BKM Industries Files Delayed December 2022 Results Amid Insolvency

BKM Industries filed its delayed Dec 2022 results to meet SEBI rules, but the company remains shut, with zero revenue, a modest loss and a fragile balance sheet.

• The unaudited standalone and consolidated statements for the quarter ended 31 Dec 2022 were submitted on 28 Mar 2026 after a Corporate Insolvency Resolution Process (CIRP) was approved by the NCLT.
• With all manufacturing plants closed, the firm recorded ₹0 of operating revenue and a net loss of ₹54 lakh (EPS ‑0.08).
• Balance‑sheet stress is evident: ₹17,902 lakh in assets versus ₹16,652 lakh in liabilities, of which ₹12,411 lakh are short‑term borrowings; cash & cash equivalents sit at only ₹17 lakh.
• Cash‑flow statements show a ₹‑72 lakh operating cash outflow, a ₹‑350 lakh investing outflow (mainly fixed‑deposit maturity), and a ₹418 lakh net financing inflow from short‑term borrowing activity.
• The filing satisfies regulatory listing requirements but does not signal a business restart; liquidity pressure, the ongoing shutdown, and high leverage remain the chief risks, while any turnaround hinges on debt restructuring, asset sales or fresh capital under the approved resolution plan.