Cerebra Integrated Technologies Ltd (CEREBRAINT)
🎯 Key Takeaways
- Cerebra Integrated Technologies Ltd is currently in a distressed phase, marked by persistent losses, negative cash flows, and formal insolvency proceedings initiated by the company itself. The firm has transitioned from a hardware-focused IT solutions provider to a financially fragile entity with negligible revenue and mounting operational setbacks.
- Revenue declined 71.9% QoQ to ₹0 in Q1FY27.
- ⚠️ The company has an ongoing NCLT insolvency petition filed on June 15, 2026, with no resolution plan disclosed, raising the risk of forced asset sale o
- Market Cap
- ₹33
- P/B Ratio
- 0.35
- ROE
- -68.7%
- ROCE
- -51.5%
- Debt/Equity
- 0.47
- Promoter
- 0.8%
📖 The Story
Cerebra Integrated Technologies Ltd is currently in a distressed phase, marked by persistent losses, negative cash flows, and formal insolvency proceedings initiated by the company itself. The firm has transitioned from a hardware-focused IT solutions provider to a financially fragile entity with negligible revenue and mounting operational setbacks. Management has acknowledged going concern doubts, and the company’s financial trajectory reflects a downward spiral rather than recovery or restructuring momentum.
📰 What's Happening
The most critical development was the Board's approval of unaudited Q1 FY26 results revealing a net loss of ₹645.61 lakhs and the filing of an NCLT insolvency petition on June 15, 2026, citing significant operational losses and going concern concerns. This follows an Extraordinary General Meeting on June 6, 2026, where shareholders were presented with the option to initiate a Corporate Insolvency Resolution Process under Section 10 of the IBC. The company has also disclosed delays in debt recoveries and is preparing for its 32nd AGM on September 29, 2026 via video conferencing. These actions signal a company in crisis, actively engaging with insolvency frameworks rather than pursuing operational revival.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 1 | 0 |
| Operating Profit | -4 | -11 | -21 | -33 | -6 |
| OPM % | -244.7% | -483.7% | -2508.5% | -2920.2% | -1840.6% |
| Net Profit | -14 | -10 | -17 | -31 | -6 |
| EPS | ₹-1.26 | ₹-0.86 | ₹-1.50 | ₹-2.78 | ₹-0.58 |
Revenue has collapsed from ₹2 crore in September 2025 to nearly zero (₹0) in June 2026, with operating losses deepening and margins turning increasingly negative — OPM reached -1840.6% in the latest quarter. Net profit has consistently remained negative, with EPS declining from ₹-1.26 in June 2025 to ₹-0.58 in June 2026, indicating worsening bottom-line pressure. Despite minor fluctuations in asset base, the company’s financials show no signs of stabilization, and the absence of revenue generation raises serious questions about sustainability. The financial deterioration aligns with management’s repeated acknowledgment of operational losses and insolvency concerns.
🔮 Management Outlook & What's Next
Management has not provided formal forward guidance on revenue recovery or operational turnaround. Instead, disclosures have focused on procedural updates related to insolvency filings and regulatory compliance. The repeated emphasis on NCLT petitions, AGM scheduling, and correction of XBRL errors suggests a shift from strategic growth to crisis management. There is no indication of a new business model or revenue driver under discussion, and management’s communication reflects a reactive rather than proactive stance.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 112 | 112 | 112 | 112 |
| Reserves | 53 | 69 | -19 | 29 |
| Borrowings | 40 | 40 | 44 | 41 |
| Total Liabilities | 258 | 321 | 189 | 233 |
| Fixed Assets | 12 | 9 | 11 | 12 |
| Investments | 0 | 0 | 0 | 0 |
| Total Assets | 258 | 321 | 189 | 233 |
The balance sheet shows a stable equity base of ₹112 crore but a declining trend in reserves and assets, indicating no meaningful capital infusion or retained earnings growth. Borrowings have slightly decreased from ₹41 to ₹44 crore over recent periods, but this does not reflect deleveraging — rather, it underscores limited access to fresh capital. The lack of significant asset growth or liability reduction suggests the company is not actively restructuring its capital base, and the shrinking asset base raises concerns about collateral value and ongoing viability.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +4 |
| Investing | +1 |
| Financing | -6 |
| Net Cash Flow | -1 |
👥 Shareholding Pattern
| Category | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 |
|---|---|---|---|---|
| Promoters | 0.8% | 0.8% | 0.8% | 0.8% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 75.8% | 75.3% | 75.8% | 75.7% |
| # Shareholders | 36,563 | 37,233 | 37,220 | 37,305 |
Institutional holding remains negligible, with FII and DII ownership consistently below 0.01% over the past four quarters, and promoter stake locked at 0.84% with no signs of increase. The shareholder base is dominated by a large number of small public shareholders (over 37,000), but there is no evidence of institutional accumulation or strategic interest. The lack of investor interest, combined with rising insolvency concerns, reinforces the perception of high risk and low confidence in the company’s prospects.
⚖️ Peer Comparison — IT - Hardware
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. The company has an ongoing NCLT insolvency petition filed on June 15, 2026, with no resolution plan disclosed, raising the risk of forced asset sale or restructuring. 2. Persistent net losses and negative operating cash flows threaten the company’s ability to sustain operations without external funding. 3. Revenue has collapsed to near-zero levels, with no visible path to recovery, indicating structural business decline. 4. The board’s acknowledgment of going concern doubts in regulatory filings confirms serious doubts about the company’s long-term viability.
📋 Recent Filings
- Announcement2026-09-28Cerebra Integrated Technologies Ltd announced that its trading window will close on 1 October 2026 and remain shut for 48 hours after the unaudited fi…
- 🔴 annual report2026-09-07Cerebra Integrated Technologies held its 32nd AGM on September 29, 2026, via video conference, confirming compliance with SEBI LODR and detailing e-vo…
- 🟡 Board Meeting2026-09-07Cerebra Integrated Technologies held its 32nd AGM on September 29, 2026 via video conference, adopting audited financial statements for FY2025-26 and …
- 🟡 Board Meeting2026-08-13The Board approved unaudited Q1 FY26 results showing a net loss of ₹645.61 lakhs and disclosed a 32nd AGM scheduled for September 29, 2026 via VC, whi…
- share transfer2026-07-17Cerebra Integrated Technologies Limited received a SEBI Regulation 74(5) certificate from KFIN Technologies Limited confirming compliance for the firs…
- Financial Results2026-06-24Cerebra Integrated Technologies Limited announced that its trading window will close on 1 July 2026 and remain closed for 48 hours after the unaudited…
- Announcement2026-06-16No summary available
- 🟡 Board Meeting2026-06-09No summary available
- 🟡 Board Meeting2026-06-06Cerebra Integrated Technologies held an Extraordinary General Meeting on June 6, 2026, to consider initiating a Corporate Insolvency Resolution Proces…
- 🔴 Announcement2026-06-03No summary available
🧠 Analyst's Read
Cerebra Integrated Technologies is navigating a critical inflection point with no clear recovery strategy in place. Investors should monitor developments in the NCLT proceedings and any potential resolution plan, as well as updates during the upcoming 32nd AGM. The company’s future hinges on whether insolvency proceedings lead to a viable restructuring or result in liquidation. Until then, the risk profile remains extremely high, and operational revival appears increasingly unlikely.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-29.
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.
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