BSESC Agrotech LtdHighNeutral
Announced Fri, 29 May · 19:56 IST

Results for the period ended March 31,2026

Qualified OpinionRevenue Growth 20pctPat Growth 25pctNegative Operating CashflowRelated Party TransactionsResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-14.9%1-day move
₹24.29
prior close
₹24.78
base price
After-mkt
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-2.0-2.0-2.0-2.0-14.9-16.1-16.0-18.5-21.8-18.3-6.4-11.4
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AI summary

SC Agrotech Ltd reported total income of Rs. 8,806.12 lakhs for FY 2025-26, a massive jump from Rs. 247.33 lakhs in the previous year. Net profit after tax was Rs. 333.98 lakhs versus Rs. 18.93 lakhs year earlier. The auditor (Marks & Co.) issued a Qualified Opinion citing inability to verify complete supporting documents for GST, TDS, related party transactions, trade receivables, trade payables, and inability to confirm whether the accounting software had an audit trail (edit log) feature enabled as required under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014. The company raised Rs. 4,444 lakhs through four preferential issues converting warrants into equity shares. Cash flow from operations was deeply negative at Rs. 12,206.16 lakhs due to large increases in receivables (Rs. 5,381.85 lakhs) and inventories (Rs. 2,904.87 lakhs). Total assets grew from Rs. 313.40 lakhs to Rs. 13,647.52 lakhs.

Likely market impact

The qualified auditor opinion raises concerns about reliability of financial statements and internal controls. The rapid expansion in revenue and assets, while profitable, is accompanied by negative operating cash flows and large working capital build-up, which could strain liquidity going forward.