BSEAmarnath Securities LtdMediumNeutral
Announced Fri, 13 Feb · 18:04 IST

Results for quarter ended 31st December 2025

Qualified OpinionAuditor Mid Year ChangeRevenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amarnath Securities reported Q3 FY26 revenue of Rs. 9.59 lakhs (vs Rs. 9.80 lakhs in Q3 FY25) and profit after tax of Rs. 4.17 lakhs (vs Rs. 4.36 lakhs YoY). For the nine months ended December 2025, total revenue fell to Rs. 28.58 lakhs from Rs. 29.32 lakhs a year earlier, and PAT declined to Rs. 12.41 lakhs from Rs. 14.27 lakhs. EPS for the quarter stood at Rs. 0.14. The statutory auditor issued a qualified conclusion, flagging that the company is in a transition phase of management change, with income, finance costs and expenses recorded on balances that are subject to confirmation and supported by inadequate documentation. A new auditor (H K Shah & Co.) was appointed in February 2026 to fill the casual vacancy left by the resignation of the previous auditor on February 3, 2026.

Likely market impact

Shareholders should note the qualified auditor opinion, the mid-year auditor change, and the recurring weak documentation and balance-confirmation issues, which together point to governance and internal control risks. Combined with the year-on-year decline in both revenue and profit, these factors may weigh on investor confidence despite the company remaining profitable on paper.