Announced Wed, 26 Aug · 18:00 IST
Simbhaoli Sugars Q1FY27 loss widens; CIRP resumed, auditor issues adverse opinion
Going ConcernAdverse OpinionRevenue DeclinePat NegativeRelated Party TransactionsContingent Liabilities IncreasedResults View source PDFExplain this filing
SIMBHALS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹8.94
prior close
₹8.77
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-3.8-5.7-7.5-9.3-11.1-14.4-25.4———
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AI summary
Simbhaoli Sugars Q1FY27 revenue fell 37% YoY to Rs 14,611 lakhs. Net loss widened to Rs 2,534.53 lakhs from Rs 2,243.24 lakhs. Company is under CIRP since July 2024; process resumed after NCLAT judgment July 13, 2026. Auditor issued Adverse Conclusion citing going concern doubts, unprovided interest of Rs 2,19,371 lakhs, and cane payment interest of Rs 12,163 lakhs. Negative other equity of Rs 21,613 lakhs.
Likely market impact
Negative net worth, unresolved CIRP, and adverse auditor opinion raise serious going concern doubts. Highly risky for shareholders with uncertain recovery.