Pursuant to Reg 30 and 33 of SEBI (LODR) Regulations, 2015, we wish to inform that the Board at its Meeting held on Tuesday, May 26, 2026 have transacted the following business:1.Audited ....
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Bloom Industries reported FY2026 (year ended March 31, 2026) audited standalone results with total income declining 35% to Rs. 1,547.72 Lakhs from Rs. 2,373.91 Lakhs in FY2025. Despite the revenue decline, net profit after tax grew significantly to Rs. 115.32 Lakhs (up 133%) from Rs. 49.44 Lakhs previously, with EPS at Rs. 1.74. The statutory auditor issued an unmodified (clean) opinion but included an 'Other Matter' paragraph drawing attention to statutory defaults — the company has not filed GST returns since May 2025 (GST registration was suo motu cancelled on December 6, 2025), and has not deposited TDS or filed TDS returns for the entire financial year. The auditor warns of potential material financial exposure from unrecorded statutory liabilities including interest, late fees, and risk of Input Tax Credit becoming time-barred. Operating cash flow deteriorated sharply to negative Rs. 127.40 Lakhs from positive Rs. 874.91 Lakhs in the prior year. The board also noted completion of internal auditor tenure (M/s Pawan Shyam Associates) and appointed Mrs. Puja Shaw as Company Secretary & Compliance Officer.
The statutory default disclosures (GST cancellation, TDS non-compliance) represent significant regulatory risk and potential penalties, while the sharp swing to negative operating cash flow raises liquidity concerns despite improved profitability. The auditor's Emphasis of Matter on unrecorded liabilities is a caution flag for shareholders.