Submission of Outcome of the Board Meeting held today on Tuesday, 26th May, 2026 to considered and approved the Audited Financial Results of the Company for the Quarter and Financial Year ....
SHYAMTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyam Telecom Ltd reported FY26 revenue of Rs 3,824 lakhs, a significant jump from Rs 1,386 lakhs in FY25 (176% increase). However, the company posted a net loss of Rs 502.03 lakhs compared to Rs 183.75 lakhs loss in FY25, widening losses by 173%. The auditor raised a critical 'Emphasis of Matter' noting that the company's net worth has been fully eroded, current liabilities substantially exceed current assets, and there is material uncertainty about the company's ability to continue as a going concern. The CFO declared an unmodified audit opinion. The board also appointed M/s D R & Associates as internal auditor for FY27.
The company is facing severe financial distress with eroded net worth and negative working capital. Despite revenue growth, widening losses and going concern doubts present significant risk for shareholders. The stock is likely to remain under pressure given the deteriorating financial health.