Simplex Mills Company Ltd (533018)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Simplex Mills' revenue was ₹0.0 Cr (-100.0% year on year, -100.0% on the previous quarter), and net profit ₹-0.1 Cr (a bigger loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | -100.0% |
| Operating profit | ₹-0.2 | loss widened | loss widened |
| Net profit | ₹-0.1 | loss widened | loss widened |
| EPS (₹) | -36.67 | loss widened | loss widened |
📢 Recent Corporate Announcements
Simplex Mills Company Ltd held its 28th Annual General Meeting (AGM) on August 4, 2026, which concluded in just 11 minutes with 18 members in attendance. Shareholders approved the audited financial statements for FY26 and the appointment of Shri Shrikrushna N. Pawar as a Non-Executive Independent Director. The company remains in a precarious financial position with FY26 revenue of only ₹0.13 cr and a negative net worth of ₹-4 cr. No adverse remarks were noted by the statutory or secretarial auditors in their reports.
- AGM conducted via video conferencing with a total of 18 members in attendance.
- Meeting duration was approximately 11 minutes, starting at 11:00 am and concluding at 11:11 am.
- Appointment of Shri Shrikrushna N. Pawar as a Non-Executive Independent Director approved via Special Resolution.
- FY26 annual revenue reported at ₹0.13 cr with a net loss of ₹0.17 cr.
- Statutory and Secretarial Auditors provided reports with no qualifications or adverse remarks.
Simplex Mills Company Ltd approved its unaudited financial results for the quarter ended June 30, 2026. The company remains in a precarious financial position with a negative net worth of Rs -4 Cr and negligible TTM revenue. A significant concern highlighted by the statutory auditor is the non-impairment of loans and advances recoverable from a company whose net worth is eroded. While management believes these are recoverable based on projections, the lack of impairment poses a risk to the balance sheet quality.
- Board approved unaudited financial results for the quarter ended June 30, 2026, in a 30-minute meeting.
- Auditor issued an 'Emphasis of Matter' regarding loans and advances to a company with eroded net worth that have not been impaired.
- Company reported a negative net worth of Rs -4 Cr and debt of Rs 3 Cr as per latest annual context.
- TTM revenue is effectively Rs 0 Cr, following a total FY26 revenue of only Rs 0.13 Cr.
- Promoter holding remains stable at 71.17% as of June 2026.
Simplex Mills reported its Q1 FY27 results for the period ending June 30, 2026, showing a continued lack of operational revenue (TTM Rs 0 Cr). The company's financial position remains stressed with a negative net worth of Rs -4 Cr and debt of Rs 3 Cr. A significant 'Emphasis of Matter' by the auditor highlights that loans and advances to a company with eroded net worth have not been impaired. Management believes these are recoverable based on projections, but any future impairment would further deteriorate the company's fragile balance sheet.
- Market capitalization stands at a micro-cap level of Rs 15 Cr
- Net worth is currently negative at Rs -4 Cr
- TTM revenue is effectively Rs 0 Cr, indicating no core business activity
- Auditor highlighted non-impairment of loans to a company with eroded net worth
- Promoter holding remains stable at 71.17% as of June 2026
Simplex Mills Company Ltd has scheduled a board meeting for August 3, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently in a stressed financial position with a negative net worth of Rs 4 Cr and negligible TTM revenue of Rs 0 Cr. Investors should note that the company reported a net loss of Rs 0.11 Cr in the most recent March 2026 quarter. The upcoming results will be monitored for any signs of operational activity or business revival.
- Board meeting scheduled for August 3, 2026, to approve June 2026 quarter results
- Company reported near-zero TTM revenue of Rs 0 Cr against a market cap of Rs 15 Cr
- Net worth remains negative at Rs -4 Cr with a debt of Rs 3 Cr
- Promoter holding has remained stable at 71.17% as of June 2026
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.
