Q1 FY27 results with auditor's disclaimer of opinion

Adverse OpinionResults View source PDF Explain this filing

KALYANIFRG · price

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AI summary

Kalyani Forge reported Q1 FY27 revenue of Rs 66.80 crore, up 17.2% YoY from Rs 56.98 crore. PAT fell 23.8% YoY to Rs 4.48 crore from Rs 5.88 crore. Finance costs surged to Rs 1.73 crore from Rs 0.24 crore. The statutory auditor issued a disclaimer of opinion, flagging incomplete stock valuation methodology, unreconciled trade receivable and payable balances, pending GST input credit reconciliations, and inadequate internal financial control documentation. Dividend record date is Aug 21, 2026; 47th AGM on Sep 21, 2026.

Likely market impact

Auditor's disclaimer of opinion is a serious red flag indicating significant unresolved accounting and control issues despite revenue growth.