QFR March, 2026
IMPEXFERRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Impex Ferro Tech Ltd reported a net loss of Rs. 643.40 lakhs for FY26 with revenue of just Rs. 20.79 lakhs. The company is under Corporate Insolvency Resolution Process (CIRP) since May 2024, with net worth fully eroded (negative equity of Rs. 32,164.23 lakhs). The auditor issued a Qualified Opinion citing non-provision of Rs. 63,020.22 lakhs cumulative interest on borrowings, incomplete creditor reconciliation, and Rs. 804.52 lakhs ECL provisions. Manufacturing operations at Kalyanesheri remain shut since October 2022. The auditor explicitly flagged Material Uncertainty regarding Going Concern, dependent on resolution plan approval. Statutory dues of Rs. 292 lakhs are in arrears for over six months.
Shareholders face extreme risk as the company is in insolvency proceedings with eroded net worth and dependent on a resolution plan for survival. The stock is highly speculative given the CIRP status, negative equity, and auditor's going concern warning.