Q1 FY27 results: auditor disclaims opinion; company filed for insolvency at NCLT
CEREBRAINT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cerebra reported Q1 FY27 revenue of Rs 32.28 lakhs, down about 82 percent year on year from Rs 179.05 lakhs. Net loss stood at Rs 645.61 lakhs versus Rs 1,410.13 lakhs a year ago. The auditor issued a disclaimer of conclusion on both standalone and consolidated results, citing material going concern doubts, Rs 142.60 crore stuck in trade receivables (mostly overdue over a year), Rs 100.28 crore overseas dues from Dubai entity overdue for 2 years, and the company filing a Corporate Insolvency Resolution Process application at NCLT Bengaluru on 15 June 2026.
Stock faces severe distress. Insolvency filing, revenue collapse and auditor disclaimer raise major shareholder risk; avoid until resolution path clarifies.