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Flexituff Ventures saw a massive 94% drop in consolidated revenue to just Rs 16.80 Cr in FY26 from Rs 288.57 Cr in FY25. The company swung to a significant consolidated net loss of Rs 135.08 Cr (EPS: Rs -41.15), a sharp reversal from a Rs 237.91 Cr profit last year.
This dismal performance is underscored by the auditor's adverse opinion, citing serious doubts about the company's ability to continue operations. Key factors include severe operational disruptions at its Kashipur plant due to raw material issues and a labor strike, alongside a huge Rs 322.34 Cr excess of current liabilities over assets. The company faces Rs 259.71 Cr in defaulted borrowings, attracting SARFAESI notices, non-payment of employee benefits, and major compliance failures.
These results reflect extremely weak financial momentum, marked by critical operational and solvency challenges.
All announcements from Flexituff Ventures International Limited