Q2 FY26 results: qualified review, DRT orders 926 cr payment to banks

Going-concern doubtQualified audit opinionEmphasis of matterContingent liabilities increasedNegative operating cash flowDebt to equity above the thresholdResults View source PDF Explain this filing

KOHINOOR · price

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

-3.2%Reaction day

₹30.67

prior close

₹30.93

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.1% vs market

Other Food Products peers, median of 24sector-0.7%-2.5% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.5 pts less than its Other Food Products 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

-3.5

10m

-4.9

15m

-4.6

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-0.1-3.1-0.7-2.5

Next day

-3.4+0.5-3.9-1.2-2.2

-2.2-0.3-1.9-1.9-0.3

-2.9-0.5-2.4-3.9+1.0

-4.0-0.8-3.2-4.8+0.8

-7.0-2.3-4.7-4.5-2.5

-8.3-2.8-5.5-5.4-2.9

15d

-10.3-4.9-5.5-6.2-4.1

-12.1-4.7-7.4-7.6-4.5

-18.3-7.7-10.5-10.8-7.5

-16.9-7.8-9.1-14.2-2.7

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 24Pending

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

AI summary

Board approved unaudited Q2 and H1 FY26 results (ended Sep 30, 2025). Auditor N.C. Raj issued a qualified review with emphasis of matter. DRT Delhi ordered company on Oct 28, 2025 to pay banks 926.13 crores within 30 days, failing which recovery from mortgaged assets. Bank accounts are NPA; OTS of 227.45 crores partly paid (205 cr), two banks refused extension. Interest of about 806 crores on NPA loans not provided. IBC Section 7 petition pending at NCLT Chandigarh. Rice unit sold for 190 crores. Going concern hinges on OTS revival and asset sale approval.

Likely market impact

Severe financial stress: 926 cr DRT order, NPA status, IBC risk. Survival depends on OTS extension and asset sale. Very high risk for shareholders.