Submission of the Financial Results for the Quarter and nine months ended on 31st December,2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chandrima Mercantiles, a small trading company dealing in agriculture products, posted strong nine-month FY26 results, with revenue from operations at Rs 73.56 crore versus Rs 20.43 crore in the same period last year, a jump of roughly 260%. Net profit for the 9 months was Rs 5.06 crore versus Rs 1.72 crore, nearly tripling year-on-year. Basic EPS for the nine months stood at Rs 1.75 against Rs 0.57 earlier. However, the standalone Q3 quarter was extremely weak, with revenue of just Rs 11.79 lakh versus Rs 6.09 crore in Q3 FY25. The statutory auditor issued a Qualified Opinion flagging that balance confirmations for trade receivables, trade payables, and loans/advances were not obtained, and that no audit evidence was provided for investments. An Emphasis of Matter was also added noting that the closing stock calculation was only certified by management. The company also restated the face value of its equity shares (from Rs 10 to Rs 1) after an inadvertent error in the Q2 filing.
The 9-month numbers look strong on paper, but shareholders should be cautious. The auditor's qualified opinion highlights gaps in verification of receivables, payables and investments, which are material red flags on data reliability. The near-zero Q3 standalone revenue suggests business activity is highly uneven across quarters, and the restatement of share face value, while corrected, adds to governance concerns for retail investors.