शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
ERAINFRANSEEra Infra Engineering Limited· ConstructionHighNeutral
Announced Wed, 12 Aug, 2026 · 19:34 IST

Era Infra Q1 FY27 results filed; auditor flags qualified opinion

Going ConcernQualified OpinionDebt Equity ThresholdResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Era Infra Engineering submitted unaudited Q1 FY27 results (quarter ended June 30, 2026) for both standalone and consolidated accounts. Auditor R.C. Chadda and Co. issued a qualified conclusion on the consolidated results, flagging two key issues: (1) financial information not available for certain subsidiaries, including Dehradun Highways Project which is under liquidation, and (2) non-recognition of interest on borrowings classified as NPA and recalled by lenders, which would have increased losses and liabilities by an unascertainable amount. Q4 FY26 figures are balancing figures derived from audited annual statements.

Likely market impact

Serious red flags: NPA loans, recalled credit facilities, and a subsidiary under liquidation point to financial distress and possible going concern risk.