A.F. Enterprises Ltd (538351)
Latest quarterly results (Q3 FY25)
In its latest reported quarter, Q3 FY25, A.F. Enterprises' revenue was ₹5.6 Cr (+370.0% year on year), and net profit ₹-0.1 Cr (a smaller loss than a year earlier); the operating margin was 1.4%.
| Q3 FY25 (₹ Cr) | Value | YoY vs Q3 FY24 | QoQ |
|---|---|---|---|
| Revenue | ₹5.6 | +370.0% | — |
| Operating profit | ₹0.1 | from loss | from loss |
| Net profit | ₹-0.1 | loss narrowed | loss narrowed |
| EPS (₹) | -0.04 | loss widened | loss narrowed |
| Operating margin | 1.4% | — | — |
📢 Recent Corporate Announcements
A.F. Enterprises announced that its Board took note of the NCLT New Delhi Bench order dated August 6, 2026, approving the withdrawal of the Corporate Insolvency Resolution Process (CIRP) under Section 12A of the IBC. Consequently, the company has been released from CIRP proceedings initiated by Findoc Finvest Private Limited. Management control has reverted back to the company's Board and management from Resolution Professional Mr. Sumit Sharma. The Board resolved to complete the formal handover and prioritize all pending statutory and financial compliances.
- NCLT approved withdrawal of CIRP under Section 12A of IBC vide order dated August 6, 2026
- Management and operational control restored to the company from Resolution Professional Mr. Sumit Sharma
- Board initiated takeover and handing-over process at its meeting on August 24, 2026 (concluded at 6:30 PM)
- Company commits to regularizing all pending statutory, regulatory, and financial filings on a priority basis
The National Company Law Tribunal (NCLT) has approved the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against A.F. Enterprises Ltd following a full and final settlement of ₹3,00,00,000 (₹3 Cr) with Findoc Finvest Private Limited. The settlement received 100% approval from the Committee of Creditors (CoC), and management control has now reverted to the company. This is a significant development for the micro-cap firm (Market Cap ₹12 Cr), as it removes the immediate threat of liquidation or forced resolution.
- Settlement agreement executed for ₹3,00,00,000 on July 07, 2025
- 100% CoC approval obtained for the withdrawal of CIRP under Section 12A of IBC
- NCLT order dated August 06, 2026, releases the company from all insolvency proceedings
- Management control officially reverts from the Resolution Professional to the company board
- All CIRP costs were reimbursed by the suspended management as part of the settlement
Financial Performance
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Operational Drivers
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Strategic Growth
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External Factors
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Regulatory & Governance
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Risk Analysis
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