Audited Financial Results (Standalone and Consolidated) along with Auditor''s Report and declaration(s) under Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015 for the quarter and financial ....
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Assam Entrade Limited reported FY2026 standalone total revenue of ₹3,547.55 Lakhs, up 15.6% from ₹3,069.51 Lakhs in FY2025. However, profit after tax declined 26.6% to ₹280.20 Lakhs from ₹382.02 Lakhs previously. Q4 FY26 showed a loss of ₹51.19 Lakhs despite higher quarterly revenue of ₹2,070.96 Lakhs. The auditors issued an unmodified opinion but included two 'Emphasis of Matter' notes: (1) investments classified at amortized cost without fair value measurement, and (2) the company has not adopted Expected Credit Loss (ECL) approach for loans which constitute 80.40% of total assets, continuing with an incurred loss provisioning method instead. Operating cash flow was negative at ₹205.98 Lakhs. New short-term borrowings of ₹200 Lakhs were taken during the year.
The profit decline and negative Q4 earnings may concern shareholders. More importantly, the auditor's emphasis on non-adoption of ECL provisioning for loans representing over 80% of assets signals potential credit risk understatement. The negative operating cash flow adds further caution.