Advance Syntex Ltd (539982)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Advance Syntex's revenue was ₹0.0 Cr, and net profit ₹-0.0 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.0 | loss narrowed | loss narrowed |
| Net profit | ₹-0.0 | loss narrowed | loss narrowed |
| EPS (₹) | -0.01 | loss narrowed | loss narrowed |
📢 Recent Corporate Announcements
Advance Syntex Limited has announced the closure of its Register of Members and Share Transfer Books from September 23, 2026 to September 30, 2026. The book closure is scheduled for the company's Annual General Meeting (AGM) taking place on September 30, 2026 at 2:00 PM IST at its registered office. The company continues to face severe financial stress with negative net worth of Rs -13 Cr and zero reported TTM revenue against Rs 24 Cr debt.
- Book closure period fixed from September 23, 2026 to September 30, 2026 (both days inclusive)
- Annual General Meeting (AGM) scheduled on September 30, 2026 at 2:00 PM IST
- Meeting to be held at the Registered Office in Vadodara, Gujarat
- Company has a market cap of Rs 6 Cr with Rs 0 Cr TTM revenue
Advance Syntex reported zero revenue from operations and a net loss of ₹1.00 lakh for the quarter ended June 30, 2026. The statutory auditor issued an adverse review opinion, stating that business operations have completely halted, the fixed asset block is now zero following asset sales by lenders under the SARFAESI Act, and the going concern assumption is invalid. The company has zero active employees and carries non-performing asset (NPA) debt of ₹24 crore against a negative net worth of -₹13 crore without accruing interest.
- Reported zero revenue from operations and a net loss of ₹1.00 lakh for the quarter ended June 30, 2026
- Auditor issued an adverse opinion highlighting that operations are shut and the going concern assumption is not sustainable
- Fixed asset block reduced to zero after Axis Bank auctioned all plant, equipment, and land/buildings under SARFAESI
- Axis Bank realized ₹4.54 crore from Land & Buildings and ₹0.66 crore from Plant, Equipment & Inventory
- No active employees remain, leading to written-back gratuity provisions and advances
Advance Syntex Ltd reported zero revenue from operations and a net loss of Rs 1.00 lakh for the quarter ended June 30, 2026. Business activities remain completely shut down with zero employees and a fixed asset block reduced to zero following asset sales by Axis Bank under SARFAESI. The statutory auditor issued an adverse conclusion citing non-sustainable going concern status, non-compliance with Ind AS, and unprovided interest liabilities.
- Revenue from operations was Rs 0.00 lakh for the quarter ended June 30, 2026
- Net loss for the quarter stood at Rs 1.00 lakh compared to a loss of Rs 1.41 lakh in the previous quarter
- Fixed asset block stands at zero following SARFAESI asset liquidation by lender bank
- Statutory auditor issued an adverse review opinion citing unsustainable going concern status
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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