Benara Bearings
9.29
-9.29(-100.00%)
Market Cap₹16.50 Cr
PE Ratio-0.58
Company Performance:
1D-100.00%
1M-100.00%
6M-100.00%
1Y-100.00%
5Y-100.00%
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More news about Benara Bearings
20Mar 26
Benara Bearings & Pistons Ltd Appoints Two Independent Directors to Board
Benara Bearings & Pistons Ltd appointed Mr. Harvendra Kumar Singh and Mrs. Sunidhi Jain as Independent Directors effective March 20, 2026, during a Board meeting. Both directors bring significant experience - Singh with 25 years in auto ancillary products and Jain with 15 years in finance and banking. The appointments are for five-year terms with remuneration of up to ₹5,000 per meeting, subject to shareholder approval through EOGM or Postal Ballot.
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09Mar 26
Benara Bearings Reports ₹759.70 Lakh Net Loss in H1 FY26 Amid Financial Constraints
Benara Bearings & Pistons Limited reported a standalone net loss of ₹759.70 lakhs for H1 FY26, an improvement from ₹2,186.63 lakhs loss in the corresponding period. Revenue declined 46.8% to ₹267.19 lakhs while the company faces severe financial constraints with negative net worth of ₹1,596.51 lakhs. The company is negotiating one-time settlements with banks for outstanding dues and has received a disclaimer of opinion from auditors citing multiple material concerns including inventory valuation and going concern uncertainties.
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09Mar 26
Benara Bearings Reports Massive ₹2,748 Crore Loss for FY25 Amid Financial Crisis
Benara Bearings & Pistons Limited reported a catastrophic net loss of ₹2,748.22 crores for FY25 versus ₹312.73 crores loss in FY24, with revenue declining 27.5% to ₹1,091.52 crores. The company faces severe financial distress with negative net worth of ₹836.81 crores and is negotiating one-time settlements with lenders for over ₹5,000 crores in borrowings. Auditors issued a disclaimer of opinion citing concerns over inventory valuation, asset recoverability, and going concern issues.
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25Feb 26
Benara Bearings & Pistons Limited Reports Consolidated Net Loss of ₹2815.50 Lakhs for FY25 with Auditor Disclaimer
Benara Bearings & Pistons Limited reported a consolidated net loss of ₹2815.50 lakhs for FY25 compared to ₹317.32 lakhs in FY24, with total income declining 28.6% to ₹1106.88 lakhs. The company faces severe financial distress with negative net worth of ₹974.43 lakhs and auditors issuing a disclaimer of opinion citing concerns over inventory valuation, asset recoverability, and ongoing debt settlement negotiations for ₹5242.18 lakhs in borrowings. The company also faces statutory demands totaling ₹6061.55 lakhs comprising income tax and GST liabilities.
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02Aug 25
Benara Bearings Reports ₹2,748.22 Crore Loss, Faces Auditor Disclaimer Over Financial Irregularities
Benara Bearings and Pistons Limited reported a net loss of ₹2,748.22 crore, up from ₹312.73 crore last year. Auditors issued a disclaimer of opinion, citing concerns over inventory verification, asset recoverability, and non-performing assets. Revenue declined to ₹1,091.52 crore. The company is negotiating one-time settlements with lenders, including a ₹3,000 crore settlement against ₹5,138 crore dues. It faces tax demands of ₹5,150.47 crore for Income Tax and ₹911.07 crore for GST. Management changes include a new CFO appointment and the resignation of the Company Secretary.
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31Jul 25
Benara Bearings and Pistons Appoints New CFO Amid Leadership Changes
Benara Bearings and Pistons Limited has appointed Mr. Dileep Kumar as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective July 28, 2025. Mr. Kumar brings over 20 years of experience in financial management. Simultaneously, Mr. Akash Ashokkumar Bhandari has resigned from his position as Company Secretary and Compliance Officer to pursue other career opportunities.
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29Jul 25
Benara Bearings Reports Substantial Losses, Management Changes Amid Financial Challenges
Benara Bearings and Pistons Limited (BBPL) has reported a net loss of ₹2,186.63 crore for the half-year ended September 30, a significant increase from the ₹54.87 crore loss in the previous period. The company's net worth has turned negative with reserves showing a deficit of ₹2,045.96 crore. Total assets decreased by 11.42% while current liabilities increased by 8.87%. Auditors have raised concerns about inventory valuation, recoverability of non-current assets, and ongoing negotiations with lenders for NPAs. The company is facing going concern uncertainties due to cash losses of ₹1,163.01 crore and negative net worth.
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Benara Bearings
9.29
-9.29
(-100.00%)
1 Year Returns:-100.00%
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