Annual Report for the Financial Year 2025-2026 of the Company
Awaiting price reaction for this filing.
Adjia Technologies Limited, listed on the BSE Startups Platform, has filed its 11th Annual Report for FY 2025-26. The company, which operates in the AR/VR and 360° content solutions space, reported revenue from operations of essentially nil (down from ₹23.90 lakhs in FY25), marking a near-total collapse in business. Total expenses stood at ₹16.69 lakhs, resulting in a loss before tax of ₹16.67 lakhs (worse than the ₹8.17 lakh loss in FY25) and a net loss of ₹12.50 lakhs, compared to a profit of ₹5.35 lakhs in the previous year. The board proposed no dividend and noted that no changes were made to share capital. Additionally, statutory auditor M/s Piyush Kothari & Associates resigned during the year, and M/s Shubham D Jain & Co. was appointed to fill the casual vacancy, with reappointment for a five-year term being proposed at the upcoming AGM on June 30, 2026.
Shareholders should note that the company has slid into losses with effectively zero operating revenue, raising serious concerns about its ability to continue as a going concern and justifying the auditor change. The stock remains thinly traded on the BSE Startups Platform and is likely to face continued pressure given the deteriorating fundamentals.