Q1 FY27 Results: Going Concern Doubt, Net Worth Fully Eroded

Going ConcernEmphasis Of MatterPat NegativeRevenue DeclineNegative Operating CashflowRelated Party TransactionsResults View source PDF Explain this filing

NEXTMEDIA · 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

+1.3%Reaction day

₹3.93

prior close

₹3.97

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+0.2% vs market

Media & Entertainment peers, median of 12sector-0.3%+1.5% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.5 pts more than its Media & Entertainment 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

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10m

+0.5

15m

+0.5

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+1.1+0.2-0.3+1.5

Next day

-1.5+2.4-4.0+0.1-1.6

+1.5+2.9-1.4+0.8+0.8

-0.8+4.2-5.0+0.9-1.7

-0.5+4.6-5.1+0.2-0.7

-1.8+4.6-6.4-1.4-0.4

-5.9+4.4-10.2+0.1-5.9

15d

-0.3+5.7-6.0-1.5+1.2

+24.7+6.6+18.1-6.2+30.8

-4.6+5.4-10.0-5.3+0.7

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UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 12Pending

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

AI summary

Next Mediaworks reported Q1 FY27 results with zero revenue from operations and only INR 9 Lacs of other income. Total expenses were INR 122 Lacs, mainly finance costs of INR 117 Lacs on inter-corporate borrowing from Next Radio Limited. Loss after tax was INR 88 Lacs (EPS negative 0.13). The auditor flagged that the company is no longer a going concern: net worth is fully eroded at negative INR 10,225 Lacs, no business operations, no operating cash flows, and no definitive business plans. Financials prepared on a non-going-concern basis.

Likely market impact

Severe red flag. Going concern doubt and fully eroded net worth. Major risk for shareholders as company has no operations.