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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.
Patspin India Ltd

Patspin India Q2 FY27 Loss: Rs. 204 Lakhs, Debt Restructuring Ongoing

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 13 Nov 2026, 01:31 PM IST  ·  BSE ID: 45d7ad6a-f5be-493d-9f15-4d8b02b687d7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company recorded a loss of Rs. 204 Lakhs this quarter and is working to reorganize its outstanding loans.
🤖 AI Summary
  • Patspin India reported a standalone net loss of Rs. 204 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
  • Total revenue from operations for Q2 FY27 was Rs. 1,170 Lakhs.
  • Half-year ended September 30, 2026, standalone net loss was Rs. 458 Lakhs.
  • The company continues efforts for debt restructuring with lenders, facing recovery measures under SARFAESI Act.
  • Auditors issued an unmodified review report but highlighted material uncertainty about going concern status.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit / (Loss) after Tax (Q2 FY27)
(204) Lakhs
Not comparable — limited prior period data.
Revenue from operations (Q2 FY27)
1,170 Lakhs
Not comparable — limited prior period data.
Net Profit / (Loss) after Tax (Half Year ended 30.09.2026)
(458) Lakhs
Not comparable — limited prior period data.
Total Current Borrowings (as at 30.09.2026)
6,668 Lakhs
Total Non-Current Borrowings (as at 30.09.2026)
1,458 Lakhs
🏢 How This Affects the Company
📈
Business Impact
The company is engaged in job work/contract manufacturing to cover operational costs due to lack of working capital facilities and pending debt restructuring. Restarting own manufacturing hinges on successful debt restructuring.
💰
Financial Impact
The ongoing net losses of Rs. 204 Lakhs for the quarter and Rs. 458 Lakhs for the half-year, along with outstanding borrowings totaling Rs. 8,126 Lakhs, indicate continued financial strain. Net worth is eroded.
⚙️
Operational Impact
Current operations are limited to job work/contract manufacturing. A return to full-scale own manufacturing of cotton yarn depends on securing working capital and approval of the debt restructuring proposal.
⚠️
Risk Impact
The auditor's mention of material uncertainty regarding the company's ability to continue as a going concern, combined with lenders initiating recovery measures (SARFAESI Act), signals high financial and operational risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net losses and the ongoing financial challenges, including the efforts to restructure significant outstanding debts. Basic and diluted EPS for the quarter is (0.66) Rs.
🔍
Management Signal
Management is actively pursuing debt restructuring and exploring options with bankers to address financial irregularities and facilitate a return to core manufacturing operations.

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

👁 Watch List - track these upcoming events
Update on debt restructuring proposal with lenders — monitor regulatory filings.
Q3 FY27 financial results — check for any improvement in losses and revenue.
Outcome of discussions with bankers regarding SARFAESI Act recovery measures.
HIGH RISK Material uncertainty regarding going concern, eroded net worth, and ongoing debt recovery actions by lenders.
💡 Investor Takeaway
Patspin India reported a net loss of Rs. 204 Lakhs for Q2 FY27 and Rs. 458 Lakhs for the half-year. Total borrowings stand at Rs. 8,126 Lakhs. The company is in discussions with bankers for debt restructuring amid recovery measures.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Net loss of Rs. 204 Lakhs for Q2 FY27 and Rs. 458 Lakhs for the half-year ended September 30, 2026, indicates continued unprofitability.
  • Current borrowings of Rs. 6,668 Lakhs and non-current borrowings of Rs. 1,458 Lakhs total Rs. 8,126 Lakhs as of September 30, 2026, placing significant financial burden on the company.
📅 Company Track Record
Patspin India reported a Q2 FY27 net loss of Rs. 204 Lakhs, following a previously reported net loss. The company continues to deal with ongoing debt restructuring, as indicated in past filings.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Patspin India's net profit/loss for Q2 FY27?
Patspin India reported a standalone net loss of Rs. 204 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was Patspin India's total revenue from operations in Q2 FY27?
Total revenue from operations for Patspin India was Rs. 1,170 Lakhs for the quarter ended September 30, 2026.
What is the status of Patspin India's debt restructuring?
Patspin India is actively pursuing debt restructuring with its bankers. Lenders have initiated recovery measures, including notices under the SARFAESI Act, 2002.
What is Patspin India's total borrowings as of September 30, 2026?
As of September 30, 2026, Patspin India's total borrowings were Rs. 8,126 Lakhs, comprising Rs. 6,668 Lakhs in current borrowings and Rs. 1,458 Lakhs in non-current borrowings.
Did the auditors raise any concerns about Patspin India?
The auditors noted a material uncertainty that may cast significant doubt on Patspin India's ability to continue as a going concern, due to net losses, eroded net worth, and irregular debt servicing.

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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