Qualified audit opinion on FY26 results, revenue down 27%

Qualified OpinionRevenue DeclinePat NegativeRelated Party TransactionsResults View source PDF Explain this filing

ISHANCH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.3%Reaction day

₹57.80

prior close

₹57.47

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-0.5% vs market

Specialty Chemicals peers, median of 94sector+0.3%+0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts more than its Specialty Chemicals 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

Stock

-0.8

10m

-0.8

15m

-0.8

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.8-0.5+0.3+0.1

Next day

-0.2+0.1-0.3-0.4+0.3

-0.5+0.0-0.6+0.2-0.7

-0.5-0.6+0.0-0.8+0.3

-1.4-0.9-0.5-0.8-0.5

-0.2+0.2-0.3-0.7+0.6

-3.1+1.2-4.3+0.3-3.4

15d

-4.3+0.7-5.1+0.0-4.4

-5.5-0.4-5.1+0.4-6.0

-18.7+5.2-23.9+4.1-22.8

-12.7+5.4-18.1+4.6-17.3

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 94Pending

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

AI summary

Ishan Dyes FY26 results carry a qualified audit opinion. Total income fell 27% to Rs 7,663.63 lakh from Rs 10,446.85 lakh and the company posted a net loss of Rs 710.85 lakh versus Rs 108.50 lakh profit last year. Auditor flagged: Rs 1,460.22 lakh loan to associate Cluster Enviro with no impairment provision, and Rs 284.78 lakh inventory overvaluation. Only the audit impact statement was inserted, no other changes. New internal auditor appointed.

Likely market impact

Qualified opinion and sharp revenue decline with net loss are negatives. Unprovided loan to troubled associate adds risk and may weigh on stock.