BSEPradhin LtdHighNeutral
Announced Fri, 13 Feb · 17:36 IST

for declaration of un - audited financial results for the period ended on 31st December, 2025

Revenue DeclinePat NegativePat Growth 25pctQualified OpinionResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pradhin Ltd's board approved unaudited Q3 FY26 results (quarter ended 31 Dec 2025). Revenue from operations stood at NIL in Q3 FY26, a steep drop from Rs. 800.35 lakhs in Q2 FY26 and Rs. 12,287.29 lakhs in the year-ago quarter. The company swung to a loss of Rs. 20.75 lakhs in Q3 FY26, versus a profit of Rs. 26.28 lakhs in the preceding quarter. For the nine-month period (9M FY26), profit after tax was Rs. 710.01 lakhs compared to Rs. 63.74 lakhs in 9M FY25, showing strong YoY growth. The statutory auditor (S Parth & Co) issued a qualified opinion, flagging missing trade receivable/payable confirmations, absence of a fixed asset register, unsecured interest-free loans without supporting agreements, and non-compliance with MSMED Act disclosure requirements.

Likely market impact

The complete absence of operating revenue in Q3 FY26 is a major red flag and likely to weigh on investor sentiment. Combined with the auditor's qualified opinion citing multiple documentation and compliance gaps, the stock may face selling pressure despite the strong nine-month profit growth.