Kindly find the Enclosed Disclosure
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shlokka Dyes Ltd reported audited standalone financial results for FY2026 ending March 31. Revenue from operations declined to ₹8,194.13 Lakhs from ₹10,342.62 Lakhs in FY2025 (approx 21% drop). Profit after tax fell to ₹495.96 Lakhs from ₹1,004.20 Lakhs (approx 50% decline). The auditors from Patel & Panchal issued an unmodified (clean) opinion, BUT included an Emphasis of Matter in Note 8 regarding IPO fund utilization deviations: ₹1,256.83 Lakhs exceeded working capital allocation, ₹55.75 Lakhs spent on unspecified items (vendor purchases, civil work), and shareholder approval was not obtained for these material deviations. Unutilized IPO funds of ₹389.18 Lakhs remain pending.
While the auditor gave a clean opinion, the emphasis of matter on IPO fund misuse is a regulatory red flag. The sharp revenue and profit decline compounds concerns for investors.