Deccan Polypacks Limited Reports Significant Loss in Q2 FY2026
Deccan Polypacks Limited, listed on BSE, reported a loss of Rs. 31.59 lakhs for Q2 FY2026 ended September 30, 2025. Total income was Rs. 1.97 lakhs against expenses of Rs. 30.37 lakhs. The balance sheet shows negative other equity of Rs. 1,571.44 lakhs and long-term borrowings of Rs. 1,363.87 lakhs against total assets of Rs. 5.40 lakhs. Auditors noted financial results not prepared on a going concern basis and absence of balance confirmations. All operations are categorized as discontinued, indicating cessation of primary business activities.
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Deccan Polypacks Limited , a company listed on the Bombay Stock Exchange (BSE), has reported a substantial loss for the quarter ended September 30, 2025. The company's financial results, approved by its Board of Directors, reveal concerning figures that highlight ongoing challenges.
Financial Performance
The unaudited financial results for Q2 FY2026 show:
| Particulars | Amount (Rs. in Lakhs) |
|---|---|
| Total Income | 1.97 |
| Total Expenses | 30.37 |
| Loss After Tax | 31.59 |
The company's performance indicates a significant imbalance between income and expenses, resulting in a considerable loss for the quarter.
Balance Sheet Highlights
The balance sheet as of September 30, 2025, presents a challenging financial position:
| Particulars | Amount (Rs. in Lakhs) |
|---|---|
| Other Equity | (1,571.44) |
| Long-term Borrowings | 1,363.87 |
| Total Assets | 5.40 |
| Total Equity | (1,359.94) |
The negative other equity and the substantial long-term borrowings compared to the total assets suggest severe financial distress.
Auditor's Observations
The limited review report by GMK Associates, Chartered Accountants, highlights two critical points:
- The financial results have not been prepared on a going concern basis.
- There is an absence of confirmation of balances, introducing uncertainties in the financial statements.
Despite these observations, the auditors' report remains unmodified.
Company's Operations
Deccan Polypacks Limited, headquartered in Hyderabad, Telangana, appears to have discontinued its operations. The profit and loss statement categorizes all entries under "DISCONTINUED OPERATION," indicating that the company is no longer actively engaged in its primary business activities.
Board Meeting Details
The company's Board of Directors met on November 12, 2025, at 2:00 PM to approve these unaudited financial results. The meeting concluded at 3:30 PM on the same day.
Investor Considerations
Given the company's financial position and the auditor's emphasis on the going concern issue, investors and stakeholders should exercise caution. The significant disparity between income and expenses, coupled with the negative equity position, raises questions about the company's future viability and ability to meet its financial obligations.
The absence of any reported income from operations and the classification of all activities under discontinued operations suggest that Deccan Polypacks Limited may be in the process of winding down its business or undergoing a significant restructuring.
Shareholders and potential investors are advised to closely monitor any further announcements from the company regarding its plans for addressing these financial challenges and any potential corporate actions that may impact their investments.
Historical Stock Returns for Deccan Polypacks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | +0.30% | -12.42% | +124.49% | +174.77% | +909.17% |
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