Eureka Industries Ltd (521137)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Eureka Industries' revenue was ₹24.3 Cr (-37.9% year on year, -28.8% on the previous quarter), and net profit ₹-0.5 Cr (against a profit a year earlier); the operating margin was -7.3%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹24.3 | -37.9% | -28.8% |
| Operating profit | ₹-1.8 | to loss | to loss |
| Net profit | ₹-0.5 | to loss | to loss |
| EPS (₹) | -0.08 | to loss | to loss |
| Operating margin | -7.3% | — | — |
📢 Recent Corporate Announcements
Eureka Industries disclosed that a meeting of its Committee of Creditors (CoC) was held on August 20, 2026. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP). The filing serves as a procedural update under Regulation 30 and does not provide specific outcomes or voting details from the meeting.
- Meeting of the Committee of Creditors (CoC) was conducted on August 20, 2026.
- Company is actively undergoing the Corporate Insolvency Resolution Process (CIRP).
- Announcement filed with the exchange on August 21, 2026 under Regulation 30.
Eureka Industries reported a steep collapse in standalone revenue from operations to ₹4.00 lakh for Q1 FY27 (quarter ended June 30, 2026), down from ₹37.51 crore (₹3,751.06 lakh) in Q1 FY26. The company posted a net loss of ₹21.17 lakh for the quarter compared to a net profit of ₹8.32 lakh in the year-ago period. Crucially, the company disclosed that the NCLT Ahmedabad Bench admitted its petition under Section 54C of the IBC, commencing a Pre-Packaged Insolvency Resolution Process (PPIRP) effective August 14, 2026. Under the proposed resolution plan, Onix Renewable Limited is proposed to be amalgamated into the company along with a name change.
- Q1 FY27 revenue from operations collapsed to ₹4.00 lakh from ₹3,751.06 lakh in Q1 FY26 and ₹2,429.88 lakh in Q4 FY26
- Net loss stood at ₹21.17 lakh versus a net profit of ₹8.32 lakh in Q1 FY26
- Pre-Packaged Insolvency Resolution Process (PPIRP) admitted by NCLT order dated August 14, 2026 under Section 54C of IBC
- Base Resolution Plan involves amalgamation of Onix Renewable Limited with the company and renaming to Onix Renewable Limited, subject to approvals
Eureka Industries reported a sharp collapse in standalone revenue from operations to Rs 4.00 lakh (Rs 0.04 crore) for Q1 ended June 30, 2026, compared to Rs 3,751.06 lakh in Q1 FY26. Standalone net loss stood at Rs 21.17 lakh, down from a net profit of Rs 8.32 lakh in the corresponding prior-year quarter. Crucially, the NCLT Ahmedabad Bench admitted the company under the Pre-Packaged Insolvency Resolution Process (PPIRP) on August 14, 2026. The proposed Base Resolution Plan includes a scheme of amalgamation of Onix Renewable Limited into the company along with a corporate name change.
- Revenue from operations plunged to Rs 4.00 lakh in Q1 from Rs 3,751.06 lakh in Q1 FY26
- Net loss for the quarter stood at Rs 21.17 lakh versus a profit of Rs 8.32 lakh in Q1 FY26
- NCLT Ahmedabad Bench admitted company under PPIRP via order dated August 14, 2026
- Base Resolution Plan proposes amalgamation of Onix Renewable Limited into the company and name change
- Basic and diluted EPS for the quarter fell to Rs (0.24) from Rs 0.10 in the year-ago period
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has admitted Eureka Industries' petition under Section 54C of the IBC, commencing the Pre-Packaged Insolvency Resolution Process (PPIRP) effective August 14, 2026. Mr. Bimal Ashok Desai has been appointed as the Resolution Professional, and the list of creditor claims is scheduled to be released from August 17, 2026. Under Section 54H of the IBC, the management of the company continues to remain vested with the existing Board of Directors. This restructuring follows ongoing financial stress, with the company reporting a negative net worth of Rs -1 Cr and TTM revenue of Rs 125 Cr.
- NCLT Ahmedabad Bench admitted petition CP (IB&PP) No. 01/54C (AHM) 2026 on August 14, 2026.
- Commencement of Pre-Packaged Insolvency Resolution Process (PPIRP) under Section 54C of IBC.
- Bimal Ashok Desai appointed as Resolution Professional (Reg No. IBBI/IPA-001/IP-P00748/2017-2018/11281).
- Management of company affairs remains with the existing Board under Section 54H.
- List of creditor claims to be made available starting August 17, 2026.
Eureka Industries Ltd has postponed its Board of Directors meeting originally scheduled for August 14, 2026, citing unavoidable circumstances. The meeting has been rescheduled to Tuesday, August 18, 2026, to consider and approve the un-audited standalone financial results for the quarter ended June 30, 2026. The trading window for dealing in company securities will remain closed and will reopen 48 hours after the declaration of the results.
- Board meeting rescheduled from August 14, 2026, to August 18, 2026
- Agenda includes approval of un-audited standalone financial results for the quarter ended June 30, 2026
- Trading window to open 48 hours post declaration of financial results
Eureka Industries Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company is coming off a volatile FY26 where it generated Rs 125 Cr in revenue but achieved only a marginal net profit (EPS of Rs 0.03). Investors will be monitoring if the company can recover from the Rs 0.49 Cr net loss reported in the most recent March 2026 quarter. The trading window for insiders remains closed until 48 hours after the results are announced.
- Board meeting scheduled for August 14, 2026, to approve Q1 results.
- Results cover the three-month period ended June 30, 2026.
- Company reported a net loss of Rs 0.49 Cr in the preceding quarter (March 2026).
- TTM revenue stands at Rs 125 Cr against a small market capitalization of Rs 37 Cr.
- Trading window closure was previously notified on June 22, 2026.
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