Hindustan Motors Q1 FY27 results: Profit at Rs 22 lakh, auditor flags going concern

Going-concern doubtQualified audit opinionRevenue declinedResults View source PDF Explain this filing

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

-0.1%Reaction day

₹15.49

prior close

₹15.69

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-0.1% vs market

Passenger Cars & Utility Vehicles peers, median of 6sector-0.5%+0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.4 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.1+0.0-0.1-0.5+0.4

Next day

-2.5-0.0-2.5+0.3-2.8

-2.4-0.2-2.2-0.2-2.2

-2.0+0.2-2.2-0.1-1.9

-3.6+0.3-3.9+0.0-3.7

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15d

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-6.2+0.6-6.7-17.6+11.4

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UpDownMarket · Nifty Microcap 250Sector · Passenger Cars & Utility Vehicles peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hindustan Motors Q1 FY27: Total income Rs 94 lakh, net profit Rs 22 lakh. Zero revenue from operations as Uttarpara plant remains shut since 2014. Auditor KAMG and Associates issued a qualified conclusion citing material uncertainty on going concern after West Bengal government resumed possession of the factory land. This is a repetitive qualification. Management says company is debt free with net worth of Rs 3,186 lakh and continues on going concern basis, planning a review petition and new business avenues. Board appointed Mrs Moneera Anjum as Company Secretary and reappointed CFO Mahesh Kumar Kejriwal for 2 years.

Likely market impact

Auditor going concern flag and zero operations raise concerns despite small profit. Stock may stay volatile. Watch review petition outcome.