NewsEarningsMena Mani Industries Reports Loss, Reschedules Key Decisions Amid Financial ChallengesMena Mani Industries Reports Loss, Reschedules Key Decisions Amid Financial Challenges
Mena Mani Industries Limited reported a loss of Rs. 6.76 lakhs for Q2 FY2026, compared to a profit of Rs. 51.42 lakhs in Q2 FY2025. Revenue increased to Rs. 213.51 lakhs, but total expenses rose to Rs. 220.27 lakhs. The company's balance sheet shows negative equity of Rs. 75.11 lakhs and high non-current borrowings of Rs. 1470.69 lakhs. Key decisions including capital increase, fundraising through equity shares, and potential acquisition of a software company have been rescheduled to November 18, 2025.
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Mena Mani Industries Limited , a company listed on the BSE, has reported a loss of Rs. 6.76 lakhs for the quarter ended September 30, 2025, according to its latest financial results. The company has also rescheduled several critical decisions, highlighting ongoing financial challenges.
Financial Performance
The company's financial results for Q2 FY2026 reveal a concerning picture:
| Particulars (Rs. in Lakhs) | Q2 FY2026 | Q2 FY2025 | H1 FY2026 | H1 FY2025 |
|---|---|---|---|---|
| Revenue from Operations | 213.51 | 199.98 | 626.28 | 233.07 |
| Total Expenses | 220.27 | 204.06 | 617.10 | 247.65 |
| Profit/(Loss) before tax | (6.76) | 51.42 | 9.18 | 40.92 |
| Earnings per share (Basic) | (0.01) | 0.05 | 0.01 | 0.04 |
Despite a year-on-year increase in revenue, the company's profitability has significantly declined. The loss in Q2 FY2026 stands in contrast to the profit of Rs. 51.42 lakhs in the same quarter of the previous year.
Financial Position
The balance sheet as of September 30, 2025, reveals some concerning figures:
- Negative Equity: The company's total equity stands at negative Rs. 75.11 lakhs, indicating financial stress.
- High Borrowings: Non-current borrowings amount to Rs. 1470.69 lakhs, which is significantly high compared to the company's assets and equity position.
- Working Capital Issues: Current liabilities have increased to Rs. 228.00 lakhs from Rs. 39.77 lakhs as of March 31, 2025, potentially indicating liquidity challenges.
Rescheduled Board Decisions
In light of these financial challenges, Mena Mani Industries has rescheduled several key decisions to November 18, 2025:
- Consideration of an increase in Authorized Capital
- Potential fundraising through the issue of Equity Shares on a Preferential Basis
- Proposed acquisition of a Software Company to make it a wholly-owned subsidiary
These postponed decisions suggest that the company is exploring various options to improve its financial position and possibly diversify its operations.
Implications for Stakeholders
The current financial situation of Mena Mani Industries may raise concerns among shareholders and potential investors. The negative equity position and high borrowings could impact the company's ability to raise additional capital or secure favorable terms for future financing.
The rescheduling of key decisions, particularly those related to capital raising and potential acquisitions, indicates that the company's management is carefully considering its strategic options in the face of financial challenges.
Investors and market observers will likely be watching closely for the outcomes of the rescheduled board meeting on November 18, 2025, as these decisions could significantly impact the company's future direction and financial health.
Historical Stock Returns for Mena Mani Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.60% | -2.47% | -7.28% | +36.30% | -2.21% | +81.40% |
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