Audited Financial Results as on 31st March 2026.
Awaiting price reaction for this filing.
Techindia Nirman Ltd reported near-zero revenue from operations (Rs 0.34 lakhs) for FY2026, with a net loss of Rs 62.15 lakhs compared to a loss of Rs 82.70 lakhs in FY2025. The company has negative reserves of Rs 403.20 lakhs. The statutory auditor issued a Qualified Opinion due to: (1) non-accounting of accrued interest of Rs 6434.68 lakhs on borrowings from Agri-Tech India Ltd as the matter is sub-judice in Supreme Court, (2) uncertainty over recoverability of Rs 5320.70 lakhs in advances for real estate development, and (3) non-compliance with SEBI LODR including Board composition requirements. The company was under CIRP which was set aside by NCLAT, and the matter is now pending in the Supreme Court. Cash flow from operations was negative at Rs 449.73 lakhs. The previous auditor resigned on 11th February 2026 and a new auditor was appointed.
The stock faces extreme risk due to ongoing CIRP litigation, qualified audit opinion, near-zero revenue, negative reserves, and Supreme Court proceedings creating material uncertainty about the company's ability to continue as a going concern. Shareholders should be aware of significant financial and legal risks.