Please find enclosed the outcome of the Board Meeting held today for approval of Financial results for the FY ended 31st March, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mystic Electronics Limited reported audited financial results for FY 2025-26. Total income was Rs 95.037 lakhs with net profit after tax of Rs 95.505 lakhs (EPS Rs 0.433). However, operating cash flow turned sharply negative at Rs -928.626 lakhs, a dramatic decline from Rs 98.308 lakhs in the previous year. This was primarily due to a large increase in loans and advances (Rs 943.044 lakhs). Cash and cash equivalents fell significantly from Rs 111.256 lakhs to Rs 2.590 lakhs. The statutory auditor Ashok Shetty & Co issued an unmodified opinion, and the company also re-appointed Sanjonaa & Associates as internal auditor for FY 2026-27.
Despite healthy net profit, the company faces serious liquidity concerns due to deeply negative operating cash flow. Shareholders should monitor the significant cash outflow and receivables growth which may indicate aggressive revenue recognition or working capital stress. The clean audit opinion provides some comfort.