Integrated filings as on 31st march, 2026
LASA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lasa Supergenerics Ltd reported a massive deterioration in FY2026 with net loss of Rs. 3,409.03 lakhs, more than double the loss of Rs. 1,475.73 lakhs in FY2025. Revenue from operations collapsed to Rs. 2,514.07 lakhs from Rs. 14,244.81 lakhs. A fire incident on May 18, 2025 destroyed the main factory at Lote Parshuram, halting all production permanently since assets were uninsured. The company recognized exceptional items of Rs. 2,103.75 lakhs for fire-related losses. Statutory auditors M/s Gupta Rustagi & Co. issued a QUALIFIED OPINION due to incomplete assessment of impairment on tangible assets (carrying value uncertain after fire) and intangible assets worth Rs. 1,667.05 lakhs (patents, goodwill, unused software). Management acknowledges inability to resume manufacturing but claims going concern assumption remains valid.
The stock carries extreme risk due to complete operational shutdown, qualified audit opinion questioning asset valuations, and mounting losses. Shareholders should brace for potential delisting risk and further write-downs once full fire damage assessment is completed. The company's path to revival through contract manufacturing or leasing remains highly uncertain.