Bloom Dekor Limited's Board of Directors met on November 07, 2026 (from 11:30 AM to 03:40 PM) and approved the unaudited standalone financial results for the quarter ended September 30, 2026 along with the limited review report.

Financial Performance (Quarter Ended September 30, 2026)

  • Revenue From Operations: ₹84.28 lakh
  • Other Income: ₹0.14 lakh
  • Total Income: ₹84.42 lakh
  • Total Expenses: ₹143.74 lakh
  • Cost of materials consumed: ₹51.04 lakh
  • Employee benefit expense: ₹37.29 lakh
  • Finance Costs: ₹0.36 lakh
  • Depreciation and amortisation: ₹8.72 lakh
  • Other Expenses: ₹34.48 lakh
  • CIRP COST: ₹9.60 lakh
  • Loss before tax: ₹59.32 lakh
  • Tax Expense: ₹15.99 lakh (Deferred Tax Assets)
  • Net Loss for the quarter: ₹43.33 lakh
  • Earnings per share (Basic & Diluted): (₹0.37) per share
  • Paid-up equity share capital: ₹118.22 lakh (Face value: ₹10 per share)

Comparative Financials

Quarter Ended September 30, 2026 vs Previous Periods:

  • Revenue decreased to ₹84.42 lakh from ₹88.63 lakh in Q1 FY27 and ₹112.93 lakh in Q2 FY26
  • Net loss improved to ₹43.33 lakh from ₹35.38 lakh in Q1 FY27 but worsened from ₹18.16 lakh in Q2 FY26

Resolution Plan Implementation

The Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench:

  • Commenced Corporate Insolvency Resolution Process (CIRP) on October 11, 2023
  • Approved Resolution Plan on June 18, 2026 submitted by Dr. Sunil Gupta (erstwhile Promoter) with new Strategic Investor Mr. Karan Singh Surjit Singh Wilkhoo
  • Management and control transferred to the Investor
  • Dr. Sunil Gupta and family ceased to be promoter/promoter group
  • Resolution plan provided for fresh funds infusion through preferential allotment of equity shares after reduction of existing paid-up share capital
  • Company gave effect to the Approved Resolution Plan in its books during Q2 FY27
  • Necessary adjustments for extinguishment/restructuring of existing share capital, creditors and assets recognized through relevant reserves under Other Equity
  • Equity shares allotted to Successful Resolution Applicant: ₹1,113.78 lakh towards (i) funding of Resolution Plan and (ii) assignment and conversion of debt

Auditors' Qualified Opinion

Parikh & Majmudar, Chartered Accountants issued a qualified opinion noting:

  • As per approved resolution plan, company required to issue preference shares of ₹400 lakh against unsecured loan of erstwhile promoter Mr. Sunil Gupta
  • These preference shares have not been issued as of September 30, 2026
  • No formalities have been started for the preference share issuance
  • This constitutes a deviation from the terms of the approved resolution plan

Additional Information

  • Company has only one reportable segment: Laminate and Doors
  • No subsidiary, joint ventures or associate companies as of September 30, 2026
  • Financial results prepared in accordance with Indian Accounting Standards 34
  • Figures for corresponding previous period have been restated/regrouped for comparability
  • Audit Committee reviewed results on November 07, 2026

Balance Sheet Highlights (as of September 30, 2026)

  • Total Assets: ₹1,560.27 lakh
  • Share Capital: ₹1,516.68 lakh (increased from ₹685.00 lakh as of March 31, 2026)
  • Other Equity: (₹645.06) lakh (improved from (₹1,429.73) lakh)
  • Total Equity: ₹871.61 lakh (improved from (₹744.73) lakh)
  • Total Liabilities: ₹688.66 lakh

Cash Flow (April 1, 2026 to September 30, 2026)

  • Net cash used in operating activities: ₹296.65 lakh
  • Net cash used in investing activities: ₹0.13 lakh
  • Net cash from financing activities: ₹541.43 lakh
  • Net change in cash: ₹244.65 lakh