As per PDF attached
Awaiting price reaction for this filing.
Sankhya Infotech's board approved a massive backlog of financial results on Jan 30, 2026 - covering Q1 FY23 through FY25, all filed years late. The company has been under Corporate Insolvency Resolution Process (CIRP) since July 2021, with the NCLT-approved Resolution Plan implemented in June 2022, which extinguished promoter holdings, cut public shareholders by 95% (1 share for every 20 held), and merged Gwebitsol Pvt Ltd into the company. The company reports zero revenue from operations across all periods shown, with consistent losses - FY23 net loss of Rs. 524 lakhs, and quarterly losses of Rs. 128-162 lakhs. Operating cash flow was deeply negative at Rs. (2,774) lakhs for H1 FY23. A new auditor, N G Rao & Associates, was appointed on Oct 31, 2025 after the previous auditor's signing partner passed away, further delaying finalization.
This is a deeply distressed stock with no operating revenue, ongoing losses, and a history of insolvency proceedings. The massive backlog filing suggests serious corporate governance and disclosure delays. Shareholders face extreme dilution risk and should monitor whether the new management under the Resolution Plan can revive operations - current financial profile shows the business is not commercially active.