BSEAvenique LtdHighNeutral
Announced Thu, 15 Oct, 2026 · 18:36 IST
Avenique Q2 FY27 results: auditor issues qualified review with caveats
Qualified OpinionEmphasis Of MatterAuditor Mid Year ChangeRevenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Avenique (formerly KDJ Holidayscapes) reported Q2 FY27 results. Standalone revenue rose to 133.20 lakh from 73 lakh, but H1 swung to a 12.02 lakh loss from a 20.18 lakh profit. Auditor J M Patel and Bros issued a qualified opinion, flagging unverified investments of 8.93 crore, unconfirmed liabilities of 3.88 crore, and unsubstantiated deferred tax assets of 52.09 lakh. Auditor was appointed in July 2026 filling a casual vacancy after predecessor resigned. BSE trading approval still pending.
Likely market impact
Weak numbers with auditor qualifications flag serious record-keeping concerns. Stock still cannot trade on BSE. Material risk for shareholders.