Ventura Textiles Ltd (516098)

Ventura Textiles has secured shareholder approval at its AGM held on September 30, 2026, to change its name to 'Superbev Limited' and alter its Memorandum of Association to enter the beverages sector. The company disclosed that it has generated zero revenue from textiles since FY2023-24 and currently holds no operating assets other than cash and bank balances. It is now seeking in-principle approval from the stock exchange to formalize the business pivot, with FY26 revenue at Rs 0 Cr and net worth at -Rs 10 Cr.

• Shareholders approved name change to 'SUPERBEV LIMITED' at the AGM on 30th September 2026
• Company reported zero revenue from its legacy textile operations since FY2023-24
• Application submitted to BSE with processing fees of Rs.54,000 paid on 09.10.2026
• Name availability approval granted by ROC CRC Manesar on 13/08/2026 valid for 60 days

Ventura Textiles Ltd has scheduled a meeting of its Board of Directors on September 3, 2026. The board will consider exploring new business opportunities, amending the Object Clause of the company, and approving a preferential issue of shares or other securities. The micro-cap company currently has near-zero revenue and a negative net worth of Rs -10 Cr, making a strategic shift and fundraise critical for its operational turnaround.

• Board meeting scheduled on September 3, 2026
• Agenda includes exploring new business possibilities and amending the Object Clause
• Proposal to issue equity shares and/or other securities on a preferential basis
• Company trades at a market cap of Rs 16 Cr with a net worth of Rs -10 Cr

Ventura Textiles reported a net profit of Rs 6.73 Lakhs for the quarter ended June 30, 2026, a turnaround from a loss of Rs 7.82 Lakhs in the previous quarter, primarily driven by an exceptional income of Rs 10.35 Lakhs. Revenue from operations remains extremely low at Rs 4.89 Lakhs, although this is an improvement over the Rs 2.15 Lakhs recorded in the preceding quarter. Crucially, the company has commenced brewery-related business activities, marking a strategic pivot from its traditional textile operations. Despite the quarterly profit, the company's financial position remains stressed with 'Other Equity' standing at negative Rs 29.23 Cr.

• Revenue from operations increased to Rs 4.89 Lakhs from Rs 2.15 Lakhs in the previous quarter.
• Reported a Net Profit of Rs 6.73 Lakhs, heavily supported by an exceptional income of Rs 10.35 Lakhs.
• Commenced brewery-related business activities following shareholder approval in September 2025.
• Total expenses for the quarter stood at Rs 13.10 Lakhs, exceeding operational revenue.
• Other Equity remains deeply negative at Rs -2,922.62 Lakhs (approx. Rs -29.23 Cr).

Ventura Textiles reported a net profit of Rs 6.73 Lakhs for Q1 FY27, a turnaround from a loss of Rs 7.82 Lakhs in Q1 FY26. Revenue from operations increased 127% YoY to Rs 4.89 Lakhs, though it remains negligible relative to the company's debt of Rs 8 Cr. The profit was primarily driven by exceptional income, as the company recorded an operating loss of Rs 10.35 Lakhs. Crucially, the company has officially commenced brewery-related activities following a change in its business objects approved in late 2025.

• Net Profit of Rs 6.73 Lakhs in Q1 FY27 compared to a loss of Rs 7.82 Lakhs in Q1 FY26
• Revenue from operations grew 127% YoY to Rs 4.89 Lakhs from Rs 2.15 Lakhs
• Operating loss stood at Rs 10.35 Lakhs as total expenses reached Rs 15.20 Lakhs
• Official commencement of brewery-related business activities during the June 2026 quarter
• Company continues to operate with a negative net worth of approximately Rs -10 Cr