Patspin India Q1 FY27 loss widens to Rs 254L; going concern flag raised

Going ConcernPat NegativeDebt Equity ThresholdNegative Operating CashflowContingent Liabilities IncreasedResults View source PDF Explain this filing

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

₹6.90

prior close

₹6.93

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-4.0% vs market

Other Textile Products peers, median of 184sector+0.0%-4.2% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 4.2 pts less than its Other Textile Products 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

-2.6

10m

-2.6

15m

-2.6

30m

-2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-0.2-4.0+0.0-4.2

Next day

-1.3+0.2-1.5-0.5-0.8

-2.9+0.4-3.3-0.8-2.1

-1.6+0.4-2.0-0.6-1.0

-5.5+0.6-6.1-0.7-4.8

-5.7+0.9-6.6-0.7-4.9

-7.1+0.9-8.0-1.1-6.0

15d

-8.7+0.9-9.6-1.5-7.2

-8.3+2.3-10.6+0.0-8.3

-13.0-1.1-11.9-4.2-8.8

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 184Pending

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

AI summary

Board approved Q1 FY27 standalone results. Revenue Rs 1,101L vs Rs 1,119L YoY. Net loss widened to Rs 254L vs Rs 236L YoY. Auditor flagged going concern uncertainty citing eroded net worth (other equity Rs -12,700L), cash losses, and lender accounts classified sub-standard since March 2021. SARFAESI notices and DRT petition issued; debt restructuring proposal pending with bankers. Company currently runs only job work operations.

Likely market impact

Severe financial stress persists; going concern flag and lender recovery actions heighten solvency risk for shareholders.