Announced Mon, 10 Aug · 17:37 IST
Q1 FY27 results with adverse auditor conclusion on major issues
Adverse OpinionQualified OpinionRevenue DeclinePat NegativeExceptional ItemContingent Liabilities IncreasedResults View source PDFExplain this filing
ENERGYDEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹16.21
prior close
₹16.31
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+1.5—+3.6+0.9+4.5+0.6+3.0+3.0————
Up moveDown movePending
AI summary
Standalone revenue fell to Rs. 68.88 lakhs (vs Rs. 796.64 lakhs YoY) with net loss of Rs. 238.08 lakhs. Auditor issued adverse conclusion citing Rs. 2,929 lakhs unrecovered subsidiary loans, Rs. 5,600 lakhs impairment not recognized, doubtful receivables, and Income Tax demands of Rs. 18,939 lakhs plus interest and penalty of Rs. 24,047 lakhs. Two subsidiaries and one associate remain unconsolidated since 2022.
Likely market impact
Adverse auditor report highlights serious unresolved issues. Massive tax liabilities and subsidiary problems raise going concern doubts; stock likely to react negatively.