Q2 FY26 results filed with qualified opinion; CIRP continues

Qualified OpinionEmphasis Of MatterPat NegativeExceptional ItemNegative Operating CashflowDebt Equity ThresholdResults View source PDF

ANSALAPI · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

-3.6%1-day move

₹3.29

prior close

—

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-3.6-5.5-7.3-9.1—-12.2-23.1-14.0——

Up moveDown movePending

AI summary

Company filed unaudited Q2 FY26 results (Sept 2025) along with several past period results. Auditor issued qualified opinion noting about Rs 3,005 lakh unrecognised interest on NPA loans and 61 of 89 unaudited subsidiaries. Standalone net loss is Rs 1,62,916 lakh with negative net worth of minus Rs 1,81,621 lakh. Company remains under CIRP now confined to Lucknow and Rajasthan projects. No dividend recommended for FY25. SOP fine imposed for late filing.

Likely market impact

Negative net worth, qualified audit and ongoing insolvency process signal serious financial distress for shareholders.