Pan Electroncis (India) Limited, a Bengaluru-based electronics company, has reported its financial results for the half-year ended September 30, 2025. The company's performance shows a reduction in losses compared to the previous period, despite challenges in the operating environment.

Financial Highlights

Improved Financial Performance

Pan Electroncis reported a significant reduction in its net loss for the half-year ended September 30, 2025. The company's loss narrowed to Rs 86.78 lakh, compared to a loss of Rs 292.85 lakh in the corresponding period of the previous year. This improvement indicates the company's efforts in cost management and operational efficiency.

Revenue Growth

The company's revenue from operations showed substantial growth, reaching Rs 235.90 lakh for the half-year period, compared to Rs 131.61 lakh in the same period last year. This increase in revenue suggests improved market demand for the company's products or services.

Balance Sheet Position

As of September 30, 2025, Pan Electroncis' total assets stood at Rs 1,073.12 lakh, slightly lower than the Rs 1,084.56 lakh reported on September 30, 2024. The company's equity share capital remained stable at Rs 400 lakh.

Quarterly Performance

For the quarter ended September 30, 2025, Pan Electroncis posted a net loss of Rs 81.19 lakh. The company's performance in the second quarter of the fiscal year 2025-26 contributed significantly to the overall half-yearly results.

Management Approval and Auditor's Review

The Board of Directors of Pan Electroncis (India) Limited approved these unaudited financial results at their meeting held on November 12, 2025. The results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

SKSVM & Co., Chartered Accountants, conducted a limited review of the financial results. Based on their review, they stated that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Conclusion

While Pan Electroncis (India) Limited continues to face challenges, as evidenced by the reported losses, the company has shown improvement in its financial performance. The significant reduction in net loss and the growth in revenue are positive indicators. However, the company's negative other equity of Rs 3,127.46 lakh suggests ongoing financial stress that may require further attention and strategic action from the management.

Pan Electroncis (India) Limited, a Bengaluru-based electronics company, has reported a significant revenue increase for the first quarter, despite ongoing financial challenges. The company's unaudited financial results, approved by its Board of Directors on August 9, reveal a complex financial picture marked by revenue growth and persistent losses.

Revenue Surge

Pan Electroncis witnessed a remarkable 195.40% year-on-year increase in revenue from operations, reaching ₹196.16 lakhs, up from ₹66.40 lakhs in the same quarter of the previous year. This substantial growth demonstrates the company's improved sales performance and market presence.

Financial Performance

Despite the impressive revenue growth, the company reported a net loss of ₹5.59 lakhs for the quarter. While this represents a loss, it marks an improvement from the ₹22.83 lakh loss recorded in the previous quarter. The total expenses for the quarter stood at ₹201.00 lakhs, with the cost of materials consumed being the largest component at ₹111.90 lakhs.

Balance Sheet Overview

The balance sheet as of June 30 presents a challenging financial position:

The company's total assets decreased to ₹1,152.02 lakhs from ₹1,235.81 lakhs as of March 31. Notably, the equity position remains negative at ₹(2,645.27) lakhs, indicating ongoing financial stress.

Liquidity and Debt

Pan Electroncis faced a significant reduction in its cash position, with cash and cash equivalents dropping to ₹5.40 lakhs from ₹20.82 lakhs in the previous quarter. This decline in liquidity could pose challenges for the company's short-term financial management.

The company's debt position saw an increase, with non-current borrowings rising to ₹3,600.97 lakhs from ₹3,544.35 lakhs. However, trade payables decreased to ₹68.65 lakhs from ₹199.50 lakhs, potentially indicating improved supplier management or reduced operational activity.

Earnings Per Share

The loss per share for the quarter was reported at ₹0.01, reflecting the company's continued financial challenges despite the revenue growth.

Management Commentary

Gullu Gellaram Talreja, Managing Director of Pan Electroncis (India) Limited, signed off on the financial results. The company's board meeting to approve these results was held on August 9, lasting from 2:00 PM to 2:30 PM.

Outlook

While the substantial revenue growth is a positive sign for Pan Electroncis, the persistent negative equity position and ongoing losses highlight the need for continued financial restructuring and operational improvements. The company's ability to sustain this revenue growth while managing its debt and improving profitability will be crucial for its future financial health.