Please find enclosed Audited financials for the financial year ended March 31, 2026

Qualified audit opinionGoing-concern doubtRevenue growth above 20%Net loss reportedNegative operating cash flowDebt to equity above the thresholdResults View source PDF Explain this filing

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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

-2.5%Reaction day

₹7.48

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-3.3% vs market

Ceramics peers, median of 10sector-0.9%-1.6% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 1.6 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-2.5+0.7-3.3-0.9-1.6

Next day

-5.3+0.7-6.0-0.8-4.6

-2.7+0.0-2.7-0.8-1.8

+0.3-1.1+1.3-1.5+1.7

+5.2+0.0+5.2-0.9+6.1

+6.8+0.3+6.6-2.6+9.4

+3.1+1.1+2.0-4.3+7.3

15d

-2.3+4.9-7.1-1.8-0.5

-9.1+5.3-14.4-2.4-6.7

-10.8+6.9-17.7-8.1-2.7

-3.2+11.9-15.1-3.5+0.3

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 10Pending

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

AI summary

Restile Ceramics Ltd reported revenue of Rs. 562.91 lakhs for FY26, a significant jump from Rs. 143 lakhs in FY25 (294% growth), though the company remains loss-making with a net loss of Rs. 5.64 lakhs versus a loss of Rs. 96.06 lakhs in the prior year. The auditor issued a qualified opinion citing material uncertainty about the company's ability to continue as a going concern due to negative operating cash flows, substantial operating losses, and significant deterioration in asset values. The balance sheet shows negative shareholders' equity of Rs. 3,172.46 lakhs with borrowings of Rs. 3,687.45 lakhs. Management states the going concern issue is being addressed through proposed operational restructuring and a merger with another company pending approvals.

Likely market impact

The qualified opinion and negative net worth signal extreme financial distress. While revenue growth and narrowing losses are positive, the company's ability to survive hinges on the pending merger and restructuring plans. Shareholders face high risk of dilution or wipeout.