Integrated Filing (Financial) for the Quarter and Year ended on 31st March, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Corporate Merchant Bankers Limited reported total income of Rs. 662.91 lakhs for FY26, up 80.6% from Rs. 366.96 lakhs in FY25. Profit after tax grew to Rs. 244.46 lakhs from Rs. 216.26 lakhs in the prior year. However, the statutory auditor issued a Qualified Opinion citing three material concerns: cash salary payments of Rs. 24 lakhs without proper documentation, TDS deducted but unpaid to authorities, and unsecured loans of Rs. 8,187.74 lakhs taken without formal loan agreements or interest provisions. The company has negative operating cash flow of Rs. 5,459.87 lakhs. Management stated it has initiated corrective actions to address the audit observations. No dividend was recommended for FY26.
The qualified audit opinion with multiple material concerns signals governance and compliance risks. Negative operating cash flow combined with significant unsecured loans without proper documentation raises red flags for investors. The stock may face selling pressure due to audit qualification concerns.