KRBLNSEKRBL Limited· Food And Food ProcessingMediumNeutral
Announced Thu, 14 May · 19:29 IST

KRBL Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

KRBL · price

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

Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹348.00
prior close
₹351.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-2.8-3.8-4.0-6.3-4.6-4.8-3.6-1.7+4.3+1.2+7.2+3.2
Up moveDown movePending
AI summary

KRBL Limited reported Q4 and full year FY2026 standalone results with total income of ₹6,16,789 lakh and profit after tax of ₹64,768 lakh, up 36% YoY from ₹47,580 lakh. EPS stood at ₹28.30 per share. The Board recommended a final dividend of ₹4.50 per equity share (450%) for FY2026, subject to shareholder approval. Mr. Shubham Kandhway was appointed as Company Secretary and Compliance Officer (KMP). The statutory auditors Walker Chandiok & Co LLP issued a qualified opinion citing the ongoing Enforcement Directorate investigation into the company's Joint Managing Director related to the Agusta Westland case - a qualification that has continued since March 2021. The auditors could not determine the impact on financial statements pending closure of the investigation. S S Kothari Mehta & Co. LLP was re-appointed as Internal Auditors for FY2027. Notably, the exchange headline mentioned 'Change in Auditors' but the filing content shows no statutory auditor change - the same auditor continues.

Likely market impact

Despite headline mismatch on auditor change, the stock may react to continued qualified audit opinion and ongoing ED investigation involving the JMD, which creates regulatory uncertainty. However, strong 36% profit growth and dividend declaration are positives for shareholders.