Cerebra Integrated Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
CEREBRAINT · price
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Cerebra Integrated Technologies reported Q1 FY26 revenue from operations of ₹179.05 lakhs, a steep ~82% fall from ₹1,017.27 lakhs in Q1 FY25, and a net loss of ₹1,410.13 lakhs (standalone) versus a loss of ₹1,063.51 lakhs a year ago. The results include an exceptional item of ₹954.79 lakhs towards devaluation of E-waste inventory. The statutory auditor YCRJ & Associates issued a Disclaimer of Conclusion, flagging material uncertainties about the company's ability to continue as a going concern due to sustained operating losses, reduced workforce, shut-down of refurbishment operations, eroded net worth, and trouble meeting current liabilities and tax dues. The auditor also raised concerns over unverified inventory, ₹143.21 crore of trade receivables (₹142.71 crore overdue over 1 year) with limited provisioning, ₹100.28 crore stuck with an overseas party (Cerebra Middle East, Dubai) overdue over 2 years, and loans to a subsidiary whose net worth is fully eroded. The company separately disclosed total financial indebtedness of ₹23 crore with defaults. The board also approved the re-appointment of YCRJ & Associates as statutory auditors and appointed a new secretarial auditor, both for 5-year terms.
This is a deeply negative filing — collapsing revenues, widening losses, an auditor disclaimer citing going-concern doubt, and large doubtful receivables suggest serious solvency and business continuity risks for shareholders. Investors should treat the stock as high-risk; further declines in price or possible regulatory/delisting action cannot be ruled out given the severity of the auditor's concerns.