Standard Batteries is a public shell with no revenue and a net loss.
The FY26 results show zero sales. The prior year's profit came from a one-time gain that is now gone.
What's new
- Standard Batteries reported zero revenue from operations for the full year ended March 31, 2026.
- The company swung from a net profit of ₹81.66 lakhs in FY25 to a net loss of ₹49.60 lakhs in FY26.
- The loss is driven by a decrease in 'Other Income' after a prior-year one-time gain.
Why this matters
This is a routine earnings release for a non-operational entity. The numbers confirm the business is dormant: no sales, and the prior year's profit was an accounting mirage from non-recurring income. The attached resolutions are standard compliance housekeeping.
What we're watching
- Any disclosure of assets or a plan to become operational.
- The outcome of the routine AGM resolutions.
The full read
Standard Batteries is a shell. Its FY26 results confirm the obvious: ₹0 in revenue. The prior year's net profit of ₹81.66 lakhs was an accounting mirage from 'Other Income,' likely a one-off. That income is gone, and the company posted a net loss of ₹49.60 lakhs in FY26. At a market cap of ₹27 crore, the entity has no operations. The filing's only other business was routine AGM compliance. No strategy, no pivot, no product. Just a public listing with no business attached. A ghost on the exchange.
Questions answered
- Why did the net result swing from profit to loss?
- The company had zero revenue in both years. Its FY25 profit of ₹81.66 lakhs came entirely from 'Other Income,' likely a one-time gain. That income source diminished in FY26, pushing the result to a net loss of ₹49.60 lakhs.
- Is this company conducting any business?
- No. The audited results show zero revenue from operations for the full fiscal year. The company is not generating sales.
- What were the other items in the filing?
- The filing included administrative resolutions to re-appoint a retiring director and appoint a scrutinizer for the AGM. These are routine procedures for any listed entity.
- How large is Standard Batteries?
- It is a nano-cap entity with a market capitalization of approximately ₹27 crore. The filing provides no detail on its assets or business activities.