BSEPradhin LtdHighNeutral
Announced Fri, 13 Feb, 2026 · 17:43 IST

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

Qualified OpinionRevenue DeclinePat NegativeEbitda Margin CompressionResults View source PDFExplain this filing
Price reaction

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.