Financial results for the year 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pan Electronics India Ltd reported a net loss of ₹208.58 lakhs for FY26, an improvement from the previous year's loss of ₹374.27 lakhs. Revenue declined significantly to ₹332.87 lakhs from ₹482.64 lakhs (approx 31% drop). The company has negative net worth of ₹2,849.26 lakhs against total liabilities of ₹3,997.14 lakhs. Statutory auditors S K S V M & Co. issued a qualified opinion due to the company's failure to comply with IND AS 116 (Leases), IND AS 109 (Financial Instruments), and IND AS 115 (Revenue Recognition) because of insufficient data, system limitations, and incomplete lease documentation. The company appointed new internal auditors M/s. Sundararajan and Harish for FY 2026-27. Management stated the impact of non-compliance cannot be quantified but expects it to be negligible.
The qualified audit opinion, negative net worth, and revenue decline signal serious financial distress. The inability to quantify the impact of Ind AS non-compliance adds uncertainty. Shareholders should be cautious as the company faces both operational losses and governance/reporting concerns.