Announced Mon, 1 Jun, 2026 · 15:37 IST
Astron Paper FY26 results with auditor disclaimer; insolvency underway
Going ConcernEmphasis Of MatterRevenue DeclinePat NegativeAuditor Mid Year ChangeEbitda Margin CompressionResults View source PDFExplain this filing
ASTRON · price
▲ 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
+1.8%1-day move
₹3.95
prior close
₹3.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-1.3+1.8+1.3-0.3-3.0-4.1-2.0+0.3+0.3-1.8-24.1
Up moveDown movePending
AI summary
Astron Paper FY26 revenue crashed 97% to Rs 2.79 crore (FY25: Rs 95.95 crore), with a net loss of Rs 19.45 crore narrowing from Rs 52.30 crore. Both plants remain shut since September 2024. NCLT admitted an insolvency petition on May 11, 2026, and an Interim Resolution Professional has taken over the board. Auditor H K Shah and Co issued a Disclaimer of Opinion, citing material going concern doubts, bank loans of Rs 87.61 crore classified as NPA, and active SARFAESI recovery by lenders.
Likely market impact
Severe distress; insolvency resolution underway. Shareholders face high uncertainty on recovery and stock value.