Panyam Cements & Mineral Industries Ltd
Financial results for the quarter ended 30.09.2025
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Mar 2026, 02:59 PM IST · BSE ID: 2cae3f3f-961e-4c21-a5c8-41cad6d9becc
View Original BSE Filing (PDF)
🤖 AI Summary
- Panyam Cements reported Q2 FY26 (ended 30 September 2025) unaudited financial results with a net loss of Rs. 1,664.24 million, compared to Rs. 1,888.88 million loss in Q2 FY25. Revenue from operations fell to Rs. 2,358.48 million from Rs. 3,038.00 million year-over-year. The company reported accumulated losses of Rs. 24,487.51 million against equity share capital of Rs. 802.14 million, resulting in negative other equity. Total borrowings stand at Rs. 38,446.91 million. No tax expense was recognised due to accumulated losses.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Loss for Q2 FY26
Rs. 1,664.24 million
Revenue from Operations Q2 FY26
Rs. 2,358.48 million
Other Equity (Accumulated Losses)
Rs. (24,487.51) million
Total Borrowings
Rs. 38,446.91 million
Equity Share Capital
Rs. 802.14 million
Finance Costs Q2 FY26
Rs. 1,079.09 million
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders on this informational filing, but assess portfolio exposure given technical insolvency status.
👤
Who Is Affected
All shareholders face erosion of equity value. The company's negative other equity of Rs. 24,487.51 million means shareholder capital has been depleted. Creditors hold priority claims on all assets.
🔍
Management Signal
Continued operational losses and inability to service debt indicate management has not achieved operational turnaround. No dividend or capital distribution is feasible given negative equity position.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Board actions on debt restructuring or recapitalisation plan
Regulatory/stock exchange communication on continued listing status
Q3 FY26 operational performance and working capital management
HIGH RISK
Negative equity, accumulated losses Rs. 24,487.51 million, total debt Rs. 38,446.91 million, and consistent quarterly losses create severe insolvency and default risk.
💡 Investor Takeaway
Panyam Cements faces critical financial distress with accumulated losses exceeding Rs. 24,487.51 million, negative equity, and total debt of Rs. 38,446.91 million. Quarterly operations remain unprofitable. This filing signals severe solvency risk requiring immediate restructuring.
⚖️ Strengths & Concerns
⚠️ Concerns
- Negative other equity of Rs. 24,487.51 million indicates erosion of shareholder capital and technical insolvency.
- Total debt of Rs. 38,446.91 million against quarterly operating loss creates severe financial stress and refinance risk.
📅 Company Track Record
Panyam Cements (CIN: L26940AP1955PLC000546) is a long-established cement and mineral company incorporated in 1955, registered in Andhra Pradesh. However, the company has reported cumulative losses exceeding paid-up capital over multiple years, indicating persistent operational and financial challenges. Recent fiscal years show consistent quarterly losses.
Based on publicly available historical data. For context only.