FY26 loss triples, revenue crashes 92%, auditor flags qualified opinion and frozen bank a/c

Going ConcernQualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeNegative Operating CashflowResults View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹5.45

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.9% vs market

Computers - Software & Consulting peers, median of 69sector+0.5%-5.5% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 5.5 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-0.1-4.9+0.5-5.5

Next day

-9.5-0.7-8.8-0.0-9.5

-13.0-1.0-12.0-0.7-12.4

-18.0+0.0-18.0-0.9-17.1

-6.6+0.2-6.8-1.1-5.5

-11.2+1.1-12.3+0.1-11.3

-15.6+0.9-16.5+0.1-15.7

15d

-13.8+0.8-14.5+2.9-16.7

-9.9-0.8-9.1+0.3-10.2

-15.6+5.0-20.6+3.2-18.8

-26.6+5.0-31.6-4.7-21.9

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 69Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sparc Electrex FY26 revenue crashed 92% to Rs 28.29 lakh from Rs 366.10 lakh. Loss before tax widened to Rs 446.18 lakh from Rs 152.04 lakh. Auditor gave a qualified opinion on large inventory, receivables and payables write-offs without supporting documents. Bank account frozen by Income Tax Dept over unpaid tax demands. Cash at Rs 24.77 lakh. EPS at minus Rs 4.45.

Likely market impact

Severely negative. 92% revenue crash, tripling losses, qualified audit, frozen bank a/c and dwindling cash flag going-concern risk.