Outcome of Board Meeting
AAATECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AAA Technologies reported audited FY2026 results with revenue of Rs 2,180.26 lakh, down 19% from Rs 2,702.51 lakh in FY2025. Profit before tax fell to Rs 276.03 lakh (vs Rs 470.07 lakh, down 41%), and PAT declined to Rs 206.29 lakh (vs Rs 351.03 lakh). Basic EPS was Rs 1.61 versus Rs 2.74 prior year. The Board deferred the dividend decision to a subsequent meeting before the AGM. The company appointed S P M L & Associates as new statutory auditors for FY2026-27. The auditors issued a qualified opinion due to non-provision for gratuity liability under new labour laws (impact unquantified) and the company's practice of recognizing revenue inclusive of GST. A retrospective salary increment of Rs 115.64 lakh was provided for employees. The company advanced Rs 1,842.09 lakh as inter-corporate deposit at 9.5% interest, significantly reducing cash reserves from Rs 2,185 lakh to Rs 387 lakh.
The stock may face pressure due to declining revenue and profit, qualified audit opinion, and cash outflows to inter-corporate deposits. Deferred dividend adds uncertainty. Management will change GST-inclusive accounting policy from Q1 FY27.