Q1 FY27 results: Net worth fully eroded, going concern basis

Going ConcernPat NegativeRevenue DeclineResults View source PDF Explain this filing

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

+2.3%Reaction day

₹6.40

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.9% vs market

Consulting Services peers, median of 17sector-0.5%+2.8% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.8 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+2.3+0.5+1.9-0.5+2.8

Next day

+0.8-0.1+0.9+0.0+0.8

+4.4+1.0+3.4+2.6+1.8

-3.1+2.3-5.4+4.5-7.6

+4.5+2.8+1.8+2.9+1.6

-3.1+4.1-7.2+2.9-6.0

+3.9+4.5-0.6+2.5+1.4

15d

+7.8+4.8+3.0-1.2+9.0

+17.0+6.4+10.6-3.5+20.6

+48.4+5.5+42.9+1.3+47.2

+28.9-1.7+30.6-1.7+30.6

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

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

AI summary

Board approved Q1 FY27 unaudited financial results for quarter ended June 30, 2026. Revenue from operations is nil; total income only Rs 4.81 lakh (other income). Total expenses Rs 10.15 lakh, leading to net loss of Rs 5.34 lakh versus Rs 4.20 lakh loss in Q1 FY26. EPS stood at minus Rs 0.0133. Company disclosed accumulated losses with net worth fully eroded; accounts prepared on going concern basis. Former NBFC is now focused on recovering old delinquent loan assets and exploring new business.

Likely market impact

Serious red flags: net worth fully eroded, persistent losses, no operating revenue. Stock remains highly speculative and risky.