Oriental Trimex Defaults on Rs 3.24 Crore One-Time Settlement with ARCIL

Oriental Trimex Limited , a company known for luxury flooring solutions, has reported a default on its One-Time Settlement (OTS) arrangement with Asset Reconstruction Company India Limited (ARCIL). The default, amounting to Rs 3.24 crore, was disclosed to stock exchanges in compliance with SEBI regulations.

Default Details

The company's disclosure reveals the following breakdown of the defaulted amount:

Component	Amount (in Rs)
Principal	2,28,64,000
Interest	95,91,393
Total	3,24,55,393

This default on the OTS arrangement raises concerns about Oriental Trimex's financial health and its ability to meet its debt obligations.

Regulatory Compliance

Oriental Trimex's disclosure aligns with SEBI's requirements for listed entities to report defaults on payments of interest or principal amounts on loans from banks, financial institutions, and unlisted debt securities. This transparency is crucial for investors and stakeholders to assess the company's financial position accurately.

Financial Position

A look at Oriental Trimex's recent balance sheet data provides context to this default:

Financial Metric	Current Year	1 Year Ago	Change
Total Assets	125.80	108.40	16.05%
Current Assets	108.10	63.30	70.77%
Current Liabilities	27.70	47.20	-41.31%
Total Equity	98.00	61.10	60.39%

All figures in Rs crore

While the company has seen improvements in its total assets and equity, the default on the OTS arrangement suggests ongoing challenges in managing its debt obligations. The significant increase in current assets, coupled with a decrease in current liabilities, indicates potential liquidity that has not been utilized to meet this particular financial commitment.

Implications and Outlook

This default may have several implications for Oriental Trimex:

Credit Rating Impact: The company's credit rating could be negatively affected, potentially increasing future borrowing costs.
Investor Confidence: Shareholders and potential investors may reassess their positions based on this development.
Regulatory Scrutiny: The default might attract increased attention from regulatory bodies.

As the situation unfolds, stakeholders will be closely monitoring Oriental Trimex's steps to address this default and strengthen its financial position. The company's ability to negotiate with ARCIL and potentially restructure its debt will be crucial in the coming period.

Investors and market observers are advised to keep a close watch on further disclosures and financial reports from Oriental Trimex to gauge the company's progress in resolving this financial challenge.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.49%	-5.09%	-16.40%	-39.45%	-29.89%	-3.41%

Oriental Trimex Limited , a company specializing in marble and stone products, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company has shown signs of improvement in its financial performance, with a significant reduction in losses compared to the previous year.

Key Financial Highlights

Particulars	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Revenue	785.00	193.70	392.66	248.03
Net Loss	23.35	149.41	166.98	856.56

All figures in ₹ lacs

Quarterly Performance

Oriental Trimex reported a total revenue of ₹785.00 lacs for the quarter ended September 30, 2025. The company's net loss for the quarter stood at ₹23.35 lacs, showing a substantial improvement from the loss of ₹149.41 lacs in the corresponding quarter of the previous year.

Half-Yearly Results

For the half-year ended September 30, 2025, the company posted a loss of ₹166.98 lacs, which is significantly lower than the loss of ₹856.56 lacs reported in the same period last year. This reduction in losses indicates a positive trend in the company's financial health.

Balance Sheet Overview

As of September 30, 2025, Oriental Trimex's total assets were reported at ₹12,425.61 lacs. The company's total equity stood at ₹9,836.34 lacs, reflecting a strong equity base.

Operational Highlights

The company's performance shows a marked improvement in revenue generation and cost management. The reduction in losses, both on a quarterly and half-yearly basis, suggests that the measures taken by the management to streamline operations and improve efficiency may be yielding results.

Board Approval and Audit Review

The financial results were approved by the Board of Directors at their meeting held on November 12, 2025. Prior to the board approval, the results were reviewed by the audit committee. Aditya S Jain and Company, Chartered Accountants, conducted a limited review of these financial results.

Future Outlook

While the company continues to face challenges, as evidenced by the ongoing losses, the significant reduction in the loss figures may indicate a potential turnaround. However, it's important to note that sustained improvement will depend on various factors, including market conditions and the company's strategic initiatives.

Investors and stakeholders will likely be watching closely to see if Oriental Trimex can maintain this positive momentum and potentially return to profitability in the coming quarters.

The full detailed format of the unaudited financial results is available on the company's website and the websites of the National Stock Exchange of India Limited and BSE Limited for those seeking more comprehensive information.