Quadrant Televentures Ltd (511116)
🎯 Key Takeaways
- Quadrant Televentures Ltd is currently in a critical phase of insolvency resolution under the IBC, with its operations suspended under CIRP and board powers held by the Resolution Professional. Despite a recent narrowing of net loss to ₹2,330.
- Revenue declined 1.6% QoQ to ₹50 in Q1FY27.
- ⚠️ 1) Ongoing insolvency proceedings with unresolved legal and regulatory challenges, including penalties for non-compliance and qualified audit opinions
- Market Cap
- ₹53
- P/B Ratio
- -0.03
- ROE
- 0.4%
- ROCE
- -1.4%
- Debt/Equity
- -0.36
- Promoter
- 1.9%
📖 The Story
Quadrant Televentures Ltd is currently in a critical phase of insolvency resolution under the IBC, with its operations suspended under CIRP and board powers held by the Resolution Professional. Despite a recent narrowing of net loss to ₹2,330.18 Lakhs from ₹27,629.07 Lakhs YoY, the company remains financially distressed with negative ROE and ROCE, and no dividend payouts due to accumulated losses. Governance concerns persist, including disqualified directors, delayed appointments, and regulatory non-compliance, while shareholding remains highly dispersed with minimal promoter and FII interest.
📰 What's Happening
The company submitted its approved resolution plan to the NCLT Mumbai Bench on August 27, 2026, marking a pivotal step toward exiting insolvency and restoring creditor recoveries. This follows full approval (100%) of all resolutions at the 15th Committee of Creditors meeting on August 25, 2026, including provisions for shorter notice periods. These developments reflect structured progress in the insolvency process, though no timeline or conditions for approval have been disclosed.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 52 | 51 | 51 | 50 |
| Operating Profit | 4 | 5 | 5 | 3 |
| OPM % | 6.9% | 9.3% | 10.7% | 6.1% |
| Net Profit | -17 | 2 | 6 | 3 |
| EPS | ₹-0.27 | ₹0.03 | ₹0.09 | ₹0.05 |
Quarterly revenue has remained relatively stable around ₹50–52 Lakhs over the last four quarters, but profitability is highly volatile, swinging from a loss of ₹17 Lakhs in September 2025 to a modest profit of ₹6 Lakhs in March 2026. Operating margins have fluctuated between 6.1% and 10.7%, indicating inconsistent cost control. Despite stable top-line performance, net losses persist, and the company has yet to demonstrate sustainable earnings recovery, underscoring the challenges of operating under insolvency with limited operational flexibility.
🔮 Management Outlook & What's Next
Management has not provided explicit forward guidance, timelines, or recovery targets in the latest annual report or voting results filings. While the submission of the resolution plan signals intent to restructure and exit CIRP, there is no public roadmap for operational revival, revenue growth, or margin improvement. The absence of strategic commentary or performance targets suggests limited visibility into near-term execution or recovery prospects.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2016 |
|---|---|
| Equity Capital | 61 |
| Reserves | -1,757 |
| Borrowings | 604 |
| Total Liabilities | 610 |
| Fixed Assets | 448 |
| Investments | 0 |
| Total Assets | 610 |
The balance sheet as of March 2016 shows a fragile capital structure with total assets of ₹610 Lakhs funded by ₹61 Lakhs of equity and ₹604 Lakhs of borrowings, resulting in a negative net worth due to ₹1,757 Lakhs in reserves. This confirms long-term financial distress and over-leverage. Ongoing insolvency proceedings suggest asset sales or debt restructuring are likely, but no capital allocation strategy or investment plans have been disclosed to restore financial stability.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2016 |
|---|---|
| Operating | +165 |
| Investing | -136 |
| Financing | -24 |
| Net Cash Flow | +5 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 1.9% | 1.9% | 1.9% | 1.9% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 12.4% | 12.4% | 12.4% | 12.4% |
| Public | 64.5% | 64.3% | 64.2% | 64.7% |
| # Shareholders | 75,833 | 74,362 | 73,540 | 73,536 |
Shareholding remains highly diluted and passive, with promoters holding just 1.85% and FIIs completely absent. Institutional ownership stands at 12.41% via DIIs, with minimal movement over the past year, indicating lack of confidence or interest from major investors. The dematerialized shareholding base of over 73,000 shareholders reflects retail fragmentation but no signs of activist or strategic investor accumulation.
⚖️ Peer Comparison — Telecom-Service
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BHARTIARTL | 11.08 L Cr | 36.2 | 26.2% | — | 0.82 |
| IDEA | 1.46 L Cr | 3.9 | 51.1% | — | -4.18 |
| BHARTIHEXA | 70,335 | 38.6 | 30.3% | — | 0.38 |
| TATACOMM | 47,146 | 49.8 | 15.2% | — | 3.07 |
| TTML | 6,887 | — | -0.7% | — | -0.75 |
| STLNETWORK | 2,411 | — | 0.5% | — | 0.90 |
| HATHWAY | 1,669 | 22.4 | 2.4% | — | 0.00 |
| MTNL | 1,462 | — | -0.6% | — | -1.18 |
| ONMOBILE | 542 | — | -6.2% | — | 0.11 |
| RCOM | 241 | — | -0.1% | — | -0.52 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Ongoing insolvency proceedings with unresolved legal and regulatory challenges, including penalties for non-compliance and qualified audit opinions. 2) Persistent net losses and negative financial ratios despite stable revenue, indicating structural unviability. 3) Governance weaknesses, including director disqualifications and lack of remuneration, raising concerns about operational continuity. 4) Absence of credible recovery plans or timelines, leaving equity value contingent on uncertain NCLT approval of the resolution plan.
📋 Recent Filings
- 🟡 Board Meeting2026-09-29Quadrant Televentures Ltd held its 79th AGM on September 29, 2026, under Corporate Insolvency Resolution Process (CIRP) initiated September 2, 2025. S…
- Announcement2026-09-25Quadrant Televentures Ltd has closed its insider trading window effective October 1, 2026, covering designated persons and their relatives until 48 ho…
- 🔴 Announcement2026-09-23Quadrant Televentures Ltd, under Corporate Insolvency Resolution Process since September 2, 2025, has scheduled its 16th Committee of Creditors meetin…
- 🟡 Board Meeting2026-08-31Quadrant Televentures Ltd's 79th AGM is scheduled for September 29, 2026, with e-voting from September 26 to 28. The company remains under Corporate I…
- 🔴 annual report2026-08-31Quadrant Televentures Ltd (BSE: 511116) filed its 2025-26 Annual Report on August 31, 2026, confirming it remains under Corporate Insolvency Resolutio…
- 🔴 Announcement2026-08-27Quadrant Televentures Ltd has formally submitted its approved resolution plan to the NCLT Mumbai Bench under the IBC, marking a critical step toward e…
- 🟡 voting results2026-08-27Quadrant Televentures Limited, under Corporate Insolvency Resolution Process, held its 15th Committee of Creditors meeting on August 25, 2026, where a…
🧠 Analyst's Read
The company is navigating a high-risk insolvency process with no guaranteed path to recovery, and equity value remains speculative pending NCLT approval of the resolution plan. Investors should monitor legal updates and creditor recovery outcomes, as any restructuring success could theoretically restore value, but significant uncertainty and governance risks persist.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts for your stocks — summarized by AI daily
Set up your AI Radar — pick stocks, get daily email summaries of new filings.
Set up AI Radar — FreeFree account · 2 AI queries/day