Simplex Mills Company Share Price Today

Simplex Mills Q2FY27 Results: Net loss widens 88% YoY to ₹3.94 lakh

Net loss widened 88% YoY to ₹3.94 lakh in Q2FY27. Revenue from operations dropped to nil from ₹6.30 lakh in Q2FY26. Total equity remains negative at ₹372.71 lakh due to accumulated losses. Cash and cash equivalents fell to ₹0.95 lakh from ₹8.06 lakh at FY26 end. Auditor flagged non-impaired loans from a company with eroded net worth.

Simplex Mills Company secures unanimous vote for FY26 accounts and director appointments

Simplex Mills Company Limited concluded its 28th AGM with unanimous approval for FY26 financials and the appointment of Shrikrushna N. Pawar as Independent Director. Scrutinizer Binit Kumar confirmed 25,079 valid votes, with promoters and institutions driving participation. No opposition or invalid votes were recorded.

Simplex Mills net loss narrows to ₹3.74 lakh in Q1FY26 on expense cut

Simplex Mills Company Limited reported a narrowed net loss of ₹3.74 lakh for Q1FY26, compared to ₹11.29 lakh in the prior quarter, due to reduced other expenses. The company generated no operational revenue, relying solely on other income of ₹15.41 lakh. Statutory auditors emphasized the recoverability of advances from an entity with eroded net worth.

Simplex Mills AGM to approve Pawar as Independent Director

Simplex Mills Company Limited has announced its 28th Annual General Meeting for August 4, 2026, conducted via Video Conferencing. The agenda includes adopting the audited financial statements for the year ended March 31, 2026, and approving the appointment of Shri Shrikrushna N. Pawar as a Non-Executive Independent Director for a five-year term. Shareholders will also vote on the re-appointment of Shri Shekhar R Singh, who retires by rotation.

Simplex Mills Reports Q3FY26 Net Loss of ₹1.81 Lakhs Against Prior Year Profit

Simplex Mills Company Limited reported a net loss of ₹1.81 lakhs for Q3FY26 compared to a profit of ₹0.68 lakhs in Q3FY25, with revenue declining to ₹6.35 lakhs from ₹8.98 lakhs year-on-year. For the nine-month period, the net loss widened to ₹5.91 lakhs against ₹1.41 lakhs in the previous year. The Board approved these results on 10th February, 2026, with auditors noting concerns about the company's going concern status due to accumulated losses and eroded net worth.

Simplex Mills Reports Widening Losses Amid Ongoing Financial Challenges

Simplex Mills Company Limited's unaudited financial results for H1 FY2026 show deteriorating financial health. Net loss nearly doubled to ₹4.10 crore, while total income marginally increased to ₹32.08 crore. The company's net worth is fully eroded with accumulated losses and other equity at negative ₹651.97 crore. Cash and cash equivalents dropped significantly from ₹10.20 crore to ₹1.35 crore. Auditors have raised concerns about the company's ability to continue as a going concern, though management maintains a positive outlook based on projected recoveries.