Announced Fri, 29 May · 16:52 IST

Audited financial results as on 31.03.2026

Qualified OpinionGoing ConcernPat NegativeExceptional ItemResults View source PDF

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

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AI summary

Manipal Finance Corporation Ltd reported annual audited financial results for FY 2025-26. The auditor issued a QUALIFIED OPINION due to significant going concern doubts. The company has incurred losses over multiple years with majority of funds blocked in Non-Performing Assets. Profit before tax stands at Rs. 1859.77 lakhs (vs Rs. 723.66 lakhs previous year), but this includes exceptional income of Rs. 3663 lakhs - without this, the company would have reported a loss. The auditors stated they are unable to comment on the ultimate realizability of the company's assets or its ability to settle liabilities. This qualified opinion has been repetitive since 1999-2000. Operating cash flow turned positive at Rs. 20.29 lakhs from negative Rs. 743.58 lakhs earlier.

Likely market impact

The qualified audit opinion with going concern doubts signals significant financial distress. Shareholders should be cautious as the company's ability to continue operations is in question despite reported profits being artificially boosted by exceptional items.