Appointment of Secretarial Auditor for FY 2025-26.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ChEmkart India Limited reported audited FY 2025-26 results with consolidated revenue of Rs. 21,482.91 lakh, up 5.7% from Rs. 20,327.85 lakh in FY 2024-25. The company raised Rs. 6,448 lakh through its IPO listed on BSE SME platform in July 2025. Total assets grew to Rs. 15,671.06 lakh and consolidated net worth strengthened to Rs. 12,972.98 lakh. However, operating cash flow turned negative at -Rs. 344.96 lakh (standalone) due to higher working capital deployment for inventory build-up and advance orders. The Board appointed new internal and secretarial auditors. Auditors highlighted a pending customs litigation of Rs. 1,474.26 lakh shown as recoverable, with no provision made, though they issued an unmodified opinion on the financial results.
Positive revenue growth and strengthened balance sheet post-IPO are encouraging, but negative operating cash flow and the unresolved customs duty dispute of Rs. 1,474.26 lakh warrant monitoring. The auditors' emphasis of matter without modification suggests some uncertainty around the litigation outcome.