BSEMauria Udyog LtdHighNeutral
Announced Fri, 29 May · 17:25 IST

Audited Financial Results-31.03.2026

Qualified OpinionEmphasis Of MatterPat Growth 25pctExceptional ItemResults View source PDF

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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
-8.5%1-day move
₹10.13
prior close
₹9.82
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+0.1+0.3+0.3+0.3-8.5-9.7-9.0-11.6-13.9-14.0-11.2-10.4
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AI summary

Mauria Udyog Limited reported audited standalone profit after tax of Rs 2,395.91 Lacs for FY26 vs Rs 1,712.65 Lacs in FY25 (approx 40% growth). Total income grew 10% to Rs 43,423.88 Lacs from Rs 39,453.26 Lacs. The auditors issued a QUALIFIED OPINION citing three issues: (1) failure to fair value unquoted equity investments, (2) non-compliance with Ind AS 109 for expected credit loss on trade receivables, and (3) non-provisioning for Rs 16,700 Lacs liability directed by Supreme Court in Amrapali Group matter. Emphasis of Matter notes highlight Rs 6,311.86 Lacs disputed trade receivables (net of Rs 3,924.43 Lacs provision), SEBI restraint order requiring Rs 2,619.69 Lacs deposit, and unsold assets held for sale of Rs 1,865.31 Lacs. This is the sixth consecutive year of qualified opinion.

Likely market impact

The persistent qualified audit opinion since 6 years and multiple material uncertainties (SEBI restraint, Amrapali liability, disputed receivables) signal elevated risk. Shareholders should monitor contingent liability disclosures and the company's ability to resolve regulatory and legal issues.