FY26 results filed late; auditor disclaims opinion despite company declaring unmodified
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
FY26 revenue jumped to Rs 293.70 lakh from Rs 49.92 lakh, but PAT fell to Rs 0.77 lakh from Rs 4.35 lakh. Q4 profit dropped to Rs 1.67 lakh vs Rs 15.37 lakh. Filing was delayed past May 30 due to internal audit queries. Auditor issued a disclaimer of opinion, unable to verify receivables, Rs 1 crore Sanand plot investment, Rs 2.15 crore inventory, and bank balances. Material weaknesses in internal controls flagged. Company separately declared unmodified opinion.
Auditor disclaimer and internal control gaps are serious red flags, contradicting the company's unmodified declaration. Verify before investing.