BSESecUR Credentials LtdHighNeutral
Announced Wed, 5 Aug, 2026 · 21:13 IST
FY25 loss widens to Rs. 804 lakh, auditor issues qualified opinion
Qualified OpinionRevenue DeclinePat NegativeRelated Party TransactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
SecUR Credentials posted FY25 total income of Rs. 81.27 lakhs, down sharply from Rs. 3,386.55 lakhs in FY24. Revenue from operations collapsed to Rs. 55.25 lakhs from Rs. 2,812.89 lakhs. Net loss widened to Rs. 804.13 lakhs from Rs. 245.50 lakhs. Auditor JPMD and Associates issued a qualified opinion flagging 11 issues including a Rs. 116.12 lakh related-party receivable from a director, unbilled revenue, missing confirmations, and a SEBI interim order on alleged fictitious transactions with Varanium Cloud Ltd.
Likely market impact
Massive revenue drop, widening losses, and multiple audit qualifications raise serious concerns about financial integrity and governance.