Prabhatam Infra Venture Venture (531647)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Prabhatam Infra's revenue was ₹0.1 Cr, and net profit ₹-0.3 Cr (a bigger loss than a year earlier); the operating margin was -23.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | — | +41.7% |
| Operating profit | ₹-0.0 | loss narrowed | to loss |
| Net profit | ₹-0.3 | loss widened | loss widened |
| EPS (₹) | -0.14 | loss widened | loss widened |
| Operating margin | -23.3% | — | — |
📢 Recent Corporate Announcements
Prabhatam Infra Venture Limited has submitted its Annual Report for FY 2025-26 along with the Notice for its 32nd AGM scheduled for September 30, 2026. The company is seeking shareholder approval to appoint M/s AD Goyal & Associates as Statutory Auditors for a 5-year term following the resignation of M/s V.R. Bansal & Associates on August 13, 2026. The MD&A section highlights persistent financial challenges, noting continued losses and negative returns on net worth (net worth stood at Rs -1 Cr in FY26).
- 32nd Annual General Meeting convened for September 30, 2026, via Video Conferencing.
- M/s AD Goyal & Associates proposed as Statutory Auditors for a 5-year term from FY 2026-27 to 2030-31.
- Former Statutory Auditor M/s V. R. Bansal & Associates resigned effective August 13, 2026.
- Company reported negative returns on net worth and persistent losses over past fiscal years.
Prabhatam Infra Venture Limited approved the appointment of M/s AD Goyal & Associates, Chartered Accountants (Firm Registration No. 0031058N), as the company's Statutory Auditor effective August 31, 2026. This appointment fills a casual vacancy created by the resignation of the previous statutory auditor. The appointment is subject to approval by shareholders at the ensuing General Meeting. The company reported TTM revenue of Rs 0 Cr and a net loss of Rs -1 Cr in recent operations.
- Appointed M/s AD Goyal & Associates (FRN: 0031058N) as Statutory Auditor effective August 31, 2026.
- Fills casual vacancy resulting from the resignation of the existing statutory auditor.
- Appointment subject to approval from members at the upcoming General Meeting.
- Board meeting was held on August 31, 2026, from 04:30 PM to 05:00 PM.
Prabhatam Infra Venture Limited has resubmitted its disclosure regarding the resignation of statutory auditors M/s. V.R. Bansal & Associates following observations from the stock exchange. The original filing on August 13, 2026 lacked disclosures mandated under SEBI circulars dated October 18, 2019 and January 30, 2026. This administrative update comes amidst weak underlying fundamentals, with the company reporting a negative net worth of ₹-1 Cr and FY26 revenue of just ₹0.09 Cr.
- Resubmission made on August 17, 2026 following BSE observations on the August 13, 2026 intimation.
- Details submitted regarding the resignation of Statutory Auditor M/s. V.R. Bansal & Associates.
- Updated to comply with SEBI circulars dated October 18, 2019 and January 30, 2026.
- Company posted FY26 net loss of ₹-0.62 Cr against revenue of ₹0.09 Cr, with debt at ₹2 Cr.
Prabhatam Infra Venture Ltd has announced the resignation of its Statutory Auditor, M/s. V.R. Bansal & Associates, effective August 13, 2026. This resignation occurs while the company reports a negative net worth of ₹-1 Cr and near-zero TTM revenue (₹0.09 Cr in FY26). The company, formerly known as B J Duplex Boards Limited, is currently in a precarious financial position with a debt of ₹2 Cr and an operating margin of -144.4%. Investors should monitor the specific reasons cited in the auditor's resignation letter for any governance or accounting red flags.
- Statutory Auditor M/s. V.R. Bansal & Associates resigned effective August 13, 2026
- Company reported TTM revenue of ₹0 Cr and FY26 revenue of only ₹0.09 Cr
- Net worth stands at a negative ₹-1 Cr as per latest financial context
- Promoter holding recently decreased from 74.15% to 68.85% as of March 2026
- Company carries a debt of ₹2 Cr against negative equity
Prabhatam Infra Venture (formerly BJ Duplex Boards) reported a standalone net loss of ₹27.02 Lakhs for Q1 FY27, widening from a loss of ₹8.64 Lakhs in the year-ago period. The company generated its first significant revenue of ₹12.75 Lakhs from a new lease rental business line, compared to zero revenue in Q1 FY26. Total expenses surged to ₹39.88 Lakhs, primarily driven by finance costs of ₹13.12 Lakhs and depreciation of ₹11.04 Lakhs. The company is currently undergoing a major capital restructuring, having received in-principle approval for a preferential issue of over 20.4 crore shares.
- Revenue from operations reached ₹12.75 Lakhs in Q1 FY27, up from nil in Q1 FY26.
- Net loss widened by 212% year-on-year to ₹27.02 Lakhs.
- Finance costs of ₹13.12 Lakhs accounted for 32.9% of total quarterly expenses.
- In-principle approval received on July 6, 2026, for a preferential issue of 20,40,10,350 equity shares.
- Name change to Prabhatam Infra Venture Limited was finalized on June 2, 2026, reflecting a pivot to infrastructure/leasing.
Prabhatam Infra Venture Ltd has appointed M/s. Parveen Rastogi & Co. as its Secretarial Auditor for the financial year 2025-26. This is a routine compliance requirement under Section 204 of the Companies Act, 2013. The company is currently in a weak financial position, reporting TTM revenue of Rs 0 Cr and a negative net worth of Rs -1 Cr. The board meeting held on August 11, 2026, concluded within 50 minutes.
- Appointment of M/s. Parveen Rastogi & Co. as Secretarial Auditor for the financial year 2025-26
- Board meeting duration of 50 minutes, starting at 03:00 P.M. and concluding at 03:50 P.M.
- Company reported TTM revenue of Rs 0 Cr and a net loss of Rs -1 Cr
- Promoter holding remains at 68.85% as of the latest March 2026 filing
Prabhatam Infra Venture Ltd has scheduled a board meeting for August 11, 2026, to consider and approve the standalone un-audited financial results for the quarter ended June 30, 2026. The company is currently in a precarious financial state with TTM revenue of Rs 0 Cr and a negative net worth of Rs -1 Cr. The trading window for insiders has been closed since July 01, 2026, and will remain so until 48 hours after the results are declared. Investors should note the company's significant operational challenges, including a TTM PAT of Rs -1 Cr and a negative ROCE of -97.1%.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results
- Trading window for insiders closed from July 01, 2026
- Company reported TTM revenue of Rs 0 Cr and TTM PAT of Rs -1 Cr
- Net worth stands at Rs -1 Cr as per latest available financial context
- Promoter holding recently decreased from 74.15% to 68.85%
Prabhatam Infra Venture has completed a massive equity expansion, allotting 20.25 crore shares at Re. 1 each. This includes 14.40 crore shares issued via share swap (primarily to promoters) and 5.85 crore shares for cash to public investors. The move increases the paid-up capital to Rs 22.15 crore, a significant jump for a company that reported zero TTM revenue and a negative net worth of Rs -1 crore. This capital infusion and restructuring are likely intended to revive operations in the distressed entity.
- Allotment of 14,40,10,350 shares via share swap for non-cash consideration at Re. 1 each.
- Allotment of 5,85,00,000 shares for cash, providing a liquidity infusion of Rs 5.85 crore.
- Total paid-up equity capital increased to Rs 22,15,38,850 from a previously negligible base.
- Promoter entity Prabhatam Investment Private Limited received the largest chunk of 11.92 crore shares.
- The company currently operates with zero revenue and a negative net worth of Rs -1 crore as of Mar 2026.
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