BSEShree Narmada Aluminium Industries LtdHighNegative
Announced Tue, 11 Aug, 2026 · 18:01 IST

Q1 FY27 results: Auditors flag qualified opinion, going concern doubt

Going ConcernQualified OpinionNegative Operating CashflowContingent Liabilities IncreasedDebt Equity ThresholdResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Auditors SVH and Associates issued a qualified opinion on Q1 FY27 results. Net worth fully eroded, raising going concern doubts. Revenue from operations is zero; total income just 6.68 lakhs from other income. Finance costs of 43.10 lakhs far exceed income. PAT marginally positive at 0.60 lakhs versus loss of 1.32 last year. Operating cash flow negative at 3.85 lakhs. Factory possession secured after Supreme Court order in Aug 2025.

Likely market impact

Qualified opinion and going concern doubts signal serious financial weakness. Net worth fully eroded, zero revenue. High risk for shareholders.