Result for the period ended March 31,2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SC Agrotech Ltd reported massive revenue growth to Rs 8,806.04 lakhs in FY2026 from just Rs 247.33 lakhs in FY2025, a 3,460% increase. Net profit rose to Rs 333.98 lakhs from Rs 18.93 lakhs in the prior year. However, the company's auditors issued a qualified opinion citing inability to verify supporting documents, GST/TDS records, trade receivables, trade payables, and related party transactions due to incomplete records. The most alarming concern is a severely negative operating cash flow of Rs -12,206.16 lakhs despite positive net profit, indicating the company is burning cash operations. Total assets surged to Rs 13,647.52 lakhs from Rs 313.40 lakhs, largely due to conversion of 7 crore warrants into equity shares raising Rs 1,120 lakhs and multiple preferential issues totaling Rs 5,780.40 lakhs.
The auditor's qualified opinion combined with massive negative operating cash flow raises serious red flags despite top-line growth. The company relies heavily on equity raises for liquidity rather than operational cash generation, which is unsustainable. Shareholders should be cautious about the quality of earnings and underlying business operations.