Announced Fri, 29 May · 16:17 IST

Audited Financial Results for the quarter and year ended on March 31, 2026

Qualified OpinionPat NegativeRevenue DeclineDebt Equity ThresholdGoing ConcernResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Datiware Maritime Infra Ltd (formerly Ruia Aquaculture Farms Ltd) reported total revenue of Rs 40.33 lakhs for FY2026, down from Rs 43.73 lakhs in the prior year — a marginal decline. The company posted a net loss of Rs 45.60 lakhs, essentially unchanged from the prior year's loss of Rs 45.58 lakhs. Total expenses stood at Rs 85.93 lakhs, with finance costs of Rs 51.28 lakhs being the largest component, reflecting high debt leverage. The company has negative net worth of Rs 781.26 lakhs, total liabilities of Rs 956.82 lakhs, and borrowings of Rs 890.75 lakhs. The auditors issued a qualified opinion for the second consecutive year, citing failure to enable audit trail (edit log) features in the accounting software throughout the year. Management stated the issue has no financial impact given the company's small turnover.

Likely market impact

The company is in a precarious financial position with negative equity, persistent losses, and high debt. A second-year qualified audit opinion raises governance concerns. Shareholders should be cautious as the stock faces significant going-concern risk.