Transgene Biotek Ltd (526139)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Transgene Biotek's revenue was ₹0.1 Cr (+20.0% year on year, +20.0% on the previous quarter), and net profit ₹-0.4 Cr (a smaller loss than a year earlier); the operating margin was -97.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | +20.0% | +20.0% |
| Operating profit | ₹-0.1 | loss narrowed | loss narrowed |
| Net profit | ₹-0.4 | loss narrowed | loss narrowed |
| EPS (₹) | -0.05 | loss narrowed | loss narrowed |
| Operating margin | -97.0% | — | — |
📢 Recent Corporate Announcements
Transgene Biotek's Board approved the appointment of M/s. Eswara Rao & Co., Chartered Accountants, as Statutory Auditors on October 10, 2026. This appointment fills a casual vacancy created by the resignation of M/s. Vasavi & Co., Chartered Accountants. The appointment remains subject to approval by shareholders at an upcoming general meeting. Transgene Biotek reported annual revenue of ₹0.20 crore and a net loss of ₹1.65 crore for FY26.
- Appointment of M/s. Eswara Rao & Co. (FRN: 000816S) approved on October 10, 2026
- Casual vacancy caused by the resignation of outgoing auditors M/s. Vasavi & Co.
- Partner Karra Pranavi (Membership No. 232994) to represent the statutory audit firm
- Board meeting commenced at 11:00 AM and concluded at 12:30 PM on October 10, 2026
Transgene Biotek Ltd has submitted an intimation confirming the non-applicability of Regulation 32(1) of SEBI Listing Regulations for the quarter ended September 30, 2026. The company stated that no public issue, rights issue, or preferential issue was conducted during the reporting quarter. Consequently, a Statement of Deviation or Variation is not required. The company noted that it filed via PDF as the XBRL mode does not permit NIL entries.
- Regulation 32(1) Statement of Deviation or Variation is not applicable for the quarter ended September 30, 2026
- No funds were raised via public issue, rights issue, or preferential issue during the quarter ended September 30, 2026
- Company cited an inability to submit via XBRL mode because the system does not allow NIL entries
- Intimation submitted to BSE on October 3, 2026
Transgene Biotek has submitted a regulatory intimation confirming the non-applicability of Regulation 57(5) of SEBI LODR for the quarter ended September 30, 2026. The company stated that it has no non-convertible securities issued, meaning there are no interest, dividend, or principal payment obligations due. Transgene Biotek remains a micro-cap entity (market cap ₹21 Cr) with negative net worth of ₹-9 Cr and negligible TTM revenue. This filing represents purely routine quarterly compliance.
- Filing confirms Regulation 57(5) of SEBI LODR is not applicable for quarter ended September 30, 2026
- Company has zero issued non-convertible securities
- No interest, dividend, or principal repayment obligations due or unpaid during the period
Transgene Biotek has scheduled a Board of Directors meeting on October 10, 2026, to consider appointing M/s. Eswara Rao & Co. as Statutory Auditors. The appointment fills a casual vacancy caused by the resignation of M/s. Vasavi & Co. The company is financially distressed, reporting negative net worth of ₹-9 Cr, debt of ₹17 Cr, and TTM revenue close to ₹0 Cr. The proposed appointment remains subject to Audit Committee recommendation and shareholder approval.
- Board meeting scheduled for Saturday, October 10, 2026, at 11:00 A.M.
- Proposal to appoint M/s. Eswara Rao & Co. (FRN: 000816S) to fill casual auditor vacancy
- Casual vacancy caused by the resignation of former auditors M/s. Vasavi & Co.
- Proposed audit partner confirmed as Ms. Karra Pranavi (Membership No. 232994)
Transgene Biotek announced that its Statutory Auditors, M/s Vasavi & Co., Chartered Accountants (FRN: 020965S), have resigned with immediate effect via letter dated September 22, 2026. The auditor cited pre-occupation with other assignments and inability to devote sufficient time as the sole reason for resignation. The micro-cap company, currently reporting negative net worth of ₹-9 crore and TTM losses of ₹-2 crore, stated it will initiate steps to appoint a successor under the Companies Act, 2013.
- Statutory Auditor M/s Vasavi & Co. resigned with immediate effect via letter dated 22nd September, 2026
- Firm Registration Number (FRN) stated as 020965S
- Auditor stated reason as pre-occupation in other assignments with no other material reasons disclosed
- Company reported negative net worth of ₹-9 Cr and debt of ₹17 Cr in context
Transgene Biotek reported a marginal revenue of ₹6.00 Lakhs for the quarter ended June 30, 2026, compared to ₹4.95 Lakhs in the year-ago period. The company continues to be loss-making, posting a net loss of ₹38.90 Lakhs, though slightly narrowed from ₹43.37 Lakhs YoY. Finance costs of ₹28.95 Lakhs remain the largest expense head, consuming nearly five times the quarterly revenue. The company is also managing multiple legal proceedings across NCLT, SAT, and the Enforcement Directorate.
- Revenue from operations for Q1 FY27 stood at ₹6.00 Lakhs.
- Net loss for the quarter was ₹38.90 Lakhs, compared to a loss of ₹43.37 Lakhs in Q1 FY26.
- Finance costs of ₹28.95 Lakhs accounted for 64.5% of total quarterly expenses.
- Legal order in the Nitin Didwania matter requires payment of ₹92.99 Lakhs plus 6% interest; company has filed an appeal.
- NCLT hearing adjourned to September 23, 2026, and ED hearing to September 10, 2026.
Transgene Biotek reported a marginal revenue of ₹6.00 lakhs for Q1 FY27, compared to ₹4.95 lakhs in the same quarter last year. The company remains loss-making with a net loss of ₹38.90 lakhs, largely due to finance costs of ₹28.95 lakhs which consume nearly five times the quarterly revenue. Multiple legal proceedings involving the NCLT, SAT, and Enforcement Directorate have been adjourned to August and September 2026. Crucially, the company is appealing a court order to pay ₹92.99 lakhs plus 6% interest in a loan-related dispute, a significant amount relative to its ₹8 crore net worth.
- Revenue from operations for Q1 FY27 stood at ₹6.00 lakhs.
- Net loss for the quarter was ₹38.90 lakhs, compared to a loss of ₹43.37 lakhs YoY.
- Finance costs of ₹28.95 lakhs represent approximately 64% of total quarterly expenses.
- Ordered to pay ₹92.99 lakhs plus 6% interest in the Nitin Didwania case; currently under appeal at Bombay High Court.
- NCLT hearing adjourned to September 23, 2026, and SAT hearing to August 17, 2026.
Transgene Biotek has scheduled a board meeting for August 07, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. A key agenda item is the proposal to seek an extension for holding the Annual General Meeting (AGM) for FY 2025-26. The company is currently in a precarious financial position with a TTM revenue of nearly zero and a high Debt-to-Equity ratio of 2.05. Investors should note the appointment of a new internal auditor for FY 2026-27 as part of the meeting's agenda.
- Board meeting scheduled for August 07, 2026, to approve Q1 FY27 results.
- Company seeking an extension for the Annual General Meeting (AGM) for the financial year 2025-26.
- Appointment of internal auditor for the financial year 2026-27 to be considered.
- Trading window closed from July 01, 2026, until 48 hours after results are made public.
- Company reported a net loss of Rs 0.46 Cr in the most recent quarter (March 2026).
Transgene Biotek has filed a compliance report stating that SEBI Regulation 57(4) is not applicable for the quarter ended June 30, 2026. The company confirmed it has no outstanding non-convertible securities for which interest, dividend, or principal payments were due during this period. This is a routine administrative filing for companies without listed debt instruments. Financially, the company remains in a stressed position with a TTM net loss of Rs 2 Cr and a high debt-to-equity ratio of 2.05.
- Regulation 57(4) declared not applicable for the quarter ended 30.06.2026
- Zero non-convertible securities currently require interest or principal payments
- Company maintains a total debt of Rs 17 Cr against a net worth of Rs 8 Cr
- TTM revenue remains negligible at approximately Rs 0.26 Cr for FY25
Transgene Biotek Ltd has submitted a NIL statement of deviation or variation for the quarter ended June 30, 2026. The company confirmed that no funds were raised through public issues, rights issues, or preferential issues during this period. Consequently, Regulation 32(1) of SEBI LODR is not applicable. The filing is a standard regulatory requirement to ensure transparency in the utilization of proceeds from capital raises.
- Reporting period concluded on 30th June 2026
- Zero funds raised via public, rights, or preferential issues during the quarter
- Compliance filing under Regulation 32(1) of SEBI LODR Regulations, 2015
- Company noted technical inability to file via XBRL due to NIL entry restrictions
Transgene Biotek has filed a compliance report stating that Regulation 57(5) of SEBI (LODR) is not applicable for the quarter ended June 30, 2026. This regulation requires companies to certify the payment of interest, dividend, or principal for non-convertible securities. The company confirmed it has no such securities issued and therefore no outstanding payment obligations for the period. This is a standard administrative filing for companies without listed debt instruments.
- Regulation 57(5) declared not applicable for the quarter ended June 30, 2026
- Company confirmed it has not issued any Non-Convertible Securities
- Zero unpaid interest, dividend, or principal obligations reported at quarter-end
- Total debt remains at Rs 17 Cr as per latest financial context
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