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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 5.1 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.