Dear Sir / Madam, This is to inform that the Board of Directors, at its meeting held today i.e. Thursday, May 28, 2026 inter-alia have considered and approved the following: 1. Audited ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Microse India Ltd reported audited financial results for Q4 and year ended March 31, 2026. The company posted a net loss of ₹172.32 Lacs for FY 2025-26, a dramatic turnaround from a profit of ₹95.85 Lacs in the previous year. Revenue from operations remained flat at ₹136.27 Lacs. Total assets declined significantly to ₹152.97 Lacs from ₹506.85 Lacs. Reserves and surplus turned negative at -₹71.34 Lacs. The statutory auditor issued an 'Emphasis of Matter' noting the company (being an NBFC) used the wrong financial reporting format. Internal auditors were changed from M/s Laddha & Laddha to M/s ARK Jain & Associates. Operating cash flow was negative at -₹174.84 Lacs.
The company swung from profit to substantial loss with deteriorating financial health (negative reserves, declining assets, negative operating cash flow). While the auditor gave an unqualified opinion, the Emphasis of Matter about incorrect NBFC reporting format raises governance concerns. Shareholders should monitor the company's ability to sustain operations given the weak financial position.