This is to inform that the Board of Directors of teh Company at its meeting held today, have inter alia, approved and adopted audited financial results of the Company for the year ended ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mystic Electronics Limited reported flat revenue of Rs 14.63 Lakh for FY26 vs Rs 14.35 Lakh in FY25. Net profit after tax dropped sharply to Rs 27.86 Lakh from Rs 105.08 Lakh in the prior year — a decline of approximately 73%. The auditors (Ashok Shetty & Co) issued an unmodified opinion. The company has a new internal auditor (Sanjonaa & Associates). Critically, the company generated deeply negative operating cash flow of Rs -928.63 Lakh (vs +Rs 98.31 Lakh in FY25), driven primarily by a Rs 943 Lakh increase in loans and advances. Cash and cash equivalents collapsed from Rs 111.26 Lakh to just Rs 2.59 Lakh over the year.
The 73% PAT decline and severely negative operating cash flow signal significant deterioration in financial health. Despite clean audit opinion, the massive working capital outflow — particularly in loans/advances — raises questions about the quality of earnings and liquidity risk.