FEDDERSHOLBSEFedders Holding LtdHighNeutral
Announced Fri, 29 May · 20:59 IST

Financial Results for the year ended 31.03.2026.

Qualified OpinionRevenue DeclinePat NegativeNegative Operating CashflowRelated Party TransactionsGoing ConcernResults View source PDF

FEDDERSHOL · price

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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

Fedders Holding Limited reported a standalone net loss of Rs. 57.14 lakh for FY2026, compared to a loss of Rs. 5.61 lakh in the previous year. On a consolidated basis, the company posted a net profit of Rs. 9,130.63 lakh, up from Rs. 3,771.13 lakh in FY2025, driven primarily by its wholly-owned subsidiary Fedders Electric and Engineering Limited. Consolidated revenue declined to Rs. 43,750 lakh from Rs. 45,606 lakh in the prior year. The statutory auditors issued an unmodified (clean) opinion on standalone results but issued a qualified opinion on consolidated results due to issues in the subsidiary, including untransferred IEPF amounts, improper fixed asset records, undocumented expenses, and recognition of Rs. 47.66 crore written-off receivables as income. The company's subsidiary Fedders Electric and Engineering Limited was delisted from NSE and BSE in March 2026, while another subsidiary exited the NBFI business.

Likely market impact

The qualified opinion on consolidated results raises concerns about financial controls and transparency, particularly regarding the Rs. 47.66 crore income recognition without adequate documentation. The delisting of the main operating subsidiary may limit future growth prospects and shareholder liquidity. Investors should carefully review the detailed audit qualifications before making decisions.