Advance Syntex Ltd

Book Closure Details

• Book closure from 23 Sep 2026 to 30 Sep 2026 (both days inclusive) for AGM.
• AGM scheduled for 30 Sep 2026 at 2:00 PM IST.

Board decisions & Q1 results

• 37th AGM scheduled for 30 Sep 2026 at 2:00 PM via VC/OAVM.
• Register of Members and Transfer Books closed Sep 23–30, 2026 for AGM.
• Standalone unaudited results for quarter ended 30 Jun 2026 approved.
• Limited Review Report on quarter ended 30 Jun 2026 completed.
• Board's Report approved.
• Devesh R. Desai appointed Scrutinizer for e-voting.

Trading Window Closure

• Trading window closed for Designated Persons and their immediate relatives from 01-Jul-2026.
• Board meeting to consider unaudited results for quarter ended 30 June 2026.

FY26 results

• 📊 Revenue from operations was nil for Q4 and FY26.
• 📊 Total income was nil in Q4 and Rs 14.97 lakh for FY26.
• 📊 FY26 other income was Rs 14.97 lakh versus nil in FY25.
• 📊 Q4 FY26 loss before tax was Rs 1.41 lakh.
• 📊 FY26 loss before tax was Rs 60.34 lakh.
• 📊 Q4 FY26 loss after tax was Rs 1.42 lakh.
• 📊 FY26 loss after tax was Rs 60.34 lakh.
• 📊 Basic and diluted EPS were negative 0.01 in Q4 and 0.54 for FY26.

Exceptional items

• 📊 FY25 included stock written off of Rs 2,181.50 lakh.
• 📊 FY25 included exceptional gain on land and building sale of Rs 277.87 lakh.
• 📊 FY25 included sundry debtors written off of Rs 257.25 lakh.
• 📊 FY25 included loan balance written off of Rs 356.34 lakh.

Balance sheet

• 📊 Total assets were Rs 1,250.01 lakh at 31 March 2026.
• 📊 Trade receivables were Rs 994.16 lakh at 31 March 2026.
• 📊 Cash and cash equivalents were Rs 7.39 lakh at 31 March 2026.
• 📊 Equity remained negative at Rs 1,302.32 lakh.
• 📊 Non-current borrowings were Rs 687.84 lakh.
• 📊 Current borrowings were Rs 1,707.68 lakh.

Cash flow

• 📊 Operating cash flow was Rs 36.20 lakh in FY26.
• 📊 Investing cash flow was Rs 520.00 lakh, driven by sale consideration of fixed assets.
• 📊 Financing cash flow was negative Rs 36.20 lakh.
• 📊 Cash and cash equivalents increased by Rs 0.20 lakh during FY26.

Audit and risks

• ⚠️ Auditor issued an adverse opinion on FY26 financial results.
• ⚠️ Auditor cited going-concern concerns and closed business activity.
• ⚠️ Banks and financial institutions classified dues as NPAs.
• ⚠️ Fixed assets block is zero after lender-led sale of assets and inventory.
• ⚠️ Trade receivables, payables and advances remain subject to reconciliation and impairment review.
• ⚠️ Unpaid dividend of Rs 20,265 was due for transfer to IEPF.

Business model

• 🗒️ Advance Syntex Limited is a standalone listed company.
• 🗒️ The document indicates business activity was closed during FY26.

FY26 results

• 📊 Revenue from operations was nil in Q4 and FY26.
• 📊 Total income was nil in Q4; FY26 other income was ₹14.97 lakh.
• 📊 FY26 loss before tax was ₹60.34 lakh, versus ₹1,841.56 lakh last year.
• 📊 FY26 loss after tax was ₹60.34 lakh, versus ₹1,841.56 lakh last year.
• 📊 Basic and diluted EPS were -₹0.54 for FY26, versus -₹16.59 last year.

Quarterly performance

• 📊 Q4 FY26 total income was nil, versus ₹0.18 lakh in Q3 FY26.
• 📊 Q4 FY26 loss before tax was ₹1.41 lakh, versus ₹2.22 lakh in Q3 FY26.
• 📊 Q4 FY26 loss after tax was ₹1.42 lakh, versus ₹2.22 lakh in Q3 FY26.
• 📊 Q4 finance cost was ₹0.10 lakh and other expenses were ₹1.31 lakh.

Balance sheet

• 📊 Total assets were ₹1,250.01 lakh at 31 March 2026.
• 📊 Trade receivables were ₹994.16 lakh, versus ₹1,028.20 lakh last year.
• 📊 Cash and cash equivalents were ₹7.39 lakh.
• 📊 Equity remained negative at ₹1,302.32 lakh, with other equity of ₹2,412.03 lakh negative.
• 📊 Non-current borrowings were ₹687.84 lakh; current borrowings were ₹1,707.68 lakh.

Cash flow

• 📊 Operating cash flow was ₹36.20 lakh in FY26.
• 📊 Sale of fixed assets generated ₹520.00 lakh in investing cash flow.
• 📊 Cash and cash equivalents increased by ₹0.20 lakh during FY26.

Audit and risks

• ⚠️ Auditor issued an adverse opinion on FY26 financial results.
• ⚠️ Auditor cited closed business activity and non-sustainable going concern.
• ⚠️ Banks classified dues as NPA and stopped charging interest.
• ⚠️ Fixed assets block is zero after lender-led sale of land, plant, and inventory.
• ⚠️ Trade receivables, payables, and advances remain subject to reconciliation and impairment.

Other notes

• 🗒️ No employee remained in the company during FY26.
• 🗒️ Unpaid dividend of ₹20,265 was pending transfer to IEPF.
• 🗒️ Board approved audited standalone financial statements on 21 May 2026.

Business

• Advance Syntex Limited is a textile-related company.
• The document indicates business activity has been closed.
• The company reported standalone audited results for quarter and year ended 31 March 2026.