1. Audited (Standalone and Consolidated) Financial Results the Quarter and Financial Year ended on March 31, 2026, Statement of Assets and Liabilities (Standalone and Consolidated) and ....
ASHIMASYN · price
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Ashima Ltd reported audited financial results for FY 2025-26 with an unmodified (clean) audit opinion from M/s Mukesh M. Shah & Co. Standalone total income was ₹1,227 Lacs (down from ₹1,341 Lacs in FY25), reflecting an 8.5% revenue decline. The company reported a net loss of ₹3,134 Lacs from continuing operations (vs loss of ₹1,888 Lacs in FY25), more than doubling the loss. Total comprehensive loss for FY26 was ₹2,164 Lacs. Operating cash flow was significantly negative at ₹4,094 Lacs (vs negative ₹1,935 Lacs in FY25). The company closed its cotton textiles operations previously and now operates in real estate, investment, and investment management segments. Share capital remained at ₹19,166 Lacs while other equity declined to ₹8,403 Lacs (from ₹10,702 Lacs) due to accumulated losses. The Board also reappointed M/s Dhirubhai Shah and Co LLP as internal auditors for FY 2026-27.
The company continues to be loss-making with widening losses and negative operating cash flow. Revenue declined year-on-year and equity has been eroded. Despite clean audit opinion with no going concern flag, the deteriorating financial performance and cash burn are concerns for shareholders.