integrated financial as on march 31, 2026
LASA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lasa Supergenerics reported severe financial deterioration for FY26 with revenue plummeting to Rs 2,514.07 lakhs from Rs 14,244.81 lakhs in FY25 (over 82% decline), primarily due to a fire incident on May 18, 2025 that completely halted all production at their main factory. The company reported a net loss of Rs 3,409.03 lakhs compared to a loss of Rs 1,475.73 lakhs in the previous year. Statutory auditors issued a qualified opinion citing inability to verify impairment losses on tangible assets (fire damage) and intangible assets (patents, goodwill, software worth Rs 1,667.05 lakhs) due to ongoing operational constraints and labour disputes. The company also faces GST demand notices of Rs 3,810.93 lakhs and has written off Capital Work-in-Progress of Rs 46.27 lakhs. The company's other equity has turned negative at Rs (47.84) lakhs.
This is an extremely negative development for shareholders. The combination of production shutdown, qualified audit opinion, massive revenue decline, and going concern doubts creates significant uncertainty about the company's survival. The stock faces serious risk as operations remain suspended with no clear timeline for recovery.