SECURCREDNSESecUR Credentials LimitedHighNeutral
Announced Wed, 14 Oct, 2026 · 19:21 IST
SecUR Credentials reports heavy losses, qualified audit opinion for FY26
Going-concern doubtQualified audit opinionEmphasis of matterRevenue declinedNet loss reportedRelated-party transactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Company submitted delayed results for Jun-25 through Jun-26 plus audited FY26. Revenue collapsed from 79.07 lakh (Sep-24) to 14.05 lakh (Sep-25). FY26 loss was 804.13 lakh on revenue of 55.24 lakh. Auditor issued a qualified opinion citing a 116.12 lakh debit balance in director's account, a SEBI interim order on alleged fictitious transactions, and material uncertainty on going concern. Cash position is nearly zero at 0.56 lakh. A new CFO was also appointed.
Likely market impact
Major red flags: qualified audit, going concern doubts, near zero cash, and SEBI scrutiny. Very high risk for shareholders.