ANTGRAPHICNSEAntarctica Limited· PackagingHighNeutral
Announced Wed, 13 Aug · 16:39 IST

Antarctica Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Adverse OpinionRevenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

ANTGRAPHIC · price

Loading chart…

▲ 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

Antarctica Limited submitted its unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). Revenue from operations jumped sharply to about ₹498.67 lakhs from roughly ₹13.97 lakhs in Q1 FY25 — a very large year-on-year jump. The company swung to a profit of ₹69.30 lakhs (EPS ₹0.04) versus a loss of ₹22.49 lakhs in the year-ago quarter, with full-year FY25 having closed at a loss of ₹32.33 lakhs. All revenue was earned from the Agriculture & Others segment. Segment EBITDA improved from negative ₹15.90 lakhs to positive ₹101.30 lakhs, showing a clear turnaround. However, the statutory auditor (Chandabhoy & Jassoobhoy) issued a disclaimer of opinion, citing multiple unresolved items: unreconciled GST input credit, unconfirmed trade receivables and payables, missing E-Way bills and delivery documentation for sales, no Goods Inward Register, unprovided bank statements and BRS, unsecured loans without documentation, and undisclosed MSME creditor classification.

Likely market impact

The headline turnaround from loss to profit looks strong on paper, but the auditor's disclaimer means the numbers cannot be fully relied upon — investors should treat the results with significant caution until the flagged items are resolved. This raises governance and reliability concerns that could weigh on the stock despite the apparent operational recovery.