected
All equity shareholders holding Modella Woollens shares (face value Rs. 10 each, total 91.00 Lakh shares outstanding) see equity eroded by accumulated losses of Rs. 144.28 Lakh.
🔍
Management Signal
Continued operational losses and absent revenue signal management has not restored business activity or positioned company for recovery within reporting periods.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Going concern disclosures in next quarterly results; monitor auditor qualifications or disclaimers
Management action plan filing; track any restructuring, asset sale, or capital injection announcements
Compliance status with debt covenants and lender agreements; watch for default notices or forbearance
HIGH RISK
Negative equity of Rs. 53.28 Lakh, working capital deficit of Rs. 55.74 Lakh, and sustained operational losses create acute solvency risk.
💡 Investor Takeaway
Modella Woollens reported FY26 loss before tax of Rs. 19.94 Lakh with negligible operations revenue. Negative equity stands at Rs. 53.28 Lakh. Working capital deficit of Rs. 55.74 Lakh created by current liabilities of Rs. 57.85 Lakh against current assets of Rs. 2.11 Lakh. EPS negative at Rs. (2.18).
⚖️ Strengths & Concerns
⚠️ Concerns
- Negative equity of Rs. 53.28 Lakh; liabilities exceed assets by Rs. 57.61 Lakh combined
- Revenue from operations near zero across all quarters; business appears dormant or inactive