Orchasp Q2 FY26 results: revenue nearly doubles YoY, auditor flags qualified opinion

Qualified OpinionRevenue Growth 20pctNegative Operating CashflowResults View source PDF Explain this filing

ORCHASP · price

Loading chart…

▲ 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

-0.6%Reaction day

₹3.15

prior close

₹3.07

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-1.6% vs market

Computers - Software & Consulting peers, median of 64sector+1.5%-2.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 2.1 pts less than its Computers - Software & Consulting 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

+0.0

10m

+2.3

15m

+2.3

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.9-1.6+1.5-2.1

Next day

-1.0+0.8-1.8+0.8-1.8

-1.9+0.7-2.7+1.2-3.1

-5.4+1.3-6.7+0.2-5.6

-6.0+0.5-6.6-0.8-5.2

-7.0+0.4-7.3+0.6-7.6

-14.9-1.5-13.4-0.3-14.6

15d

-10.8-2.4-8.3-1.5-9.3

-8.6-4.4-4.2-2.2-6.4

-13.7-7.2-6.4-8.3-5.3

-19.7-5.0-14.7-15.6-4.1

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 64Pending

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

AI summary

Orchasp Q2 FY26: revenue rose to Rs 753.80 lakhs from Rs 458.59 lakhs YoY (about 64% up). H1 revenue reached Rs 1,528.99 lakhs vs Rs 806.36 lakhs. Net profit of Rs 20.77 lakhs versus a Rs 1,427.58 lakh loss. Auditor JMT and Associates issued a qualified opinion citing a Rs 6,825 lakh investment in a non-operational Portuguese subsidiary facing cancellation, unpaid TDS and statutory dues, and old unrecovered receivables. H1 operating cash flow was negative at Rs 24.11 lakhs.

Likely market impact

Revenue and profit show strong improvement, but auditor qualifications, unpaid dues, and negative operating cash flow flag ongoing financial health concerns.