Restated FY26 results after ERP error; FY26 swings to loss

Results RestatedEmphasis Of MatterPat NegativeExceptional ItemResults View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.1%Reaction day

₹582.50

prior close

₹571.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.7% vs market

Commodity Chemicals peers, median of 54sector-0.6%+5.6% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.6 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+7.2

10m

+7.2

15m

+7.2

30m

+7.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+0.4+4.7-0.6+5.6

Next day

+10.3+0.5+9.8-0.9+11.2

+15.8+0.6+15.2-0.5+16.3

+11.8+0.7+11.0-1.5+13.2

+9.4+1.1+8.3-2.1+11.5

+9.7+0.5+9.2-2.6+12.3

+6.6+1.3+5.3-2.2+8.9

15d

+4.9+0.5+4.4-1.8+6.7

+3.3-0.8+4.2-0.8+4.2

+0.6-0.9+1.6-0.5+1.1

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UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The company restated FY26 results after discovering an ERP configuration error that understated natural gas raw material costs by Rs 694.63 lakhs. FY26 profit after tax swung from a reported Rs 922.96 lakhs to a restated loss of Rs 251.54 lakhs. Revenue stood at Rs 28,687.40 lakhs. Auditor issued an unmodified opinion with emphasis of matter. Dividend of Rs 7 per share remains unchanged. Q1 FY27 PAT was Rs 89.03 lakhs versus Rs 660.89 lakhs in Q1 FY26.

Likely market impact

FY26 turned into a loss after restatement. Dividend of Rs 7 per share held despite lower profits. Stock may face pressure on negative surprise.