Board meeting outcome for audited financial results for the quarter and year ended 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dharani Finance Limited reported audited results for FY2026 with total income of Rs. 139.81 Lakhs (down from Rs. 142.43 Lakhs in FY2025) and profit after tax of Rs. 55.46 Lakhs (down from Rs. 83.79 Lakhs in previous year). The company declared EPS of Rs. 1.11 per share versus Rs. 1.68 in FY2025. Critically, the statutory auditors (Srivatsan & Associates) issued a QUALIFIED OPINION citing significant concerns including an unpaid Inter Corporate Deposit of Rs. 200 Lakhs given to Aryav Exports Private Limited in July 2017 with no interest received to date. The auditors stated there is significant doubt on the company's ability to continue as a going concern and that had provisions been made, the company's net owned funds would fall below RBI-mandated minimums for NBFC operations. The board also reappointed R Balachandran & Co as internal auditors for FY2026-27.
The qualified audit opinion with going concern doubts represents a serious red flag for shareholders. The company may need capital infusion to meet RBI NBFC norms, and continued uncertainty around recovery of the Rs. 200 Lakhs ICD creates additional financial risk. The stock could face selling pressure due to these governance and compliance concerns.