Shree Rajasthan Syntex Ltd-$
Audited Standalone Financial Results of the Company for the quarter and year ended on 31st March, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 May 2026, 09:54 PM IST · BSE ID: 9f4ce6e4-5470-4782-9288-4d1faa2e0ec8
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a significant loss for the year and plans to sell most of its assets, pending shareholder approval.
🤖 AI Summary
- Board approved audited standalone financial results for the quarter and year ended March 31, 2026.
- Company incurred a net loss of INR 839.31 Lakhs for the year ended March 31, 2026.
- Board approved a proposal to sell or dispose of substantially all company assets in Dungarpur, Rajasthan.
- The asset disposal plan requires approval from shareholders under Section 180(1)(a) of the Companies Act, 2013.
- Current liabilities exceeded current assets by INR 307.31 Lakhs as of March 31, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Loss for the year ended March 31, 2026
INR 839.31 Lakhs
Excess of Current Liabilities over Current Assets as of March 31, 2026
INR 307.31 Lakhs
🏢 How This Affects the Company
The approval to sell or dispose of substantially all assets at Dungarpur, Rajasthan, indicates a potential restructuring or exit from current operational activities. The company currently reports Nil (Non-Operative) turnover or revenue contributed by such units.
A net loss of INR 839.31 Lakhs for the year ended March 31, 2026, and current liabilities exceeding current assets by INR 307.31 Lakhs reflect financial challenges. The asset disposal could alter the company's asset base and potentially address the liability imbalance if successful.
The proposed disposal of machinery, plant, equipment, and factory premises suggests a significant scale-down or cessation of current operational activities in Dungarpur, Rajasthan.
The auditor noted a material uncertainty related to going concern due to the net loss of INR 839.31 Lakhs and current liabilities exceeding current assets by INR 307.31 Lakhs. The proposed asset sale is a management action addressing these financial conditions.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the proposal to sell or dispose of substantially all undertakings and assets of the company.
👤
Who Is Affected
All shareholders are affected as the proposed asset disposal will fundamentally change the company's operational structure and asset base, pending their approval.
🔍
Management Signal
Management is signaling a strategic shift and an intent to address financial liabilities and going concern issues through significant asset divestment.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder meeting date for approval of asset disposal plan.
Details of the proposed asset sale, including buyer and consideration.
Future financial disclosures on the impact of asset disposal.
HIGH RISK
Material uncertainty related to going concern and a plan to dispose of substantially all assets indicates significant operational and financial challenges.
💡 Investor Takeaway
Shree Rajasthan Syntex Ltd. reported a net loss of INR 839.31 Lakhs for FY26 and current liabilities exceeded current assets by INR 307.31 Lakhs. The Board approved a plan to sell substantially all assets, subject to shareholder approval.
⚖️ Strengths & Concerns
⚠️ Concerns
- The company reported a net loss of INR 839.31 Lakhs for the year ended March 31, 2026.
- Current liabilities exceeded current assets by INR 307.31 Lakhs as of March 31, 2026, raising going concern uncertainty.
📅 Company Track Record
No previous filings were found for Shree Rajasthan Syntex Ltd. (BSE: 503837) to provide historical context for financial performance or strategic decisions.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shree Rajasthan Syntex Ltd.'s net profit/loss for the year ended March 31, 2026?
Shree Rajasthan Syntex Ltd. reported a net loss of INR 839.31 Lakhs for the year ended March 31, 2026.
What significant decision did the Board of Directors approve regarding company assets?
The Board approved a proposal to sell, transfer, or dispose of substantially all the company's undertakings, assets, and properties located at Dungarpur, Rajasthan.
Does the asset disposal plan require further approvals?
Yes, the asset disposal plan requires the approval of shareholders pursuant to Section 180(1)(a) of the Companies Act, 2013.
What was the company's working capital position as of March 31, 2026?
As of March 31, 2026, the company's current liabilities exceeded its current assets by INR 307.31 Lakhs.
Is the unit or division proposed for sale currently generating revenue?
The unit or division proposed for sale contributed Nil (Non-Operative) turnover or revenue during the last financial year.
Questions based on this BSE filing only. For information purposes.