FY26 results: Qualified audit, delisted shares, relisting pending at SAT

Qualified OpinionEmphasis Of MatterPat NegativeNegative Operating CashflowRevenue Growth 20pctResults View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

FY26 total income rose to Rs 16 lakh from Rs 7.83 lakh. Net loss narrowed to Rs 18.22 lakh from Rs 23.37 lakh. Auditor issued qualified opinion citing missing audit trail, unverified Union Bank balances, and unconfirmed receivables of Rs 96.96 lakh, loans of Rs 375.22 lakh, and payables of Rs 278.37 lakh. Operating cash flow was negative at Rs 116.10 lakh. Shares remain delisted and relisting petition is pending at SAT. Only standalone results filed as subsidiary dissolved in August 2025.

Likely market impact

Negative - qualified audit, delisted shares with uncertain relisting, and persistent losses. Negative operating cash flow is a concern.