Q1 FY27 results approved; auditor flags going concern risk, loss narrows to Rs 69.91 lakh
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shree Rajasthan Syntex reported Q1 FY27 revenue of Rs 376.14 lakh, up from Rs 341 lakh YoY. Net loss narrowed to Rs 69.91 lakh from Rs 133 lakh. Total expenses were Rs 477.40 lakh. Auditor Doogar and Associates flagged going concern uncertainty, citing continuous past losses and current liabilities exceeding current assets. Reserves are deeply negative at Rs 3,313.35 lakh. Fund utilization shows Rs 40.70 lakh still pending from the Nov 2025 preferential issue.
Auditor going concern warning is a serious red flag. Losses continue despite revenue rise, raising survival concerns.