Q3 FY26 results: auditor flags going concern doubt; loss at INR 103 lacs

Going ConcernEmphasis Of MatterPat NegativeNegative 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

+4.2%Reaction day

₹5.52

prior close

₹5.62

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.1%+6.3% vs market

Media & Entertainment peers, median of 11sector-0.1%+4.3% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 4.3 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.

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Reaction day

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Next day

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-31.7-9.4-22.3-9.8-21.9

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UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 11Pending

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

AI summary

Next Mediaworks posted a loss after tax of INR 103 lacs for Q3 FY26 versus INR 97 lacs loss a year ago. Nine-month loss stood at INR 335 lacs. The company has no business operations and earned only INR 17 lacs of other income this quarter against finance costs of INR 114 lacs. Net worth is fully eroded with negative other equity of INR 9,188 lacs. The statutory auditor S.R. Batliboi flagged an Emphasis of Matter, confirming management has assessed the company is no longer a going concern, given its inability to repay inter-corporate borrowing from Next Radio Limited, due August 2027.

Likely market impact

Severe going concern flag with no operations, fully eroded net worth, and an uncertain loan repayment raise serious solvency concerns for shareholders.