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BHARATIDILNSEBharati Defence and Infrastructure LimitedHighNeutral
Announced Wed, 12 Nov, 2025 · 12:17 IST

Bharati Defence files Q1 FY26 results plus backlog of past quarters

Going-concern doubtEmphasis of matterResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Bharati Defence filed Q1 FY26 results along with a backlog of past quarterly results from June 2017 to March 2024. The new auditor AK Kocchar and Associates, appointed January 2025, explicitly stated it did NOT conduct a proper review and gave no assurance on accuracy or completeness of the numbers. The company was in IBC liquidation until June 2024, statutory audit for FY20 was never done, and reserves are negative at about Rs 4.98 lakh crore. AGM set for September 19, 2025.

Likely market impact

Severe going concern risk. Auditor gave no assurance on accuracy. Extremely high risk stock - only for very risky investors.