Financial result for the Quarter and year ended 31/03/2026
Awaiting price reaction for this filing.
Nutricircle Limited reported revenue of Rs. 1,775.05 lakhs for FY26, up sharply from Rs. 270.48 lakhs in FY25. Profit after tax grew to Rs. 29.94 lakhs from Rs. 12.09 lakhs year-on-year. The auditors issued a QUALIFIED opinion due to an unsecured loan of Rs. 50 lakhs from Mr. K. Veersham, where the company failed to provide balance confirmation or supporting documentation. The company also converted 11 lakh share warrants into equity shares on February 13, 2026. Cash flow from operations was negative at Rs. 243.69 lakhs, and reserves remain negative at Rs. 417.75 lakhs.
The qualified auditor opinion due to an unverifiable Rs. 50 lakh loan raises concerns about internal controls and transparency. While revenue and PAT showed strong growth, the negative operating cash flow and negative reserves indicate financial stress that shareholders should monitor closely.