Kindly find enclosed the Audited Financial Results, along with the Auditor''s Report for the quarter and year ended March 31, 2026.
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Patidar Buildcon Ltd has filed its audited standalone financial results for FY2026 ending March 31, 2026. The company reported losses for the second consecutive year — Rs. 20.30 lakhs in FY2026 compared to Rs. 34.44 lakhs in FY2025, showing a reduction in losses year-on-year. Cash and cash equivalents declined significantly from Rs. 70.07 lakhs to Rs. 26.30 lakhs, indicating pressure on liquidity. Operating cash flow was negative during the year. The statutory auditor, Shah Thacker and Co, issued an unmodified (clean) opinion confirming the financial statements give a true and fair view. No key audit matters were reported, and no going concern uncertainty was flagged despite consecutive losses. The company qualifies as a small listed entity with paid-up capital of Rs. 5.50 crore and net worth of Rs. 6.50 crore. The company operates in a single reportable segment — trading of metals.
Two consecutive years of losses and declining cash reserves signal financial stress, though the auditor has given a clean opinion with no going concern flag. Shareholders should monitor liquidity carefully as the cash balance has fallen sharply.