Shree Hanuman Sugar's FY26 loss at ₹89 lakh, plant idle since 2012
Audited annual results show negligible revenue of ₹4.35 lakh; auditor repeats going concern qualification. Company remains under CIRP with no new material developments.
What's new
- FY26 audited results: net loss of ₹89.42 lakh on revenue of ₹4.35 lakh.
- Sugar plant non-operational since 2012; company continues under CIRP.
- Auditor report flags non-provision of depreciation, interest, TDS non-compliance, and going concern uncertainty.
Why this matters
The market already prices in Shree Hanuman's distressed state. This filing is a routine procedural requirement under insolvency, not a trigger for revaluation.
What we're watching
- Any resolution plan progress in the ongoing CIRP.
- Regulatory response to the auditor's going concern qualification.
- Whether the company can meet listing compliance requirements.
The full read
Shree Hanuman Sugar & Industries reported FY26 annual results with ₹4.35 lakh in revenue and a net loss of ₹89.42 lakh. The sugar plant hasn't run since 2012, and the company remains under CIRP. The auditor's report repeats qualifications on depreciation, interest, and TDS non-compliance, plus a going concern warning. None of this is new — the market already sees a ₹7 crore market cap and a distressed balance sheet. The filing is a procedural obligation, not a news event. It doesn't change the story.
Questions answered
- What is Shree Hanuman Sugar's current operating status?
- The company is under Corporate Insolvency Resolution Process (CIRP) and its sugar plant has been non-operational since 2012, generating negligible revenue.
- What were the key financials for FY2026?
- Revenue was ₹4.35 lakh and net loss was ₹89.42 lakh. The loss reflects ongoing fixed costs with no production.
- What are the main auditor qualifications?
- The auditor cited non-provision of depreciation, interest, and TDS non-compliance, along with a material uncertainty related to going concern.
- Does this filing contain any new material information?
- No. The results are consistent with the known distressed situation and the ongoing CIRP; the market had already priced in these conditions.
- What is the company's market cap and debt position?
- Market cap is around ₹7 crore and debt-to-equity ratio is 0.36, based on trailing data from our database.