BSEPradhin LtdHighNeutral
Announced Fri, 13 Feb · 17:43 IST

For declaration of financial results for the period ended on 31st December, 2025

Qualified OpinionRevenue DeclinePat NegativeEbitda Margin CompressionResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pradhin Limited reported unaudited results for Q3 FY26 showing a sharp deterioration in business. Revenue from operations for the quarter collapsed to Rs 800.35 lakhs, down roughly 93% from Rs 12,287.29 lakhs in the same quarter last year. For the nine months ended December 2025, revenue fell about 39% YoY to Rs 20,580.26 lakhs (vs Rs 33,792.16 lakhs). The company swung to a loss of Rs 20.75 lakhs in Q3 from a profit of Rs 76.02 lakhs a year ago, and nine-month profit after tax dropped roughly 81% to Rs 163.74 lakhs. Basic EPS for Q3 turned negative at (Rs 0.01) versus Rs 0.22 previously. The statutory auditor (S Parth & Co) issued a qualified opinion, flagging missing third-party balance confirmations, absence of a fixed assets register, unsecured loans without loan agreements or interest, and non-disclosure of MSME creditor classification under the MSMED Act, 2006.

Likely market impact

This is a negative signal for shareholders: revenue has nearly vanished in the latest quarter, the company has slipped into a quarterly loss, and the auditor has raised multiple qualifications around missing records and non-compliance, raising concerns about the reliability of the reported numbers and overall financial transparency.