What’s new

• Net loss jumped to ₹365.93 lakh from ₹80.34 lakh a year ago.
• Revenue of ₹68.91 lakh vs nil earlier — first quarterly income post-insolvency.
• Depreciation of ₹157.42 lakh was the largest expense, weighing on the P&L.

Why it matters

BKM Industries is a nano-cap with a ₹12 crore market cap and a 0.96 debt/equity ratio. Revenue is present, but the expense structure, especially depreciation, remains a hangover from insolvency. The loss is significant for a company of this size.

What we’re watching

• Whether revenue growth can outpace fixed costs in coming quarters.
• Any signs of working capital improvement or debt reduction.
• The trajectory of depreciation charges, a key drag on profitability.

The full read

Losses widened. BKM Industries reported a net loss of ₹365.93 lakh for Q1 FY27, more than quadruple the ₹80.34 lakh loss a year earlier, even as revenue returned at ₹68.91 lakh from nil. Expenses of ₹471.95 lakh swamped income, with depreciation of ₹157.42 lakh alone accounting for a third of the total. Hardly a revival yet. At a market cap of ₹12 crore, this single quarter's loss is a significant portion of the company's valuation. The path to profitability remains steep.

Primary source: BSE · NSE