Q1FY27 results: zero revenue, auditor flags going concern doubt

Going-concern doubtQualified audit opinionEmphasis of matterRevenue declinedNet loss reportedContingent 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

-4.8%Reaction day

₹1.46

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-4.9% vs market

Garments & Apparels peers, median of 37sector+0.0%-4.8% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 4.8 pts less than its Garments & Apparels 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+0.1-4.9+0.0-4.8

Next day

-15.1+0.2-15.3-1.5-13.5

-8.9+0.6-9.5-2.0-6.9

-4.1-0.0-4.1-1.9-2.3

-4.8+0.5-5.3-1.8-3.0

-4.1+0.8-4.9-1.6-2.5

-11.6+0.6-12.2-2.2-9.4

15d

-7.5+1.3-8.8-1.2-6.3

-14.4-1.4-13.0-4.2-10.2

-8.9-0.6-8.3-6.3-2.6

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 37Pending

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

AI summary

Samtex Fashions reported zero revenue for Q1FY27 with standalone loss of Rs 1.13 lakhs and consolidated loss of Rs 3.86 lakhs. No business activity. Auditor Kapil Kumar & Co gave a qualified report flagging going concern uncertainty due to eroded net worth, missing impairment testing, and unconfirmed receivables. Emphasis of matter notes a Rs 807.46 crores corporate guarantee for subsidiary SSA International Ltd, classified NPA, with SARFAESI notices and willful defaulter proceedings.

Likely market impact

Serious red flags: zero revenue, going concern doubt, and Rs 807 crores guarantee exposure for troubled subsidiary could severely impact shareholders.