Flexituff Ventures International Limited hereby submits the audited standalone and consolidated Financial Results for the quarter and year ended 31st March, 2026
FLEXITUFF · price
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Flexituff Ventures International Limited has reported a massive net loss of Rs. 13,487.87 lakhs for FY 2026, a sharp reversal from profit of Rs. 23,564.66 lakhs in FY 2025. Revenue declined 37% to Rs. 28,857.17 lakhs from Rs. 46,016.40 lakhs. The company's net worth has been completely eroded with negative other equity of Rs. 13,964.86 lakhs. Current liabilities exceed current assets by Rs. 32,233.86 lakhs. The auditors (Mahesh C. Solanki & Co.) have issued an ADVERSE OPINION - the most serious audit opinion - citing material uncertainties about the company's ability to continue as a going concern. Banks have issued SARFAESI notices for Rs. 25,971.26 lakhs of outstanding borrowings. The Kashipur plant has been shut down due to labor strike over unpaid wages. The company has failed to perform mandatory impairment assessments and has unpaid statutory liabilities.
This is an extremely negative development. The adverse audit opinion, complete net worth erosion, SARFAESI notices, and going concern doubts signal extreme financial distress. Shareholders face potential total loss of investment value. The stock is likely to face significant selling pressure and potential suspension.