Standard Shoe Sole & Mould India reported a standalone net loss of ₹4.24 lakh for the quarter ended March 2026, representing an improvement from the net loss of ₹6.21 lakh recorded in the corresponding quarter of the previous year. According to the latest financial disclosures, the company maintained zero sales during both the current quarter and the same period last year, indicating no operational revenue generation. Total expenses for Q4 FY26 stood at ₹4.24 lakh, comprising employee benefit expenses of ₹0.75 lakh and other expenses of ₹3.49 lakh.
For the full financial year ended March 2026, the company reported a net loss of ₹11.61 lakh, showing a significant improvement from the net loss of ₹18.56 lakh recorded in the previous financial year ended March 2025. As reported in the audited financial results approved by the board on May 28, 2026, the company maintained zero sales throughout both the current and previous financial years, reflecting continued absence of operational revenue. Earnings per share (basic) for FY26 were reported at (0.22), an improvement from (0.36) in the prior year. The company's paid-up equity share capital remained constant at ₹518.15 lakh.
The company's cash flow statement indicates a net increase in cash and cash equivalents of ₹1.47 lakh for FY26, bringing the closing balance to ₹1.56 lakh. This was primarily driven by financing activities, which included short-term loans from directors amounting to ₹14.05 lakh. Cash used in operating activities was ₹12.58 lakh. Reserves excluding revaluation reserve stood at (₹609.13 lakh) as of March 31, 2026, compared to (₹597.52 lakh) in the previous year. The board meeting, which commenced at 12:30 p.m. and concluded at 4:10 p.m., also reviewed compliance with SEBI regulations.
According to latest market data, Standard Shoe Sole & Mould India has a market capitalization of ₹9.17 crore with a profit of -₹0.12 crore. The company shows a low interest coverage ratio and promoter holding has decreased by 0.43% over the last quarter, with current promoter holding at 7.67%. The company's debtor days increased to 2,488.64 in FY26 from previous levels, indicating challenges in working capital management. The company's operating profit margin (OPM) remains negative at -31.82%, reflecting ongoing operational challenges despite the improved financial performance.
