Re - Appointment Cost Auditor
DENTA · price
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Denta Water and Infra Solutions reported audited standalone and consolidated financial results for FY2026 ending March 31. Total revenue grew 23% year-on-year to Rs 2,594.32 million from Rs 2,080.30 million, with profit after tax at Rs 608.44 million (up 15% from Rs 528.91 million). The company has an outstanding order book of Rs 7,277.76 million with 79 employees. Operating cash flow remained negative at Rs -344.27 million due to higher working capital requirements (increased inventories and other current assets). The Board re-appointed M/s SPML & Associates as Internal Auditor and M/s Girish G R & Associate as Cost Auditors for FY2026-27. Statutory auditors Maheshwari & Co issued unmodified opinions with only an Emphasis of Matter noting that trade receivables and payables balances are subject to confirmation.
Strong revenue growth of 23% reflects effective utilisation of IPO proceeds and project execution. However, negative operating cash flows and compressed margins (32% vs 35% last year) warrant monitoring. The clean audit opinion with no qualifications is positive for investor confidence.