Audited financial Results for the financial year ended on 31.03.2026.
Awaiting price reaction for this filing.
Arcotech Ltd reported severely distressed financials for FY2026 with near-zero revenue of Rs. 0.39 Lacs (down from Rs. 95.46 Lacs in FY2025). The company posted a net loss of Rs. 9,165.52 Lacs, slightly higher than the previous year's loss of Rs. 8,748.86 Lacs. The auditors issued a Qualified Opinion for the 6th consecutive time due to unprovided interest of Rs. 3,053.44 Lacs (net of tax) related to a restructuring proposal under consideration by lenders. The Statement on Impact of Audit Qualifications shows that adjusted total losses would be Rs. 12,218.96 Lacs if the qualification were accounted for. The company has negative equity of Rs. 38,213.23 Lacs and current liabilities far exceed current assets. Lenders have filed applications/notices including NCLT, DRT, and SARFAESI actions.
This is a critically distressed stock with severe going concern risks. The near-zero revenue, massive losses, negative equity, and repetitive qualified audit opinion make this an extremely high-risk investment. Shareholders face potential total value erosion.