BSEShree Narmada Aluminium Industries LtdHighNeutral
Announced Tue, 11 Aug, 2026 · 17:52 IST

Q1 FY27 results: auditor flags going concern doubt, revenue nil, net worth eroded

Going ConcernQualified OpinionNegative Operating CashflowResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Board approved Q1 FY27 (June 2026) results. Revenue from operations was nil; other income of Rs 6.68 lakhs gave a marginal profit of Rs 0.60 lakh. FY26 loss was Rs 68.39 lakhs. Auditor qualified the report, noting net worth fully eroded and significant doubt about going concern, calling it a repetitive qualification. The 2008 rehabilitation scheme was confirmed by the Supreme Court; factory possession regained. Operating cash flow was negative Rs 3.85 lakhs.

Likely market impact

Going concern doubts persist despite Supreme Court backing the rehabilitation scheme. Nil revenue, eroded net worth, and negative cash flow remain red flags.