Outcome Of The Board Meeting Held On May 8, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.7 pts less than Nifty Microcap 250 and 7.9 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Monika Alcobev Ltd reported strong FY26 results with revenue from operations at ₹3011.55 lakhs, up 27.5% from ₹2361.49 lakhs in FY25. Profit after tax grew 39% to ₹321.44 lakhs from ₹231.14 lakhs. The Board recommended a final dividend of ₹1 per share (10% on face value). The company completed its IPO in July 2025 and raised ₹13,702.83 lakhs (net ₹11,848.65 lakhs after issue expenses). Statutory auditors issued an unmodified (clean) opinion. However, the auditor included an Emphasis of Matter paragraph regarding the company's reassessment of its tax treatment under Section 115BAB vs Section 115BAA of the Income Tax Act, based on a legal opinion obtained during the year. The company also appointed M/s MYNS & Co. LLP as internal auditor for FY27.
Strong revenue and profit growth with a clean audit opinion is positive for investors. The auditor's Emphasis of Matter on tax treatment reassessment indicates some uncertainty but does not modify the audit opinion. The significant negative operating cash flow of ₹1017.60 lakhs (vs ₹59.22 lakhs prior year), driven by large working capital buildup in trade receivables and inventories, is a concern that investors should monitor.