Burnpur Cement Limited (BSE: 532931; NSE: BURNPUR) reported a net loss of ₹7,922.98 lakh for the financial year ended March 31, 2026, widening significantly from the ₹4,245.70 lakh loss recorded in FY25.

The cement manufacturer generated zero revenue during the period as it has remained non-operational since November 2023, following the sale of its entire Patratu plant assets to Ultratech Cement Limited under the SARFAESI Act.

Financial Performance

Total expenses rose to ₹7,923.86 lakh in FY26 compared to ₹6,825.82 lakh in the previous year. This increase was driven primarily by higher finance costs and employee benefit expenses, while operating costs such as power and fuel remained at nil due to the cessation of production activities.

What the Numbers Show

Finance costs accounted for approximately 97% of total expenses in FY26, highlighting that the company's financial deterioration is driven almost entirely by debt servicing obligations rather than operational inefficiencies. With no revenue stream to offset these liabilities, the negative cash flow from operations stands at ₹5.72 lakh, further eroding the company's already negative equity position.

Balance Sheet & Governance

As on March 31, 2026, total borrowings stood at ₹56,297.45 lakh, an increase from ₹48,382.01 lakh in FY25. The majority of this debt is owed to UV Asset Reconstruction Company Limited (UVARCL), which holds 100% of the secured financial debt. Cash and cash equivalents decreased to ₹77.95 lakh from ₹86.99 lakh in the prior year.

The Board did not recommend any dividend for FY26. Trading in the company's shares remains suspended on both stock exchanges pending regulatory approvals for the capital reduction scheme approved by the NCLT.

Burnpur Cement Limited has scheduled its 40th Annual General Meeting (AGM) for Tuesday, September 22, 2026. The meeting will be held virtually through Video Conferencing or Other Audio-Visual Means (VC/OAVM).

The primary agenda is the consideration and adoption of the audited financial statements for the fiscal year ended March 31, 2026. The Board of Directors will also present its report alongside the auditors' report.

Key Dates and Logistics

The company has defined specific timelines for shareholder participation and voting eligibility:

Shareholders holding securities as of the cut-off date are eligible to vote. The register of members will remain closed from September 16 to September 22, 2026, inclusive.

Voting and Participation Details

National Securities Depository Limited (NSDL) serves as the authorized e-voting agency. Members may cast votes remotely between September 19 and September 21, 2026. Those who vote remotely may attend the meeting but cannot vote again during the session.

Individual shareholders with demat accounts can log in via NSDL or CDSL platforms using OTP-based authentication or existing credentials. Physical shareholders must use their EVEN number combined with their folio number as their user ID.

The company has appointed Ms. Nupur Mimani, a practicing Company Secretary, as the scrutinizer to ensure fair conduct of the voting process. Results will be declared immediately after the conclusion of voting and published on the company’s website.