Where did the ₹70.41 lakh profit come from with no revenue?

It came entirely from other income. The company reported zero revenue from operations, so its net profit was non-operating.

What happened to the company's GST registration?

It was cancelled in December 2025 because the company failed to file GST returns since May 2025. The auditor has reported this as a statutory default.

What other tax issue did the auditor highlight?

The auditor disclosed that no Tax Deducted at Source (TDS) was deposited for the entire year. This is a separate default from the GST cancellation.

Is this a new problem?

No. The auditor's report repeats concerns about GST cancellation and TDS non-payment, indicating they are ongoing and unresolved issues, not new findings.

Earnings · Metal - Ferrous · Micro cap

Bloom Industries is a public company with no revenue, no GST, and no tax deposits.

Q4 profit came from other income alone. The auditor repeated warnings about cancelled GST registration and missing TDS.

— 2 earlier stories on Bloom Industries Ltd. →

BLOIN By Tipsheet Editorial 26 May 2026 · 3:37 PM IST Verify on BSE · NSE

Mkt cap₹20.97 cr

P/E18.18×

ROE5.09%

Debt / eq.0.53

₹0 Revenue from operations for the quarter.

What's new

Bloom Industries reported zero revenue from operations for Q4 FY26.
Auditor flagged that GST registration was cancelled in December 2025.
No TDS was deposited for the entire fiscal year, per the auditor.

Why this matters

This is a public company that is not operating and is not meeting basic statutory obligations. The auditor is repeating the same tax-default warnings, which suggests management is ignoring them. For a ₹22 crore market-cap entity, the risk is that compliance failures become legal ones.

What we're watching

Whether tax authorities act on the GST and TDS defaults.
If the new company secretary can restart basic filings.
Whether the company can operate without a valid GST number.

The full read

Bloom Industries is a nano-cap company with a ₹22 crore market value and no operating revenue. Its Q4 results confirm the pattern: ₹0 from operations, with a ₹70.41 lakh net profit sourced entirely from other income. The real substance is in the auditor's report. Tibrewal Chand & Co. again flagged that Bloom's GST registration was cancelled in December 2025 after the company stopped filing returns in May. It also disclosed that no TDS was deposited for the entire year. The board approved a new company secretary, but that is routine. The core issue is a public company that is not operating and not meeting basic statutory tax obligations. The auditor is repeating the same warnings. Management is not addressing them.

Questions answered

Where did the ₹70.41 lakh profit come from with no revenue?: It came entirely from other income. The company reported zero revenue from operations, so its net profit was non-operating.
What happened to the company's GST registration?: It was cancelled in December 2025 because the company failed to file GST returns since May 2025. The auditor has reported this as a statutory default.
What other tax issue did the auditor highlight?: The auditor disclosed that no Tax Deducted at Source (TDS) was deposited for the entire year. This is a separate default from the GST cancellation.
Is this a new problem?: No. The auditor's report repeats concerns about GST cancellation and TDS non-payment, indicating they are ongoing and unresolved issues, not new findings.

Mentioned: Bloom Industries Ltd. · Tibrewal Chand & Co. · Puja Shaw

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on BLOIN →

26 May 2026 · 3:37 PM IST Bloom Industries is a public company with no revenue, no GST, and no tax deposits.
41d ago Bloom Industries' auditor flags cancelled GST, unpaid TDS for the year
41d ago Bloom Industries has zero sales and a cancelled GST registration.