
Burnpur Cement Limited Board Approves FY 2026 Results, Reappoints Auditors, and Designates Whole-time Director
Burnpur Cement Limited announced key approvals following its Board of Directors meeting held on May 18, 2026. The company approved its Audited Financial Results for the quarter and financial year ended March 31, 2026.At the meeting, the Board took three major operational decisions: approving the audited financial results, reappointing the Internal Auditors, and redesignating a key executive.
Management and Governance Decisions
The Board considered and approved the redesignation of Mr. Pawan Pareek (DIN 07125401). He was moved from the position of Executive Director and Chief Financial Officer (CFO) to Whole-time Director and CFO of the Company (not liable to retire by rotation). This designation is effective from May 18, 2026, and is set for a period of two years.Furthermore, the company approved the re-appointment of M/s KRGB & Associates LLP, Chartered Accountants, as the Internal Auditors for the financial year 2026-27.
In financial reporting, the company disclosed that M/s. Bhagi Bhardwaj Gaur & Co., Chartered Accountants, issued an Auditors Report with an unmodified opinion on the Audited Financial Results for the financial year ended March 31, 2026.
Financial Position and Results
The audited financial results provide a detailed snapshot of the company’s financial health for the year ended March 31, 2026.The Balance Sheet as of March 31, 2026, and March 31, 2025, shows the total assets stood at 207.95 (Audited) and 203.40 (Audited).
The equity and liabilities structure was reported as follows:
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Equity Share Capital | 1722.49 | 1,722.49 |
| Other Equity | -59084.95 | -51,163.34 |
| Sub Total Equity | -57362.46 | -49,440.85 |
| Provisions (Non-Current Liabilities) | 3265 | 2874 |
| Borrowings (Financial Liabilities) | 56257.45 | 48,382.01 |
| Trade Payables | 69.23 | 70.16 |
| Other Current Liabilities | 1152.59 | 1,157.84 |
| Total Equity and Liabilities | 207.95 | 203.40 |
The company's Statement of Assets and Liabilities also provided the following Key Ratios:
| Particulars | 31.03.2026 | 31.03.2025 | Change | % Change |
|---|---|---|---|---|
| Current Ratio | 0.002 | 0.003 | 0 | -9% |
| Debt Equity Ratio | 98 | -0.98 | 0 | 0% |
| Operating Profit Margin | 0 | 0.00 | 0 | 0% |
| Net Profit Margin | 0 | 0.00 | 0 | 0% |
| Interest Coverage Ratio | 3481 | 10090 | 10090 | 74% |
Operational and Cash Flow Details
The company reported that the total expenses for the quarter ended March 31, 2026, were 207412, compared to 201336 for the previous quarter. The total profit/loss after comprehensive income (after tax) for the year ended March 31, 2026, was (7921.62), against (4242.92) for the previous year.Cash flow data showed that Net Cash from Operating Activities for the year ended March 31, 2026, was (221.53), compared to (233.56) in the previous year.
In the past, the company disclosed that it discontinued its operation in entirety effective November 2023 after incurring continuous losses.
For the financial year ended March 31, 2026, the company's management concluded that it is not reasonably likely to meet its obligations in the normal course of business over the next 12 months, as it does not have a functional production unit currently. The management remains hopeful regarding exploring opportunities for mergers, acquisitions, or other strategic transactions to ensure the company continues as a Going Concern.
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