B.P. Capital Limited has announced its standalone unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with zero revenue generation and sustained losses.

Financial Performance Overview

The company reported a net loss of ₹3.51 lacs for Q3 FY26, showing a marginal improvement from the ₹4.05 lacs loss recorded in the corresponding quarter of the previous year. The company generated no revenue from operations during the quarter, maintaining the same pattern as previous periods.

Expense Analysis

The company's total expenses for Q3 FY26 amounted to ₹3.51 lacs, primarily consisting of employee benefit expenses of ₹2.09 lacs and other expenses of ₹1.42 lacs. This represents a decrease from the previous quarter's total expenses of ₹4.31 lacs and the corresponding quarter's expenses of ₹4.05 lacs.

Nine-Month Performance

For the nine months ended December 31, 2025, B.P. Capital Limited recorded a net loss of ₹11.62 lacs, marginally higher than the ₹11.60 lacs loss in the corresponding period of the previous year. The nine-month expenses totaled ₹11.62 lacs, with employee benefit expenses accounting for ₹7.27 lacs and other expenses contributing ₹4.35 lacs.

Corporate Structure and Challenges

The company maintains a paid-up equity share capital of ₹601.18 lacs with a face value of ₹10 per share. B.P. Capital Limited operates in a single segment and has faced significant operational challenges following the cancellation of its NBFC certificate by RBI in October 2016. A planned merger with Diamond Footcare Udyog Private Limited was withdrawn and dismissed by NCLT Chandigarh in August 2019.

Trading Status and Compliance Issues

The company faces trading restrictions on BSE due to unpaid annual listing fees since FY 2022-23. BSE has suspended regular trading but permits trade-for-trade transactions limited to the first trading day of each week until outstanding fees are settled. Management is working to arrange funds for clearing these dues.

Management Outlook

The company's management continues to explore possibilities for starting new business operations to resume active commercial activities. The Board of Directors approved these results in their meeting held on January 31, 2026, with the audit committee's review and statutory auditors' limited review completed.

B. P. Capital Limited has announced key board changes following its meeting conducted on January 21, 2026, at the company's registered office in Haryana. The board meeting, which commenced at 5:00 PM and concluded at 6:30 PM, resulted in the appointment of a new director and acceptance of a resignation, both effective immediately.

Board Composition Changes

The company's board approved two significant personnel changes during the meeting. These decisions were made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, ensuring proper regulatory adherence.

New Director Profile

Mr. Faizal Bavarapambil Abdul Khader brings substantial business experience to the board. His professional background spans 18 years in manufacturing, trading of plywood, spices, resins, and petrochemicals, along with distribution of electronic products. The newly appointed director is described as a committed and motivated business owner with experience in managing all aspects of business development and possessing excellent leadership skills.

Regulatory Compliance

The appointment was made upon recommendation of the Nomination & Remuneration Committee, following proper corporate governance procedures. The company has provided detailed profiles and information as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, ensuring full regulatory compliance.

The board changes have been communicated to all relevant stock exchanges where B. P. Capital Limited is listed, including Bombay Stock Exchange (Scrip Code: 536965), Delhi Stock Exchange (File No. 8211), and Calcutta Stock Exchange (Scrip Code: 10012104). Company Secretary Sakshi Gupta signed the regulatory filings, confirming the board's decisions and their immediate implementation.