Venlon Enterprises Ltd (524038)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Venlon Enterprises' revenue was ₹1.1 Cr (-31.9% year on year, -56.0% on the previous quarter), and net profit ₹-0.2 Cr (a smaller loss than a year earlier); the operating margin was -53.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.1 | -31.9% | -56.0% |
| Operating profit | ₹-0.6 | loss widened | loss narrowed |
| Net profit | ₹-0.2 | loss narrowed | loss narrowed |
| EPS (₹) | -0.04 | loss narrowed | loss narrowed |
| Operating margin | -53.5% | — | — |
📢 Recent Corporate Announcements
Venlon Enterprises announced the resignation of Mr. Mysuru Devaraju Dhanush (DIN: 10743800) from the position of Independent Director, effective 19th September 2026. The director cited the upcoming expiry of his Independent Director Databank (IDDB) registration and other professional commitments, confirming no other material reasons. The company has a market capitalization of Rs 23 Cr and reported TTM revenue of Rs 7 Cr alongside net losses of Rs 3 Cr. Investors will look to see if the company timely appoints a replacement to maintain board compliance under SEBI LODR rules.
- Independent Director Mysuru Devaraju Dhanush submitted resignation letter dated 18th September 2026
- Cessation becomes effective on 19th September 2026
- Reason cited is the expiry of IDDB registration this year and other commitments
- Director held zero directorships and zero board committee memberships in other listed entities
Venlon Enterprises has issued its 42nd AGM notice convening on September 18, 2026, seeking shareholder approval to sell or dispose of the whole or substantially the whole of the company's undertaking for approximately ₹90 crore. This proposed asset sale represents ~4.3x its current market cap (₹21 crore) and ~12.8x its TTM revenue (₹7 crore). Additionally, the company is seeking approval for large related-party transactions, including ₹105 crore in debt adjustment/unsecured loan transfer with Krishna Enterprises and ₹15 crore property sale to Father & Son Investment Pvt Ltd.
- Approval sought under Section 180(1)(a) to sell whole/substantially whole undertaking for ~INR 90 Crores
- Approval for related-party transaction with Krishna Enterprises Ltd up to ₹105 Crores for debt adjustment/loans
- Approval for sale of land and building to Father & Son Investment Pvt Ltd for up to ₹15 Crores
- 42nd Annual General Meeting scheduled for Friday, September 18, 2026 at 4:00 PM in Mysuru
Venlon Enterprises reported a net loss of Rs 0.19 crore (Rs 18.66 lakhs) for the quarter ended June 30, 2026, narrowing from a net loss of Rs 0.98 crore in Q1 FY26. Revenue from operations declined 32.0% YoY to Rs 1.10 crore (Rs 109.66 lakhs) compared to Rs 1.61 crore in the corresponding prior-year quarter. Results were prepared on an 'Other than Going Concern' basis due to the complete cessation of manufacturing activities in December 2025 and lease terminations in January 2026. Management has initiated an orderly asset disposal plan, estimating land realization will take 2 to 3 years.
- Revenue from operations fell 32.0% YoY to Rs 1.10 crore (Rs 109.66 lakhs) vs Rs 1.61 crore in Q1 FY26.
- Net loss narrowed to Rs 0.19 crore (Rs 18.66 lakhs) vs a loss of Rs 0.98 crore in Q1 FY26 and Rs 1.23 crore in Q4 FY26.
- Financial results prepared on an 'Other than Going Concern' basis following cessation of manufacturing from December 31, 2025.
- Orderly disposal of remaining assets initiated; land monetization estimated to take 2-3 years while other assets are classified for near-term sale.
Venlon Enterprises reported a net loss of Rs 55.66 Lakhs (Rs 0.56 Cr) for the quarter ended June 30, 2026, compared to a net loss of Rs 89.34 Lakhs in the prior-year period. Revenue from operations stood at Rs 100.66 Lakhs, down from Rs 161.30 Lakhs in Q1 FY26, largely reflecting inventory realization. Crucially, the financial results continue to be prepared on an 'Other than Going Concern' basis following the permanent cessation of manufacturing and rental operations in December 2025/January 2026. Management has initiated an orderly liquidation plan, estimating that the sale of its land parcels will take 2 to 3 years.
- Revenue from operations was Rs 100.66 Lakhs in Q1 FY27 versus Rs 161.30 Lakhs in Q1 FY26.
- Net loss for the quarter stood at Rs 55.66 Lakhs compared to a net loss of Rs 89.34 Lakhs in Q1 FY26.
- Financial statements prepared on an 'Other than Going Concern' basis due to complete shutdown of operations.
- Management initiated asset liquidation; land realization is estimated to take 2 to 3 years.
- Shareholder ECB loan of USD 13.85 million remains classified under Other Equity with moratorium extended to April 2030.
Venlon Enterprises has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is currently in a weak financial position with a TTM revenue of Rs 8 Cr and a net loss of Rs 3 Cr. With a high debt-to-equity ratio of 5.87 and negative operating margins of -17.5%, the upcoming results are critical for assessing the company's liquidity. The stock has underperformed significantly, dropping 28% in the last six months.
- Board meeting scheduled for August 14, 2026, at 4:00 p.m.
- Review of unaudited financial results for the quarter ended June 30, 2026.
- Company reported a net loss of Rs 1.23 Cr in the most recent quarter (March 2026).
- Debt stands at Rs 22 Cr against a small net worth of Rs 4 Cr.
- TTM revenue of Rs 8 Cr is significantly lower than the total debt of Rs 22 Cr.
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
