Q1 FY27 results approved; auditor flags non-going concern

Going ConcernPat NegativeEmphasis Of MatterDebt Equity ThresholdResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹5.75

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Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+1.3% vs market

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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AI summary

Board approved Q1 FY27 unaudited results. Revenue from operations nil, other income Rs 9.92 lakhs, total expenses Rs 17.95 lakhs, loss after tax Rs 8.03 lakhs versus Rs 5.86 lakhs loss in Q1 FY26. EPS negative Rs 0.03. Reserves negative at Rs 3,119.51 lakhs. Auditor flagged that accumulated losses exceed net worth, total liabilities exceed total assets, company has no business plan and no near-term activity planned, so results are prepared on a non-going concern basis.

Likely market impact

Going concern doubt flagged. No business activity planned, reserves deeply negative, liabilities exceed assets. Stock faces valuation and listing risks.